A wheelchair is used to overcome the difficulty or impossibility of walking due to illness, injury, or disability. There are two types of wheelchairs: manual wheelchair and power or electric wheelchair. Wheelchair is used for mobility purpose by the disabled person or a person who is unable to walk post injury or due to certain illness. They can be used for outdoor as well as indoor purpose. Customized form of wheelchairs designed for daily use or specific for certain field activity are also available. Wheelchairs minimize the problems or pain of the user such as back pain, sores, digestion, and respiration. The manual wheelchair is mostly used by the patient who have upper body strength and electric wheelchairs are used by patients who feel fatigue easily.
Global Electric Wheelchair Market - Impact of the Coronavirus (COVID-19) Pandemic
Coronavirus (COVID-19) outbreak was first reported on December 31, 2019, in Wuhan, China. The World Health Organization declared COVID-19, as pandemic on March 11, 2020.
According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 186,240,393 cases and 4,027,861 deaths due to Coronavirus (COVID-19) were reported till July 11, 2021, across the globe.
Guidelines for Wheelchair Users in Coronavirus (COVID-19) Pandemic
Sunrise Medical, Inc., a company which designs and manufactures mobility products including lightweight wheelchairs, power wheelchairs, pediatric wheelchairs, and wheelchair accessories, recommended guidelines to carryout for cleaning the wheelchair in order to prevent the spread of COVID-19. The recommendations are listed below:
The global electric wheelchair market is estimated to be valued at US$ 6,387.3 Mn in 2021, and is expected to exhibit a CAGR of 10.7% over the forecast period (2021-2028).
|Base Year:||2020||Market Size in 2021:||US$ 6,387.3 Mn|
|Historical Data for:||2017 to 2020||Forecast Period:||2021 to 2028|
|Forecast Period 2021 to 2028 CAGR:||10.7%||2028 Value Projection:||US$ 13,036.4 Mn|
Invacare Corporation, Sunrise Medical (US) LLC, Permobil Inc., Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Hoveround Corporation, Ottobock Healthcare, 21st Century Scientific, Inc., Meyra GmbH, LEVO AG, Merits Co. Ltd., Segway Inc., Scewo, GF Health Products Inc., Karman Healthcare, Inc., KYMCO Healthcare, SOWECARE B.V, and Nanjing Jin Bai He Medical Apparatus Co., Ltd.
|Restraints & Challenges:||
Figure 1: Global Electric Wheelchair Market Share (%) Analysis, By Modality, 2021
The increasing geriatric population is the major factor that is expected to drive the market growth of global electric wheelchair over the forecast period.
Every country across the globe is witnessing a high growth in the geriatric population. This huge rise in geriatric population with chronic illness, co-morbidity, and different disabilities is expected to boost the global electric wheelchair market growth over the forecast period. For instance, according to World Population Prospects in 2017, 13% of the world population comprises the elder population. The population growth rate of individuals aged 60 or above is around 3% per year globally, and around 25% population is over the age of 60 in Europe, which is the greatest percentage in the world. The number of older persons in the world is projected to be 1.4 billion in 2030 and 2.1 billion in 2050, and could rise to 3.1 billion in 2100.
The rising number of product launches and approvals is expected to drive the growth of the global electric wheelchair market over the forecast period. For instance, in March 2020, Invacare Corporation, a company involved in manufacturing home medical devices, launched Invacare AVIVA FX Power Wheelchair. The design of AVIVA FX Power Wheelchair allows the tires, wheels and hubs, gearboxes, and motors to be easily removed.
Figure 2: Mobility Disability among Adults 18 Years of Age or Older in the U.S. (2019)
Global Electric Wheelchair Market – Restraints
However, electric wheelchairs are technologically advanced devices to help the disabled and older people with mobility and are often expected to show faults, inconsistent technical glitches, and other problems. Due to such technical problems, the U.S. Food and Drug Administration (FDA) often recalls the electric wheelchairs, which is expected to hamper the electric wheelchair market growth over the forecast period. For instance, in August 2018, the U.S. FDA initiated a recall of Permobil powered wheelchairs manufactured by Permobil AB, owing to the potential failure of one or both backrest bars providing back support. If one or both the back support telescoping bars fail, the user could fall back leading to a potential injury.
Global Electric Wheelchair Market – Regional Analysis
On the basis of region, the global electric wheelchair market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to hold dominant position in the global electric wheelchair market over the forecast period, owing to rising collaborations and partnerships between market players. For instance, in August 2020, Sunrise Medical announced the acquisition of two leading global pediatric brands, Leckey and Firefly to expand Sunrise Medical's existing pediatric mobility portfolio.
Figure 3: Global Electric Wheelchair Market Value (US$ Mn), by Region, 2021
Global Electric Wheelchair Market – Competitive Landscape
Major players operating in the global electric wheelchair market include Invacare Corporation, Sunrise Medical (US) LLC, Permobil Inc., Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Hoveround Corporation, Ottobock Healthcare, 21st Century Scientific, Inc., Meyra GmbH, LEVO AG, Merits Co. Ltd., Segway Inc., Scewo, GF Health Products Inc., Karman Healthcare, Inc., KYMCO Healthcare, SOWECARE B.V, and Nanjing Jin Bai He Medical Apparatus Co., Ltd.
Wheelchair is used for mobility purpose by the disabled person or a person who is unable to walk post injury or due to certain illness. There are different types of wheelchairs available in the market such as manual wheelchair and power or electric wheelchair. Increasing prevalence of spinal cord injuries and related disabilities along with increasing product launches and innovation is expected to aid in growth of the global electric wheelchair market.
Manufacturers are launching electric wheelchair, which is expected to contribute to growth of the global electric wheelchair market during the forecast period. For instance, in May 2019, Sunrise Medical, a company which manufactures and distributes advanced assistive mobility devices and solutions, announced the launch of QUICKIE Q500 M SEDEO PRO, a high performance power wheelchair designed with a highly adjustable seat frame with a broad choice of support and positioning options. Furthermore, in February 2017, Permobil launched M3 Mid-Wheel Drive Power Wheelchair. It is the first wheelchair incorporated with FlexLink full suspension technology. M3 Mid-Wheel Drive Power Wheelchair operates through center wheel drive electric wheelchair configuration.
Rising collaboration and acquisition activities by the market players is expected to drive the global electric wheelchair market. For instance, in February 2020, Sunrise Medical announced that acquisition of Oracing, a leading Spain-based designer and manufacturer of innovative sports, made-to-measure wheelchairs, and E-Mobility power products.
The innovation of autonomous/self-driving wheelchairs, fitted with visual sensors that detect objects automatically, including glass doors, by setting the destination point is the novel innovation which is expected to bolster the market growth in the near future. For instance, WHILL Inc. is a company that specializes in manufacturing of personalized electric wheelchairs, which are equipped with high sensing technologies and automatic brakes. These autonomous wheelchairs are employed in various airports to help the disabled people. Moreover, in January 2018, WHILL, Inc. announced the launch of its new Model Ci, an intelligent, personal electric vehicle (PEV) that has the power to eliminate the feeling of self-consciousness reflected in antiquated scooters and wheelchairs.
Furthermore, on June 8, 2020, WHILL Inc. announced that Haneda International Airport will be utilizing the WHILL Autonomous Drive System to optimize current PRM (passengers with reduced mobility) operation while helping to prevent spread of infection. This is a first-of-its-kind solution being applied with the intention of addressing the COVID-19 situation that is negatively impacting the world.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.