Global Water Purifiers Market Trends, Analysis, And Forecast To 2025 Water Purifiers Market research report provides the newest industry data and ...
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Wheelchairs Market - Size, Share, Growth, Outlook, and Opportunity Analysis, 2018-2026 Wheelchairs are primarily designed for disable individuals for the ease of indoor and outdoor locomotion purpose. Various types of wheelchairs are available in the market, such as recliner wheelchairs, active wheelchairs (sports wheelchairs), transport wheelchairs, and standing wheelchairs. Two major types of wheelchairs are manual wheelchairs and electric wheelchair. Manual wheelchair is cost effective than electric wheelchairs as it requires less maintenance. The recent past has witnessed a rising trend of consumers opting for highly customized wheelchairs, which in turn creates a highly conducive environment for growth of the global wheelchairs market. Major players in the market are inclined towards inorganic growth strategies in order to enhance their product portfolio. For example, Permobil AB acquired five companies during 2013-2017 in order to significantly strengthen its global footprint.
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Market Dynamics The wheelchair market growth is expected to gain traction in the near future, as a result of rise in geriatric population and lower limb amputation cases due to various impairment such as diabetes and vascular diseases at constant rate. According to Centers of Disease Control and Prevention 2014 report (CDC), in the U.S., around 30.0 million people were diagnosed with diabetes and around 8.0 million people are living with undiagnosed diabetes. Additionally, according to European Journal Aerzteblatt-international.de 2017 report, there were around 100,000 lower limb amputation caused by trauma, intoxication, musculoskeletal disease, diseases of the skin, and subcutaneous tissue or neoplasia that leads to the disability, which in turn is also expected to favor the wheelchair market in the near future.
Rise in aging population is expected to favor the growth of wheelchair market North America accounts for the largest share in the global wheelchair market, followed by Europe and Asia Pacifc. Mostly wheelchairs are used by elder people who are near to the age of 60’s
and above. As per Population Reference Bureau 2016 report, in the U.S. around 46 million people of age 60 and above are estimated to use wheel chair, the number is expected to reach around 98 million by 2060 supporting the share of North America for the wheelchairs market. Asia Pacifc region is expected to show growth in wheel chair market, owing to increasing population in economies like China and India. Major investments in healthcare fuels the growth of wheelchairs market in this region. The wheelchairs market is expected to show high growth rate in AsiaPacifc region over the forecast period as Asia consist of 60% of the world’s current population. According to National Institute on Aging in 2010, 524 million people were estimated to be of age 65 or older, which is 8% of the world's population. The number is expected to be nearly triple to 1.5 billion, representing 16% of the world's population by 2050. The above mentioned statistics is expected favor the growth of Wheelchairs market globally.
Increase in disability is expected to fuel the Wheelchairs market in near future According to Center for Disease Control and Prevention (CDC), which is the leading national public health institute of the United States, 18.2 million adults in the U.S. have disability in walking in present year 2017 which expected to favor the growth of wheelchair market in the U.S. Additionally, CDC had estimated that, 54.4 million U.S. adults are annually diagnosed with some form of arthritis, which increases the risk of fall and injury, in turn fueling the growth of wheelchairs market. Spinal injury resulting into disability also favors the market for wheelchairs. According to National Spinal Cord Injury Statistical Center report 2016, in the U.S. around 314 million people sufer from spinal cord injury, leading to disability with increasing the demand for wheelchairs.
Report includes chapters which deeply display the following deliverable about industry : • Wheelchairs Market Research Objective and Assumption • Wheelchairs Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Wheelchairs Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Wheelchairs Market, By Regions • Wheelchairs Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Wheelchairs Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Wheelchairs Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Wheelchairs Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Key players operating the Wheelchair market includes Invacare Corporation, Sunrise Medical LLC, Ottobock Healthcare, 21 st Century Scientific, Inc., Permobil AB, Pride Mobility Products Corporation, LEVO AG, GF Health Products, Inc., MEYRA GmbH, Hoveround Corporation, Aquila Corporation, Aspen Seating, Drive Medical, Eagle Sportschairs LLC., EASE Seating System, and Medical Depot Incorporation.
Inquire Here Before Purchase: https://www.coherentmarketinsights.com/insight/talk-to-analyst/457 Detailed Segmentation • Global Wheelchairs Market, By Product Type • Manual Wheelchairs • Active Wheelchairs • Transport Wheelchairs • Others • Electronic Wheelchairs • Center Wheel Drive Electric Wheelchairs • Front Wheel Drive Electric Wheelchairs • Standing Electric Wheelchairs • Rear Wheel Drive Electric Wheelchairs • Global Wheelchairs Market, By Weight: • Light Weight Wheelchairs • Heavy Weight Wheelchairs • Global Wheelchairs Market, By Modality: • Pediatric Powered Wheelchairs • Adults Powered Wheelchairs • Global Wheelchairs Market, By End-User: • Hospitals • Clinics • Ambulatory Surgical Centers
• Home Care Settings • Others • Global Wheelchairs Market, By Geography: • North America
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