Global Wheelchairs Market to Reach 8.09 Billion by 2026

Posted by saurabh on May 18th, 2022

The global wheelchairs market is set to gain impetus from the rising prevalence of physical disabilities amongst adults and children. According to the World Report on Disability (WRD), published in 2011 by the World Bank and World Health Organization (WHO), around 15% of the world’s population lives with some form of disability and approximately 110-190 million people possess difficulties in functioning. Fortune Business Insights™ recently published a report, titled, “Wheelchairs Market Size, Share & Industry Analysis, By Type (Manual & Powered), By Application (Standard Wheelchair, Bariatric Wheelchair, Sports Wheelchair, and Others) End-user (Personal User and Institutional User) and Regional Forecast, 2019-2026.” In the report, the company mentions that the wheelchairs market size is projected to reach USD 8.09 billion by 2026, thereby exhibiting a CAGR of 7.0% during the forecast period. However, the market stood at USD 4.73 billion in 2018.

Geographical Analysis:

• North America (The U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and the Rest of Latin America)
• The Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)

What Does This Report Contain?

• Outline of the current wheelchairs market trends and future scenarios to determine the overall potential for achieving robust foothold in the market.
• Extensive information about the growth drivers, restraints, opportunities, and challenges.
• Regional analysis to help our clients in understanding the key investment areas.

To get to know more about the short-term and long-term impact of COVID-19 on this market,

Please Visit: https://www.fortunebusinessinsights.com/industry-reports/wheelchairs-market-100523