The Global Wheelchair Market accounted for US$ 2.4 billion in 2020 and is estimated to be US$ 4.9 billion by 2030 and is anticipated to register a CAGR of 7.50%. Wheelchairs are used by the permanent or temporary disabled people for mobility purpose. The evolution of wheelchair with advancing technology has brought new products into the market. There are two major types of wheelchairs are manual wheelchairs and electric wheelchair. Manual wheelchairs are more cost effective over the electric wheelchairs as it requires less maintenance. Further, there are different types of wheelchairs coming into the market such as recliner wheelchairs, active wheelchairs (sports wheelchairs), transport wheelchairs, and standing wheelchairs.
The report “Global Wheelchair Market, By Product Type (Manual Wheelchairs, and Electronic Wheelchairs), By Weight (Light Weight Wheelchairs, and Heavy Weight Wheelchairs), By Modality (Pediatric Powered Wheelchairs, and Adults Powered Wheelchairs), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers, and Home Care Settings), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Trends, Analysis and Forecast till 2030”
• In 2019, Target launched a line of Halloween costumes for kids with disabilities, and it has recently expanded its inclusive collection of adaptive products. The popular retailer just launched a range of kid and adult backpacks that are especially designed to fit on the back of wheelchairs. “Committed to accessibility, diversity, and inclusion,” Target is one of the very few big retailers to stock the much-needed item.
• In 2021, Invacare Corporation (NYSE: IVC) announced the launch of the Invacare AVIVA STORM RX™ power wheelchair, setting a new standard for rear-wheel drive power mobility.
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Key players operating in the global wheelchair mark