Global Active Wheelchair Market by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis (Amyotrophic Lateral Sclerosis ALS, Alzheimer’s Disease) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
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.
Product Type Insights
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.
Indication Insights
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.
Regional Insights
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.
Market Share Insights & Key Companies
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:
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Sunrise Medical
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Mountain Trike
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Numotion
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Invictus Active
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Karman Healthcare, Inc.
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PER4MAX Health
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MEYRA GmbH
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Spinlife
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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 Scope
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.
Global Active Wheelchair Market Report Segments:
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:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Active Wheelchair Market
Overview of the regional outlook of the Active Wheelchair Market:
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.
Highlights of The Active Wheelchair Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Active Wheelchair Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Amyotrophic Lateral Sclerosis ALS
2. Alzheimer’s Disease
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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:
- Correctly Positioning New Products
- Market Entry Strategies
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Reasons to Purchase the Active Wheelchair Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Active Wheelchair Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Active Wheelchair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Active Wheelchair Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Active Wheelchair Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Active Wheelchair Market Size & Forecast, 2018-2028
4.5.1 Active Wheelchair Market Size and Y-o-Y Growth
4.5.2 Active Wheelchair Market Absolute $ Opportunity
Chapter 5 Global Active Wheelchair Market Analysis and Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
5.1.2 Basis Point Share (BPS) Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
5.1.3 Absolute $ Opportunity Assessment by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
5.2 Active Wheelchair Market Size Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
5.2.1 Amyotrophic Lateral Sclerosis ALS
5.2.2 Alzheimer’s Disease
5.3 Market Attractiveness Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
Chapter 6 Global Active Wheelchair Market Analysis and Forecast by Region
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Region
6.1.2 Basis Point Share (BPS) Analysis by Region
6.1.3 Absolute $ Opportunity Assessment by Region
6.2 Active Wheelchair Market Size Forecast by Region
6.2.1 North America
6.2.2 Europe
6.2.3 Asia Pacific
6.2.4 Latin America
6.2.5 Middle East & Africa (MEA)
6.3 Market Attractiveness Analysis by Region
Chapter 7 Coronavirus Disease (COVID-19) Impact
7.1 Introduction
7.2 Current & Future Impact Analysis
7.3 Economic Impact Analysis
7.4 Government Policies
7.5 Investment Scenario
Chapter 8 North America Active Wheelchair Analysis and Forecast
8.1 Introduction
8.2 North America Active Wheelchair Market Size Forecast by Country
8.2.1 U.S.
8.2.2 Canada
8.3 Basis Point Share (BPS) Analysis by Country
8.4 Absolute $ Opportunity Assessment by Country
8.5 Market Attractiveness Analysis by Country
8.6 North America Active Wheelchair Market Size Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
8.6.1 Amyotrophic Lateral Sclerosis ALS
8.6.2 Alzheimer’s Disease
8.7 Basis Point Share (BPS) Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
8.8 Absolute $ Opportunity Assessment by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
8.9 Market Attractiveness Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
Chapter 9 Europe Active Wheelchair Analysis and Forecast
9.1 Introduction
9.2 Europe Active Wheelchair Market Size Forecast by Country
9.2.1 Germany
9.2.2 France
9.2.3 Italy
9.2.4 U.K.
9.2.5 Spain
9.2.6 Russia
9.2.7 Rest of Europe
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 Europe Active Wheelchair Market Size Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
9.6.1 Amyotrophic Lateral Sclerosis ALS
9.6.2 Alzheimer’s Disease
9.7 Basis Point Share (BPS) Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
9.8 Absolute $ Opportunity Assessment by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
9.9 Market Attractiveness Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
Chapter 10 Asia Pacific Active Wheelchair Analysis and Forecast
10.1 Introduction
10.2 Asia Pacific Active Wheelchair Market Size Forecast by Country
10.2.1 China
10.2.2 Japan
10.2.3 South Korea
10.2.4 India
10.2.5 Australia
10.2.6 South East Asia (SEA)
10.2.7 Rest of Asia Pacific (APAC)
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Asia Pacific Active Wheelchair Market Size Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
10.6.1 Amyotrophic Lateral Sclerosis ALS
10.6.2 Alzheimer’s Disease
10.7 Basis Point Share (BPS) Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
10.8 Absolute $ Opportunity Assessment by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
10.9 Market Attractiveness Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
Chapter 11 Latin America Active Wheelchair Analysis and Forecast
11.1 Introduction
11.2 Latin America Active Wheelchair Market Size Forecast by Country
11.2.1 Brazil
11.2.2 Mexico
11.2.3 Rest of Latin America (LATAM)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Latin America Active Wheelchair Market Size Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
11.6.1 Amyotrophic Lateral Sclerosis ALS
11.6.2 Alzheimer’s Disease
11.7 Basis Point Share (BPS) Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
11.8 Absolute $ Opportunity Assessment by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
11.9 Market Attractiveness Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
Chapter 12 Middle East & Africa (MEA) Active Wheelchair Analysis and Forecast
12.1 Introduction
12.2 Middle East & Africa (MEA) Active Wheelchair Market Size Forecast by Country
12.2.1 Saudi Arabia
12.2.2 South Africa
12.2.3 UAE
12.2.4 Rest of Middle East & Africa (MEA)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Middle East & Africa (MEA) Active Wheelchair Market Size Forecast by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
12.6.1 Amyotrophic Lateral Sclerosis ALS
12.6.2 Alzheimer’s Disease
12.7 Basis Point Share (BPS) Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
12.8 Absolute $ Opportunity Assessment by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
12.9 Market Attractiveness Analysis by Indication (Alzheimer’s DiseaseAmyotrophic Lateral Sclerosis
Chapter 13 Competition Landscape
13.1 Active Wheelchair Market: Competitive Dashboard
13.2 Global Active Wheelchair Market: Market Share Analysis, 2019
13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
13.3.1 Invictus Active
13.3.2 Mountain Trike
13.3.3 Sunrise Medical
13.3.4 MEYRA GmbH
13.3.5 Karman Healthcare Inc
13.3.6 PER4MAX Medical
13.3.7 Spinlife
13.3.8 Numotion
13.3.9 Sportaid