Market Overview:
The global travel wheelchairs market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing awareness about disability benefits. In addition, the increasing demand for lightweight and portable wheelchairs is also contributing to the growth of this market. Based on type, the global travel wheelchairs market can be segmented into power type and manual type. The power type segment is expected to grow at a higher CAGR than the manual type segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as technological advancements in wheelchair design and increased preference for powered wheelchairs among people with disabilities. Based on application, the global travel wheelchairs market can be divided into travel, household, hospital, and other applications.
Product Definition:
A travel wheelchair is a lightweight, foldable wheelchair that is easy to transport. It can be taken on an airplane, train, or bus. Travel wheelchairs are often used by people who have difficulty walking long distances or who need to use a wheelchair for extended periods of time.
Power Type:
Power type is the classification of manual wheelchairs based on their ability to provide users with propulsion. There are three power types, namely, battery powered (powered by batteries), solar-powered (has solar panels for power) and electric/electronic powered (uses electronic motors or generators). The demand for each of these products is different; however, they serve the purpose of mobility.
Manual Type:
Manual type is the most basic form of wheelchair. It has wheels and a handle for moving the person in it. The main advantage of this wheelchair is that it can be operated by anyone without any training or special license. Also, they are available at very low prices which makes them affordable for people with low income group.
Application Insights:
The travel application segment held the largest share of over 70.0% in 2017. The rising number of tourist arrivals at various airports across the globe has resulted in a growing demand for wheelchairs. According to OAG, Inc., an airport authority for more than 30 million passengers passed through Amsterdam Airport Schiphol in 2018 and this number is expected to reach 38 million by 2030. This significant growth in air travelers will further boost the demand for travel wheelchairs during the forecast period.
Household was estimated as the second-largest application segment and is expected to grow at a CAGR of XX%, from 2018 to 2030, owing to increasing disposable income among middle-class population coupled with rising housing needs due largely on account of aging population within countries such as India & China.
Regional Analysis:
Europe dominated the global travel wheelchairs market in 2017 owing to increasing demand for power wheelchair and manual wheelchairs. The presence of well-established healthcare infrastructure, high adoption rate of advanced products, and growing demand for quality medical assistance are some factors driving the regional market. Moreover, rising awareness regarding accessible & inclusive tourism is expected to boost product sales in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period due to improving healthcare infrastructure and growing patient pool requiring wheelchair assistance at home as well as abroad. In addition, increasing number of rehabilitation centers across developing countries will drive product demand further. Furthermore, supportive government initiatives encouraging usage of mobility scooters & rollators are also expected fuel regional growth over the next eight years (2030).
Growth Factors:
- Increasing elderly population: The global elderly population is expected to grow at a CAGR of 3.5% from 2016 to 2020, owing to the increase in life expectancy and declining fertility rates. This will result in an increase in the demand for travel wheelchairs, as they are more suited for older people who have difficulty walking long distances.
- Rise in number of disabled people: The number of people with disabilities is increasing every year due to factors such as aging populations, accidents, and diseases such as cancer and diabetes. This will lead to an increase in the demand for travel wheelchairs, which can help these individuals move around more easily.
- Technological advancements: Travel wheelchair manufacturers are constantly innovating their products with new features that make them easier and more comfortable to use. For instance, some wheelchairs now come with built-in seat belts that keep users secure while travelling on bumpy roads or stairs. Such technological advancements will spur growth in the travel wheelchair market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Wheelchairs Market Research Report
By Type
Power Type, Manual Type
By Application
Travel, Household, Hospital, Other
By Companies
Karman, NISSIN, Sunrise Medical, ZhongJin, Quickie, MATSUNAGA, VERMEIREN, Otto Bock, Karman Healthcare, Drive Medical, Medline, Invacare, NOVA Medical Products, Carbon Black
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Travel Wheelchairs Market Report Segments:
The global Travel Wheelchairs market is segmented on the basis of:
Types
Power Type, Manual Type
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
Travel, Household, Hospital, 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:
- Karman
- NISSIN
- Sunrise Medical
- ZhongJin
- Quickie
- MATSUNAGA
- VERMEIREN
- Otto Bock
- Karman Healthcare
- Drive Medical
- Medline
- Invacare
- NOVA Medical Products
- Carbon Black
Highlights of The Travel Wheelchairs 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:
- Power Type
- Manual Type
- By Application:
- Travel
- Household
- Hospital
- 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 Travel Wheelchairs 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
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- Product & Brand Management
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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?
A travel wheelchair is a specially designed chair that can be easily transported from one place to another. This type of chair is typically smaller and lighter than traditional chairs, making it easier to transport. Travel wheelchairs are also often equipped with features such as armrests and cup holders, which make them ideal for use in airports or other busy areas.
Some of the key players operating in the travel wheelchairs market are Karman, NISSIN, Sunrise Medical, ZhongJin, Quickie, MATSUNAGA, VERMEIREN, Otto Bock, Karman Healthcare, Drive Medical, Medline, Invacare, NOVA Medical Products, Carbon Black.
The travel wheelchairs market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Travel Wheelchairs 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 Travel Wheelchairs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Travel Wheelchairs 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 Travel Wheelchairs 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 Travel Wheelchairs Market Size & Forecast, 2020-2028
4.5.1 Travel Wheelchairs Market Size and Y-o-Y Growth
4.5.2 Travel Wheelchairs 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 Power Type
5.2.2 Manual Type
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 Travel
6.2.2 Household
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Travel Wheelchairs 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 Travel Wheelchairs 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 Power Type
9.6.2 Manual Type
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 Travel
9.10.2 Household
9.10.3 Hospital
9.10.4 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 Power Type
10.6.2 Manual Type
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 Travel
10.10.2 Household
10.10.3 Hospital
10.10.4 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 Power Type
11.6.2 Manual Type
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 Travel
11.10.2 Household
11.10.3 Hospital
11.10.4 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 Power Type
12.6.2 Manual Type
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 Travel
12.10.2 Household
12.10.3 Hospital
12.10.4 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 Power Type
13.6.2 Manual Type
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 Travel
13.10.2 Household
13.10.3 Hospital
13.10.4 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 Travel Wheelchairs Market: Competitive Dashboard
14.2 Global Travel Wheelchairs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Karman
14.3.2 NISSIN
14.3.3 Sunrise Medical
14.3.4 ZhongJin
14.3.5 Quickie
14.3.6 MATSUNAGA
14.3.7 VERMEIREN
14.3.8 Otto Bock
14.3.9 Karman Healthcare
14.3.10 Drive Medical
14.3.11 Medline
14.3.12 Invacare
14.3.13 NOVA Medical Products
14.3.14 Carbon Black
