Wheelchair And Components Market

Category: Others/ Misc

Presentation Description

As per revised analysis by Persistence Market Research due to the ongoing COVID-19 pandemic, the global wheelchair and components market is estimated to be valued at US$ 11 Bn in 2020, with the market expected to exhibit a CAGR of almost 4% over the forecast period (2020-2030).


Presentation Transcript

Wheelchair And Components Market:

Wheelchair And Components Market Report Id : PMRREP12961 Category : Life Science & Healthcare ©2020 Persistence Market Research, All Rights Reserved

About Persistence Market Research:

About Persistence Market Research For detailed subscription information please contact Website: www.persistencemarketresearch.com For sales queries or new topics email us on: sales@persistencemarketresearch.com Subscription Information Research Capabilities Customized Research Syndicated Research Investment Research Social Media Research Sector Coverage Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Social Media Research Investment Research Customized Research Syndicated Research Persistence Market Research(Persistence Market Research) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. Persistence Market Research is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. 2

What Would Be The Consistency Quotient Of The Wheelchair And Components Market Between Forecast Years? :

Recent developments in research areas such as computer science, robotics, artificial intelligence, and sensor technology are broadening the range of possible applications that support disabled people. Powered wheelchairs extend the capabilities of standard power wheelchairs by introducing control and navigational intelligence. Different techniques have been proposed for permitting impaired people, including a quadriplegics, to control mechanized wheelchairs, which include eye development, hand motion, cerebrum-based controlled frameworks, EEG-based frameworks, and so on. Manufacturers are continuously working toward introducing technologically-advanced wheelchairs into the market. Country level Covid-19 outbreaks in big economies impacted the sales of wheelchairs and components negatively owing to lockdowns and reduced healthcare center visits. Lockdowns also led to slowing down of manufacturing activities, creating a gap in demand and supply. However, the market is expected to get back to its normal growth trajectory in 2021. 3 Get Sample Copy of Report @  https://www.persistencemarketresearch.com/samples/12961 What Would Be The Consistency Quotient Of The Wheelchair And Components Market Between Forecast Years?

Key Takeaways from Market Study:

Key Takeaways from Market Study 4 Access Full Report @  https://www.persistencemarketresearch.com/checkout/12961 In terms of product, wheelchairs dominated the market, holding a share of over 50%. However, wheelchair components will experience higher growth during the forecast period at a CAGR of over 4 %. By modality, lightweight wheelchairs hold a prominent share, due to these being easier and convenient to use . While the U.S. continues to dominate the market, emerging countries such as China and India will experience significant growth, due to increasing patient pool in these countries . The market in the U.S. and Germany is projected to progress at a steady CAGR of close to 4% through 2030 . The U.K. and India will exhibit a CAGR of more than 4%, while China will witness higher growth at close to 5 %. The year 2020 saw the market growing slower at less than 3%, but 2021 will offer more opportunities to manufacturers . “Increasing prevalence of spinal cord injuries and related disabilities, along with increased government support and funding for wheelchairs, is expected to drive market growth over the coming years,”   says a Persistence Market Research analyst.



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