Latest 2023 Development of the India Wheelchair Market

India Wheelchair Market is growing at a steady pace in recent years. The major factors driving the growth of this market are the growing geriatric population, the increasing prevalence of disabilities, and government initiatives to improve accessibility. Some of the latest developments in the India wheelchair market are the increase in demand for electric wheelchairs as there has been significant increase in the demand for electric wheelchairs in India among the elderly and those with disabilities or impairments. Apart from this, the government is taking initiatives to improve accessibility for disabled individuals. For instance, the introduction of the Accessible India Campaign and the Sugamya Bharat Abhiyan created barrier-free environments and provide accessible transportation.

Moreover, the market is highly competitive, with several domestic and international manufacturers operating in the space and investing in R&D to develop innovative products to satisfy the evolving needs of consumers. Furthermore, the development of innovative and technologically advanced wheelchairs is expected to fuel the growth of the wheelchair market in India. In addition, the healthcare industry is expanding and the demand for mobility aids like wheelchairs is expected to increase in the future years. 

India wheelchair Market Synopsis

India wheelchair market report thoroughly covers the market by product type, applications, end-users, category, and region including North, South, East, and West. The India wheelchair market outlook report provides an unbiased and detailed analysis of the ongoing India wheelchair market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Wheelchair Market is anticipated to gain traction in the forthcoming years on the back of the rising number of disorders such as spinal cord injuries and arthritis where the use of a wheelchair is highly recommendable simultaneously propelling the product demand in the market. Additionally, India is attributed as the top country with the number of road accident cases at a global level, which indicates a massive disability rate among the population where wheelchairs are proven efficient, which is further estimated to boost the growth of the wheelchair market in the country in the coming time zone. 

India Wheelchair Market is likely to experience significant growth in the global market, owing to its large geriatric population base. The India wheelchair market is driven by a growing need for a safe and easy way to move and transfer patients, both in hospitals and homecare setups. Additionally, improvement in healthcare facilities coupled with the rise in the ageing population, increasing geriatric population, need for an automated wheelchair for disabled people, and growth in several patients with physical deformities are the growth drivers in this market. Also, an increase in cases of road accidents is further expected to boost the demand. Moreover, poor infrastructure, lack of awareness, and the high cost of electric wheelchairs are restraining the growth of the wheelchair market.

According to 6Wresearch, India Wheelchair Market is anticipated to register growth during 2020-2026. Significantly, several organizations and students are working on technology-driven products that can empower the especially abled. This is expected to be a growth proliferator for the product market in the coming time zone and assist the market stakeholders to align their strategies and forms to seek new growth opportunities in the product market in the coming time zone.

India Wheelchair market is anticipated to register sound revenues in the upcoming six years on the back of the rising geriatric population in the country. Additionally, the country secures a high rate of road accidents that cause massive disability which requires mobility assistance equipment whereby wheelchair proved to be efficient. On the other side, the rising wide applicability of the product in hospitals due to an increase in the number of disorders like the spinal cord, all these aspects are estimated to bolster the growth of the wheelchair market in the coming timeframe.

Market Analysis By Type

On the basis of type, the manual segment is expected to acquire the largest share in the overall India Wheelchair Market Growth owing to the ease of usage. The growing demand for wheelchairs in order to transfer patients and disabled people from various sectors such as healthcare and non-healthcare. The low cost of the manual segment is also one of the key factors proliferating the development of the market. 

COVID-19 Impact on India Wheelchair Market

The outburst of the coronavirus pandemic led to a decline in the India Wheelchair Market Growth. The shutting down of manufacturing and business units led to disruption in the supply chain of the wheelchairs. The declining growth of economies disrupted the distribution channel. 

Key players in the market

Some of the key players in the India Wheelchair Market are:

• Stryker India Private Limited (Stryker Corporation)
• Forza Medi (India) Pvt. Ltd.
• Invacare Corporation
• Solar Surgicals India Ltd.
• Hill-Rom India Private Limited
• Karma Health Care Limited
• GPC Medical Ltd.
• OttoBock Healthcare India Private Limited (OttoBock Healthcare GmbH)
• Pride Mobility Products Corp.
• Ostrich Mobility Instruments Private Limited
• Vissco Rehabilitation Aids Pvt. Ltd.

Key Highlights of the Report:

• India Wheelchair Market Outlook
• Market Size of India Wheelchair Market, 2019
• Forecast of India Wheelchair Market, 2026
• Historical Data and Forecast of India Wheelchair Revenues & Volume for the Period 2016 - 2026
• India Wheelchair Market Trend Evolution
• India Wheelchair Market Drivers and Challenges
• India Wheelchair Price Trends
• India Wheelchair Porter's Five Forces
• India Wheelchair Industry Life Cycle
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Type for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Manual for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Powered for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Standard Wheelchair for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Bariatrich Wheelchair for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Sports Wheelchair for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of India Wheelchair Market Revenues & Volume By End-Users for the Period 2016 - 2026
• India Wheelchair Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By End-Users
• India Wheelchair Top Companies Market Share
• India Wheelchair Competitive Benchmarking By Technical and Operational Parameters
• India Wheelchair Company Profiles
• India Wheelchair Key Strategic Recommendations

Markets Covered

The Market report includes the following segments:

By Type:

• Manual
• Powered

By Application:

• Standard Wheelchair
• Bariatric Wheelchair
• Sports Wheelchair
• Others

By End Users:

• Hospitals
• Rehabilitation Centers
• Home
• Sports and Athletics
• Others

Frequently Asked Questions About the Market Study: FAQs

1). Does the report include the impact of COVID-19?

Yes, the report includes the impact of COVID-19.

2). What is the reason behind the India Wheelchair Market Growth? 

India Wheelchair Market is anticipated to gain traction in the forthcoming years on the back of the rising number of disorders such as spinal cord injuries and arthritis where the use of a wheelchair is highly recommendable simultaneously propelling the product demand in the market.

3). Who are the key players in the market?

Some of the key players in India Wheelchair Market are Stryker India Private Limited (Stryker Corporation), Forza Medi (India) Pvt. Ltd., Invacare Corporation, Solar Surgicals India Ltd., Hill-Rom India Private Limited, Karma Health Care Limited, GPC Medical Ltd., OttoBock Healthcare India Private Limited (OttoBock Healthcare GmbH), Pride Mobility Products Corp, Ostrich Mobility Instruments Private Limited, Vissco Rehabilitation Aids Pvt. Ltd.

4). Which segment based on type is expected to acquire the largest share in overall India Wheelchair Market Growth? 

On the basis of type, the manual segment is expected to acquire the largest share in the overall India Wheelchair Market Growth owing to the ease of usage.