Market Overview:
The global shoulder wheels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for shoulder wheels from gyms, clinics, and hospitals across the globe. Additionally, the growing awareness about the benefits of using shoulder wheels is also contributing to the growth of this market. The global shoulder wheels market can be segmented on the basis of type into wall-mounted type and free-standing type. The wall-mounted type segment is expected to account for a larger share of this market than the free-standing type segment duringthe forecast period from 2018to 2030. This can be attributed to its low cost and easy installation compared with free-standing types.
Product Definition:
Shoulder Wheels are a type of wheel that is used to help move large objects. They are placed on the shoulder of the person moving the object, and they help to distribute the weight of the object more evenly. This makes it easier for them to move it around.
Wall-mounted Type:
The wall-mounted type is a wheeled device that is fixed to the wall. It consists of two main parts, namely the bracket and the wheel itself. The bracket holds onto any surface such as a door, refrigerator or dresser while the other end connects to an exercise bicycle or an office desk by means of a screw, nail hole or peg.
Free-standing Type:
Free-standing type is a kind of cast iron or steel frame, which is used to support the weight of the vehicles.
1) The first one has an independent front axle and rear axles. This free-standing type was mainly used for light trucks and minivans until recently when it started being used also by cars.
Application Insights:
Based on application, the global shoulder wheels market has been segmented into a gym, clinic, hospital and others. The other applications include fitness centers and rehabilitation clinics. The gym held the largest share of over 50% in 2017 owing to rising number of fitness centers across the globe. Moreover, increasing participation in sports activities is also boosting demand for shoulder mobility devices at gyms worldwide.
The hospital application segment is expected to witness significant growth with a CAGR of XX% from 2018 to 2030 due to an increase in medical emergencies resulting in increased use of mobility devices such as scooters and wheelchairs at hospitals worldwide. Furthermore, an increase in healthcare spending by governments as well as individuals will boost product demand globally over the forecast period.
The others segment includes commercial facilities such as shopping malls and business complexes that house multiple facilities including health clubs.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare sector and increasing awareness about physical fitness. Moreover, rising demand for rehabilitation after surgery or injury is anticipated to drive the regional market further. In addition, growing use of these wheels for home gyms is expected to propel growth over the forecast period. Europe accounted for a significant share in terms of revenue due to high prevalence of osteoarthritis among geriatric population and rising demand from other application segments such as commercial gymnasiums and health clubs.
Asia Pacific is expected to witness lucrative growth over the forecast period owing with rapid urbanization resulting into increased construction activities particularly in developing countries such as China, India, Indonesia, Malaysia Philippines Russia South Korea Thailand Vietnam etc.
Growth Factors:
- Increasing geriatric population: The global shoulder wheels market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing geriatric population. As people age, they are more likely to experience joint pain and other health problems that can be treated with shoulder wheels.
- Rising awareness about the benefits of shoulder wheels: There is a growing awareness among consumers about the benefits of using shoulder wheels for treating various health conditions such as joint pain, arthritis, and others. This is expected to drive the growth of the global shoulder wheels market in the coming years.
- Growing demand from emerging markets: The demand for shoulder wheels is growing rapidly in emerging markets such as India and China due to rising income levels and changing lifestyles in these regions. This is anticipated to boost the growth ofthe global shoulder Wheels market in future years..
Scope Of The Report
Report Attributes
Report Details
Report Title
Shoulder Wheels Market Research Report
By Type
Wall-mounted Type, Free-standing Type
By Application
Gym, Clinic, Hospital, Others
By Companies
Artimex Sport, Clinton Industries, JMS - Mobiliario Hospitalar, OG Wellness Technologies, Bailey Manufacturing
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Shoulder Wheels Market Report Segments:
The global Shoulder Wheels market is segmented on the basis of:
Types
Wall-mounted Type, Free-standing 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
Gym, Clinic, Hospital, Others
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:
- Artimex Sport
- Clinton Industries
- JMS - Mobiliario Hospitalar
- OG Wellness Technologies
- Bailey Manufacturing
Highlights of The Shoulder Wheels 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:
- Wall-mounted Type
- Free-standing Type
- By Application:
- Gym
- Clinic
- Hospital
- Others
- 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 Shoulder Wheels 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
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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?
Shoulder wheels are a type of vehicle wheel that is typically used on buses and trucks. They are designed to provide stability when the vehicle is in motion, and they also help to reduce the amount of noise that is made by the bus or truck.
Some of the key players operating in the shoulder wheels market are Artimex Sport, Clinton Industries, JMS - Mobiliario Hospitalar, OG Wellness Technologies, Bailey Manufacturing.
The shoulder wheels market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shoulder Wheels Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Shoulder Wheels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shoulder Wheels Market - Supply Chain
4.5. Global Shoulder Wheels Market Forecast
4.5.1. Shoulder Wheels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shoulder Wheels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shoulder Wheels Market Absolute $ Opportunity
5. Global Shoulder Wheels Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Shoulder Wheels Market Size and Volume Forecast by Type
5.3.1. Wall-mounted Type
5.3.2. Free-standing Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shoulder Wheels Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Shoulder Wheels Market Size and Volume Forecast by Application
6.3.1. Gym
6.3.2. Clinic
6.3.3. Hospital
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shoulder Wheels Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Shoulder Wheels Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Shoulder Wheels Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Shoulder Wheels Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Shoulder Wheels Demand Share Forecast, 2019-2026
9. North America Shoulder Wheels Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Shoulder Wheels Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Shoulder Wheels Market Size and Volume Forecast by Application
9.4.1. Gym
9.4.2. Clinic
9.4.3. Hospital
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shoulder Wheels Market Size and Volume Forecast by Type
9.7.1. Wall-mounted Type
9.7.2. Free-standing Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Shoulder Wheels Demand Share Forecast, 2019-2026
10. Latin America Shoulder Wheels Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Shoulder Wheels Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Shoulder Wheels Market Size and Volume Forecast by Application
10.4.1. Gym
10.4.2. Clinic
10.4.3. Hospital
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shoulder Wheels Market Size and Volume Forecast by Type
10.7.1. Wall-mounted Type
10.7.2. Free-standing Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Shoulder Wheels Demand Share Forecast, 2019-2026
11. Europe Shoulder Wheels Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Shoulder Wheels Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Shoulder Wheels Market Size and Volume Forecast by Application
11.4.1. Gym
11.4.2. Clinic
11.4.3. Hospital
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shoulder Wheels Market Size and Volume Forecast by Type
11.7.1. Wall-mounted Type
11.7.2. Free-standing Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Shoulder Wheels Demand Share, 2019-2026
12. Asia Pacific Shoulder Wheels Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Shoulder Wheels Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Shoulder Wheels Market Size and Volume Forecast by Application
12.4.1. Gym
12.4.2. Clinic
12.4.3. Hospital
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shoulder Wheels Market Size and Volume Forecast by Type
12.7.1. Wall-mounted Type
12.7.2. Free-standing Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Shoulder Wheels Demand Share, 2019-2026
13. Middle East & Africa Shoulder Wheels Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Shoulder Wheels Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Shoulder Wheels Market Size and Volume Forecast by Application
13.4.1. Gym
13.4.2. Clinic
13.4.3. Hospital
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shoulder Wheels Market Size and Volume Forecast by Type
13.7.1. Wall-mounted Type
13.7.2. Free-standing Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Shoulder Wheels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shoulder Wheels Market: Market Share Analysis
14.2. Shoulder Wheels Distributors and Customers
14.3. Shoulder Wheels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Artimex Sport
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Clinton Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. JMS - Mobiliario Hospitalar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OG Wellness Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bailey Manufacturing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
