The global gel wheelchair cushion market is anticipated to grow at a CAGR of 2.8 % during the forecast period (2022-2028). The global gel wheelchair cushion market is growing due to the increasing geriatric population globally. According to a report by the United Nation in 2019, there are almost 703 million persons with age more than 65 years globally. The number is estimated to be 1.5 billion by 2050.
The growing prevalence of medical disorders which requires wheelchair support is also expected to boost the growth of the market. The development in healthcare infrastructure and adoption of smart-care systems across the globe is supporting the growth of the market during the forecast period. Furthermore, the increasing awareness of gel wheelchair cushions for the comfortable seating of patients is also expected to drive the growth of the market.
Huge investment by the major market players for research and development and coming up with innovations in technology and product launches is further driving the demand for gel wheelchair cushions. The increasing rate of road accidents that causes temporary or permanent physical disability is considered one of the important factors for the growth of the gel wheelchair cushion market. The rise in disposable income in emerging economic countries and their expenditure towards a comfortable lifestyle by using a wheelchair with advanced features is also driving the growth of the market. Moreover, the rising prevalence of walking disabilities and spinal cord injuries is also boosting the demand for the gel wheelchair cushion market. Although, advanced wheelchairs are expected to have a bit high price a well-established reimbursement scenario is further expected to propel the growth of the global gel wheelchair cushion market in the forecast period.
Some major players in the market include Cascade Designs, Inc., Comfort Co., Supracor, Inc., Permobil, Alimed Inc., Invacare Corp., Ottobock, Medical Depot, Action Products, Inc., and Trulife among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Cascade Designs, Inc., Comfort Co., Supracor, Inc., Permobil, Alimed Inc., Invacare Corp., Ottobock, Medical Depot, Action Products, Inc., Trulife, and others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
A full report of Global Gel Wheelchair Cushion Market is available at: https://orionmarketreports.com/global-gel-wheelchair-cushion-market/112579/
Global Gel Wheelchair Cushion Market Report by Segment
By Application
- Hospitals
- Family Expenses
- Others
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