Wheelchairs Market Global Industry Forecast 2022
The global wheelchairs market size was valued at USD 6,273.1 million in 2021 and is poised to grow at a significant CAGR of 4.5% during the forecast period 2022-28. Throughout the forecast period, growing advancements in wheelchair technology, as well as increasing awareness of these advanced products, are likely to fuel market growth. In addition, an increasing number of product releases by manufacturers and favorable reimbursement policies are expected to drive market expansion. Advancements in homecare in developing countries provide market opportunities to the key players.
View Detailed Report Description Here - https://precisionbusinessinsights.com/market-reports/wheelchair-market/
Standard Wheelchair Segment Dominates the Wheelchairs Market
The market is categorized into a standard wheelchairs, bariatric wheelchair, sports wheelchairs, and others based on application. The standard wheelchair segment captured the largest market share during the forecast period due to their increasing usage amongst the disabled population. Moreover, the availability of cost-effective products is likely to propel the demand for these wheelchairs during the forecast period.
The global wheelchair market segmentation:
- By Product Type: Manual Wheelchairs, Electronic Wheelchairs
- By Weight: Light Weight Wheelchairs, Heavy Weight Wheelchairs
- By Modality: Pediatric Powered Wheelchairs, Adults Powered Wheelchairs
- By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings
North America Leads Wheelchair Market
Because of the high target population and rising use of sophisticated wheelchairs, North America dominated the market and held the greatest market share in 2021. Furthermore, the presence of a large number of market participants in the region will aid market expansion throughout the projection period. During the forecast period, Asia Pacific is expected to have the highest CAGR because of advancements in healthcare facilities and expanding government attempts to provide superior mobility equipment, the area is backed by a big population base in nations like India and China. Furthermore, countries with a large aging population, such as Japan, benefit from market expansion.
Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=54597
Key player’s profiles in the wheelchair market report are nvacare, Medline, Numotion, Quantum Rehab, Karman Healthcare, Sunrise Medical LLC, Carex Health Brands, Inc., Pride Mobility Products Corp., Graham-Field Health Products Inc., Drive Medical Design & Manufacturing
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Website: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
English
Arabic
Français
Español
Português
Deutsch
Türkçe
Italiano
Russian
Romaian