Global Wheelchair Market Size research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Wheelchair Market report.
The global wheelchair market size stood at USD 4.73 billion in 2018 and is projected to reach USD 8.09 billion by 2026, exhibiting a CAGR of 7.0% during the forecast period.
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Important Features that are under Offering and Key Highlights of the Market Report:
- Detailed overview of the global market share
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Wheelchair Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
Drivers & Restraints
One of the major drivers for the global market is the rapidly growing aged population. The older generations are likely to suffer from mobility disorders with the growing age, which is anticipated to increase the demand for wheelchairs, further propelling the wheelchair market growth during the forecast period. According to a report published by the United Nations, currently, around 250 million populations worldwide are experiencing moderate to severe mobility. Along with this, the rapid increase in the number of spinal cord injuries among the older population is anticipated to fuel the market sales at a significant rate during the forecast period. The rise in the prevalence of walking disabilities among every age group and rising incidence of lower extremity injury are expected to increase the demand for wheelchairs during the forecast period.
Key players covered in the global Wheelchair Market research report:
- Invacare Corporation
- Carex Health Brands
- Sunrise Medical Limited
- Drive Medical Design & Manufacturing
- Pride Mobility Products Corp.
- GF HEALTH PRODUCTS, INC.
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An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Major Table of Contents for Wheelchair Market Research Report:
- Executive Summary
- Market Dynamics
- Key Market Growth Insights
- Global Market Analysis, Insights and Forecast, 2017-2028
- North America Market Analysis, Insights and Forecast, 2017-2028
- Europe Market Analysis, Insights and Forecast, 2017-2028
- Asia Pacific Market Analysis, Insights and Forecast, 2017-2028
- The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028
- Latin America Market Analysis, Insights and Forecast, 2017-2028
- Competitive Landscape
- Global Wheelchair Market Revenue Growth, Industry Share Analysis, By Key Players, 2021
- Company Profiles
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