With the intensification of the global aging trend, wheelchairs, as an important auxiliary tool, have seen an increasing market demand year by year. As a major wheelchair producer, my country's export market status has attracted much attention. This article will provide you with a detailed analysis of the current situation of the wheelchair export market from the aspects of market size, export status, and competitive landscape.
1. Market size
In recent years, the global wheelchair market has increased year by year. According to data from Qianzhan.com, the global wheelchair market size in 2020 was approximately US$7.1 billion, but due to the impact of the COVID-19 pandemic, the market size has declined. As the pandemic is gradually brought under control, the global wheelchair market is expected to resume growth in the next few years. Especially in countries and regions with a high degree of aging, the demand for wheelchairs will continue to rise.
2. Export status
Export volume is growing rapidly: my country's wheelchair export market has performed strongly, and export volume has increased year by year. According to Qianzhan.com analysis, China's wheelchair market export demand will increase rapidly in 2023, and the proportion of electric wheelchair exports will increase.
Main export regions: my country's wheelchair export market is spread all over the world, mainly concentrated in developed countries and regions such as Europe, the United States, Japan, and South Korea. These regions have a high demand for wheelchairs and huge market potential.
Product structure optimization: With the intensification of market competition, the product structure of my country's wheelchair exports has been continuously optimized. High value-added, high-performance electric wheelchairs, smart wheelchairs and other products have gradually become the main export products.
III. Competition pattern
Domestic competition has intensified: With the rapid development of the wheelchair market, domestic companies have increased their investment in research and development, improved product quality, and competition has become increasingly fierce. At present, a number of brands with independent intellectual property rights have emerged in the market, such as Yuyue Medical, Kefu Medical, and Yingke Medical.
International competition has intensified: In the global market, my country's wheelchair companies face competition from Europe, the United States, Japan and other countries. Companies in these countries have advantages in technology research and development, brand influence and other aspects, which poses certain challenges to my country's wheelchair export companies.
IV. Development trend
Policy support: The Chinese government attaches great importance to the development of the wheelchair industry and has introduced a series of policy measures to encourage companies to innovate in research and development, improve product quality, and help the wheelchair industry move towards the high end of the global value chain.
Diversification of market demand: With the diversification of consumer demand, the wheelchair market will show a trend of segmentation. Personalized and customized wheelchair products will become a new highlight of the future market.
Cross-border e-commerce helps exports: The rapid development of cross-border e-commerce platforms has provided new sales channels for my country's wheelchair export companies, and is expected to further expand the international market.
The wheelchair export market has broad prospects, but competition is increasingly fierce. my country's wheelchair companies should seize the opportunity, increase R&D investment, improve product quality, and actively expand the international market to cope with the ever-changing market environment.