The wheelchair market in North America is expected to grow from US$ 1,275.1 million in 2021 to US$ 1,973.2 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.
People suffering from disorders such as spinal cord injury, paralysis, and arthritis require wheelchair for mobility.Thus, increasing prevalence of these diseases is propelling the demand for wheelchairs.
As per the WHO, every year, 250,000–500,000 people in the world suffer spinal cord injuries (SCIs).As per the 2020 SCI Data Sheet from the National SCI Statistical Center (NSCISC), ~17,810 new spinal cord injuries occur each year in the US; vehicle crashes, falls, violence, and sports activities are among the most common causes of spinal cord injuries in the country.
As per an annual statement of the NHS Specialized Spinal Cord Injury Services for 2017–2018, ~2429 new patients were referred to eight specialist centers in England, which led to 864 new admissions. As per the Christopher & Dana Reeve Foundation, in 2013, ~1.7% of the US population, i.e., ~5,357,970 (~5.4 million) people were living with some form of paralysis, which is a disorder caused by problems in central nervous systems, resulting in difficulty or inability to move the upper or lower extremities. According to the Centers for Disease Control and Prevention (CDC), ~24 million adults have limited their activities due to arthritis, and more than 1 in 4 adults with arthritis report severe joint pain. Thus, increasing prevalence of disorders requiring mobility assistance is creating high demand for wheelchairs.
The North America wheelchair market is segmented on the bases of product, type, application, end user, usage, and distribution channel.Based on product, the market is segmented into manual wheelchair, powered/electric wheelchair, and smart wheelchair.
In 2020, the manual wheelchair segment accounted for the largest market share.The market growth for this segment is attributed to the increasing prevalence of chronic conditions and rising demand for manual wheelchairs in emerging countries.
Moreover, the prevalence of knee pain has witnessed the massive growth of around 40.0% during past 4 decades. However, the powered/electric wheelchair segment is projected to register the highest CAGR during the forecast period.
As the COVID-19 pandemic continues to unfold, medical device companies are finding difficulties in managing their operations.Many companies offering wheelchair have their business operations in the US.
Their business are adversely affected by the effects of the COVID-19 outbreak.The crisis has temporarily closed company’s facilities as well as disrupted and restricted company’s ability to distribute products.
However, with the availability of COVID-19 vaccines in 2021, the demand for medical equipment, such as wheelchair, is expected to increase in future. The consistent rise in the number of geriatric patients and surge in the government efforts for delivering a good care for patients would drive the growth of the wheelchair market in North America during the forecast period.
The overall North America wheelchair market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast for the North America wheelchair market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain analytical insights into the topic.
The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the North America wheelchair market. Invacare Corporation; Medline Industries, Inc.; OTTOBOCK; MEYRA GMBH; KARMAN HEALTHCARE, INC; Sunrise Medical; HOVEROUND CORPORATION; LEVO AG; and Permobil are a few players operating in the market.
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144 pages •
By Infiniti Research Limited
• Jun 2017
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