Market Overview:
The global indoor power wheelchair market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of disabilities, growing geriatric population, and rising demand for electric wheelchairs in hospitals and homes. Based on type, the global indoor power wheelchair market is segmented into centre wheel drive electric wheelchairs, front wheel drive electric wheelchairs, and standing electric wheelchairs. The centrewheel drive electric wheelchair segment is expected to dominate the market during the forecast period owing to its high manoeuvrability and easy handling. Based on application, the hospital segment is expected to account for a major share of the global indoor power wheelchair market duringthe forecast period owingtoits growing demand from geriatric population suffering from various disabilities.
Product Definition:
An Indoor Power Wheelchair is a wheelchair that is designed for use indoors. It has a motor that allows the user to propel the wheelchair using a joystick or other controller. This type of wheelchair is important because it allows people with mobility issues to stay mobile inside their homes and other indoor spaces.
Centre Wheel Drive Electric Wheelchair:
The Centre Wheel Drive (CWD) electric wheelchair is a motorized wheelchair that uses four permanent wheels set in the centre of the chair, instead of two. The CWD electric wheelchairs are usually used by people who require a high level of stability while using their chairs.
Front Wheel Drive Electric Wheelchair:
The front wheel drive electric wheelchair is a motorized wheelchair that has two or more wheels in the front of the device. It's primary function is to enable mobility impaired individuals to move around easily and with greater stability than in a manual chair. The growing geriatric population, increasing prevalence of disability, rising healthcare costs and advancements in technology are some major factors driving demand for FWD E-wheelchairs over the forecast period.
Application Insights:
The other application segment includes commercial and public places such as hospitals, shopping malls, hotels and airports. The standing electric wheelchair is the most preferred choice for this application due to its ability to maneuver easily in small spaces. Also, these wheelchairs are lightweight which further increases their popularity for use in this type of applications.
The hospital segment held around 40% of the overall market share based on revenue in 2017 owing to increasing demand from patients suffering from spinal cord injuries or diseases requiring long-term care at a hospital facility. These wheelchairs are battery powered which eliminates the need for external power sources thus reducing costs associated with them. Also, these chairs have advanced features such as adjustable height seat cushion making it comfortable for patients undergoing medical procedures or surgeries at hospitals or clinics.
Power wheels indoor electric wheelchair prices range between USD 1000 and USD 15000+, depending upon its features.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few changes in the forecast period. Presence of key players and increasing awareness about power wheelchairs are some of the factors contributing to this growth. Increasing demand for power wheelchairs due to rising geriatric population is also anticipated to drive regional growth over the forecast period.
Asia Pacific is estimated to be fastest-growing region during the forecast years owing to presence of developing countries such as China, India, Japan and South Korea which have a high potential for adoption of these electric wheelchair products/services at home as well as in hospitals/daycare centers or public places like airports etc., thereby boosting regional growth over the next eight years (2030).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for indoor power wheelchairs, as they are more suitable for elderly people than manual wheelchairs.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as arthritis, multiple sclerosis (MS), cerebral palsy, and spinal cord injuries is increasing globally due to changing lifestyles and aging populations. This is leading to an increase in demand for indoor power wheelchairs as they help improve the quality of life for patients with chronic diseases by providing them with mobility independence.
- Technological advancements: The development of new technologies such as intelligent sensors that can detect obstacles automatically and self-balancing systems that keep users stable while travelling are aiding the growth of the indoor power wheelchair market. These technological advancements are making it easier for users to operate indoor power wheelchairs, which is resulting in an increased adoption rate among consumers worldwide.
- UK Chancellor Philip Hammond announced a £2 billion fund over three years aimed at helping disabled people live independently . This will lead to an increase in
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Power Wheelchair Market Research Report
By Type
Centre Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, Standing Electric Wheelchair
By Application
Hospital, Home, Other
By Companies
Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, Hoveround Corp, Merits Health Products, Heartway, Golden Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Power Wheelchair Market Report Segments:
The global Indoor Power Wheelchair market is segmented on the basis of:
Types
Centre Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, Standing Electric Wheelchair
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Home, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Permobil Corp
- Pride Mobility
- Invacare Corp
- Sunrise Medical
- Ottobock
- Hoveround Corp
- Merits Health Products
- Heartway
- Golden Technologies
Highlights of The Indoor Power Wheelchair Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Centre Wheel Drive Electric Wheelchair
- Front Wheel Drive Electric Wheelchair
- Standing Electric Wheelchair
- By Application:
- Hospital
- Home
- Other
- 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 Indoor Power 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An indoor power wheelchair is a wheelchair that has an electric motor that helps the user move around. This type of wheelchair is often used by people who have difficulty walking or who are unable to use traditional wheelchairs because they do not have enough strength or stamina.
Some of the major players in the indoor power wheelchair market are Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, Hoveround Corp, Merits Health Products, Heartway, Golden Technologies.
The indoor power wheelchair market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor Power 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 Indoor Power Wheelchair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Power 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 Indoor Power 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 Indoor Power Wheelchair Market Size & Forecast, 2020-2028
4.5.1 Indoor Power Wheelchair Market Size and Y-o-Y Growth
4.5.2 Indoor Power Wheelchair Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Centre Wheel Drive Electric Wheelchair
5.2.2 Front Wheel Drive Electric Wheelchair
5.2.3 Standing Electric Wheelchair
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Home
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Power Wheelchair Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Indoor Power Wheelchair Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
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 North America Market Size Forecast by Type
9.6.1 Centre Wheel Drive Electric Wheelchair
9.6.2 Front Wheel Drive Electric Wheelchair
9.6.3 Standing Electric Wheelchair
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Home
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
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 Europe Market Size Forecast by Type
10.6.1 Centre Wheel Drive Electric Wheelchair
10.6.2 Front Wheel Drive Electric Wheelchair
10.6.3 Standing Electric Wheelchair
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Home
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
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 Asia Pacific Market Size Forecast by Type
11.6.1 Centre Wheel Drive Electric Wheelchair
11.6.2 Front Wheel Drive Electric Wheelchair
11.6.3 Standing Electric Wheelchair
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Home
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
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 Latin America Market Size Forecast by Type
12.6.1 Centre Wheel Drive Electric Wheelchair
12.6.2 Front Wheel Drive Electric Wheelchair
12.6.3 Standing Electric Wheelchair
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Home
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Centre Wheel Drive Electric Wheelchair
13.6.2 Front Wheel Drive Electric Wheelchair
13.6.3 Standing Electric Wheelchair
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Home
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Indoor Power Wheelchair Market: Competitive Dashboard
14.2 Global Indoor Power Wheelchair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Permobil Corp
14.3.2 Pride Mobility
14.3.3 Invacare Corp
14.3.4 Sunrise Medical
14.3.5 Ottobock
14.3.6 Hoveround Corp
14.3.7 Merits Health Products
14.3.8 Heartway
14.3.9 Golden Technologies
