Increasing Geriatric Population and Rising Number of Disabilities Requiring Wheelchair Support are expected to Drive Growth of the Wheelchairs Market

Irritable Bowel Syndrome Treatment Market
 Wheelchairs Market


Wheelchairs are used for movement by disabled people or people who are unable to walk due to an injury or sickness such as cerebral palsy. Wheelchairs are classified into two types: manual wheelchairs and power or electric wheelchairs. They are suitable for both indoor and outdoor use. Sports wheelchairs, stair climbing wheelchairs, and smart wheelchairs are projected to fuel growth in the wheelchairs industry in the near future.

Although constraints such as the high cost of mobility products may limit market expansion, rising healthcare spending is clearly propelling the wheelchair industry. Our research researchers analysed historical data to determine the key market drivers and the impact of the COVID-19 pandemic on the wheelchair business. A comprehensive examination of the drivers will aid in determining end goals and improving marketing strategies to acquire a competitive advantage.

One of the primary drivers influencing wheelchairs market growth is rising healthcare expenditure. Individuals' healthcare budgets are growing as a result of the availability of government healthcare centres and access to economical, high-end healthcare facilities with reasonable medical charges. Furthermore, in countries such as India and China, many non-governmental organisations (NGOs) assist people with limited mobility in terms of reimbursements and improved patient care, hence increasing healthcare expense. These non-governmental organisations work with the government to improve healthcare by expanding the scope of payments for mobility items such as wheelchairs. Various initiatives assist people with limited mobility in obtaining manual wheelchairs at subsidised or reduced prices, improving product penetration in these nations.






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