The global wheelchairs (powered and manual) market
is anticipated to grow at a higher CAGR in the forthcoming period.
Reimbursement is one of the driving factors for industry. For instance, the
mandate in US is government insures people aged over 65 and are in for devising
a universal healthcare regime. The government in developed countries lets
everybody have a full health plan with people who need extra coverage
supplementing it with a medical insurance policy.
Frailty and helplessness that
accompanies aging populace needs to be given support to make them upwardly
mobile. The sick, aged and disabled need to be wheeled around. This asks for a
suitable wheelchair whose viability to some extent depends on cost and
reimbursement restrictions. The market is congenial to disabled in order to get
them moving about, thus impacting the overall healthcare industry in a positive
way. In order to undertake rehabilitation efforts, there are wheelchairs that
provide mobility to individual and impacting healthcare delivery fueling growth
in wheelchairs (powered and manual) market.
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Wheelchairs (Powered and Manual) Market at:
Light-weight wheel chairs impart
mobility to the individual and transport wheelchairs that restrict themselves
by simply moving patient from bed to bed or to another place give loved and
dear ones some sort of control to wheelchair movement and transport. Thus,
extra care from family in familiar settings stimulates the growth of
wheelchairs (powered and manual) industry. The
significant driving factors for manual wheelchair market is an aging
population, baby boomers catching up fast with 65 age and a voicing demand for
better lifestyle that is providing improved growth to wheelchairs (powered and
manual) industry.
Manual wheel chair market is
expected to be in accordance with vendors achieving more expertise in
wheelchair technology and delivering ingenious wheelchairs that suit all needs.
Electric or powered wheelchairs are in contrast to manual wheelchairs on
grounds of automation, being powered by an electric motor that offers very good
growth and optimization benefits. The powered wheelchairs are light in weight
generally weighing less than 100 lbs and offer a package of convenience and
light motion.
The construction of powered
wheelchairs is such that they provide adaptability and have soft special seats
for orthopedic patients. The driving factors for powered wheelchair market are
rising number of elderly populace, growing need of automated wheel chair for
the disabled and rising disposable incomes instantly liking market growth.
Restraints such as lacking infrastructure needs including bad and broken pathways,
non-availability of ramps in buses and trains are factors limiting growth of
powered wheelchair market.
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Segmentation of wheelchairs
(powered and manual) market by type includes wheelchairs powered and
wheelchairs manual. By application, wheelchairs (powered and manual) industry
by application includes hospitals, recuperation mechanism and family expenses.
By geographical region, wheelchairs (powered and manual) market includes North
America, Europe, Asia Pacific, MEA and Latin America. Key players in
wheelchairs (powered and manual) industry include Invacare Corp, Sunrise
Medical, Permobil Corp, Pride Mobility, Drive Medical, Medline, Ottobock, GF
Health, NISSIN, MIKI, PDG, Karman, Humang, Hoveround Corp, and Handicare.
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