UAE Wheelchair Market to grow with a CAGR of 7.27%
Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Wheelchair Market.
According to TechSci Research report, “UAE
Wheelchair Market Industry Size, Share, Trends, Competition,
Opportunity and Forecast, 2018-2028”,
UAE Wheelchair Market has valued at USD 52.37 million in 2022 and is
anticipated to witness an impressive growth in the forecast period with a CAGR
of 7.27% through 2028. This
can be due to collaborations and partnerships among leading companies with a
diverse approach to merge the expertise of individual companies and to
strengthen their position.
The rising incidence of disabilities is
a significant driver for the demand for wheelchairs. Accidents, trauma, and injuries can lead
to temporary or permanent disabilities. Individuals recovering from accidents
may use wheelchairs as part of their rehabilitation process, contributing to
increased demand. Some individuals are born with congenital disabilities that
affect their mobility. This segment of the population may require wheelchairs
from an early age, contributing to sustained demand over time. Neurological
disorders, such as multiple sclerosis, cerebral palsy, and spinal cord
injuries, can result in mobility impairments. Wheelchairs are often essential
for individuals with these conditions to maintain independence and mobility.
Growing awareness of various
disabilities and improved diagnostic capabilities can lead to earlier
identification of mobility challenges. As awareness increases, individuals and
healthcare professionals may seek wheelchair solutions to enhance quality of
life. Efforts to create inclusive societies and improve accessibility for
individuals with disabilities contribute to the demand for wheelchairs. As more
spaces become wheelchair-accessible, the need for mobility aids rises. Shifts in lifestyle factors, including
sedentary behaviors and changes in dietary habits, contribute to the rising
incidence of health conditions that may result in disabilities. This, in turn,
can drive the demand for mobility aids like wheelchairs.
Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on " UAE Wheelchair Market.”
In October 2021, The
Sharjah Ladies Club has introduced an innovative service, the 'Beach Floating
Wheelchair,' designed exclusively for elderly women and women with
disabilities. Pioneering in Sharjah, this service is tailored to meet the
unique needs of female members. The provision of floating wheelchairs
facilitates convenient access to the beach, ensuring a secure swimming
experience within a private setting. Special ramps have been installed at the
Club's beach to facilitate easy movement. Stringent safety measures will be
implemented to safeguard the well-being of the targeted demographic. This
initiative aims to promote inclusivity, establishing a secure and supportive
space for all women.
Economic
factors pose challenges in the UAE wheelchair market, influencing both the
supply and demand sides of the market. Economic fluctuations, including changes in
income levels and employment rates, can affect the purchasing power of
consumers. A decline in purchasing power may lead to reduced demand for
wheelchairs as individuals and healthcare facilities may cut back on
non-essential expenditures. Inflationary pressures can impact the cost of
production and distribution, potentially leading to increased prices for
wheelchairs. Price sensitivity among consumers, especially in the context of
healthcare products, can influence purchasing decisions. Government spending on
healthcare and social services can significantly influence the demand for
wheelchairs. Economic downturns may lead to budget constraints, affecting the
allocation of funds for mobility aids and related services. Fluctuations
in currency exchange rates can impact the cost of importing raw materials,
components, and finished products. Changes in exchange rates may influence the
pricing and affordability of wheelchairs in the market. Changes in trade
policies, tariffs, or import/export regulations can affect the cost structure
of wheelchairs. Trade barriers may impact the competitiveness of products in
the market.
UAE Wheelchair Market is
segmented based on Product Type, Application, Institutional, Category, Type, Distribution
Channel, and by region.
Based on the Product
Type, UAE Wheelchair
Market is segmented into Manual, Powered. A manual wheelchair is a mobility
device that is operated by the user or an attendant, typically without the use
of electrical power. It is designed to assist individuals with mobility
challenges in moving from one place to another. Manual wheelchairs are widely
used by people with disabilities, temporary injuries, or other conditions that
affect their ability to walk. Manual wheelchairs typically have two large rear
wheels, also known as drive wheels. These wheels allow the user to propel
themselves forward or backward by pushing the hand rims. Front wheels, known as
casters, provide stability and allow for steering. Manual wheelchairs are
equipped with footrests or leg rests to support the user's lower limbs. These
components are often adjustable and may swing away or be removed to facilitate
easy transfer in and out of the wheelchair.
Based on Region, Abu Dhabi region held the largest share
in the UAE Wheelchair
Market. Cultural attitudes and social awareness
toward disability can influence the acceptance and utilization of wheelchairs.
Regions with greater awareness and acceptance may see a higher demand for
mobility aid. Abu Dhabi is a major tourist destination or has a significant
expatriate population, there may be a higher demand for mobility aid due to the
diverse demographics and potential accessibility needs of visitors and residents.
Abu Dhabi's status as a commercial and trade hub may lead to increased economic
activities, attracting a diverse population that includes individuals with
varying mobility needs.
Some of the major companies operating in
the UAE Wheelchair
Market include:
- Abilities
Medical Equipment
- Health
Mart L.L.C.
- Al Anwar
Medical Equipment Trdg. Co. LLC
- Invacare
UAE
- Sunrise
Medical UAE
- Drive
Devilbiss UAE
- Rehamo
- Ani Rehab
- Akces Med
- Genemax
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“Certain areas,
particularly in Dubai, are projected to exert significant demand for Wheelchair.
The growth in the competitive landscape and the presence of well-established
companies in the market, committed to enhance the overall wellbeing of people each
year, are expected to contribute to a remarkable growth of the UAE Wheelchair
Market in the forecast period," said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based Global management consulting firm.
UAE Wheelchair Market by Product Type (Manual,
Powered), By Application (Personal, Institutional), By Institutional (Hospital
& Clinics, Rehabilitation Centers, Others), By Category (Adult, Pediatric),
By Distribution Channel (Retail Sales, Non-Retail Sales), By Type (New,
Refurbished), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of UAE
Wheelchair Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide innovative market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in UAE Wheelchair Market.
Contact
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Mathews
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Research LLC
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