Active Wheelchair Market 2021 Industry Trends, Top Players Strategy, Future Demands, Business Growth, Challenges & Threats, Covid-19 Impact and Regional Outlook 2026
Factors driving the growth of the active wheelchair market include rising elderly populace with disability, increasing integration of various hi-tech advancements by significant industry players and positive reimbursement plans and product authorizations.
Dallas, United States – May 21, 2021 /MarketersMedia/ —
The global active wheelchair market is projected to reach USD 2.77 billion by 2028, growing at a CAGR of 4.8%. Active wheelchairs are stylish and are highly durable. The features and performance of the wheelchairs are enhanced as compared to the traditional wheelchairs. These types of wheelchairs are strong, can be adjusted according to heights, foldable, and perform great satisfying the patient or the user. As the active wheelchair is foldable, ultra-lightweight, and has many adjustment combinations, it can be carried from one place to another easily. Most importantly, the active wheelchairs can be operated by the user itself Aluminum is used for the preparation of active wheelchairs thus has high durability and is lighter.
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The manufacturing of active wheelchairs for high income countries is highly tailored and localized, which confines the product array that could be delivered cost-effectively in low income countries. Suppliers, for instance Invacare, Sunrise or Permobil, have an inadequate existence in low income countries and mostly function by way of local distributors. Custom ordered products are imported from manufacturing situates that are typically based in Europe, North America or China. The ultimate price offered to low income countries customer’s increases owing to high shipment overheads, and in a number of cases, import duties. Small volumes and limited rivalry amid distributors further increases the price.
The two types of active wheelchairs available in the active wheelchair market are folding and rigid. The physically active people can use active wheelchairs. There have been continuous improvements in the active wheelchairs’ efficiency, increasing the older population, and rising physical deformities. Also, the government-led initiatives have boosted the market growth. The patients can avail the active wheelchairs from medical practitioners, healthcare centers, physiotherapists, or from the hospital staff in the country.
There are different types of active wheelchairs available in the market such as manual wheelchair and power wheelchair provided in the Active Wheelchair Market The manual wheelchairs are lighter, need low maintenance cost, independent of charging, and overall low budget investment. Due to the benefits and affordability of active wheelchairs, they are more preferred by middle-income countries expected to propel the market growth in the forthcoming years. The power wheelchairs are also witnessing a measurable growth in the market due to advanced technologies used in it and it provides a luxurious feel. The power wheelchairs can be operated by the user itself, and offers more comfort. Power wheelchairs are more preferred in the developing and developed countries having more population of disposable incomes and financially strong users thereby stirring the Active Wheelchair Market.
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The APAC and North American countries are anticipated to see considerable growth in the Active Wheelchair Market due to enhancements and improvements in the industrial infrastructure, new manufacturing plants being opened in these regions, and new product innovations offered in the active wheelchair. Moreover, the government-enabled supportive initiatives have propelled growth in the economic conditions of the market players and improved the market for active wheelchairs in these regions. Also, Europe leads the active wheelchair market and is expected to see a considerable rise in the coming years due to the great demand for wheelchairs and growing industrialization in these regions.
However, this field faces a dearth of skilled employees which restricts the countries’ organizations from designing and developing active wheelchairs. Moreover, the adoption of the solutions provided by active wheelchairs in the developing and undeveloped countries is lesser as compared to the developed countries due to its high cost impacting the growth of the market.
Europe dominated the market for active wheelchair in 2020, while Asia Pacific is set to grow at a highest CAGR due to budding awareness regarding the use of active wheelchairs. Key players of the global active wheelchair market include Mountain Trike, Invictus Active, Numotion, Karman Healthcare, Inc., Sunrise Medical, MEYRA GmbH, PER4MAX Medical, Spinlife, Hoveround Corp, Sportaid, among others
Key segments of the global active wheelchair market
Product Type Overview, 2018-2028 (USD Billion)
Manual Wheelchairs
Power Wheelchairs
Indication Overview, 2018-2028 (USD Billion)
Alzheimer’s Disease
Amyotrophic Lateral Sclerosis
Multiple Sclerosis
Cerebral Palsy
Muscular Dystrophy
Parkinson’s Disease
Spinal Cord Injury
Other Indications
Regional Overview, 2018-2028 (USD Billion)
North America
U.S.
Canada
Europe
Germany
United Kingdom
France
Asia Pacific
China
Japan
India
Latin America
Brazil
Mexico
Middle East & Africa
GCC
South Africa
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