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Pulished Date September, 2021
ID: 12150
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North America Wheelchair Market Research Report – Segmented By Product, Category, Application & Country (United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast | 2021 to 2026

Pulished: September, 2021
ID: 12150
Pages: 100

North America Wheelchair Market Size (2021 to 2026)

The North America Wheelchair Market was worth USD 1,512.04 million in 2021 and is estimated to be growing at a CAGR of 6.32%, to reach USD 2,053.81 million by 2026.

A wheelchair is an assisted device to improve the quality of life by supporting personal mobility-related issues in people who have disabilities in walking, like individuals with spinal cord injuries, muscular dystrophy, arthritis, old age, etc.

The need for medical equipment such as wheelchairs is predicted to rise as vaccines become available in 2021. The steady increase in the number of senior patients, as well as government attempts to keep up with the demand for high-quality patient care, are projected to boost the expansion of the North America wheelchair market. Rapidly evolving technological improvements in wheelchairs, as well as the development of other products, such as powered wheelchairs, by a number of companies, are expected to boost wheelchair sales in the future years. The government's increased measures to improve the accessibility of modern wheelchairs in low-resource countries are likely to drive market growth.

During the forecast period, the rapid increase in the number of spinal cord injuries among the elderly is expected to fuel market sales at a significant rate. During the forecast period, demand for wheelchairs is likely to rise due to an increase in the prevalence of walking difficulties among all age groups and an increase in the frequency of lower extremity injury. A prominent trend projected to fuel future market sales is the evolution of technological advancements in wheelchair designs. The introduction of battery-powered electric wheelchairs is expected to provide greater assistance to users. Along with design improvements, we're seeing advancements in the ability to store and connect the device to the patient's medical history.

Due to the operational problems connected with wheelchairs and the high cost of powered wheelchairs, the market is likely to grow slowly over the forecast period.

This research report on the North America wheelchair market has been segmented and sub-segmented into the following categories:

By Product:

  • Manual
  • Electric

By Category:

  • Adults
  • Paediatric

By Application:

  • Homecare
  • Hospitals
  • Ambulatory Surgical Centres
  • Rehabilitation Centres

By Country:

  • United States
  • Canada
  • Rest of North America

The North America Wheelchair Market dominated the market in 2020. The region's wheelchair industry is likely to benefit from the existence of a high number of market players. The market is being driven by a growing geriatric population as well as an increase in the number of disorders requiring mobility support, such as spinal cord injuries. Every year, around 17,930 new spinal cord injuries occur in the United States, with automobile accidents being the most common cause of injury. As a result, the United States is an important market for wheelchairs.

Because of their simplicity of use and capacity to go longer distances without becoming exhausted, electric wheelchairs provide the user additional independence. These wheelchairs are perfect for people who don't have much upper-body power. Because of the availability of advanced healthcare facilities in industrialised countries such as the United States, electric wheelchairs are more popular. SEGWAY INC., a firm located in the United States, has developed an egg-shaped pod that allows individuals to sit while cruising around campuses, amusement parks, airports, and even cities. Individuals in wheelchairs can also use this pod, which is designed for transit at a high speed of 24 miles per hour. Because of technical improvements, increased disability cases, and government programmes for assistive devices, the Canadian industry is likely to rise. The market is also fuelled by the rise in obesity in the United States. Obesity among persons over 60 years old is quickly increasing in the United States, according to the Bureau's Population Bulletin.

KEY MARKET PLAYERS:

Invacare Corporation, Carex Health Brands, Ottobock, Sunrise Medical Limited, Drive Medical Design & Manufacturing, Pride Mobility Products Corp., and GF Health Products, Inc. are a few of the prominent companies operating in the North America wheelchair market.

1. Introduction                                  

            1.1 Market Definition           

            1.2 Scope of the report                    

            1.3 Study Assumptions                     

            1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                            

            2.1 Analysis Design               

            2.2 Research Phases             

                        2.2.1 Secondary Research    

                        2.2.2 Primary Research         

                        2.2.3 Data Modelling

                        2.2.4 Expert Validation         

            2.3 Study Timeline                

3. Report Overview                           

            3.1 Executive Summary                    

            3.2 Key Inferences                

4. Market Dynamics                          

            4.1 Impact Analysis               

                        4.1.1 Drivers 

                        4.1.2 Restraints         

                        4.1.3 Opportunities  

            4.2 Regulatory Environment             

            4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                                 

            5.1 Key Player Benchmarking           

                        5.1.1 Market share analysis  

                        5.1.2 Products/Service         

                        5.1.3 Regional Presence       

            5.2 Mergers & Acquisition Landscape                      

            5.3 Joint Ventures & Collaborations             

6. Market Segmentation                               

            6.1 North America wheelchair market, By product               

            6.2 Manual                

            6.3 Electric                

                        6.3.1 Market Size Estimations & Forecasts (2021-2026)     

                        6.3.2 Y-o-Y Growth Rate Analysis     

                        6.3.3 Market Attractiveness Index   

            6.4 North America wheelchair market, By Application                     

            6.5    Homecare                     

            6.6   Hospitals           

            6.7 Ambulatory Surgical Centres                  

            6.8 Rehabilitation Centres                

                        6.8.1 Market Size Estimations & Forecasts (2021-2026)     

                        6.8.2 Y-o-Y Growth Rate Analysis     

                        6.8.3 Market Attractiveness Index   

            6.9 By category                     

            6.10 Adults                

            6.11  Paediatric

                        6.11.1 Market Size Estimations & Forecasts (2021-2026)   

                        6.11.2 Y-o-Y Growth Rate Analysis   

                        6.11.3 Market Attractiveness Index 

7. Geographical Landscape                           

            7.1 North America - Market Analysis (2021 - 2026)              

                        7.1.1 By Country       

                                    7.1.1.1 USA

                                    7.1.1.2 Canada

                        7.1.2 By product       

                        7.1.3 By Application  

                        7.1.4 By category      

8. Key Player Analysis                       

            8.1 Invacare Corporation                  

                        8.1.1 Business Description   

                        8.1.2 Products/Service         

                        8.1.3 Financials         

                        8.1.4 SWOT Analysis 

                        8.1.5 Recent Developments 

                        8.1.6 Analyst Overview         

            8.2  Carex Health Brands                  

            8.3 Ottobock             

            8.4 Sunrise Medical Limited             

            8.5 Drive Medical Design & Manufacturing             

            8.6 Pride Mobility Products Corp                 

            8.7 GF Health Products, Inc.             

9. Market Outlook & Investment Opportunities                              

10.Appendix                          

            List of Tables             

            List of Figures             

  • Regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and also identify the areas that are still untapped. 

  • The segment-level analysis in terms of product, category, application, and country along with market size forecasts and estimations to detect key areas of industry growth in detail.

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.

  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, essential financial information, legal issues, SWOT analysis, and analyst overview to study and sustain the market environment.

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies, and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions.

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations with a strong financial foothold in the market.

  1. North America Wheelchair Market, By Product, From 2021 to 2026 (USD Billion)

  2. North America Manual Market, By Region, From 2021 to 2026 (USD Billion)

  3. North America Electric Market, By Region, From 2021 to 2026 (USD Billion)

  4. North America Wheelchair Market, By Category, From 2021 to 2026 (USD Billion)

  5. North America Adults Market, By Region, From 2021 to 2026 (USD Billion)

  6. North America Pediatric Market, By Region, From 2021 to 2026 (USD Billion)

  7. North America Wheelchair Market, By Application, From 2021 to 2026 (USD Billion)

  8. North America Homecare Market, By Region, From 2021 to 2026 (USD Billion)

  9. North America   Hospitals Market, By Region, From 2021 to 2026 (USD Billion)

  10. North America Ambulatory Surgical Centers Market, By Region, From 2021 to 2026 (USD Billion)

  11. North America Rehabilitation Centers Market, By Region, From 2021 to 2026 (USD Billion)

  12. United States Wheelchair Market, By Product, From 2021 to 2026 (USD Billion)

  13. United States Wheelchair Market, By Category, From 2021 to 2026 (USD Billion)

  14. United States Wheelchair Market, By Application, From 2021 to 2026 (USD Billion)

  15. Canada Wheelchair Market, By Product, From 2021 to 2026 (USD Billion)

  16. Canada Wheelchair Market, By Category, From 2021 to 2026 (USD Billion)

  17. Canada Wheelchair Market, By Application, From 2021 to 2026 (USD Billion) Europe Wheelchair Market, By Product, From 2021 to 2026 (USD Billion)

 

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