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Global Wheelchairs (Powered and Manual) Market is projected to exhibit a CAGR of 4.47% between 2017 and 2025

Author: QYResearch | Publish date: 2018-06-07 | Views: 125
A wheelchair is a chair with wheels. The device comes in variations allowing either manual propulsion by the seated occupant turning the rear wheels by hand, or electric propulsion by motors. There are often handles behind the seat to allow it to be pushed by another person. Wheelchairs are used by people for whom walking is difficult or impossible due to illness, injury, or disability.

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In the last several years, global market of Wheelchairs (Powered and Manual) developed rapidly, with an average growth rate of 4.36%. In 2016, global revenue of Wheelchairs (Powered and Manual) is nearly 1878 M USD; the actual production is about 6120 K Unit.


The industry is not concentration, the key brand include Invacare Corp, Sunrise Medical, Permobil Corp, Ottobock, Pride Mobility, Hoveround Corp, Medline, Hubang, Drive Medical, N.V. Vermeiren, Nissin Medical, GF Health and so on. Among them, Invacare Corp, Sunrise Medical, Permobil Corp and Ottobock,are the leaders.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


The Global Wheelchairs (Powered and Manual) Market Research Report 2018 report released by QYResearch provides a basic overview of the Wheelchairs (Powered and Manual) industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Wheelchairs (Powered and Manual) industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/118747/global-wheelchairs-market

 


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