Lucintel’s latest market report analyzed that wheelchair provides attractive opportunities in homecare and health institutions. The wheelchair market is expected to reach $8.3 billion by 2027 with a CAGR of 6.2%. In this market, power wheelchair is the largest segment by product type, whereas basic wheelchair is largest by design & function. Increase adoption of power assistance device and development of hybrid concept wheelchair provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/wheelchair-market.aspx Based on product type, the wheelchair market is segmented into manual and power wheelchair. The power wheelchair segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand for multi-functionality wheelchair, such as tilt in, reclining, and standing wheelchair.
Browse in-depth TOC on “Wheelchair Market”
52 – Tables
73 – Figures
202 – Pages
The Wheelchair Market is marked by the presence of several big and small players. Some of the prominent players offering wheelchair include Invacare, Pride Mobility Products, Sunrise Medical, Ottobock, Permobil, Drive Medical, LEVO, 21st Century Scientific.
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