Nonmagnetic Wheelchair Market Size (2024 - 2029)

Nonmagnetic Wheelchair Market Analysis

The nonmagnetic wheelchair market studied was anticipated to grow with a CAGR of nearly 6.1% during the forecast period.

• The COVID-19 pandemic had a significant impact on the nonmagnetic wheelchair market. For instance, as per the article published in December 2022 in MedRxiv, the pandemic disproportionately impacted physically disabled people because of the convoluted preexisting conditions. The interruption of vital services and support and preexisting health ailments, in some cases, have left the physically disabled in danger of acquiring several diseases. Hence, the patients were mostly left in households, which adversely impacted the sale of nonmagnetic wheelchairs during the pandemic. An article published in January 2021 in the journal of Spinal Cord Medicine stated that individuals with thoracic spinal cord injuries who used a manual wheelchair full-time during the pandemic had lower levels of physical activity than before the pandemic. Hence, COVID-19 had a significant impact on the nonmagnetic wheelchair market. However, with the resumption of hospitals and decreasing cases of COVID-19, the studied market is expected to recover from the impact of COVID-19 over the forecast period.
• Factors such as an increase in injuries, neuromuscular diseases, and a rise in the geriatric population are likely to drive the growth of the market. For instance, according to the WPP 2022 report published by the United Nations, the global geriatric population is increasing rapidly around the world. The older population is projected to grow at rates above 3% per year in Northern Africa and Western Asia, sub-Saharan Africa, Oceania (excluding Australia and New Zealand), and Central and Southern Asia. The share of the global population aged 65 years or above is projected to rise from 10% in 2022 to 16% in 2050. As the geriatric population rises, the disabilities associated with mobility increase, and the adoption of nonmagnetic wheelchairs rises.
• Moreover, the increasing prevalence of debilitating neurological diseases, rheumatoid arthritis, and osteoarthritis has been contributing to the increased percentage of the population with a disability to walk. For instance, as per the Arthritis WA November 2022 update, arthritis affects 3.6 million Australians (or 1 in 7) and costs USD 14 billion per year. As the arthritis complication increases, the likelihood of utilizing nonmagnetic wheelchairs rises, driving the growth of the nonmagnetic wheelchair market. Moreover, the increase in wheelchair donations worldwide also boosts the growth of the nonmagnetic wheelchair market. For instance, the Church of Jesus Christ donated or delivered 18,569 wheelchairs in support of 32 countries from May 2021 to April 2022.
• Due to the increase in the geriatric population, the rise in neurological diseases, and wheelchair donations, the studied market is expected to witness significant market growth over the forecast period. However, the lack of facilities in developing and under-developed regions are likely to restrain the growth of the market over the forecast period.

Nonmagnetic Wheelchair Industry Segmentation

As per the scope of the report, nonmagnetic wheelchairs are used mainly in rough outdoor environments. They are robust, more stable, and much easier to propel over rough ground. Wheelchair designs may vary based on the materials and technology available for production and repair. 

The nonmagnetic wheelchair is segmented by type (below 100 kg, 100 kg to 150 kg, above 150 kg) end-user (hospitals, orthopedic centers, ambulatory and surgical centers) and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.