Wheelchair Accessible Vehicle Converters Market - Qualitative Application Analysis 2025 | BraunAbility, Vantage Mobility International
In the United States, one out of every five adults has a disability, according to a new study published by the Centers for Disease Control and Prevention. The most common functional disability type was a mobility limitation – defined as serious difficulty in walking or climbing stairs — reported by one in eight adults, followed by disability in thinking and/or memory, independent living, vision, and self-care.
Request Sample Copy of the Report @
North America wheelchair market is set to soar in the next couple of years owing to new product launches. Players in the industry are seen expending substantial amounts on building more sophisticated products. Strong government funding and subsidies in the sector, alongside the rising number of physically disabled people is also predicted to have a positive influence on the market. The latter is mainly on account of the rising cases of trauma causing disabilities and also a large pool elderly in the region.
Overall, the North America wheelchair market is dynamic in nature. This is because of the increasing mergers and acquisitions owing to players efforts to further bolster their positions. Already, the market is consolidated with the handful of leading players accounting for a substantial share in the market. Savvy players in the market are also seen focusing on improving their distribution networks and carrying out various awareness generation programs.
Currently, the U.S. mainly powers the North America wheelchair market – it already accounts for a significant share in it. This is because of an alarming rise in the number of differently-abled people in the country and generous government funding. High spending capacity of people, presence of numerous manufacturers unveiling more effective products every now and then, and a superior healthcare infrastructure has also helped the market in North America.
Request TOC of the Report @
North America Wheelchair Accessible Vehicle Converters Market: Overview
The North America wheelchair accessible vehicle converters market is envisaged to testify industry players taking to the introduction of advanced and novel products as part of their core strategic expansion plans. The market could also see the rise of mergers and acquisitions as players look to cement their status in the industry. In terms of entry modality, ramps could secure a dominating share in the market due to their relatively low maintenance and installation expenses and ease of use. By entry mode, the market could witness the dominance of side entry vehicles expansively demanded in the region due to the improving development rate of manufacturers supported by increased consumer spending.
North America Wheelchair Accessible Vehicle Converters Market: Key Trends
The North America wheelchair accessible vehicle converters market is foreseen to cash in on growth opportunities birthing from the rising count of differently-abled people. Over the past few years, the market has been showcasing a promising growth for players to bank on. The increase in the introduction of inexpensive mobility gadgets and swelling need for accessible vehicles that are user friendly could be among the primary reasons for the growth witnessed in the market. In the near future, players could be lavished upon favorable growth prospects arising due to increasing geriatric population and escalating count of trauma cases causing disabilities.
As per type of vehicle, full-size vehicle is expected to account for a lion’s share in the North America wheelchair accessible vehicle converters market. This could be because of the rising purchase of wheelchair accessible vehicles among families with differently-abled members.
North America Wheelchair Accessible Vehicle Converters Market: Market Potential
An outdoor mobility vehicle solution has been planned to be launched commercially in 2018 by three founders of NeoMotion, known as ‘Team Aseem.’ Enable Makeathon of the International Committee of the Red Cross (ICRC) had incubated their venture in 2016. An easy and a quick external attachment for manual wheelchairs has been designed by the startup which could convert them into outdoor mobility devices capable of traveling to long distances. In order to meet the needs of users, the attachment will be made available in both motorized and manual (hand cycle) mode.
Read Comprehensive Overview of Report @
North America Wheelchair Accessible Vehicle Converters Market: Regional Outlook
The U.S. is anticipated to continue with its lead secured in the recent past. In 2015, the country had attained a colossal share in the North America wheelchair accessible vehicle converters market. Owing to the presence of a large number of differently-abled people in the country, the U.S. could maintain its lead in the market for the coming years. The U.S. market for wheelchair accessible vehicle converters is also foretold to gain momentum from the increase in government funding.
Several governments around the globe have been boosting the sale of wheelchair accessible vehicles with their strong funding. Furthermore, a mounting count of initiatives taken by manufacturers to increase awareness about wheelchair accessible vehicle converters could add to the growth of the market.
North America Wheelchair Accessible Vehicle Converters Market: Competitive Landscape
Powerful players, viz. BraunAbility, Vantage Mobility International, and Mobility Ventures LLC are prophesied to take a leading position in the North America wheelchair accessible vehicle converters market. Experienced analysts predict the market’s vendor landscape to hold a highly competitive and a moderately fragmented nature.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wheelchair Accessible Vehicle Converters Market - Qualitative Application Analysis 2025 | BraunAbility, Vantage Mobility International here
News-ID: 1191278 • Views: 136
More Releases from TMR Research
IoT in Manufacturing Market Present, History, Future and Forecast 2025 | IBM Cor …
Global IoT in Manufacturing Market: Snapshot The global IoT in manufacturing market is driven by an increasing need for centralized monitoring and predictive maintenance of manufacturing infrastructure. The growing demand for operational efficiency, agile production, operational control, and connected logistics will also support the growth of the IoT in manufacturing market. The global IoT in manufacturing market is highly fragmented with the presence of both large and small companies in high
Airport Retailing Market Global Industry Trends Analysis 2025 | World Duty Free …
Global Airport Retailing Market: Snapshot Airport retailing is basically the presence of many retail services of many products inside the airport for providing enhanced convenience to the people travelling. Airport retailing also delivers a broader variety of merchandizes and is a comparatively easy choice for travelers. As many retailers tend to think that airport retailing is just strategy diversification and market expansion. However, this kind of thinking is expected to lead
Incident Response Services Market Overview and Outlook 2017 to 2025 | Dell Secur …
Global Incident Response Services Market: Snapshot Incident response refers to the management and active efforts taken after an attack or a security breach has taken place. Incident response services primarily deal with an organized approach towards the incident and most service providers adhere to the core goal of managing the incident in a way that will reduce damage in terms of time and money. Incident response service providers usually incorporate plans
Telecom Cloud Billing Market Development, Application and Forecast 2025 | Ericss …
Global Telecom Cloud Billing Market: Snapshot The global telecom cloud billing market is projected to be a forward-looking breeding ground of lucrative prospects birthing from the advent of cloud computing as a mainstream IT strategy. Cloud computing is the new in telecom billing that catalyzes important modifications in traditional billing architectures. Anticipated to reshape conventional billing concepts, cloud computing enables the deliverance of highly scalable IT resources directly over the web
More Releases for North
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
North American Surgical Gowns Market
The North American Surgical Gowns Market 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. The global surgical apparels market is growing at a significant rate due to increasing number of surgeries, and technological advancement in the field. Some of the surgical apparels available
Web Design in North London
Darcy Developments has moved to the West Hampstead area of North London. Originally based in Manchester and building up a strong client base there, including the exclusive Manchester Grammar School, they have decided to up shop and make the move to the big city. They specialise in Web Design, with an emphasis on clean, simple layouts with a strong message associated with it. They also provide ecommerce solutions such as Paypal integration
The Jewel of the North
It is fair to say that Blackpool is a well known holiday destination not only in the UK and Ireland but also around the world, and is known as ‘The Jewel of the North’, or some refer to Blackpool as the ‘playground of the North, or even ‘Britain’s Las Vegas’. This ‘Jewel’ has much to offer the tourist, it is a very traditional English Victorian seaside town, boasting many attractions, such
LTC North India Tour Packages
LTC TOURS is one of well known travel tour operator among the tourist from all over the world, touring India, Thailand, Malaysia & Singapore, Srilanka, Dubai, London, Paris and more. Our one of the tour package is LTC North India Tour Packages in which we are exploring the complete beauty of North India like Delhi, Rajasthan, Bikaner, and Jaisalmer. In LTC North India Tour Packages, we cover Rajasthan culture, heritage, forts
ClickCulture Promotes North Carolina Worldwide
Race Team Sponsorship Includes North Carolina Flag Vehicle Wrap RALEIGH, N.C. (June 8, 2009)—ClickCulture Inc. (clickculture.com), a Raleigh-based Web technologies, design and integrated marketing firm, announces today its sponsorship of Creation Autosportif (creationsport.net). The sponsorship includes the North Carolina state flag graphically wrapped on Creation's Le Mans race car. The newly wrapped car will debut at the 77th running of the Le Mans 24 Hour race, held June 13 and 14