Folding Wheelchair Market By Product (Tilting Wheelchair, Recliner Wheelchair, Other) By Application (Standard, Sports, Bariatric Wheelchair, and Others) End User (Homecare and Healthcare Institution and Others) and Geography

 

Folding Wheelchair Market size was valued at USD x billion in 2021 and is projected to reach USD x billion by 2028 at a CAGR of x% during the forecast period 2022 to 2028. This report studies global folding wheelchair system market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global folding wheelchair market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global folding market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged. It has been estimated with a significant growth with the help of key drivers which include differently-abled and geriatric population. There a restrain which may hamper the growth of the market is the repair and maintenances with size and weight. Improving healthcare infrastructure and technology open up opportunities. Hence the increasing geriatric population ultimately has a positive impact on global folding wheelchair market growth. In Dec 2018 Hoobox Robotics, a provider of artificial intelligence (AI)-based technology, teamed up with Intel, an American multinational corporation, to develop the latest Wheelie 7 kit. It is an AI-based technology that aids the disabled users in controlling a motorized wheelchair by facial expressions.