Paediatric Wheelchairs Market
Market Insights on Paediatric Wheelchairs covering sales outlook, demand forecast & up-to-date key trends
Paediatric Wheelchairs Market: Global Industry Analysis and Opportunity Assessment 2016-2026
Paediatric Wheelchairs Market: Global Industry Analysis and Opportunity Assessment 2016-2026 Overview
While there are a variety of products serving the needs of adult disability patients who need mobility support, there is also a niche market for paediatric wheelchairs that serve all the needs of the children who need assistance in mobility. The wheelchairs for children need to be different from the ones that are designed for adults since children have altogether different needs.
As children are constantly growing, the main feature that paediatric wheelchairs have is their adaptability. All the parts of a paediatric wheelchair are designed in such a manner that they can be adjusted as per the growth of the child and easily take more weight as time passes.
Since the paediatric wheelchairs market is an established market with a huge scope of growth, and due to supportive government policies and funding across the world, manufacturers are coming up with new models and features that make paediatric wheelchairs easy to use, lighter in weight and more adaptable to the needs of children using them.
Paediatric wheelchairs market is also growing since there is a rise in disposable income and parents want their mobility challenged children to be as independent as possible and to live a life of dignity.
Paediatric Wheelchairs Market: Drivers
As per estimates, there are over four million children under the age of 18 with disabilities in the United States alone. Also, there are rising incidences of disabilities in children and such type of children need paediatric wheelchairs to maintain a mobile and an independent lifestyle.
This is the main market driver for the paediatric wheelchairs market. Globally, the need for paediatric wheelchairs is significantly higher and it is estimated that in the developing world alone, there are 21 million people needing wheelchairs.
Hence, there is a global need for paediatric wheelchairs that is a niche market catering to children with mobility challenges. Paediatric wheelchairs need to be highly adjustable with the needs of a growing child and must be easy to adapt to ever changing needs of children.
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Paediatric Wheelchairs Market: Restraints
High cost of paediatric wheelchairs is one of the main threats to the growing paediatric wheelchairs market. Especially true for children in developing countries, where poverty and disability go hand in hand. Also, since paediatric wheelchairs are meant for children, they should be more adaptable to the ever changing needs and weight bearing requirements, otherwise they need to be replaced frequently.
This adds to the cost of maintaining a paediatric wheelchair. Also, there is a stigma associated with the use of wheelchairs and many parents would prefer to see their mobility challenged children use a stroller rather than a paediatric wheelchair.
Paediatric Wheelchairs Market: Key Regions
North America is a major and a lucrative market for paediatric wheelchairs in the world. Supportive healthcare policies of the American government and a developed healthcare market are the main drivers that have placed the North American region on top of the global paediatric wheelchairs market.
However, it is the Asia-Pacific region that is the most promising market as far as future growth of the paediatric wheelchairs market is concerned. A vast unmet need for paediatric wheelchairs in the region, combined with a rise in disposal income and increased healthcare spending by the governments in the region have made Asia-Pacific region the fastest growing paediatric wheelchairs market.
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Talk to AnalystPaediatric Wheelchairs Market: Key Market Players
Key market players include Ottobock, Invacare, Sunrise Medical, Roma Medical Aids, Guangdong Shunde Jaeyong Hardware among others.
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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