Vietnam Wheelchair Market to Grow with a CAGR of 6.20% through 2030
Aging Population and Prevalence of Disabilities and Spinal Injuries is
expected to drive the Vietnam Wheelchair Market growth in the forecast period,
2026-2030
According to TechSci Research report, “Vietnam
Wheelchair Market – By Region, Competition, Forecast & Opportunities, 2030F”,
the Vietnam Wheelchair Market stood at USD 56.10 Million in 2024 and is
anticipated to grow with a CAGR of 6.20% in the forecast period, 2026-2030.
The continuous advancements in Vietnam’s healthcare
sector are driving significant growth in the wheelchair market. The expansion
of hospitals, rehabilitation centers, and specialized healthcare facilities has
created a heightened demand for mobility aids. Additionally, improvements in
healthcare access and affordability have made wheelchairs more accessible to
individuals in need, further propelling market growth. The Vietnamese
government has placed increasing focus on enhancing the welfare of disabled individuals,
implementing programs, policies, and initiatives to improve their quality of
life. These efforts, including subsidies for mobility aids, are critical in
fostering the expansion of the wheelchair market. Furthermore, legal frameworks
that ensure greater access to mobility solutions for people with disabilities
are expected to continue supporting market development.
Rising awareness about mobility impairments and the
availability of healthcare solutions is also fueling demand for wheelchairs.
Public health campaigns and social initiatives are highlighting the needs of
individuals with disabilities, stimulating investment in mobility solutions,
and driving consumer demand for both manual and powered wheelchairs. In
parallel, innovations in wheelchair technology, such as lightweight materials,
enhanced ergonomics, and more battery-efficient powered models, are advancing the
market. These technological improvements not only enhance the user experience
but also increase the durability, efficiency, and accessibility of mobility
aids. The growing availability of customizable wheelchairs, tailored to
individual needs, is attracting a broader consumer base, further accelerating
market growth.
However, despite the increasing awareness surrounding
disabilities, there remains a gap in understanding the full benefits and
necessity of wheelchairs, particularly in rural and underserved populations.
Many individuals with mobility impairments may not fully appreciate the
positive impact that appropriate mobility aids can have on their quality of
life. Cultural stigmas, limited information, and a lack of education about
available solutions contribute to this issue. Additionally, healthcare
professionals and rehabilitation centers in Vietnam may not consistently
prioritize wheelchair use as a critical component of rehabilitation, leading to
delays in prescribing mobility aids or insufficient training on their proper
use. Without adequate awareness and education about the advantages of
high-quality wheelchairs, individuals may continue to rely on less effective
alternatives, which could hinder overall demand in the market for specialized
mobility solutions.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on " Vietnam Wheelchair Market”
The Vietnam Wheelchair Market is segmented into product
type, category, application, end user, regional distribution, and company.
Based on its application, the Basic Wheelchair segment
has emerged as the predominant market leader, the key driver behind the
dominance of the Basic Wheelchair segment is its affordability. In a market
where cost remains a significant barrier to access, basic manual wheelchairs
offer a more budget-friendly solution compared to advanced models like powered
or customized wheelchairs. The relatively low cost of production and
distribution of basic wheelchairs makes them an attractive option for a large
demographic, including individuals from low-income households and rural areas,
where financial resources may be limited. As the demand for accessible
healthcare solutions grows, the affordability of basic wheelchairs ensures
their continued dominance in the market.
Basic wheelchairs, with their simple design and
functionality, are easily accessible across various regions of Vietnam,
including both urban and rural areas. While more advanced models may be
concentrated in larger cities due to higher disposable incomes and healthcare
infrastructure, basic wheelchairs are available in a wide array of distribution
channels, including local medical stores, hospitals, and rehabilitation centers
in both urban and rural regions. Their ease of availability plays a crucial role
in their popularity, especially in areas where access to specialized healthcare
products might be limited. The Basic Wheelchair segment caters to a broad
customer base that includes individuals with temporary disabilities, elderly
people, and those with chronic mobility impairments. With Vietnam’s aging
population and increasing prevalence of mobility-related disabilities, the
demand for simple and easy-to-use wheelchairs has seen a steady rise. Basic
wheelchairs are commonly used by individuals who may not require the advanced
features offered by powered or specialized models, making them an ideal option
for the majority of people with limited mobility.
Major companies operating in Vietnam Wheelchair Market
are:
- 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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“The Vietnam wheelchair market is poised for continued
growth, driven by key factors such as an aging population, increasing
prevalence of disabilities, and advancements in healthcare access and
technology. While the Basic Wheelchair segment maintains its dominance due to
affordability and widespread accessibility, emerging trends such as
technological innovations, government support, and heightened awareness around
disability inclusion present significant opportunities for market expansion. As
the demand for mobility aids continues to rise, stakeholders within the
industry must adapt to evolving consumer needs and preferences, ensuring that
both affordability and quality remain central to the market’s development. The
combination of demographic shifts, economic growth, and improved healthcare
infrastructure positions Vietnam’s wheelchair market for a positive trajectory
in the coming years”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“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, 2020-2030F”, has evaluated
the future growth potential of Vietnam Wheelchair Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Vietnam Wheelchair Market.
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