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The global automatic stair climbing wheelchair market size is estimated to grow by USD 818.66 million, at a CAGR of 13.1% between 2023 and 2028.
The growing incidence of age-related injuries or health problems is increasing the demand for automatic stair climbing wheelchairs, which are an easy and cost-effective alternative to elevators. The aging population, the increasing prevalence of chronic diseases, and the growing number of people with injuries and disabilities are driving up the demand for automatic stair climbing wheelchairs. Further, factors such as medical emergencies, long- and short-term disabilities, and the proliferation of surgical procedures are pushing the market further as medical mobility aids are needed. Conditions such as knee and hip arthritis and fractures primarily affect the elderly population. This is leading to an increase in the dependency of individuals on family members and caregivers, which therefore creates demand for the market during the forecast period.
Technavio has segmented the market into End-user, Type, and Geography
It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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