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Tuesday, 1 November 2022

Pediatric Wheelchairs Market Size Worth $3.3 Billion By 2030

 

Pediatric Wheelchairs Market Growth & Trends

The global pediatric wheelchairs market size is expected to reach USD 3.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 6.8% from 2022 to 2030. Pediatric wheelchairs are equipment that can be used to move a patient while another person pushes behind. There are many different features and attachments available for chairs, including cup holders, footrests, armrests, bags, totes, and pouches.

The market is anticipated to grow as a result of the rise in pediatric disabilities, the use of wheelchairs in pediatric rehabilitation centers in emerging nations, and advancement in wheelchair technology. Moreover, the availability of reimbursement for such devices and assistance from humanitarian organizations are expected further drive the market. For instance, according to UNICEF, in 2021, over 134,000 children with disabilities were provided with assistive devices, disability-inclusive products, and emergency kits through UNICEF-supported programs across 81 countries.

The onset of the pandemic adversely affected the medical devices supply chain. Children with disabilities were more prone to the impacts of COVID-19, as outlined by the Secretary-General of the WHO in his policy brief A Disability-Inclusive Response to COVID-19. However, all those months witnessed high demand for patient transportation in-home care and other healthcare facilities as the disabled population was more vulnerable to COVID-19 and was forced to stay at home. Though the medical devices supply chain was affected badly and it was difficult to meet the increased demand, the industry managed to meet the demand successfully.

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Pediatric Wheelchair Market Report

Pediatric Wheelchairs Market Report Highlights

  • The manual product type segment led the market in 2021 and is projected to maintain its lead throughout the forecast period. It is one of the most popularly used product types of pediatric wheelchairs
  • The foldable wheelchairs frame type segment is projected to expand at the fastest rate over the forecast period owing to the rise in the use of pediatric wheelchairs for patient transportation such as in healthcare facilities
  • By application, the others segment including ambulatory surgical centers and rehabilitation centers dominated the market in 2021 owing to the increasing requirement for such facilities
  • Asia Pacific is expected to expand at a lucrative CAGR of 8.0% from 2022 to 2030 owing to the rising awareness and adoption of wheelchairs in Asian countries