Wheelchair Market Overview
Market Research Future (MRFR) presumes that the wheelchair market size can make steady progress at a rate of 2.80% between 2019 and 2024 (analysis period). The latest wheelchair market statistics reveal that the value by 2024 can be USD 9,554.07 Million, indicating favorable growth prospects. We will provide COVID-19 impact analysis with the report, along with an in-depth review post the coronavirus disease outbreak.
The exploding geriatric populace and the mounting cases of disorders that require wheelchair support have pushed the market growth for wheelchairs. The constant developments in the healthcare system and the growing number of handicapped patients also benefit the wheelchair industry. The world health organization/WHO says that nearly 15% of the global population suffers from some form of disability. Disabilities are more common among the elderly population and individuals suffering from chronic disorders, which have resulted in significant growth of the wheelchair market.
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Wheelchair Market Regional Outlook
The wheelchair market has been regionally categorized as Europe, the Americas, MEA/the Middle East and Africa and APAC/Asia Pacific.
Since 2018, the biggest gainer in the global wheelchair market has been the Americas, and can procure a growth rate of 2.24% over the evaluation period. The regional market’s unparalleled growth can be credited to the strong presence of highly renowned vendors and the mounting cases of chronic diseases. The burgeoning pool of elderly people across the US and Canada and the high uptake of advanced wheelchairs among the expansive disabled populace also benefits the American market. The robotic wheelchairs market has been performing significantly in the region in recent years, on account of the sharp spike in the number of obese individuals who are not able to indulge in activities that require quick mobility.
** This post was originally published on https://www.karmanhealthcare.com/coronavirus-covid-19-wheelchair-accessible-market-news-swot-and-current-and-forecast-demand/?utm_source=rss&utm_medium=rss&utm_campaign=coronavirus-covid-19-wheelchair-accessible-market-news-swot-and-current-and-forecast-demand