Blog Information
- Posted By : dean ambrose
- Posted On : Jun 27, 2023
- Views : 76
- Category : Technology
- Description : The global manual wheelchair market size reached US$ 3.75 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.16 Billion by 2028, exhibiting a growth rate (CAGR) of 5.22% during 2023-2028.
Overview
IMARC Group, a leading market research company, has recently releases report titled “Manual Wheelchair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global manual wheelchair market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the manual wheelchair market?
Report Attributes
Details
Market Size in 2022
US$ 3.75 Billion
Market Forecast in 2028
US$ 5.16 Billion
Growth rate (2023 to 2028)
CAGR of 5.22%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What is manual wheelchair?
A manual wheelchair serves as a mobility assistance device designed to provide independent movement for individuals with limited mobility. It consists of essential components such as a seat, two large rear wheels, two small front wheels, a footrest, a backrest, and handles for pushing or pulling. By gripping the handles, users can propel themselves forward or backward. Manual wheelchairs come in different types, including standard, lightweight, and ultra-lightweight models, allowing customization to meet individual needs. They offer several advantages compared to motorized wheelchairs, such as affordability and lower maintenance requirements. Additionally, manual wheelchairs are lightweight and portable, making them easy to transport and store. As a result, they are widely used by individuals with mobility impairments to enhance their mobility and independence.
Request for a free sample copy of this report: https://www.imarcgroup.com/manual-wheelchair-market/requestsample
What are the growth prospects and trends in the manual wheelchair?
The manual wheelchair market is primarily driven by the increasing global population of older individuals who experience restricted mobility. Additionally, the growing prevalence of conditions such as spinal cord injuries, multiple sclerosis, and cerebral palsy contributes to market growth. The introduction of advanced product variations, including lightweight and ultra-lightweight manual wheelchairs that offer improved maneuverability and easy transportation, further fuels market expansion.
Furthermore, the launch of government initiatives aimed at enhancing wheelchair accessibility in low-resource countries, along with major market players focusing on providing customized solutions to consumers to strengthen their market presence and gain a competitive edge, positively impact the global market. Additionally, rising disposable incomes, increasing healthcare expenditure, and the development of healthcare infrastructure in developing countries are expected to stimulate the manual wheelchair market in the years to come.
What is included in market segmentation?
The report has segmented the market into the following categories:
Design & Function Insights:
- Basic Wheelchair
- Sports Wheelchair
- Bariatric Wheelchair
- Standing Wheelchair
Category Insights:
- Adult Wheelchair
- Pediatric Wheelchair
End User Insights:
- Homecare
- Institution
- Others
Breakup by Geography:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Aspen Healthcare
- Etac AB
- GF Health Products Inc.
- Invacare Corporation
- Karma Medical Products Co. Ltd.
- Medline Industries LP
- Merits Health Products Co. Ltd.
- Meyra Group GmbH
- Nissin Medical Industries Co. Ltd.
- Ottobock SE & Co. KGaA
- Sunrise Medical Inc.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=7438&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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