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Wheelchair Market Share

ID: MRFR//6933-CR | 158 Pages | Author: Rahul Gotadki| February 2020

As per the World Health Organization (WHO), road accidents contribute significantly to global mortality, ranking as the eighth-leading cause of death across all age groups worldwide. Disturbingly, the fatality rates resulting from crashes are notably higher in low and middle-income nations in comparison to their high-income counterparts. This disparity in road safety stems from various factors, including unsafe road infrastructure, the prevalence of unsafe vehicles, insufficient post-crash care, lax enforcement of traffic laws, and the peril of driving under the influence of alcohol and other psychoactive substances. The ramifications of these accidents often result in injury-related impairments, thereby elevating the demand for electric wheelchairs.

The consequences of road accidents are not only limited to fatalities but also include a substantial number of disabilities caused by injuries sustained during these incidents. The surge in accident-related impairments significantly contributes to an increased requirement for electric wheelchairs. The elevated demand for these mobility aids can be attributed to the long-term disabilities or mobility limitations endured by survivors, necessitating assistance in movement and locomotion.

Moreover, various neurological conditions and ailments play a pivotal role in the prevalence of wheelchair usage. Among these conditions, cerebrovascular disease stands out as the most common neurological ailment leading to the adoption of wheelchairs. Additionally, individuals diagnosed with neurological disorders such as multiple sclerosis, polio, and muscular dystrophy might rely on wheelchairs to enhance their mobility and ensure better quality of life. The increasing incidence of these neurological conditions among populations is expected to contribute to the upward trajectory of the global electric wheelchair market in the forecast period.

Neurological disorders and injuries resulting from road accidents often lead to long-term or permanent disabilities, significantly affecting an individual's mobility. Consequently, the heightened demand for electric wheelchairs arises as a crucial need for individuals grappling with the aftermath of such conditions. These electric wheelchairs provide enhanced mobility and independence, offering support to individuals facing mobility challenges caused by neurological disorders or injury-related impairments.

The rising occurrence of road accidents globally and the associated disabilities resulting from these incidents contribute substantially to the amplified demand for electric wheelchairs. Furthermore, neurological conditions and ailments that impede mobility also play a pivotal role in the increased adoption of these mobility aids. As a result, the projected surge in the incidence of such conditions is anticipated to drive the growth of the global electric wheelchair market in the foreseeable future.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 6.48% (2023-2032)
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