2014-01-23 13:51:03 - Wheelchairs (Powered and Manual): A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Global market for Wheelchairs (Powered and Manual) is forecast to reach 8.0 million units by 2018, driven by aging population, increasing incidence of disabilities, and the steadily growing homecare and bariatric care markets in the US and Europe.
The need to facilitate safe movement and improve the independence, mobility and quality of life of patients with disabilities represents the primary factor propelling the market for wheelchairs. The grim reality of rising occurrence of disabilities as a result of increasing neurological disorders, cardiovascular conditions, and diabetes, among other chronic illnesses, is an important growth driver for manual wheelchairs, powered wheelchairs and mobility scooters. Traumatic spinal cord injury patients also represent major consumers of wheelchairs and other mobility assistance equipment.
Rapidly aging population worldwide
is fast becoming a tidal force fuelling global demand for manual and powered wheelchairs. The steady shift towards home-based healthcare in the United States and Europe offers significant growth opportunities. Positive changes in society´s attitude towards disabilities and government initiatives to implement equal opportunity legislation for differently-abled persons accompanied by efforts of private players, charitable institutions and non-governmental organizations to improve the quality of life of such individuals are enabling disabled individuals to pursue a more productive and active lifestyle. These factors are stimulating demand for customized wheelchairs, manual wheelchairs, powered wheelchairs, lightweight wheelchairs, all-terrain wheelchairs, mobility scooters, and travel wheelchairs.
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