Abstract
Summary
Global Wheelchair Market—Forecast till 2027
Market Snapshot
The wheelchair market is expected to record a healthy market growth at a healthy CAGR of 6.48% during the review period of 2020 to 2027. A wheelchair, fitted with wheels, is utilized to ship people who can't stroll because of sicknesses, diseases, or inabilities. Wheelchairs are essentially utilized by the in an unexpected way abled and geriatric populace around the world.
The global wheelchair market is expected to register a healthy market growth during the review period having the highest value of USD 3,720.47 million in 2019. Electric wheelchairs are utilized by old and handicapped individuals, as they face challenges working a manual wheelchair adequately. Manual wheelchairs are lightweight and require less support contrasted with electric wheelchairs. However, the high cost, larger size, high maintenance, and repair are expected to restrain the global market during the review period. Moreover, the rising geriatric population and increasing Paralympic games are set to fuel the growth of the global market during the review period.
Segment Overview
The global wheelchair market has been divided based on product, category, and end-use.
By Product type, the global market has been classified into Electric wheelchairs, Manual wheelchairs, and Accessories. Based on Manual Wheelchair the global market is classified into Standard Manual Wheelchairs, Light and Ultra Lightweight Wheelchairs, Bariatric Wheelchairs, and Sport Wheelchairs
By Electric Wheelchair the market has been further classified into Rear-Wheel-Drive Chair, Center Wheel Drive Chair, and Front-Wheel Drive Chair. In terms of accessories, the global wheelchair market has been segmented into wheelchair ramps, batteries and chargers, wheelchair trays, armrest accessories, postural support accessories, and others.
Based on category Category the global wheelchair market has been divided into Adults and Pediatric.
The End User segment classifies the global market into Home Care Settings and hospitals.
Regional Analysis
The global wheelchair market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa.
The Americas is expected to drive the biggest share of the global wheelchair market during the forecast period owing to the advanced healthcare sector and existing major players in the region.
Europe is expected to register the second largest market for wheelchairs owing to the rising support from the government, the large pool of old-age population, and increasing healthcare expenditure.
Middle East & Africa:
The wheelchair market in Middle East & Africa is expected to register steady growth during the review period due to developing healthcare infrastructure and continuously increasing demand for products.
Key Companies Covered
The major players in the global wheelchair market are Invacare Corporation (US), Ottobock (Germany), Drive Medical (US), and Pride Mobility Products Corp. (US), Invacare Corporation (US), Ottobock (Germany), Drive Medical (US), Pride Mobility Products Corp. (US), Quantum Rehab (US), GF Health Products, Inc. (US), Karman Healthcare, Inc. (US), Levo AG (Switzerland), Sunrise Medical (Germany), and Medline Industries, Inc. (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
1 EXECUTIVE SUMMARY 18
1.1 OVERVIEW 18
1.2 MARKET ATTRACTIVENESS ANALYSIS 19
1.2.1 GLOBAL WHEELCHAIR MARKET, BY PRODUCT 19
- 1.2.1.1 GLOBAL WHEELCHAIR MARKET, BY ELECTRIC WHEELCHAIR 20
- 1.2.1.2 GLOBAL WHEELCHAIR MARKET, BY MANUAL WHEELCHAIR 21
- 1.2.1.3 GLOBAL WHEELCHAIR MARKET, BY ACCESSORIES 22
- 1.2.1.3.1 GLOBAL WHEELCHAIR MARKET, BY POSTURAL SUPPORT ACCESSORIES 23
1.2.2 GLOBAL WHEELCHAIR MARKET, BY CATEGORY 24
1.2.3 GLOBAL WHEELCHAIR MARKET, BY END USE 25
1.2.4 GLOBAL WHEELCHAIR MARKET, BY REGION 26
2 MARKET INTRODUCTION 27
2.1 SCOPE OF THE STUDY 27
2.2 RESEARCH OBJECTIVE 27
2.3 MARKET STRUCTURE 28
3 RESEARCH METHODOLOGY 29
3.1 RESEARCH PROCESS 29
3.2 PRIMARY RESEARCH 30
3.3 SECONDARY RESEARCH 31
3.4 MARKET SIZE ESTIMATION 32
3.5 FORECAST MODEL 33
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 34
4 MARKET DYNAMICS 35
4.1 INTRODUCTION 35
4.2 DRIVERS 36
4.2.1 INCREASING GERIATRIC POPULATION 36
4.2.2 INCREASING POPULARITY OF PARALYMPIC GAMES 36
4.2.3 DRIVERS IMPACT ANALYSIS 36
4.3 RESTRAINT 37
4.3.1 EASE OF USE AND HIGH COST 37
4.3.2 RESTRAINT IMPACT ANALYSIS 37
4.4 OPPORTUNITIES 37
4.4.1 PRODUCT LAUNCHES 37
4.4.2 MERGERS & ACQUISITIONS 37
4.4.3 EXPANSION IN EMERGING MARKETS 38
5 MARKET FACTOR ANALYSIS 39
5.1 VALUE CHAIN 39
5.1.1 R&D AND DESIGNING 39
5.1.2 MANUFACTURING 39
5.1.3 DISTRIBUTION AND SALES 40
5.1.4 POST-SALES REVIEW 40
5.2 PORTER’S FIVE FORCES MODEL 41
5.2.1 THREAT OF NEW ENTRANTS 42
5.2.2 BARGAINING POWER OF SUPPLIERS 42
5.2.3 BARGAINING POWER OF BUYERS 42
5.2.4 THREAT OF SUBSTITUTES 42
5.2.5 INTENSITY OF RIVALRY 42
5.3 IMPACT OF COVID-19 ON THE GLOBAL WHEELCHAIR MARKET 43
5.3.1 IMPACT ON THE GROWTH OF THE MARKET 43
5.3.2 IMPACT ON MAJOR MANUFACTURERS 43
5.3.3 IMPACT OF DECLINED SURGERIES ON HOSPITALS 43
5.3.4 IMPACT ON SUPPLY CHAIN 43
5.3.5 IMPACT ON DEMAND 43
6 GLOBAL WHEELCHAIR MARKET, BY PRODUCT 44
6.1 INTRODUCTION 44
6.2 ELECTRIC WHEELCHAIR 45
6.2.1 REAR WHEEL DRIVE CHAIR 46
6.2.2 CENTER WHEEL DRIVE CHAIR 47
6.2.3 FRONT WHEEL DRIVE CHAIR 47
6.3 MANUAL WHEELCHAIR 47
6.3.1 STANDARD MANUAL WHEELCHAIRS 48
6.3.2 LIGHT AND ULTRA LIGHTWEIGHT WHEELCHAIRS 49
6.3.3 BARIATRIC WHEELCHAIRS 49
6.3.4 SPORTS WHEELCHAIRS 49
6.4 ACCESSORIES 50
6.4.1 WHEELCHAIR RAMPS 51
6.4.2 POSTURAL SUPPORT ACCESSORIES 51
- 6.4.2.1 WHEELCHAIR BELTS & HARNESSES ACCESSORIES 52
- 6.4.2.2 FOOT AND LATERAL BODY SUPPORT ACCESSORIES 53
6.4.3 ARMREST ACCESSORIES 53
6.4.4 WHEELCHAIR TRAYS 53
6.4.5 BATTERIES & CHARGERS 54
7 GLOBAL WHEELCHAIR MARKET BY CATEGORY 55
7.1 OVERVIEW 55
7.2 ADULTS 56
7.3 PEDIATRIC 56
8 GLOBAL WHEELCHAIR MARKET, BY END USE 57
8.1 OVERVIEW 57
8.2 HOME CARE SETTINGS 58
8.3 HOSPITALS AND CLINICS 58
8.4 OTHERS 58
9 GLOBAL WHEELCHAIR MARKET, BY REGION 59
9.1 INTRODUCTION 59
9.2 AMERICAS 60
9.2.1 NORTH AMERICA 63
- 9.2.1.1 US 65
- 9.2.1.2 CANADA 67
9.2.2 LATIN AMERICA 69
9.3 EUROPE 72
9.3.1 WESTERN EUROPE 75
- 9.3.1.1 GERMANY 78
- 9.3.1.2 FRANCE 80
- 9.3.1.3 UK 82
- 9.3.1.4 ITALY 84
- 9.3.1.5 SPAIN 86
- 9.3.1.6 REST OF WESTERN EUROPE 88
9.3.2 EASTERN EUROPE 91
9.4 ASIA-PACIFIC 94
9.4.1 CHINA 96
9.4.2 INDIA 98
9.4.3 JAPAN 100
9.4.4 AUSTRALIA 102
9.4.5 SOUTH KOREA 104
9.4.6 REST OF ASIA-PACIFIC 106
9.5 MIDDLE EAST & AFRICA 109
9.5.1 MIDDLE EAST 112
9.5.2 AFRICA 114
10 COMPETITIVE LANDSCAPE 116
10.1 COMPETITIVEOVERVIEW 116
10.2 COMPETITOR DASHBOARD 116
10.3 MARKET RANKING ANALYSIS 117
10.4 MAJOR GROWTH STRATEGIES IN THE GLOBAL WHEELCHAIR MARKET 117
10.5 COMPETITIVE BENCHMARKING 118
10.6 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL WHEELCHAIR MARKET 119
10.7 KEY DEVELOPMENTS & GROWTH STRATEGIES 119
10.7.1 NEW PRODUCT DEVELOPMENTS/LAUNCHES 119
10.7.2 COLLABORATIONS/ EXPANSIONS/PARTNERSHIPS/JOINT VENTURES 121
10.8 MAJOR PLAYERS FINANCIAL MATRIX & MARKET RATIO 121
10.8.1 SALES & OPERATING INCOME 121
10.8.2 R&D EXPENDITURE 122
11 COMPANY PROFILES 123
11.1 INVACARE CORPORATION 123
11.1.1 COMPANY OVERVIEW 123
11.1.2 FINANCIAL OVERVIEW 123
11.1.3 PRODUCTS/SERVICES OFFERED 124
11.1.4 KEY DEVELOPMENTS 124
11.1.5 SWOT ANALYSIS 125
11.1.6 KEY STRATEGIES 125
11.2 MEDLINE INDUSTRIES, INC 126
11.2.1 COMPANY OVERVIEW 126
11.2.2 FINANCIAL OVERVIEW 126
11.2.3 PRODUCTS/SERVICES OFFERED 126
11.2.4 KEY DEVELOPMENTS 126
11.2.5 SWOT ANALYSIS 127
11.2.6 KEY STRATEGIES 127
11.3 SUNRISE MEDICAL 128
11.3.1 COMPANY OVERVIEW 128
11.3.2 FINANCIAL OVERVIEW 128
11.3.3 PRODUCTS/SERVICES OFFERED 128
11.3.4 KEY DEVELOPMENTS 129
11.3.5 SWOT ANALYSIS 130
11.3.6 KEY STRATEGIES 130
11.4 QUANTUM REHAB 131
11.4.1 COMPANY OVERVIEW 131
11.4.2 FINANCIAL OVERVIEW 131
11.4.3 PRODUCTS/SERVICES OFFERED 131
11.4.4 KEY DEVELOPMENTS 132
11.4.5 SWOT ANALYSIS 133
11.4.6 KEY STRATEGIES 133
11.5 DRIVE MEDICAL 134
11.5.1 COMPANY OVERVIEW 134
11.5.2 FINANCIAL OVERVIEW 134
11.5.3 PRODUCTS/SERVICES OFFERED 134
11.5.4 KEY DEVELOPMENTS 135
11.5.5 SWOT ANALYSIS 135
11.5.6 KEY STRATEGIES 135
11.6 PRIDE MOBILITY PRODUCTS CORP 136
11.6.1 COMPANY OVERVIEW 136
11.6.2 FINANCIAL OVERVIEW 136
11.6.3 PRODUCTS/SERVICES OFFERED 136
11.6.4 KEY DEVELOPMENTS 137
11.6.5 SWOT ANALYSIS 138
11.6.6 KEY STRATEGIES 138
11.7 KARMAN HEALTHCARE, INC 139
11.7.1 COMPANY OVERVIEW 139
11.7.2 FINANCIAL OVERVIEW 139
11.7.3 PRODUCTS/SERVICES OFFERED 139
11.7.4 KEY DEVELOPMENTS 140
11.7.5 SWOT ANALYSIS 141
11.7.6 KEY STRATEGIES 141
11.8 GF HEALTH PRODUCTS, INC 142
11.8.1 COMPANY OVERVIEW 142
11.8.2 FINANCIAL OVERVIEW 142
11.8.3 PRODUCTS/SERVICES OFFERED 142
11.8.4 KEY DEVELOPMENTS 143
11.8.5 SWOT ANALYSIS 144
11.8.6 KEY STRATEGIES 144
11.9 OTTOBOCK 145
11.9.1 COMPANY OVERVIEW 145
11.9.2 FINANCIAL OVERVIEW 145
11.9.3 PRODUCTS/SERVICES OFFERED 145
11.9.4 KEY DEVELOPMENTS 146
11.9.5 SWOT ANALYSIS 146
11.9.6 KEY STRATEGIES 147
11.10 LEVO AG 148
11.10.1 COMPANY OVERVIEW 148
11.10.2 FINANCIAL OVERVIEW 148
11.10.3 PRODUCTS/SERVICES OFFERED 148
11.10.4 KEY DEVELOPMENTS 148
11.10.5 SWOT ANALYSIS 149
11.10.6 KEY STRATEGIES 149
12 APPENDIX 150
12.1 REFERENCES 150