iCrowdNewswire Jan 28, 2021 5:00 AM ET
The research report on the Global Wheelchair Market presents a comprehensive assessment of the market, including future trends, current factors driving the growth of the market, and validated market data. The report is updated with the current economic scenario and business landscape owing to the COVID-19 pandemic. The subsequent economic slowdown and social restrictions have impacted the key segments of the markets. The report provides an extensive analysis of the impact of COVID-19 on the current market scenario and key insights into the future outlook of the market growth.
The global wheelchair market is expected to reach USD 3.89 Billion by 2027, according to a new report by Reports and Data. The wheelchair is an assisted walking device to improve the quality of life by supporting personal mobility-related issues in people who have troubles in walking, such as individuals with spinal cord injuries leading to muscular dystrophy, among others. Wheelchairs offer freedom to the disabled person and caretaker, enabling them to carry out daily tasks with convenience. Besides, providing mental health and social benefits, a wheelchair improves the physical health by aiding in the reduction of general problems comprising deformities progression, pressure sores, and better metabolism and respiration.
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To gain a deeper understanding of the Wheelchair market, the report further provides an exhaustive analysis of the competitive landscape, including profiling of the competitors, revenue, % revenue market share, and technological and product advancements. The report also explores the new entrants, strategic alliances and collaborations, mergers, acquisitions, partnerships, agreements, and deals of the established companies. The report also sheds light on the government policies and their amendments related to the Wheelchair market.
Key Manufacturers of the Wheelchair Market Studied in the Report are:
Drive Medical Design & Manufacturing, Carex Health Brands Inc., Medline, Invacare, Karman Healthcare, Pride Mobility Products Corporation, Quantum Rehab, Sunrise Medical LLC, Graham-Field Health Products Inc., and Numotion, among others.
Furthermore, the report focuses on the segmentation of the global Wheelchair market based on types and applications.
Wheelchair Market Segmentation based on Product Types:
Wheelchair Market Segmentation based on Applications:
Regional Analysis of the Wheelchair Market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Wheelchair market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Wheelchair market size
2.2 Latest Wheelchair market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global Wheelchair market key players
3.2 Global Wheelchair size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Wheelchair market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
The report analyses entry barriers for new entrants of the market and provides strategic recommendations to help enable the decision making process for efficient business decisions. The report aims to provide beneficial information to the new entrants as well as major players to assist them in gaining a robust footing in the market.
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The report also covers a thorough SWOT analysis and Porter’s Five Forces analysis to provide a better understanding of the growth curve of the key competitors of the market. It also covers feasibility analysis and investment return analysis to ascertain the stakeholders and investors gain maximum returns on their investments. In conclusion, the global Wheelchair report is a qualitative and quantitative research document that offers vital insights into the Wheelchair market that help businesses and investors gain a competitive edge over the other competitors.
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