Mar 17, 2020, 08:35 EST
New York, United States, Mar 17, 2020, 08:35 /Comserve / -- The global bariatric transport wheelchairs market is segmented by technology into manual and automated; by BMI classification into overweight, class I obesity, class II obesity and class III obesity and by regions.
The global bariatric transport wheelchairs market is segmented by technology into manual and automated; by BMI classification into overweight, class I obesity, class II obesity and class III obesity and by regions. Bariatric Transport Wheelchairs Market is anticipated to mask a CAGR of 7.6% during the forecast period i.e. 2018-2027.
Advancements in healthcare industry in the past few years and growing technological explorations is projected to drive bariatric transport wheelchairs market besides the increase in disposable incomes across developing and developed countries around the globe during the forecast period. Bariatric transport wheelchairs market is anticipated to record a substantial CAGR of 7.6% over the forecast period.
Currently the global bariatric transport wheelchairs market is observing vibrant growth on the back of increasing demand of obese mobility aids in the market. Advances in healthcare industry in the past few years and growing technological explorations is projected to drive bariatric transport wheelchairs market besides the increase in disposable incomes across developing and developed countries around the globe during the forecast period.
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As a developed region with growing busy lifestyles and increased unhealthy and packaged food consumption, North America is panned to observe significant bariatric transport wheelchairs market growth during the forecast period. North America is followed by Asia Pacific in terms of utility on account of expanding bariatric transport wheelchairs requirements in populations with body mass index more than 25.0 due to rising carbohydrates intake. Europe is expected to drive the demand and positively impact bariatric transport wheelchairs market growth over the forecast period owing to increasing bariatric transport wheelchairs application for mobility and daily living versatility of obese population.
Growing Applications on Account of Changing Lifestyle Habits
Increasing obese population due to rise in adoption of sedentary lifestyle, extensive consumption of unhealthy food and beverages, increasing incidences of hormonal imbalances and increased carbohydrates absorption is estimated to propel the bariatric transport wheelchairs market robustly during the forecast period.
Rising Disposable Income
Increasing personnel disposable income with a huge rise in the healthcare spending plans of United States, India and China are serving as a noteworthy driving element of the bariatric transport wheelchairs market.
However, cost constraints associated with these transport wheelchairs is one of the chief limitations affecting the global bariatric transport wheelchairs market as due to this people are not able to afford such costly equipment, especially in the developing countries. Furthermore, low acceptance rate with lack of skilled staff or care givers to this segment of the population due to social stigma is also restraining the market growth of bariatric transport wheelchairs.
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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the global Bariatric Transport Wheelchairs market which includes company profiling of Medline Industries Inc., Acorn Stairlifts, 21st Century Scientific Inc., Drive Medical Design and Manufacturing, Bios Living, GF Health Products Inc., Invacare Corporation, Karman Healthcare, Pride Mobility and Advanced Healthcare. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Bariatric Transport Wheelchairs market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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