Global Bariatric Transport Wheelchairs Market Overview
Obesity has curved out to be one of the major health alarms in the current population. One of the key issues that bariatric individuals tackle is an extended exertion required for strolling and versatility and keeping up with their daily way of life. On the back of this, a substantial number of obese individuals are choosing the utilization of the bariatric transport wheelchairs. The important features required in a bariatric transport wheelchair are stronger, solid and bigger size transport for efficient weight carrying. Unlike geriatric transport chairs, bariatric transport wheelchairs have expanded weight limits; heavy duty supports and is more extensive in width with the goal that obese people can fit in. The equipment are characterized as bariatric in the event that it has a 300-900 pound restrict, despite the fact that there is no width or weight constrain indicated for bariatric gear. Increasing obese population due to rise in 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.
Market Size & Forecast
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. Many multi-national companies are concentrating towards new product advances in bariatric transport wheelchairs. Moreover, the many advantageous features of bariatric transport wheelchairs are exploited in the growing market player base. New advanced properties for bariatric transport wheelchairs are being discovered on regular basis for strong market existence which is expected to drive the bariatric transport wheelchairs market rapidly. Currently the global bariatric transport wheelchairs market is observing vibrant growth on the back of increasing demand of obese mobility aids in the market.On the basis of regional platform, global Bariatric Transport Wheelchairs market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
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As a developed region with growing busy lifestyles and increased consumption of unhealthy and packaged food, 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. On account of increasing uses of bariatric transport wheelchairs in growing class 2 obese population, Asia Pacific is budding as a regional bariatric transport wheelchairs utility market. 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.
Growth Drivers & Challenges
High Prevalence of Obese Population across the Globe
Active rise in personal disposable income, accompanied with technological advancements and a rising obese population accounting for 650 million obese people by 2016 as per WHO, across the globe are some of the key drivers of the bariatric transport wheelchairs market over the forecast period. Bariatric transport wheelchairs to a great extent are being utilized by corpulent population and increasing trend towards sedentary lifestyle is enhancing the utilization of these devices is expanding in this section of the population. Additionally, there has been a huge rise in the healthcare spending plans of United States, India and China that is serving as a noteworthy driving element of the bariatric transport wheelchairs market.
Increasing Healthcare Expenditure on the back of Rise in Personal Disposable Income
Moreover, the advanced progressions combined with an escalated innovative research and development in the field of wheelchairs for the purpose of bariatric transportation has geared additionally the bariatric transport wheelchairs market. The ascent of per capita pay in the rising economies of Asia Pacific as well as the developed regions of North America has further expanded the demand for bariatric transport wheelchairs. Bariatric transport wheelchairs satisfies the demand for different drive handling characteristics under varying conditions which serves as the key factor in the market growth.
Lack of Skilled Caregivers and Associated Cost Constraints
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.
Market Segmentation
Our-in depth analysis of the global Bariatric Transport Wheelchairs market includes the following segments:
By Technology
- Manual
- Automated
By BMI Classification
- Overweight
- Class I Obesity
- Class II Obesity
- Class III Obesity
By Region
Global Bariatric Transport Wheelchairs Market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis.
Top Featured Companies Dominating The Market
- Medline Industries Inc.
- Company Overview
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- Financial Performance
- Key Performance Indicators
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- SWOT Analysis
- Acorn Stairlifts
- 21st Century Scientific Inc.
- Drive Medical Design and Manufacturing
- Bios Living
- GF Health Products Inc.
- Invacare Corporation
- Karman Healthcare
- Pride Mobility
- Advanced Healthcare
