Pediatric Wheelchairs Market to register a growth of USD 767.19 Mn at a CAGR of 6.26%|Enhanced post-treatment services to boost market growth | Technavio – QNT Press Release


NEW YORK, May 2, 2022 /PRNewswire/ — The Pediatric Wheelchairs Market share is estimated to grow by USD 767.19 million from 2021 to 2026. Factors such as enhanced post-treatment services and automation of manually operated products are significantly driving the Pediatric Wheelchairs Market.

Our research report on “Pediatric Wheelchairs Market by Product and Geography – Forecast and Analysis 2022-2026” has extensively covered factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market share during the forecast period.

Pediatric Wheelchairs Market report key highlights

  • Estimated year-on-year growth rate: 5.44%
  • Key market segments: Product (manual wheelchairs and powered wheelchairs) and geography (North America, Europe, Asiaand Rest of World (ROW))
  • Key Consumer Region & contribution: North America at 40%

Pediatric Wheelchairs Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.26%

Market growth 2022-2026

$767.19 million

Market structure

Fragmented

YoY growth (%)

5.44

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 40%

Key consumer countries

US, Germany, France, China, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Advin Health Care, Akces MED Sp. z oo, Comfort Orthopedic Co. Ltd., Electric Mobility Euro Ltd., Eurovema Mobility AB, Guangdong Shunde Jieyang Hardware Products Co. Ltd., HD Rehab AB, Heartway Medical Products Co. Ltd. , HOGGI GmbH, Invacare Corp., Karma Medical Products Co. Ltd., Karman Healthcare Inc., Medline Industries Inc., MEYRA GmbH, Momentum Healthcare Ltd., Ottobock SE and Co. KGaA, Permobil AB, RUPIANI sarl, SORG Rollstuhltechnik GmbH Co .KG, and Sunrise Medical LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Pediatric Wheelchairs Market Trend

  • Automation of manually operated products

One of the important factors driving the growth of the pediatric wheelchair market is the automation of manually operated goods. Patient mobility products have become more automated in recent years, thanks to technological advancements, and may now be controlled and operated with minimal human effort. Several research projects have been launched in order to develop smart, powered wheelchairs that can be controlled by smartphone apps or Bluetooth devices.

People in the United States and Canadafor example, are adopting powered wheelchairs and smart wheelchairs as a result of their high disposable income and healthcare spending. During the projected period, the market expansion would be fueled by rising adoption rates of smart wheelchairs.

Pediatric Wheelchairs Market Challenge

  • The presence of substitute products

One of the reasons impeding the growth of the pediatric wheelchairs market is the availability of substitute products. Children’s walkers, for example, are available with advanced features such as paddles, adjustable forearm support, and braking systems. Wheelchairs, notably pediatric wheelchairs, do, However, there are a number of drawbacks in terms of maintenance and repair, size and weight, and maneuverability.

Maintaining and repairing motorized wheelchairs can be far more expensive than maintaining and repairing manual wheelchairs and other medical mobility devices. As a result, the availability of substitute products is projected to stifle market growth over the projection period.

Get the latest Sample Report for extensive insights on key market Drivers, Trends, and Challenges influencing the Pediatric Wheelchairs Market.

Key Market Vendors Insights

The Pediatric Wheelchairs Market is fragmented, and the vendors are deploying various organic and inorganic strategies to compete in the market.

Some of the key market vendors are:

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