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Power assist wheelchairs work on batteries or electric motor instead of using muscle strength. These are used to provide assistance to disabled patients and to people with lower muscle strength due to chronic illness or muscle injuries. Power wheelchairs are generally used by geriatric population for locomotion purposes. They have technologically advanced features in comparison to the manual wheelchair like adjustable and special seats with soft pads particularly suitable for geriatric patients.
Key Market Driver -
Increasing prevalence of disability and rising geriatric population
Key Market Restraint -
High cost of power assisted wheelchair
The major factor driving the market growth of power assist wheelchair is the increasing prevalence of disabilities due to chronic diseases like diabetes, strokes and othes. This combined with increasing geriatric population and growing number of accidents and trauma cases are anticipated to fuel the demand of power assist wheelchairs during 2019-2026. According to the U.S. Census Bureau, an estaimted 40 million people in the U.S., were suffering from some form of disability in 2015. These trends combined with technologically advanced assistance offered by power assist wheelchair are expected to drive the global power assist wheelchair market during the forecast period.
However, high cost associated with power assist wheelchairs is among the prominent factors, which is anticipated to restrain the global power assist wheelchair market growth during the forecast period.
The major companies in the global power wheelchair market report includes Sunrise Medical (US) LLC, Pride Mobility Products Corp., MERITS CO. LTD., Invacare Corporation, Heartway Medical Products Co., Ltd., Electric Mobility Euro Ltd., Comfort Wheelchair, Karma Medical Products Co., LTD., CTM Chien TI Enterprise Co. Ltd., Amylior Inc., 21st Century SCIENTIFIC Inc., Magic Mobility Pty Ltd., Permobil AB and others.
The global market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global power assist wheelchair market owing to increasing prevalence of disabilities and higher adoption of power wheelchairs in the U.S. Europe accounted for second largest share of global power assist wheelchair market in 2018.
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Asia Pacific holds huge potential for global power assist wheelchair market owing to rising prevalence of disabilities and increasing per capita healthcare expenditure in countries including China, and India. Latin America and Middle East & Africa are expected to register a comparatively higher CAGR by the end of the forecast period.
By Patient Type
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