Wheelchairs Market by Top Key Players, AliMed, Sunrise Medical, Seating Matters, Stryker, DeVilbiss Healthcare by 2026

(MENAFN- The Express Wire) Wheelchairs Market by Top Key Players, AliMed, Sunrise Medical, Seating Matters, Stryker, DeVilbiss Healthcare by 2026

Posted on Nov 27 2020 6:19 AM

"Wheelchairs Market report offers insights into the latest trends. It highlights leading companies in the market and discusses the strategies that these companies have adopted in recent years. Additionally, the report encompasses several factors that have contributed to the growth of the market in recent years"

The global power assist wheelchair market is set to gain impetus from the increasing geriatric population. As per a report by the National Institutes of Health, in 2016, around 617 million people worldwide were aged between 65 years and above. However, it is expected to jump up to 1.6 billion by 2050. Additionally, these types of wheelchairs are used by the disabled populaces and those with lower muscle strength on account of grave injuries or chronic illnesses. Nowadays, they are equipped with several unique features, such as adjustable seats with soft pads, unlike manual wheelchairs. It would increase sales and affect the market positively.

Leading Players operating in the Wheelchairs Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

• Invacare Corporation
• AliMed
• Sunrise Medical
• Seating Matters
• Stryker
• DeVilbiss Healthcare

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Fortune Business Insights™  provided the above information in an upcoming report, titled, ' Power Assist Wheelchair Market Size, Share & Industry Analysis, By Type (Indoor Power Wheelchair, Outdoor Power Wheelchair, All Terrain Wheelchair), By Propulsion (Front-wheel Drive, Rear-wheel Drive, Others), By Patient Type (Adults, Pediatrics), By End User (Hospitals & Clinics, Homecare Settings, Others) and Regional Forecast, 2019-2026 . The report further mentions that the expensive nature of this type of wheelchair may obstruct the growth of the market in the coming years.

The report covers:

• Global Wheelchairs Market trends, with detailed analysis on consumer trends & manufacturer trends.
• Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
• Key areas of investments identifying market opportunities and challenges in forecast timeframe.
• Competitive analysis of the industry players along with the overview on strategic management.
• Comprehensive company profiles of the major industry players.

A Variety of Wheelchairs Introduced to Meet User Needs

Wheelchairs are majorly electrical or manual operated devices, designed for people with mobility concerns that may restrain the movement of the lower body. This can happen due to diseases, injuries, sickness, or disability. Wheelchairs are available in various types and designs to meet the need of the users. Wheelchairs nowadays include meticulous seating adjustments and advanced features comprising of individualized controls. The introduction of novel features intended at ensuring improved comfort and ease of use will drive the market over the forecast period.

The wheelchairs market is segmented into self-propelled wheelchairs, attendant-propelled wheelchairs, and powered wheelchairs on the basis of type. Among the type mentioned above, mostly used wheelchairs are powered wheelchairs or power chairs. These wheelchairs require batteries or electric engines to function and are generally used while driving

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North America Is Predicted to Dominate The Global Market

The global wheelchair is segmented into North America, Europe, Asia-pacific, Latin America and the Middle East & Africa. Among these regions, North America is expected to dominate the global wheelchairs market during the forecast period. The rise in geriatric patients and growing technical advancements in wheelchairs along with rising partnerships among key players are some of the factors contributing to the growth of wheelchairs market in region. In Asia Pacific, wheelchairs market is predicted grow at a considerable rate during the forecast period owing to the rising incidence of paralysis, escalation in the number of surgeries being performed along with increasing investments by government organizations with an aim to expand healthcare sector.

Detailed Table of Content:

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Segmentation

By Type

• Self-propelled Wheelchairs
• Folding Frame
• Rigid Frame
• Attendant-Propelled Wheelchairs
• Powered / Motorized Wheelchair
• Others

By End User

• Hospitals & Nursing Homes
• Home care Settings
• Assisted Living Facilities
• Clinics
• Others

By Geography

• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Reasons to Purchase this Report:

• Comprehensive analysis of the Wheelchairs Market growth drivers, obstacles, opportunities, and other related challenges.
• Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
• Identifies market restraints and boosters.
• Identifies all the possible segments present in the market to aid organizations in strategic business planning.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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