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

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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, Asia, and 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 o.o., 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.

Do reach out to our analysts for more customized reports as per needs. Speak to our Analyst now!

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 Canada, for 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, have 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:

  • Advin Health Care
  • Akces MED Sp. z o.o.
  • 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
  • Sunrise Medical LLC

For more detailed highlights on products offerings and the growth strategies adopted by other vendors, Download Sample Report

  • Key Segment Analysis by Product
    • Manual Wheelchair

The manual wheelchairs segment will gain considerable market share in pediatric wheelchairs. The increase in disposable income will result in a rise in healthcare costs. The move-in people's choices from low-end mobility goods like canes, crutches, and walkers to manual pediatric wheelchairs, which are more convenient, will lead to an increase in demand. Vendors will be compelled to extend their product portfolios and market reach as a result of the growing demand, which will propel the market forward throughout the forecast period.

    • Powered Wheelchair

Regional Market Analysis

North America will account for 40% of the market's growth. In North America, the United States is the most important market for pediatric wheelchairs. The market in this region will grow at a slower rate than the market in Europe.

Over the projected period, the high prevalence of physical disabilities among children would aid the expansion of the pediatric wheelchairs market in North America.

Request our latest sample for additional highlights and key segments that are expected to impact the market during the forecast period.

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Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Manual wheelchairs - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Manual wheelchairs - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Manual wheelchairs - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Manual wheelchairs - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Manual wheelchairs - Year-over-year growth 2021-2026 (%)
  • 5.4 Powered wheelchairs - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Powered wheelchairs - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Powered wheelchairs - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Powered wheelchairs - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Powered wheelchairs - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

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  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 Asia - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
  • 7.7 US - Market size and forecast 2021-2026
    • Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 Germany - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.10 India - Market size and forecast 2021-2026
    • Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.11 France - Market size and forecast 2021-2026
    • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 81: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 82: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 83: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 84: Matrix on vendor position and classification
  • 10.3 Akces MED Sp. z o.o.
    • Exhibit 85: Akces MED Sp. z o.o. - Overview
    • Exhibit 86: Akces MED Sp. z o.o. - Product / Service
    • Exhibit 87: Akces MED Sp. z o.o. - Key offerings
  • 10.4 Invacare Corp.
    • Exhibit 88: Invacare Corp. - Overview
    • Exhibit 89: Invacare Corp. - Product / Service
    • Exhibit 90: Invacare Corp. - Key offerings
  • 10.5 Karman Healthcare Inc.
    • Exhibit 91: Karman Healthcare Inc. - Overview
    • Exhibit 92: Karman Healthcare Inc. - Product / Service
    • Exhibit 93: Karman Healthcare Inc. - Key offerings
  • 10.6 Medline Industries Inc.
    • Exhibit 94: Medline Industries Inc. - Overview
    • Exhibit 95: Medline Industries Inc. - Product / Service
    • Exhibit 96: Medline Industries Inc. - Key offerings
  • 10.7 MEYRA GmbH
    • Exhibit 97: MEYRA GmbH - Overview
    • Exhibit 98: MEYRA GmbH - Product / Service
    • Exhibit 99: MEYRA GmbH - Key offerings
  • 10.8 Momentum Healthcare Ltd.
    • Exhibit 100: Momentum Healthcare Ltd. - Overview
    • Exhibit 101: Momentum Healthcare Ltd. - Product / Service
    • Exhibit 102: Momentum Healthcare Ltd. - Key offerings
  • 10.9 Ottobock SE and Co. KGaA
    • Exhibit 103: Ottobock SE and Co. KGaA - Overview
    • Exhibit 104: Ottobock SE and Co. KGaA - Product / Service
    • Exhibit 105: Ottobock SE and Co. KGaA - Key offerings
  • 10.10 Permobil AB
    • Exhibit 106: Permobil AB - Overview
    • Exhibit 107: Permobil AB - Product / Service
    • Exhibit 108: Permobil AB - Key offerings
  • 10.11 SORG Rollstuhltechnik GmbH Co.KG
    • Exhibit 109: SORG Rollstuhltechnik GmbH Co.KG - Overview
    • Exhibit 110: SORG Rollstuhltechnik GmbH Co.KG - Product / Service
    • Exhibit 111: SORG Rollstuhltechnik GmbH Co.KG - Key offerings
  • 10.12 Sunrise Medical LLC
    • Exhibit 112: Sunrise Medical LLC - Overview
    • Exhibit 113: Sunrise Medical LLC - Product / Service
    • Exhibit 114: Sunrise Medical LLC - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 115: Inclusions checklist
    • Exhibit 116: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 117: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 118: Research methodology
    • Exhibit 119: Validation techniques employed for market sizing
    • Exhibit 120: Information sources
  • 11.5 List of abbreviations
    • Exhibit 121: List of abbreviations

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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