Active Wheelchair Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029
Global Active Wheelchair Market: Overview
Active wheelchairs resemble most of the sports wheelchairs available in the market and are easy to maneuver. These wheelchairs are utilized on a daily basis and are usually more of a premium product than the usual, standard wheelchairs. It also comprises wheelchairs for people who want to remain active in life. Most of the sports wheelchairs are the active wheelchairs. Easily navigable, these wheelchairs come in two different forms, which are rigid or folding. These chairs can be easily adjusted to cater to the need of the users and their lifestyle, which is estimated to support growth of the global active wheelchair market over the period of forecast, from 2019 to 2029.
Rising in the number of disabled and geriatric population across the globe is likely to accentuate the demand for active wheelchairs in the near future. In addition, constant efforts to better the efficiency of these wheelchairs, favorable initiatives by the government, and rise in the incidences of chronic diseases is likely to trigger growth of the global active wheelchair market in the years to come.
Type, indication, and region are the three key parameters based on which the global active wheelchair market has been divided. The objective of such segmentation is to offer a clearer, 360-degree view of the market.
Global Active Wheelchair Market: Notable Developments
The global active wheelchair market has witnessed significant developments in the recent years. One of such developments pertaining to the market is mentioned below:
Some of the key players in the global active wheelchair market comprise the below-mentioned:
Global Active Wheelchair Market: Key Trends
The following drivers, restraints, and opportunities characterize global active wheelchair market over the assessment period, from 2019 to 2029.
High Prevalence of Arthritis to Contribute toward Spiraling Demand for Active Wheelchairs
In comparison with a traditional wheelchair, this active one is considered an upscale product. Active wheelchairs are considered a blessing for people who prefer to remain active, which is why it has gained tremendous popularity in the last few years.
According to the findings of Centers for Disease Control and Prevention (CDC), nearly 54.4 million adults in the US were suffering from arthritis in the period that spanned from 2013 to 2015. In addition, it is also forecasted that nearly 36.4 million people with arthritis is estimated to have limited activities by 2040. With such increased prevalence of disabilities, the global active wheelchair market is likely to observe considerable growth over the period of assessment, from 2019 to 2019.
In addition, rise in the disposable income of the people together with increasing approvals of product is forecasted to work in favor of the global active wheelchair market in the years to come. There are many government policies encouraging adoption of these wheelchairs, which is likely to pave way for accelerated adoption of active wheelchairs in the years to come.
Global Active Wheelchair Market: Geographical Analysis
Expanding base of geriatric population together with rising expenditure on healthcare is likely to place Europe at the forefront of the global active wheelchair market. The dominance of Europe over the market is likely to continue throughout the period of forecast. Asia Pacific is estimated to come up as a rapidly growing region with rising disposable income and inclination toward spending on premium medical devices.
The global active wheelchair market is segmented as:
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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