Global Wheelchairs Market Overview:
A wheelchair is considered the most widely used and the single most important product of permanent or temporary equipment for the chronically disabled person. It supports the person's body segments, serves as a device in which and from which they performs activities, and functions as a substitute form of ambulation. The device comes in wide range allowing either manual propulsion by the seated occupant turning the rear wheels by hand, or electric propulsion by motors. Moreover, the wheelchair becomes an extension of the person and assumes significance comparable to basic subsistence needs
- Growing worldwide elderly population
- Increasing demand for advanced wheelchairs from the sports industry
- Rising necessity of automated wheelchair for disabled people
- Emergence of technologically advanced products in market
- Lack of awareness and infrastructure such as broken pathways, non-availability of ramps in buses and trains
- Untapped opportunities in developing and under developed economies worldwide
- Inaccessibility to quality healthcare in developing economies
Some of the key players profiled in the report are Invacare Corporation (U.S), Sunrise Medical LLC (U.S), 21st Century Scientific, Inc. (U.S), Permobil AB (Sweden), Pride Mobility Products Corporation (U.S), LEVO AG (Switzerland), GF Health Products, Inc. (U.S), MEYRA GmbH (Germany) and Hoveround Corporation (U.S). Additionally, following companies can also be profiled that are part of our coverage like Aquila Corporation (U.S), Aspen Seating (U.S), Drive Medical (U.S) and Eagle Sportschairs LLC. (U.S). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Wheelchairs market by 2024. Considering Market by Category, the sub-segment i.e. Adult wheelchair will boost the Wheelchairs market. Considering Market by Design and Function, the sub-segment i.e. Basic Wheelchair will boost the Wheelchairs market.
On 27 Dec 2017, Permobil announces acquisition of Max Mobility. With this acquisition, Permobil further expands its wheelchair offerings by providing a motorized power assist solution to its users and bridging the gap between power and manual wheelchairs
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wheelchairs market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wheelchairs market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of wheelchair, Suppliers of wheelchair parts, Wholesalers, distributers and retailers of wheelchair, Healthcare industry, End User and Sport Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.