The history of wheelchairs dates back to the 16th and 17th century but gained popularity during the civil war in the 19th century. Ever since, wheelchairs have undergone multiple changes both in design, overall weight, and comfort. The modern day active wheelchairs come with better seating systems with adjustment options such as height, reclining features, and tilt. The increasing number of accident cases, coupled with various initiatives taken by the governments in terms of reimbursement policies are likely to help the global active wheelchair market earn significant revenues in the forecast period set from 2020 to 2030.
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Government-supported Reimbursement and Medical Insurance Policies to Aid in Expansion of Market
The active wheelchair market will gain impetus from the increasing geriatric population, coupled with the growing cases of chronic and acute diseases worldwide. Besides this, the updated forms of wheelchairs with easy adjusts, solo handling, and others. Additionally, companies operating in this market are engaging in efficient development and up gradation of wheelchairs for better performance. For instance, Invacare Corporation, one of the leading producers of medical equipment launched a high performance wheelchair model in March 2020 called the Invacare AVIVA FX Power Wheelchair. This new product claims to adjust to the comfort levels of all active wheelchair users. Initiatives such as this will help aid in expansion of the market in the long run.
Active wheelchairs are basically used for the injured, elderly, or the disabled people. However, the high prices to be paid for this may stand as a major challenge to the growth of this market. Nevertheless, medical insurance, reimbursement policies supported by the government of various nations, and other factors are likely to help this market generate significant revenue in the years to come. Latest trends in the global active wheelchair market include the advent of custom wheelchairs with premium quality, improved and smoother ride around, foldable nature, ultra-light weight bodies, and unique models. Who said wheelchairs were boring!
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