The global wheelchair market size is expected to reach USD 4.2 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.6%. Growing disabled population along with rising geriatric population is among factors driving market growth. In addition, improvements in healthcare infrastructure are fueling the demand for wheelchairs.
Adoption and awareness of advanced wheelchairs products are also propelling growth. Growing integration of automation in healthcare devices, especially mobility devices, such as wheelchairs, is anticipated to boost growth. For instance, wheelchairs are integrated with non-linear processing circuits, guide sensors, pulse steering drive, and several controls for making the ride easy and smooth for patients.
Rising prevalence of lifestyle diseases, osteoporosis, and other autoimmune disorders that lead to the need for wheelchairs and growing baby boomers are also some factors driving the market. Presence of geriatric population is one of the key factors responsible for the largest share held by U.S. in North America.
Hospital segment held the maximum share in 2018. This can be attributed to rising high-end mobility equipment such as powered wheelchairs and manual wheelchairs, which are preferred by patients in different healthcare settings as these wheelchairs offer required mobility during hospital stays.
Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/wheelchair-market
Key Takeaways from the report:
Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/6453/ibb
Grand View Research has segmented the global wheelchair market on the basis of product, category, application, and region:
Wheelchair Product Outlook (Revenue, USD Million, 2015 – 2026)
Wheelchair Category Outlook (Revenue, USD Million, 2015 – 2026)
Wheelchair Application Outlook (Revenue, USD Million, 2015 – 2026)
Wheelchair Regional Outlook (Revenue, USD Million, 2015 – 2025)
Browse Related Reports :
Bowel Management Systems Market Size, Share & Trends Analysis Report By Product (Colostomy Bags, Irrigation Systems, Nerve Modulation Devices), By Patient Type, By End Use, And Segment Forecasts, 2018 – 2025
https://www.grandviewresearch.com/industry-analysis/bowel-management-systems-market
Hair Removal Devices Market Size, Share & Trends Analysis Report By Product (Laser, Intense Pulse Light), By End Use (Beauty, Dermatology Clinics, Home Use), By Region, And Segment Forecasts, 2018 – 2025
https://www.grandviewresearch.com/industry-analysis/hair-removal-devices-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: www.grandviewresearch.com/industry-analysis/wheelchair-market