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Global Power Assist Wheelchair Market: By Type: Indoor, Outdoor, All Terrain; By Propulsion: Front-wheel Drive, Rear-wheel Drive, Mid-wheel Drive; By Chair Type; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Power Assist Wheelchair Market Outlook
The global power assist wheelchair market is significantly supported by the growth of global wheelchair market, which reached a value of about USD 6.1 billion in 2020. The global wheelchair market is further expected to grow at a CAGR of 5.2% in the forecast period of 2021-2026 to reach a value of approximately USD 8.3 billion by 2026.
Technological Advancements to bolster the Power Assist Wheelchair Industry Growth
The rise in technological advancements and innovations focused on improving the aspects of the wheelchair has increased the growth of the power assist wheelchair industry. The market for power assist wheelchair is being driven by the enhancements in technology and the growing popularity of wheelchair sports, which are increasing the growth of the power assist wheelchair industry to a great extent. The advanced designs support a wide range of users as it offers affordable as well as high price range, as a result, invigorating the market growth.
The introduction of a wide variety of types of wheelchairs that differ in propulsion methods, mechanism, technology and specifications, make power assist wheelchair desirable --thereby boosting the market growth. With advancements in wheelchair frames using different materials to make it user-specific, the industry is catering specifically and focusing on the user. With the rising demand for advanced wheelchair to cater to various physical needs and the diversity of users, the power assist wheelchair industry can foresee a high growth rate over the forecast period.
Power Assist Wheelchair: Industry Definition and Segmentation
The power assist wheelchairs help overcome the problem of terrains. With power assist, the wheelchair is able to maneuver through inclines and declines. However, this isn’t the only benefit, a state of the art power assist wheelchair comes with smart software driven motors that provide intuitive assistance. The user is able to control the wheelchair with more ease and more configurations and can be designed to make it user-specific.
Based on type, the market is divided into:
- Indoor
- Outdoor
- All Terrain
Based on propulsion, the market is divided into:
- Front-Wheel Drive
- Rear-Wheel Drive
- Mid-Wheel Drive
Based on chair type, the market is categorized into:
- Standard
- Elevating and Standing
Based on distribution channel, the market is segregated into:
- Offline
- Online
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Rising Demand of Wheelchairs in the Sports Industry to Boost Power Assist Wheelchair Industry
Specialized sports wheelchairs are being designed to be accessible for all user types, as a result, strengthening market growth. Further, wheelchair sports, such as wheelchair basketball, wheelchair tennis, and wheelchair rugby, etc. are currently being endorsed and sponsored by sports federations and sports brands, thereby bolstering the power assist wheelchair industry. These wheelchairs come in different sizes, are adjustable, highly stable and maneuverable, which make them highly desirable, consequently boosting the growth of this market. Moreover, with the growth of Paralympics and other sports for the disabled, the power assist wheelchair market is predicted to witness the thriving demand for wheelchairs during the forecast period.
Key Industry Players in the Global Power Assist Wheelchair Market
The report gives a detailed analysis of the following key players in the global power assist wheelchair market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Sunrise Medical (US) LLC
- Pride Mobility Products Corp.
- Karma Medical Products Co., LTD.
- Meyra GmbH
- Invacare Corporation
- Amylior Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Power Assist Wheelchair Market Analysis
8.1 Key Industry Highlights
8.2 Global Power Assist Wheelchair Historical Market (2016-2020)
8.3 Global Power Assist Wheelchair Market Forecast (2021-2026)
8.4 Global Power Assist Wheelchair Market by Type
8.4.1 Indoor
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Outdoor
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 All Terrain
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.5 Global Power Assist Wheelchair Market by Propulsion
8.5.1 Front-wheel Drive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Rear-wheel Drive
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Mid-wheel Drive
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.6 Global Power Assist Wheelchair Market by Chair Type
8.6.1 Standard
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Elevating and Standing
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Power Assist Wheelchair Market by Distribution Channel
8.7.1 Offline
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2016-2020)
8.7.1.3 Forecast Trend (2021-2026)
8.7.2 Online
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2016-2020)
8.7.2.3 Forecast Trend (2021-2026)
8.8 Global Power Assist Wheelchair Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Sunrise Medical (US) LLC
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Pride Mobility Products Corp.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Karma Medical Products Co., LTD.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Meyra GmbH
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Invacare Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Amylior Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Power Assist Wheelchair Market: Key Industry Highlights, 2016 and 2026
2. Global Power Assist Wheelchair Historical Market: Breakup by Type (USD Billion), 2016-2020
3. Global Power Assist Wheelchair Market Forecast: Breakup by Type (USD Billion), 2021-2026
4. Global Power Assist Wheelchair Historical Market: Breakup by Propulsion (USD Billion), 2016-2020
5. Global Power Assist Wheelchair Market Forecast: Breakup by Propulsion (USD Billion), 2021-2026
6. Global Power Assist Wheelchair Historical Market: Breakup by Chair Type (USD Billion), 2016-2020
7. Global Power Assist Wheelchair Market Forecast: Breakup by Chair Type (USD Billion), 2021-2026
8. Global Power Assist Wheelchair Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
9. Global Power Assist Wheelchair Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
10. Global Power Assist Wheelchair Historical Market: Breakup by Region (USD Billion), 2016-2020
11. Global Power Assist Wheelchair Market Forecast: Breakup by Region (USD Billion), 2021-2026
12. North America Power Assist Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
13. North America Power Assist Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Europe Power Assist Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Europe Power Assist Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Asia Pacific Power Assist Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Asia Pacific Power Assist Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Latin America Power Assist Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Latin America Power Assist Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Middle East and Africa Power Assist Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
21. Middle East and Africa Power Assist Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
22. Global Power Assist Wheelchair Market Structure
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