Vietnam Wheelchair Market, By Product Type (Manual Wheelchair, Powered Wheelchair), By Category (Adult, Paediatric), By Application (Basic Wheelchair, Bariatric Wheelchair, Sports Wheelchair, Others), By End User (Healthcare Facilities, Home Care), By Region, Competition Forecast & Opportunities, 2028

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Vietnam Wheelchair Market, By Product Type (Manual Wheelchair, Powered Wheelchair), By Category (Adult, Paediatric), By Application (Basic Wheelchair, Bariatric Wheelchair, Sports Wheelchair, Others), By End User (Healthcare Facilities, Home Care), By Region, Competition Forecast & Opportunities, 2028

Forecast Period2024-2028
Market Size (2022)USD 50.23 million
CAGR (2023-2028)6.21%
Fastest Growing SegmentManual Wheelchair
Largest MarketCentral Vietnam

MIR Medical Devices

Vietnam Wheelchair Market is expected to grow at an impressive rate during the forecast period 2024-2028.

A wheelchair is a personal or automatic device, designed for use by individuals with mobility impairment. It is mainly used for both internal and external locomotion. Rising life expectancy and adult population around the country is one of the main factors that will contribute to the market growth.

Additionally, the prevalence of various diseases among the youth due to their everyday lifestyle is a major factor that drives this segmental growth. The number of road accidents is increasing, leading to issues related with spinal cord and bone fracture. Furthermore, advancements in basic wheelchairs and making them more equipped with technology and comfort are the major drivers that increase the production of more newly launched wheelchairs in Vietnam. This, in turn, is anticipated to positively impact the market growth.

In addition, wheelchair manufacturers are moving beyond basic manual wheelchairs. They are coming up with new models to aid the user and make things easier to move around easily and independently. New advanced technology like power wheelchair with enhanced control system, exoskeleton and robotic assisted wheelchair is used to develop the easiest handling and cost-effective wheelchairs for the users and it leads to enhance the growth of wheelchair market.

Technology Advancement in Wheelchair Industry

The ever-increasing integration of automation into health care equipment, especially portable, and light-weight wheelchairs is a parameter of impact, aimed at supporting market growth. Wheelchairs today are integrated with seamless circuits, guide sensors, steering wheel, and a few controls to make the trip easier and smoother for patients. The introduction of battery-powered electric wheelchairs is helping the users at a better level. In line with the development of wheelchair, many companies offer new features that can keep and connect the device with a patient's health history. These includes features such as emergency call alarms and monitoring their health with vital signs. Invacare AVIVA FX Power Wheelchair

Rising Cases of Road Accidents

Advancement in Wheelchairs Drives Market Growth

Globally, the wheelchair's most reliable features for users are being provided by ongoing updates to the wheelchair's physiology and technological improvements. Wheelchairs are now the preferred or significant option for users or patients due to the addition of updated features like eye sensor controls, functioning controls with AI automation or finger touch controlling, upgrades in customization such as adding more comfort by cushioning, additional support for posture control, and pressure reliver points. This implies ensuring more dependency and safety to the user, thus increasing the market demand. In the upcoming years, the market is predicted to rise due to newer wheelchair features such as reduced manual handling controls, fewer attendant requirements, controlled motions, and complete or semi-automation.

Rising Spinal Cord Injuries and Other Disorders

Increasing number of disabilities that require a mobile device like wheelchair is also one of the key factors expected to contribute to the market growth. Spinal cord injuries are one of the most common disabilities that require a walking device/mobile device. . Therefore, Vietnam is expected to be a significant market potential for mobile device manufacturers in the forecast years.


MIR Segment1

Rise in Disease Prevalence Among the Elderly & Increasing Geriatric Population

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Market Segmentation

The Vietnam Wheelchair Market is segmented based on product type, category, application, end user, company, and region. Based on product type, the market is further segmented into Manual Wheelchair and Powered Wheelchair. Based on Category, the market is segmented into Adult and Pediatric. Based on Application, the market is segmented into Basic Wheelchair, Bariatric Wheelchair, Sports Wheelchair, and Others. Based on End User, the market is further fragmented into Healthcare Facilities and Home Care.

Company Profiles

Aikin Holding Corp. Vietnam Manufacturer, Vietnam Precision Industrial Joint Stock Company, Kenda Rubber (Vietnam) Co., Ltd., An Viet Long Co., Ltd., MZ Vietnam Co., Ltd., Wus Tech (Vietnam) Co., Ltd., OIA Global Vietnam Co., Ltd., Wus Tech (Vietnam) Co., Ltd., Ben Thanh Investment, Technet JSC etc. are among the major market players in the Vietnam Wheelchair Market.

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion, and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Product Type

Category

Application

End User

Company

Region

Regional Scope

Northern, Central, Southern

Key Companies Profiled

Aikin Holding Corp. Vietnam Manufacturer, Vietnam Precision Industrial Joint Stock Company, Kenda Rubber (Vietnam) Co., Ltd., An Viet Long Co., Ltd., Mz Vietnam Co., Ltd., Wus Tech (Vietnam) Co., Ltd., Oia Global Vietnam Co., Ltd., Wus Tech (Vietnam) Co., Ltd., Ben Thanh Investment, Technet JSC

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope

In this report, Vietnam Wheelchair Market has been segmented into following categories, in addition to the industry trends which have also been detailed below

  • Vietnam Wheelchair Market, By Product Type
  • Manual Wheelchair
  • Powered Wheelchair
  • Vietnam Wheelchair Market, By Category
    • Adult
    • Pediatric
  • Vietnam Wheelchair Market, By Application
    • Basic Wheelchair
    • Bariatric Wheelchair
    • Sports Wheelchair
    • Others
  • Vietnam Wheelchair Market, By Region
    • Northern
    • Central
    • Southern

MIR Regional

Competitive Landscape

Company Profiles

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Company Information

Detailed analysis and profiling of additional market players (up to five).

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