A new report predicts that the global wheelchair lift market will cross $2.3 billion during 2016-2022, growing at a CAGR of close to 10%. According to the World Health Organization, the geriatric population was approximately 524 million in 2010 and is expected to reach 2 billion by 2050. Aging population, increased incidence of lifestyle diseases such as obesity, and growth of osteoarthritis among aging population are some of the prominent factors that contribute towards this growth.
Suppliers of accessibility equipment in New York offer a wide variety of wheelchair lifts (for both straight and inclined stairways) from leading brands. Designed for low-rise travel, (both indoors and outdoors), these devices allows the wheelchair user to access landings and second levels seated in the wheelchair. The growing tendency among the aging and disabled population to lead an active and independent life is one of the major factors driving the high growth of the wheelchair lift market. Other factors include –