Market Overview:
The global intelligent wheelchair market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of disabilities, rising geriatric population, and technological advancements in wheelchair design and functionality. Based on type, the global intelligent wheelchair market is segmented into centre wheel drive wheelchairs, front wheel drive wheelchairs, and standing wheelchairs. Of these, the front wheel drive wheelchair segment is expected to account for the largest share of the global intelligent wheelchair market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its advantages such as easy maneuverability and low maintenance cost as compared with other types ofwheelchairs .
Product Definition:
An Intelligent Wheelchair is a wheelchair that has been equipped with sensors and/or actuators so that it can interact with its environment. This interaction can include tasks such as avoiding obstacles, following paths, or transporting objects.
Centre Wheel Drive Wheelchair:
Centre Wheel Drive (CWD) wheelchairs are the most advanced mobility assistive devices. They are designed to provide power and control to physically impaired individuals. These wheelchairs have a central drive system that consists of one or more electric motors connected by chains, belts or gears. The Centre Wheel is usually fixed with the help of bolts that go through the frame; it can also be attached to free-floating frames in some cases.
Front Wheel Drive Wheelchair:
Front wheel drive (FWD) wheelchair is a motorized device that uses two front wheels for mobility. It is also known as manual wheelchair, powered chair, or self-propelled chair. The FWD wheelchairs are available in different types and sizes and cater to the requirements of people with different abilities.
Application Insights:
The market is segmented by application into home use and hospital use. The home use segment dominated the overall Intelligent Wheelchair Market in 2017, owing to increasing demand for wheelchairs among the geriatric population and people with disabilities. Moreover, technological advancements such as smartphone-based control systems that enable users to operate the chair from their homes are further expected to drive demand over the forecast period.
The hospital use segment is anticipated to witness significant growth over the forecast period due to rising investments by governments in developing rehabilitation centers and hospitals for people with mobility problems or injuries. For instance, according these recent statistics published by WHO, it has been estimated that around USD 8 billion is spent annually on re-injury prevention globally which can be utilized towards funding of research on effective injury prevention strategies through Intelligent Wheelchair programs at a national level across various regions of interest (North America & Europe). Such factors are likely drive market growth during future years.
Regional Analysis:
North America dominated the global intelligent wheelchairs market in 2017. This can be attributed to the presence of a large number of manufacturers and distributors, availability of high-tech products, well-established healthcare infrastructure, and favorable reimbursement policies & regulatory reforms. Moreover, increasing demand for rehabilitation after surgery is boosting product demand in North America.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising geriatric population prone to various disabilities that require long term or permanent mobility devices such as electric wheelchairs. Furthermore, growing awareness about rehabilitation after injury or surgery coupled with supportive government initiatives will drive regional market growth over the forecast period.
Growth Factors:
- Increasing geriatric population: The global elderly population is expected to grow at a CAGR of 5.8% from 2016 to 2020, reaching 968 million by 2020. This will create a large potential market for intelligent wheelchairs.
- Rising awareness about the benefits of using intelligent wheelchairs: There is growing awareness among people about the benefits of using intelligent wheelchairs, which is helping to drive demand for these products.
- Technological advancements: The development of new and innovative technologies is helping to boost the growth of the Intelligent Wheelchair market. For instance, recent advancements in sensors and microcontrollers are making it possible to develop smarter wheelchair systems that can navigate autonomously and interact with users in real-time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Wheelchair Market Research Report
By Type
Centre Wheel Drive Wheelchair, Front Wheel Drive Wheelchair, Standing Wheelchair
By Application
Hospital Use, Home Use
By Companies
Golden Technologies, Drive Medical, Invacare Corp, Hoveround Corp, Heartway, 21st Century SCIENTIFIC Inc., Pride Mobility Products Corp, EZ Lite Cruiser, Merits Health Products, Inc., Dane
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Wheelchair Market Report Segments:
The global Intelligent Wheelchair market is segmented on the basis of:
Types
Centre Wheel Drive Wheelchair, Front Wheel Drive Wheelchair, Standing 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 Use, Home Use
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:
- Golden Technologies
- Drive Medical
- Invacare Corp
- Hoveround Corp
- Heartway
- 21st Century SCIENTIFIC Inc.
- Pride Mobility Products Corp
- EZ Lite Cruiser
- Merits Health Products, Inc.
- Dane
Highlights of The Intelligent 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 Wheelchair
- Front Wheel Drive Wheelchair
- Standing Wheelchair
- By Application:
- Hospital Use
- Home Use
- 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 Intelligent 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.
How you may use our products:
- 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?
Intelligent Wheelchair is a wheelchair that can be controlled by an operator using a remote control. The wheelchair has sensors that allow it to detect obstacles and changes in terrain, which allows the operator to navigate the chair with ease.
Some of the key players operating in the intelligent wheelchair market are Golden Technologies, Drive Medical, Invacare Corp, Hoveround Corp, Heartway, 21st Century SCIENTIFIC Inc., Pride Mobility Products Corp, EZ Lite Cruiser, Merits Health Products, Inc., Dane.
The intelligent wheelchair market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent 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 Intelligent Wheelchair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent 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 Intelligent 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 Intelligent Wheelchair Market Size & Forecast, 2018-2028
4.5.1 Intelligent Wheelchair Market Size and Y-o-Y Growth
4.5.2 Intelligent Wheelchair Market Absolute $ Opportunity
Chapter 5 Global Intelligent Wheelchair 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 Intelligent Wheelchair Market Size Forecast by Type
5.2.1 Centre Wheel Drive Wheelchair
5.2.2 Front Wheel Drive Wheelchair
5.2.3 Standing Wheelchair
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Wheelchair 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 Intelligent Wheelchair Market Size Forecast by Applications
6.2.1 Hospital Use
6.2.2 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent 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 Intelligent 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 Intelligent Wheelchair Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Wheelchair 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 Intelligent Wheelchair Market Size Forecast by Type
9.6.1 Centre Wheel Drive Wheelchair
9.6.2 Front Wheel Drive Wheelchair
9.6.3 Standing 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 Intelligent Wheelchair Market Size Forecast by Applications
9.10.1 Hospital Use
9.10.2 Home Use
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 Intelligent Wheelchair Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Wheelchair 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 Intelligent Wheelchair Market Size Forecast by Type
10.6.1 Centre Wheel Drive Wheelchair
10.6.2 Front Wheel Drive Wheelchair
10.6.3 Standing 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 Intelligent Wheelchair Market Size Forecast by Applications
10.10.1 Hospital Use
10.10.2 Home Use
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 Intelligent Wheelchair Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Wheelchair 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 Intelligent Wheelchair Market Size Forecast by Type
11.6.1 Centre Wheel Drive Wheelchair
11.6.2 Front Wheel Drive Wheelchair
11.6.3 Standing 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 Intelligent Wheelchair Market Size Forecast by Applications
11.10.1 Hospital Use
11.10.2 Home Use
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 Intelligent Wheelchair Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Wheelchair 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 Intelligent Wheelchair Market Size Forecast by Type
12.6.1 Centre Wheel Drive Wheelchair
12.6.2 Front Wheel Drive Wheelchair
12.6.3 Standing 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 Intelligent Wheelchair Market Size Forecast by Applications
12.10.1 Hospital Use
12.10.2 Home Use
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) Intelligent Wheelchair Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Wheelchair 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) Intelligent Wheelchair Market Size Forecast by Type
13.6.1 Centre Wheel Drive Wheelchair
13.6.2 Front Wheel Drive Wheelchair
13.6.3 Standing 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) Intelligent Wheelchair Market Size Forecast by Applications
13.10.1 Hospital Use
13.10.2 Home Use
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 Intelligent Wheelchair Market: Competitive Dashboard
14.2 Global Intelligent Wheelchair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Golden Technologies
14.3.2 Drive Medical
14.3.3 Invacare Corp
14.3.4 Hoveround Corp
14.3.5 Heartway
14.3.6 21st Century SCIENTIFIC Inc.
14.3.7 Pride Mobility Products Corp
14.3.8 EZ Lite Cruiser
14.3.9 Merits Health Products, Inc.
14.3.10 Dane
