Philippines Active Wheelchair Market Size & Outlook
Philippines active wheelchair market, 2016-2027 (US$M)
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Philippines active wheelchair market highlights
- The Philippines active wheelchair market generated a revenue of USD 4.2 million in 2020 and is expected to reach USD 5.5 million by 2027.
- The Philippines market is expected to grow at a CAGR of 4.1% from 2021 to 2027.
- In terms of segment, manual wheelchairs was the largest revenue generating type in 2020.
- Powered Wheelchairs is the most lucrative type segment registering the fastest growth during the forecast period.
Active wheelchair market data book summary
| Market revenue in 2020 | USD 4.2 million |
| Market revenue in 2027 | USD 5.5 million |
| Growth rate | 4.1% (CAGR from 2020 to 2027) |
| Largest segment | Manual wheelchairs |
| Fastest growing segment | Powered Wheelchairs |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual wheelchairs, Powered Wheelchairs |
| Key market players worldwide | Sunrise Medical, Numotion, Karman Healthcare, Per 4Max, Meyra, SpinLife |
Other key industry trends
- In terms of revenue, Philippines accounted for 0.2% of the global active wheelchair market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China active wheelchair market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 148.1 million by 2027.
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Active Wheelchair Market Scope
Active Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Philippines active wheelchair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to active wheelchair market will help companies and investors design strategic landscapes.
Manual wheelchairs was the largest segment with a revenue share of 57.14% in 2020. Horizon Databook has segmented the Philippines active wheelchair market based on manual wheelchairs, powered wheelchairs covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of Philippines active wheelchair market databook
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Our clientele includes a mix of active wheelchair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Philippines active wheelchair market, including forecasts for subscribers. This country databook contains high-level insights into Philippines active wheelchair market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Philippines active wheelchair market size, by type, 2016-2027 (US$M)
Philippines Active Wheelchair Market Share, 2020 & 2027 (US$M)
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