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The expansion of the wheelchair market is likely to be aided by the ageing population
The expansion of the wheelchair market is likely to be aided by the ageing population
wheelchair market

North America dominates the global wheelchair market, with Europe and Asia Pacific following closely behind. Wheelchairs are typically used by elderly people who are nearing or have reached the age of 60. According to a 2016 assessment by the Population Reference Bureau, about 46 million persons aged 60 and up in the United States use a wheelchair, with that figure predicted to rise to around 98 million by 2060, bolstering North America's share of the wheelchair market. Because of the growing population in economies such as China and India, the Asia Pacific area is likely to see growth in the wheel chair industry. The expansion of the wheelchair market in this region is fueled by significant investments in healthcare. Because Asia accounts for 60% of the world's current population, the wheelchairs industry is predicted to grow rapidly in the Asia-Pacific region over the forecast period.

 

Read More: https://medium.com/@dataguy.cmi/global-wheelchairs-market-demand-and-covid-19-pandemic-effect-6f53f848bbfc

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