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Expected to Grow at a CAGR of 5.8% from 2018 to 2025 , Claims AMR

Expected to Grow at a CAGR of 5.8% from 2018 to 2025 , Claims AMR

Posted on November 26, 2024 By NewsEditor

Manual Wheelchair Market – The pediatric wheelchair segment accounted for around 37% market share, growing at a CAGR of 6.3% from 2018 to 2025.

The global manual wheelchair market was valued at $2,609.7 million in 2017 and is projected to reach $4,099.1 million by 2025, registering a CAGR of 5.8% from 2018 to 2025.”

— Allied Market Research

WILMINGTON, DE, UNITED STATES, November 25, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled,” Manual Wheelchair Market by Category, Design & Function, and End User: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global manual wheelchair market was valued at $2,609.7 million in 2017 and is projected to reach $4,099.1 million by 2025, registering a CAGR of 5.8% from 2018 to 2025.

Manual wheelchairs are specifically designed for use by individuals with mobility, lower extremity, and spinal cord disabilities. Specific needs regarding style, weight, comfort, and performance are taken into consideration while designing these chairs. These chairs help individuals to prevent pressure ulcers and shoulder injuries as well as help maintain a good posture. Various features and accessories are added to the chair to cater to the requirements of the end user. These include fixed or detachable arms, fixed or adjustable height, and full length or desk length arm.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 :- https://www.alliedmarketresearch.com/request-sample/5169

Other factors such as rise in spinal cord injuries, rise in incidence of disabilities, and accidents coupled with growth in government expenditure on healthcare are expected to open new avenues for the manual wheelchair market players in the future. However, inclination of consumer toward electric and automated wheelchairs hinder the growth of the manual wheelchair market. Emerging trends that have a direct impact on the dynamics of the wheelchair industry, include improved wheelchair efficiency to provide more comfort and convenience, increase in adoption of power assistance device, and rise in adoption of hybrid concept in wheelchair. In addition, greater strength and durability of material along with less moving parts have considerably reduced the maintenance cost that leads to increased adoption of adult wheel chair. Thus, recent advancements in material and engineering design of manual wheelchair are expected to drive the growth of the wheelchair market during the forecast period.

Key Findings of the Manual Wheelchair Market:

Based on category, the adult wheelchair segment accounted for around 63% in the manual wheelchair market share in 2017, growing at a CAGR of 6.1% from 2018 to 2025.

The pediatric wheelchair segment accounted for around 37% market share, growing at a CAGR of 6.3% from 2018 to 2025.

Based on design & function, the basic wheelchair segment accounted for 48% of the market share in 2017 and is expected to growth at the highest CAGR of 6.4%.

Based on end user, the homecare wheelchair segment occupied around 21% of the market share and is expected to grow at the highest CAGR of 6.4%.

Based on region, North America accounted for a prominent market share in 2017 and is anticipated to grow at a CAGR of 5.3% throughout the forecast period.

North America and Europe, together accounted for about 63.4% of the total global manual wheelchair market in 2018, with the former constituting around 33.4%. From a growth perspective, Asia-Pacific and LAMEA are the two potential markets, expected to witness growth during the forecast period. At present, these two segments account for 36.6% of the manual wheelchair market share.

𝐅𝐨𝐫 𝐚𝐧𝐲 𝐐𝐮𝐞𝐫𝐢𝐞𝐬 𝐋𝐢𝐧𝐤𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐀𝐬𝐤 𝐚𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/5169

Some of the key players analyzed in the manual wheelchair industry are

Etac AB

Gf Health Products, Inc.

Invacare Corporation

Karma Medical Products Co., Ltd.

Medical Depot, Inc. (Drive DeVilbiss Healthcare)

Medline Industries, Inc.

Meyra Group

NOVA Medical Products

Panthera AB

Sunrise Medical (US) LLC

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 :-

𝐌𝐢𝐜𝐫𝐨𝐰𝐚𝐯𝐞 𝐎𝐯𝐞𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/microwave-oven-market

𝐀𝐫𝐦𝐞𝐧𝐢𝐚 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐆𝐨𝐨𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/armenia-consumer-goods-market

David Correa
Allied Market Research
+ +1 800-792-5285
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Expected to Grow at a CAGR of 5.8% from 2018 to 2025 , Claims AMR

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November 25, 2024, 08:38 GMT


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Article originally published on www.einpresswire.com as Expected to Grow at a CAGR of 5.8% from 2018 to 2025 , Claims AMR

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