New York, NY -- (SBWire) -- 02/12/2021 --A wheelchair is an assisted walking vehicle that helps people with mobility-related issues and has difficulties in walking to move from one place to another at ease. Wheelchairs were designed to give a sense of freedom to people who have trouble walking and to help them move from one place to another without someone else's help.
Market Drivers
The growing incidences of spinal cord injuries will be a major factor boosting the market demand during the forecast period. Moreover, a growing number of road accidents and violence may lead to various problems that might temporarily or permanently result in the disability of the person to walk, which will be a boosting factor for the market demand. Furthermore, the rising incidence of arthritis among people, especially women, will boost the market demand. The increasing global geriatric population will boost the market growth during the forecast period as the geriatric population often faces problems to move from one place to another as the muscle and bones tend to lose strength with age.
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Regional Analysis
North America is expected to dominate the global wheelchair market due to the growing geriatric population, high disposable income, growing incidences of age-related diseases, and highly advanced healthcare sector. The Asia Pacific region is projected to witness the highest growth during the forecast period due to the growing geriatric population of countries like China and Japan, coupled with a rise in healthcare investments in the region.
Drive Medical Design & Manufacturing, Carex Health Brands Inc., Medline, Invacare, Karman Healthcare, Pride Mobility Products Corporation, Quantum Rehab, Sunrise Medical LLC, Graham-Field Health Products Inc., and Numotion, among others.
For the purpose of this report, Reports and Data have segmented the global wheelchair market on the basis of type, application, end-user, and region:
Type Outlook (Revenue, USD Million; 2017-2027)
Manual
Electric
Application Outlook (Revenue, USD Million; 2017-2027)
Pediatric
Adults
End-User Outlook (Revenue, USD Million; 2017-2027)
Homecare
Hospitals
Ambulatory Surgical Centers
Rehabilitation Centers
Regions Covered in This Report:
· North America (U.S., Mexico, and Canada)
· Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
· Europe (U.K., Germany, France, and Rest of Europe)
· Latin America (Brazil and Rest of Latin America)
· Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
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Key highlights of the report:
1. The latest report based on the global Wheelchair market includes an elaborate list of the company profiles of the leading market players.
2. The report emphasizes various aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
3. The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
4. The report involves a SWOT analysis of the global Wheelchair market and includes expert opinions on the Wheelchair industry.
5. The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading companies operating in this market.
6. The report is inclusive of a detailed study of the intensely competitive landscape of the market.
7. Moreover, the report is intended to help the businesses engaged in this sector with effective decision-making and further provide them with helpful insights into the global market.
Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Wheelchair Segmentation & Impact Analysis
4.1. Wheelchair Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing geriatric population
4.2.2.2. Growing prevalence of spine injury
4.2.2.3. Rising occurrences of arthritis
4.2.3. Market restraints analysis
4.2.3.1. Availability of substitutes
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Continue…
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Wheelchair Market Outlook, Industry Demand and Supply, Key Prospects, Pricing Strategies, Forecast and Top Manufacturers Analysis Report by 2027
The global wheelchair market is expected to reach USD 3.89 Billion by 2027, according to a new report by Reports and Data.