Market Overview:
The global powered wheelchair market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in powered wheelchairs. By type, the colonoscopy segment is expected to account for the largest share of the global powered wheelchair market in 2018. By application, hospitals are expected to account for the largest share of the global powered wheelchair market in 2018.
Product Definition:
Powered wheelchairs are electric wheelchairs which give the user independence to move around. They are powered by a battery and controlled with a joystick. Manual wheelchairs are pushed by the user and do not have any motors.
Colonoscopy:
Colonoscopy is a procedure to examine the innermost parts of the large intestine (colon) using a flexible colonoscope. This device is inserted into the rectum through the anus and guided by video or still images taken from within the body. It allows doctors to view abnormal areas, such as tumors or impacted stool, that may be causing chronic abdominal pain or signs of cancer.
Upper GI Endoscopy:
Upper GI endoscopy is a diagnostic procedure that allows doctors to examine the upper gastrointestinal tract. It includes esophagus, stomach, and duodenal bulb. Upper GI endoscopy devices are used in power wheelchairs and manual wheelchairs for patients who cannot bend or lie flat for examination of the upper gastrointestinal tract due to severe spinal cord injuries or other physical limitations.
Application Insights:
Based on application, the global market has been segmented into hospitals, clinics and other medical facilities. The hospitals segment dominated the overall market in 2017 owing to factors such as increasing geriatric population and prevalence of chronic diseases that require hospitalization. Moreover, growing number of P&G products being introduced in the U.S., Canada & Mexico for diagnostic imaging is expected to drive demand over the forecast period.
The clinics and other medical facilities segment is anticipated to witness a lucrative CAGR of XX% from 2018 to 2030 owing to an increase in endoscopic procedures that require manual wheelchairs along with sufficient number of peered-based competitors driving adoption across various healthcare settings globally. In addition, favorable government initiatives such as reimbursement coverage for EHRs are further expected fuel industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels. The region is expected to maintain its dominance throughout the forecast period due to continuous innovations and increasing demand for cost-effective procedures.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving economic conditions, growing medical tourism and an increase in government initiatives for quality healthcare services delivery. Moreover, a rise in per capita income levels will boost consumer spending on health care products and services thereby supporting regional growth. Increasing investments by manufacturers are also likely drive product demand over next seven years. For instance, Stryker Corporation has established a new facility in India that produces powered wheelchairs at Chennai plant since March 2018 after it received an order from China.- Source: company press release Stryker Corporation announced that it had received an order worth USD X million from SEGWAY INC.
Growth Factors:
- Increasing elderly population: The global elderly population is expected to grow at a CAGR of 6.5% from 2016 to 2020, and this will drive the demand for powewheelchairs and manual wheelchairs.
- Rising incidence of disabilities: The number of people with disabilities is increasing globally, due to factors such as aging population, accidents, and lifestyle diseases. This will lead to an increase in demand for powewheelchairs and manual wheelchairs in the coming years.
- Technological advancements: Powewheelchair manufacturers are constantly innovating their products with new features and technologies, which is attracting more consumers towards these chairs. This trend is likely to continue in the future, driving market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Powed Wheelchairs and Manual Wheelchair Market Research Report
By Type
Colonoscopy, Upper GI Endoscopy, Other
By Application
Hospitals, Clinics, Other
By Companies
Olympus, Fujifilm, HOYA, Karl Storz, Stryker, Richard Wolf, Aohua, Huger, Optim
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Powed Wheelchairs and Manual Wheelchair Market Report Segments:
The global Powed Wheelchairs and Manual Wheelchair market is segmented on the basis of:
Types
Colonoscopy, Upper GI Endoscopy, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olympus
- Fujifilm
- HOYA
- Karl Storz
- Stryker
- Richard Wolf
- Aohua
- Huger
- Optim
Highlights of The Powed Wheelchairs and Manual Wheelchair Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Colonoscopy
- Upper GI Endoscopy
- Other
- By Application:
- Hospitals
- Clinics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Powed Wheelchairs and Manual Wheelchair Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Powdered-salt powered wheelchairs are a type of manual wheelchair that uses a motorized engine to power the chair. Manual wheelchairs are typically made from lightweight materials, such as aluminum or carbon fiber, and have a low center of gravity to make them easier to maneuver.
Some of the key players operating in the powed wheelchairs and manual wheelchair market are Olympus, Fujifilm, HOYA, Karl Storz, Stryker, Richard Wolf, Aohua, Huger, Optim.
The powed wheelchairs and manual wheelchair market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Powed Wheelchairs and Manual Wheelchair Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Powed Wheelchairs and Manual Wheelchair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Powed Wheelchairs and Manual Wheelchair Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Powed Wheelchairs and Manual Wheelchair Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Powed Wheelchairs and Manual Wheelchair Market Size & Forecast, 2020-2028
4.5.1 Powed Wheelchairs and Manual Wheelchair Market Size and Y-o-Y Growth
4.5.2 Powed Wheelchairs and Manual Wheelchair Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Colonoscopy
5.2.2 Upper GI Endoscopy
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Powed Wheelchairs and Manual Wheelchair Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Powed Wheelchairs and Manual Wheelchair Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Colonoscopy
9.6.2 Upper GI Endoscopy
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Colonoscopy
10.6.2 Upper GI Endoscopy
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Colonoscopy
11.6.2 Upper GI Endoscopy
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Colonoscopy
12.6.2 Upper GI Endoscopy
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Colonoscopy
13.6.2 Upper GI Endoscopy
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Powed Wheelchairs and Manual Wheelchair Market: Competitive Dashboard
14.2 Global Powed Wheelchairs and Manual Wheelchair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olympus
14.3.2 Fujifilm
14.3.3 HOYA
14.3.4 Karl Storz
14.3.5 Stryker
14.3.6 Richard Wolf
14.3.7 Aohua
14.3.8 Huger
14.3.9 Optim
