Active Wheelchair Market Overview
Active
Wheelchair Market size is estimated at $1.9 million in 2020, projected to grow
at a CAGR of 4.3% during the forecast period 2021-2026. An active wheelchair
allows the specially-abled or elderly person to be more active. Tremendous
selection of active wheelchairs in residences by the specially-abled and
elderly populace and choice of the active wheelchair by patients enduring
spinal cord injury and other pertinent injuries are the principal determinants
impelling the progress of the Active Wheelchair Market. As per the Centers for
Disease Control and Prevention (CDC), musculoskeletal disorder (MSD) is hurt or
affliction of the nerves, joints, muscles, tendons, spinal discs, and
cartilage. Musculoskeletal disorder may be referred to as a musculoskeletal
disease. Musculoskeletal disease is typified by cartilage or bone deformities
of regeneration, deficiency of curing, unrestrained/transformed generation, and
so on. As per CDC, work-related musculoskeletal disorders (WMSD) are diseases
in which the work atmosphere coupled with the performance of work are conducive
to the disease, and the disease is aggravated or continues for a longer
duration owing to the work environment. Motor neurone disease (MND) is a rare
disease that influences the brain and nerves. Motor neurone disease brings
about frailty that gets worse over a period of time. Motor neurone disease has
no cure. However, there are healing techniques to support the decrease of the
effect on the everyday life of a patient. Mobility scooters are electric
vehicles and mobility support counterpart or accessory to a power wheelchair
but set up similar to a motorscooter. If motorized, they are typically termed
as power-operated vehicles/scooters, handicap scooters, or electric scooters.
Non-motorized mobility scooters are fewer in the count and are designed for
wheelchair users who can utilize their legs to some extent. The constant
enhancement in active wheelchair effectiveness and the rising predominance of
incessant ailments are propelling the Active Wheelchair market during the
forecast period 2021-2026.
Report Coverage
The report: “Active Wheelchair Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Active Wheelchair Market.
By Product Type: Manual
Wheelchairs, Power Wheelchairs.
By Indication: Alzheimer’s Disease, Amyotrophic Lateral
Sclerosis, Multiple Sclerosis, Diabetes, Cerebral Palsy, Muscular Dystrophy,
Parkinson’s Disease, Spinal Cord Injury, Others.
By End Users: Hospitals, Rehab Centers, Home, Sports
& Athletics.
By Geography: North America (U.S, Canada, and Mexico), Europe (UK, Germany,
France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, India,
Japan, South Korea, Australia & New Zealand, and Rest of Asia Pacific),
South America (Brazil, Argentina, Rest of South America) and Rest Of The World
(Middle East, Africa).
Key Takeaways
- Active Wheelchair Market growth is being driven by the increasing cases of diseases like cerebral palsy, and motor neurone disease owing to aberrant brain growth or hurt to the growing brain and hereditary factors.
- Geographically, the North American Active Wheelchair Market dominated the Active Wheelchair market share in 2020 owing to the increasing geriatric populace and boost in the selection of progressive wheelchairs. Furthermore, the presence of key players like Sunrise Medical and Carex Health Brands in the North American region are fuelling the Active Wheelchair market during the forecast period 2021-2026,
- Active Wheelchairs are utilized by specially-abled patients with diseases like musculoskeletal disease and motor neurone disease and people from the senior age brackets owing to the enhanced mobility, freedom, heightened self-esteem, and self-confidence attained. Furthermore, better health, quality of life, admission into the community, and economic advantages gained by active wheelchairs are propelling the Active Wheelchair market during the forecast period 2021-2026.
- The surging demand for active wheelchairs owing to a boost in post-surgical processes is driving the Active Wheelchair market during the forecast period 2021-2026.
Active Wheelchair Market Segment Analysis – By Product Type:
Based on Product Type, Manual Active Wheelchair Market accounted
for the largest revenue market share in 2020 owing to the reduced cost and the
lesser weight. Furthermore, the lower maintenance cost, the non-reliance on
charging, and the increasing utilization of manual wheelchairs in developing
economies are driving the growth of the Manual Active Wheelchair segment.
Mobility scooters are utilized by people who do not have the stamina to utilize
an active manual wheelchair. The Power Active Wheelchair segment is estimated
to grow with the fastest CAGR of 5.2% during the forecast period 2021-2026,
owing to their heightening acceptance in developing economies and the
cutting-edge technology employed. Power active wheelchairs are gaining
increased recognition owing to their affluent touch, independence. Furthermore,
a boost in the introduction of power active wheelchairs by key players and
expanding awareness of power active wheelchairs are fueling the growth of this
segment during the forecast period 2021-2026.
Active Wheelchair Market Segment Analysis – By Indication :
Based
on Indication, the Cerebral Palsy
segment dominates the Active Wheelchair Market
in 2020 owing to the greater reliance of patients enduring cerebral
palsy on active wheelchairs. Furthermore, the
hike in the count of cerebral palsy cases is estimated to drive the growth of
this segment. As per WHO estimates, somewhere
between 250,000 and 500,000 people endure a Spinal Cord Injury (SCI) on an
annual basis globally. The maximum number of cases originate from avertable
reasons like road-traffic accidents, falls, or assaults. Motor neurone disease
is another typical ailment of people utilizing an active wheelchair. The Spinal Cord Injury (SCI) segment is estimated to grow with the fastest CAGR of 5.5% during the forecast period 2021-2026, owing to the
increased number of falls among senior citizens and traumatic causes.
Active Wheelchair Market Segment Analysis – By Geography:
Based
on Geography, North America Active Wheelchair
Market accounted for the dominant revenue share of 35% in 2020 owing to the rising geriatric populace in
the North American region. As per the Centers For Disease Control and Prevention
(CDC), 6.2 million Americans are assessed to be residing with
Alzheimer’s disease in 2021. It is the fifth chief agent of demise for mature
grown-ups aged 65 years and over and the sixth chief agent of demise for a
mature grown-up. This
determinant, coupled with cases of motor neurone disease, is fuelling the progress of the Active Wheelchair market in the North-American region. Asia Pacific is
estimated to grow with the fastest CAGR in the forecast period 2021- 2026,
owing to the boost in knowledge about wheelchairs and the rising
disposable income. Furthermore, the expanding
investment for the development of progressive active wheelchairs is driving the growth of the Active Wheelchair market during the forecast period 2021-2026 in the
Asia Pacific region.
Active Wheelchair Market - Drivers
Technological Innovation is Expected to Propel the Demand for Active Wheelchair:
According to
World Economic Forum, presently, there are nearly 131 million end users of
wheelchairs at a global level. The design of wheelchairs on a large scale has
not altered much over the last forty years. Implementing the current digital
technology can enhance mobility, security, and convenience of specially-abled
people enduring ailments like motor neurone disease or the elderly populace.
The digital technologies constituting the Fourth Industrial Revolution promise
to make ample enhancements to the quality of life of communities. In South
Korea, Guru IoT, an Internet of Things organization, has developed a
self-driving wheelchair utilizing the idea of digital twinning. Saved on a
cloud-computing platform, a comprehensive map can be connected to, by the
wheelchair, permitting it to guide its way round its surroundings securely.
This technique is more economical than setting it up with sensors linked to the
internet, sending and accepting data in real-time. It is equipped with added
security technology and proximity sensors. The utilization of a digital twin
map rather than technology with global positioning data could turn the chair
into an affordable product suitable for the mass market. The application of the most recent digital technology
for recreating the wheelchair coupled with existing mobility support
accessories like mobility scooters is fuelling the
demand for the Active Wheelchair market during the
forecast period 2021-2026.
Active Wheelchair Market – Challenges
Imbalance in Supply and Demand of Wheelchairs in Developing Economies may Pose Hindrance to Market Expansion:
As per WHO figures, 1% of the global populace, which constitutes 75
million people, need a wheelchair. Communities needing wheelchairs are those
with movability restraints and may include individuals with innate congenital irregularities
and individuals with developmental and neurological ailments like muscular dystrophy
and cerebral palsy, and so on. Four out of five people requiring a wheelchair
reside in lower-middle-income economies (LMIC), and developing nations make up
the greatest unfulfilled requirement. This issue is
challenging the growth of the Active Wheelchair
market.
Active Wheelchair Market - Landscape:
The Active Wheelchair Market’s main strategies include innovative product
launches, mergers and acquisitions, joint ventures, and R&D activities. Active Wheelchair Market top 10
companies are listed below:
- Sunrise Medical
- Mountain Trike
- Numotion
- Invictus Active
- Karman Healthcare, Inc.
- PER4MAX Medical
- MEYRA GmbH
- Spinlife
- Sportaid
- Carex Health Brands, Inc.
Acquisitions/Product Launches:
- In August 2020, Sunrise Medical, a global chief provider of progressive, serviceable mobility solutions, declared the planned acquisition of two chief international pediatric brands, namely Leckey and Firefly. The acquisition of James Leckey Design, in conjunction with its subdivisions Firefly Friends and Vida Global, fundamentally develops the pediatric product and service contribution of Sunrise Medical within remedial care and offers a powerful reciprocal fit with the current pediatric mobility portfolio of Sunrise Medical.
- As per an online report, In July 2020, Ezvid Wiki, a California-based video wiki company, got in touch with the
Mountain Trike company. The Mountain
Trike company was founded with all its terrain wheelchair products and promoted
in the wiki video: “5 Organizations and Companies Helping People with Mobility
Issues”.
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