Global Wheelchairs Market Size is estimated to expand rapidly in coming years, at a CAGR of 13.1 % from 2018 to 2025. In 2017, the global market valuation was USD 6.8 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The worldwide wheel-chair industry is anticipated to boost the forecast period to include a higher geriatric population, increased disability population and sophisticated wheelchair products acceptance and consciousness, improved infrastructure for healthcare, and favorable reimbursement measures. During the era prediction, sophisticated wheelchair growth is anticipated to boost the worldwide wheelchairs industry, which will be used for multiple operations including athletics, bariatric, stewardship and travel. Developing pneumatic wheelchairs and using autonomous technology to develop sitting and other versions provide the worldwide wheelchair industry an important chance. However, the elevated price of the item is likely to impede the wheelchair industry, in particular, the powerful and certain natural energy supplements that are used in leisure operations. Geographically, North America is expected to be the highest growing region in the global market of wheel-chairs.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global wheelchairs market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global wheelchairs market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Product Insights: On the basis of product, global wheelchairs market has been segmented into manual and powered. Due to its advanced functions and simple acceptance among the hospital population, the electric section has dominated the worldwide wheelchair industry in importance. It is anticipated that this section will grow to include an important CAGR because it is simple to function and economical. Moreover, due to its simple accessibility and increasing request within the geriatric population, the guide sector dominates the worldwide wheelchair industry in quantity.

By Function Insights: On the basis of function, global wheelchairs market has been segmented into standard, bariatric, sports. A significant business position was retained in 2018 in the standard section. Due to the strong choice for conventional wheelchairs over other rolling facilities, as they are simple to work for regular operations, it is anticipated to keep its major business role in terms of its business value. In the forecast period, however, increased consciousness of athletics and government efforts to support sports events like the Paralympic and Invictus games are anticipated to increase supply for soccer wheelchairs.

Regional Analysis

The wheelchairs market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Due to a rise in lifestyle disease, osteoporosis, and others autoimmune diseases leading to reliance on wheelchairs, technological developments incorporated with a range of electric wheelchairs, growing baby boomers, the growing geriatric population and a rise in patients with disabilities, North America dominates the worldwide wheelchair industry. Baby boomers are the main variable in the U.S. domination of the North American wheelchair industry. During the prediction era, it is expected to keep its business leader in the area.

During the forecast period, the industry in Europe is expected to increase significantly at the CAGR due to improved transport infrastructure, increased acceptability of sophisticated wheelchairs, higher disposable income, a greater understanding of powerful and fresh wheelchair versions and advances from businesses in the growth of personal mobility aids. In addition, an increase in the region's geriatric population is expected to further increase European markets in the close future. In addition, public actions to provide handicapped people with assistive tools are expected to increase the region's industry during the prediction era. The existence of a large population foundation, an increase in chronic disease incidence and increased government financing for healthcare is anticipated to expand at the greatest level in the ACP region. Bariatric & geriatric nurses in China, Japan, India, and others are the highest increasing industry for these devices.

Global Wheelchairs Market Size, Share Analysis by Region 2017

Global Wheelchairs Market Study Objective

1. To forecast the market size of wheelchairs market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of wheelchairs market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of wheelchairs market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of wheelchairs market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the wheelchairs market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Invacare Corporation, Sunrise Medical LLC, Ottobock, Permobil, Pride Mobility Products Corp, Drive Medical, GF Health Products Inc., 21st century Scientific Inc., Karman Healthcare, and Hoveround are some of the key players in the market of wheelchairs.

Global Wheelchairs Market Study Report Offer You!

The global wheelchairs market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.