Market Overview:
The Active Wheelchair Market size is estimated to reach $2.89 million by 2030, growing at a CAGR of 4.3% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Active Wheelchair Market – By Product Type: (Manual Wheelchairs, Power Wheelchairs), By Indication: Alzheimer’s Disease, Amyotrophic Lateral Sclerosis, Multiple Sclerosis, Diabetes, Cerebral Palsy, Muscular Dystrophy, Parkinson’s Disease, Spinal Cord Injury, Others), By End Users: Hospitals, Rehab Centers, Home, Sports & Athletics), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Rising technological innovations and increased adoption of advanced features in active wheelchairs, along with the growing emphasis on mobility and independence for users with disabilities, are driving significant market growth.
North America Dominated the Market in 2023
Based on Geography, the North American active Wheelchair Market accounted for the dominant revenue share of 35% in 2023 owing to the rising geriatric populace in the North American region. In 2023, an estimated 6.7 million Americans aged 65 and older have Alzheimer's dementia, with over 6 million affected overall. By 2050, projections indicate a staggering increase, with nearly 13 million individuals anticipated to be living with Alzheimer's, as reported by the Alzheimer's Association. This determinant, coupled with cases of motor neurone disease, is fuelling the progress of the Active Wheelchair market in the North-American region. Asia Pacific is estimated to grow with the fastest CAGR in the forecast period 2024-2030, owing to the boost in knowledge about wheelchairs and the rising disposable income. Furthermore, the expanding investment for the development of progressive active wheelchairs is driving the growth of the Active Wheelchair market during the forecast period 2024-2030 in the Asia Pacific region.
Active Wheelchair Market: Key Takeaways
Technological Advancements and Customization
The active wheelchair market is rapidly evolving, fueled by significant technological advancements that enhance mobility solutions for users. Innovations such as smart controls, powered assist features, and advanced materials are making active wheelchairs lighter, more maneuverable, and easier to operate. Manufacturers are increasingly focusing on user-centric designs that allow for a high degree of customization. This includes adjustable seating, tilt-in-space functions, and various configurations to meet the specific needs of individuals. Such customization not only improves comfort but also enables users to engage more fully in their daily activities, fostering greater independence.
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Rising Demand for Mobility Solutions in Healthcare
The active wheelchair market is experiencing substantial growth, driven by an increased focus on mobility solutions within healthcare settings. With a growing acknowledgment of the importance of mobility in rehabilitation and overall well-being, healthcare providers are actively seeking efficient and effective mobility aids to support patient recovery. Active wheelchairs play a crucial role in rehabilitation programs, as they enable individuals to regain independence and improve their quality of life. Moreover, the rising aging population, coupled with a higher prevalence of chronic illnesses, is creating an expanding demographic of individuals requiring mobility assistance.
Scope of the Report:
Recent Developments:
- On January 2024, Sunrise Medical introduces Switch-It Vigo head control, a wireless, proportional device by Now Technologies LTD, seamlessly enabling power wheelchair control through subtle head movements. This innovative addition enhances the Switch-It brand's comprehensive lineup of cutting-edge controls for power wheelchairs.
- In January 2022, as per an online report, Numotion, the prominent provider of mobility solutions, partnered with Braze Mobility Inc., a leader in blind spot sensor technology for wheelchairs. This collaboration aims to enhance mobility and independence for individuals with disabilities through innovative products.
Active Wheelchair Market: Competitive Landscape
Key companies profiled in the Active Wheelchair Market are BASF SE, Eastman Chemical Company, Arkema S.A., Dow Chemical Company, Huntsman Chemical Corporation and others.
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