Portable ramps are ramps which can be carried anywhere in order make the movement of wheelchairs trouble-free. The ramps are light weight and user friendly, making them essential for people with walking difficulties. They offer convenient handling and usage as they can be attached to vehicles and curbs and can be easily assembled whenever the requirement arises. These ramps are manufactured for cars, trucks, vans and other vehicles along with building entrances and other such high places where wheelchairs are not able to move.
The materials used for manufacturing portable ramps vary from aluminum, which is a lightweight but strong metal, to rubber, which provides the ease of pushing a wheelchair across it.
The demand for portable ramps is estimated to increase significantly during the upcoming years. Growing developments in technology and rise in elderly population are major factors contributing to the growth of portable ramps market. Additionally, increasing requirement of portable ramps by people with physical disabilities or among the elderly citizens is a major factor contributing to the growth of the market.
National Center for Health Statistics reported that the number of adults who were unable to walk a quarter mile was found to be 17.6 million, i.e., 7.1% of the total population of the U.S. in 2017. The growing number of people having difficulty in walking which can be attributed to deteriorating health, physical injuries and permanent physical disabilities is resulting in growth of the market.
The portable ramps market is anticipated to grow at a significant CAGR over the forecast period, i.e., 2019-2027. The market is segmented by product type into foldable ramps, roll up ramps, threshold ramps, platform ramps and others, out of which, the threshold ramps segment is anticipated to hold the largest share in portable ramps market on account of higher demand for the product. Portable threshold ramps are placed at the entrance of a room or doorway in order to aid the user in crossing of the threshold. DOWNLOAD SAMPLE REPORT
The emerging global economy is another factor resulting in rising demand for portable ramps. This can be attributed to the growing developments in the healthcare sector and increasing expenditure on medical facilities and equipment. Additionally, the ease of usage of portable ramps and improved mobility which it provides is also estimated to lead to the growth of the portable ramps market during the forecast period.
Increasing cases of people with walking disabilities, whether temporary or permanent, is a major growth driver for portable ramps market. The market growth can also be attributed to rising elderly population across the world. Additionally, growing awareness among physically disabled population is another driver boosting the market growth.
The main advantage of portable ramps is that they can be carried anywhere and can be assembled and dismantled with ease. These ramps can be attached with vehicles and building entrances, providing easy mobility to people using wheelchairs. The user-friendly nature of portable ramps is anticipated to significantly drive the growth of the market during the forecast period.
The growing developments in healthcare infrastructure across various regions is leading to increasing demand for portable ramps in the market. The increased expenditure by people on medical facilities including devices and equipment is another factor supporting the steady growth of portable ramps market.
The manipulation of product prices by the leading companies along with availability of poor quality products which are provided by the local players in portable ramps market along with rising competition in the market is estimated to negatively affect the growth of the market over the forecast period.
Our in-depth analysis of the portable ramps market includes the following segments:
On the basis of regional analysis, the portable ramps market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The portable ramps market in North America is anticipated to hold the largest market share owing to presence of key portable ramp manufacturers in the region. Highly developed infrastructure and increasing disposable income of the population is leading to increased expenditure on portable ramps, which is further estimated to expand the market. Additionally, availability of a wide variety of portable ramps with different shapes and sizes, suitable for everyone is estimated to positively impact the market size during forecast period.
The market in Asia-Pacific is estimated to grow at the highest rate during the forecast period which can be attributed to the growing awareness among physically disabled and growing geriatric population in the region.
The portable ramps market is further classified on the basis of region as follows:
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