Market Forecast By Type (Manual, Powered), By Applications (Standard Wheelchair, Bariatrich Wheelchair, Sports Wheelchair, Others), By End-Users And Competitive Landscape
|Product Code: ETC053524||Publication Date: Mar 2023||Product Type: Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
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 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.
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.
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.
Some of the key players in the India Wheelchair Market are:
The Market report includes the following segments:
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.
|1 Executive Summary|
|2.1 Key Highlights of the Report|
|2.2 Report Description|
|2.3 Market Scope & Segmentation|
|2.4 Research Methodology|
|3 India Wheelchair Market Overview|
|3.1 India Country Macro Economic Indicators|
|3.2 India Wheelchair Market Revenues & Volume, 2019 & 2026F|
|3.3 India Wheelchair Market - Industry Life Cycle|
|3.4 India Wheelchair Market - Porter's Five Forces|
|3.5 India Wheelchair Market Revenues & Volume Share, By Type, 2019 & 2026F|
|3.6 India Wheelchair Market Revenues & Volume Share, By Applications, 2019 & 2026F|
|3.7 India Wheelchair Market Revenues & Volume Share, By End-Users, 2019 & 2026F|
|4 India Wheelchair Market Dynamics|
|4.1 Impact Analysis|
|4.2 Market Drivers|
|4.3 Market Restraints|
|5 India Wheelchair Market Trends|
|6 India Wheelchair Market, By Types|
|6.1 India Wheelchair Market, By Type|
|6.1.1 Overview and Analysis|
|6.1.2 India Wheelchair Market Revenues & Volume, By Type, 2016 - 2026F|
|6.1.3 India Wheelchair Market Revenues & Volume, By Manual, 2016 - 2026F|
|6.1.4 India Wheelchair Market Revenues & Volume, By Powered, 2016 - 2026F|
|6.2 India Wheelchair Market, By Applications|
|6.2.1 Overview and Analysis|
|6.2.2 India Wheelchair Market Revenues & Volume, By Standard Wheelchair, 2016 - 2026F|
|6.2.3 India Wheelchair Market Revenues & Volume, By Bariatrich Wheelchair, 2016 - 2026F|
|6.2.4 India Wheelchair Market Revenues & Volume, By Sports Wheelchair, 2016 - 2026F|
|6.2.5 India Wheelchair Market Revenues & Volume, By Others, 2016 - 2026F|
|6.3 India Wheelchair Market, By End-Users|
|6.3.1 Overview and Analysis|
|7 India Wheelchair Market Import-Export Trade Statistics|
|7.1 India Wheelchair Market Export to Major Countries|
|7.2 India Wheelchair Market Imports from Major Countries|
|8 India Wheelchair Market Key Performance Indicators|
|9 India Wheelchair Market - Opportunity Assessment|
|9.1 India Wheelchair Market Opportunity Assessment, By Type, 2019 & 2026F|
|9.2 India Wheelchair Market Opportunity Assessment, By Applications, 2019 & 2026F|
|9.3 India Wheelchair Market Opportunity Assessment, By End-Users, 2019 & 2026F|
|10 India Wheelchair Market - Competitive Landscape|
|10.1 India Wheelchair Market Revenue Share, By Companies, 2019|
|10.2 India Wheelchair Market Competitive Benchmarking, By Operating and Technical Parameters|
|11 Company Profiles|