Wheelchair Market Revenue, Region, Country, and Segment Analysis & Sizing For 2027

 

The global wheelchair market is expected to reach USD 3.89 Billion by 2027, according to a new report by Reports and Data. The wheelchair is an assisted walking device to improve the quality of life by supporting personal mobility-related issues in people who have troubles in walking, such as individuals with spinal cord injuries leading to muscular dystrophy, among others. Wheelchairs offer freedom to the disabled person and caretaker, enabling them to carry out daily tasks with convenience. Besides, providing mental health and social benefits, a wheelchair improves the physical health by aiding in the reduction of general problems comprising deformities progression, pressure sores, and better metabolism and respiration.

As per the Global Health and Aging report published by the WHO (World Health Organization), the number of people aged 65 years or older is estimated to increase from a projected 524 million in 2010 to approximately 1.5 billion by 2050, with significant percentage of increase in developing economies. Additionally, the number of people aged 65 years or older is anticipated to considerably surpass children younger than 5 years of age by 2050. Aging leads to the deterioration of facet joints resulting in several spinal disorders. Thus, the increasing prevalence of diseases in the growing geriatric population is likely to propel the growth of the market in the forecast period. Furthermore, the increasing use of medical insurance by the geriatric population and the middle-age population has ensured that they receive medical help at a reduced cost. Thus, insurance companies assist in covering mobility devices by reimbursing and making them much more affordable for consumers. The support from various government, private, and international insurance organizations are expected to boost the market demand globally.

The key players in the nonwoven fabrics market include:

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,

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The report aims to offer overall analysis of the global Wheelchair market with essential information about the key companies including their market position, new product launches, revenue contribution, expansion strategies, and overall company profiling. It gives a brief about merger and acquisition, collaborations, license agreements and partnerships. It also provides Porter’s Five Force analysis and SWOT analysis of each company.

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Key questions answered in the Global Wheelchair market Report:

•            What was the global Wheelchair market size in 2020?

•            What is market size is the global Wheelchair market expected to reach during the forecast period?

•            What are the key restraints that are expected to impact the global Wheelchair market growth?

•            What are the key factors that are expected to drive global market revenue growth?

•            Which key companies are operating in the global Wheelchair market?

•            What are the key outcomes of 5 force analysis of the global Wheelchair market?

•            Based on application, which segment is expected to account for largest market share during the forecast period?

•            What challenges is the global Wheelchair market expected to face over the forecast period?

•            What are the outcomes of the analytical methods of data assessment employed in the Wheelchair market report?

The report further offers detailed overview of the regional analysis and segments of the global Nonwoven Fabrics market along with revenue share and growth for each region and segment.

 North America

·                U.S.

·                Canada

·                Mexico

Europe

·                Germany

·                U.K.

·                Italy

·                France

·                BENELUX

·                Rest of Europe

Asia Pacific

·                China

·                India

·                Japan

·                South Korea

·                Rest of APAC

Latin America

·                Brazil

·                Rest of LATAM

Middle East & Africa

·                Saudi Arabia

·                U.A.E.

·                South Africa

·                Rest of MEA

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

To know more about the report: https://www.reportsanddata.com/report-detail/wheelchair-market

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Table of content:

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

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