Global active wheelchair market was valued at USD1.6 billion in 2019. It is projected to grow at a compound annual rate (CAGR of 4.4%) between 2020 and 2027. Because active wheelchairs are more expensive than standard wheelchairs, they are often used every day. This category includes wheelchairs that are designed for those who want to be physically active. The majority of sports wheelchairs are active wheelchairs. These wheelchairs are lightweight and easy to use. They are available in both rigid and folding versions. You can adjust them to fit your needs and lifestyle. Market growth is expected to be driven by the continuous improvement of active wheelchair efficiency, growing geriatric population with disabilities, increasing prevalence and severity of chronic diseases, as well as increasing government support for the disabled and geriatric population.
The CDC estimates that 54.4 million Americans were affected by arthritis between 2013 and 2015. By 2040, 36.4 million adults with arthritis will report activity limitations. The WHO estimates that the global geriatric population will increase from 7.0% in 2000, to 16.0% by 2050.
The market is expected to be further fueled by rising product approvals and growing global disposable income. Market growth is expected to be further fueled by favorable reimbursement policies. Active wheelchairs can be accessed by the NHS via grants, charities or fundraising in the U.K. Patients need to be referred from a General Practitioner (GP), a healthcare professional such as a physiotherapist, occupational therapist or staff at a hospital in the country.
In 2019, the manual wheelchairs segment had a 66.8% revenue share. This is due to its lightweight, low maintenance costs, non-dependability of charging and low cost. Segment growth is expected to be driven by the increasing use of manual wheelchairs within emerging countries.
The segment of power wheelchairs is expected to grow at a higher rate than the manual wheelchairs, with a 4.6% CAGR over the forecast period. This is due to increased adoption in emerging countries and technological advances over manual wheelchairs. The market is also being driven by the increasing awareness and the increased launch of powered wheelchairs from the major companies. Powered wheelchairs are gaining popularity due to their luxurious feel, comfortability, and self-reliance.
In 2019, the cerebral palsy segment accounted for 15.5% of the total revenue. This is due to the greater dependency of cerebral palsy patients on active wheelchairs. The segment is expected to grow due to the growing prevalence of cerebral palsy.
The fastest expected growth rate for the segment of spinal cord injuries is 5.8%, owing to its increasing prevalence worldwide. According to the WHO, between 250,000 and 500,000 people sustain a spinal injury each year from road traffic accidents, falls or violence.
Europe had a 33.5% revenue share in 2019, thanks to an increase in healthcare spending and the growing number of geriatrics and disabled people in the region. The active wheelchair market is also being driven by the growing adoption of powered wheelchairs.
Asia Pacific will see the fastest growth rate due to rising awareness and increased disposable income. Market growth will be driven by rising investment in advanced active wheelchairs, and rising awareness about powered wheelchairs.
The key companies have adopted a new product launch strategy to stay competitive and increase market share. Invacare Corporation, for example, launched the Invacare FX Power Wheelchair in March 2020. It is specifically designed to meet the needs of active users. The market leader in active wheelchairs is:
Sunrise Medical
Mountain Trike
Numotion
Invictus Active
Karman Healthcare, Inc.
PER4MAX Health
MEYRA GmbH
Spinlife
Sportaid
Up Market Research published a new report titled “Active Wheelchair Market research report which is segmented by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis (Amyotrophic Lateral Sclerosis ALS, Alzheimer’s Disease), By Players/Companies Invictus Active, Mountain Trike, Sunrise Medical, MEYRA GmbH, Karman Healthcare Inc, PER4MAX Medical, Spinlife, Numotion, Sportaid”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Active Wheelchair Market Research Report |
By Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis | Amyotrophic Lateral Sclerosis ALS, Alzheimer’s Disease |
By Companies | Invictus Active, Mountain Trike, Sunrise Medical, MEYRA GmbH, Karman Healthcare Inc, PER4MAX Medical, Spinlife, Numotion, Sportaid |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 238 |
Number of Tables & Figures | 167 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis (Amyotrophic Lateral Sclerosis ALS, Alzheimer’s Disease).
Active Wheelchair Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Active Wheelchair Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Active Wheelchair Market Report:
Some other reports from this category!