Wheelchair lifts have turn out to be great mobility equipment for geriatric and physically disabled population, enabling them to travel between floors and high-rise buildings effectively. They are considered as the best alternative, especially for long distance travels, wherein vehicles need to be customized to accommodate and carry a wheelchair or a mobility scooter.
Increased emphasis on government and private organizations on productive and active lifestyle for disabled population is one of the emerging trend that is going to drive the market growth. Further, revolutionary shift in automotive designs and rise of electric vehicles, and better knowledge of mobility equipment among disabled and elderly population are among the other latest trends that will shape the market in a positive way. Among the major growth driving factors are medicaid and private insurance enabling expenditure on wheelchair lifts, funding and incentives for these lifts in vehicular modification, and inclination of aging and disabled population toward active and independent living. The report also includes the upcoming restraints that are going to be a major hindrance to the market growth.
The global Wheel Chair market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Wheel Chair volume and value at global level, regional level and company level. From a global perspective, this report represents overall Wheel Chair market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Wheel Chair in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Wheel Chair manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Segment by Regions
Segment by Type
Segment by Application