Fitness Trends Global Wheelchairs Market | Page 2

• Global Wheelchairs Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Global Wheelchairs Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Global Wheelchairs Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Global Wheelchairs Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Rise in aging population is expected to favor the growth of wheelchair market North America accounts for the largest share in the global wheelchair market, followed by Europe and Asia Pacific. Mostly wheelchairs are used by elder people who are near to the age of 60’s and above. As per Population Reference Bureau 2016 report, in the U.S. around 46 million people of age 60 and above are estimated to use wheel chair, the number is expected to reach around 98 million by 2060 supporting the share of North America for the wheelchairs market. Asia Pacific region is expected to show growth in wheel chair market, owing to increasing population in economies like China and India. Major investments in healthcare fuels the growth of wheelchairs market in this region. The wheelchairs market is expected to show high growth rate in Asia-Pacific region over the forecast period as Asia consist of 60% of the world’s current population. Market Dynamics The wheelchair market growth is expected to gain traction in the near future, as a result of rise in geriatric population and lower limb amputation cases due to various impairment such as diabetes and vascular diseases at constant rate. According to Centers of Disease Control and Prevention 2014 report (CDC), in the U.S., around 30.0 million people were diagnosed with diabetes and around 8.0 million people are living with undiagnosed diabetes. Additionally, according to European Journal Aerzteblatt-international.de 2017 report, there were around 100,000 lower limb amputation caused by trauma, intoxication, musculoskeletal disease,