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Press release content from MarketersMEDIA. The AP news staff was not involved in its creation.
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Press release content from MarketersMEDIA. The AP news staff was not involved in its creation.

Manual Wheelchair Market Size Projected to Grow at a CAGR of 5.6% During the Forecast Period 2021-2026

July 17, 2021 GMT

Increasing Spinal Cord Injuries That Effect Motor and Reflex Capabilities and for People With High Level of Spinal Cord Injury Scapular Instability Is a Significant Issue Driving Manual Wheelchair Market.

Manual Wheelchair Market size was estimated at $3.2 million in 2020, projected to grow at a CAGR of 5.6% during the forecast period 2021-2026. Manual wheelchair is one of the mobility aid that is designed to help the people who have problem in moving around. It is used by an older adults and especially by the people suffering from disabilities owing to muscular dystrophy, multiple sclerosis, cerebral palsy, spinal cord injury, paraplegia and spinal cord injury and others facing problem in scapular kinematics.

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Choosing a wheelchair is decided according to the needs and by the mobility level of an individual. The best way to choose a wheelchair is for the person that be using it to assess their own needs, like as lifestyle habits, the amount of time the wheelchair is estimated to be used on a regular basis. Each wheelchair is designed to accommodate a disabled person’s medical condition and application. Owing to the rise in geriatric population, with growing popularity for Paralympics in the recent years, Manual Wheelchair Market is anticipated to experience lucrative growth opportunities.

Manual Wheelchair Market Segment Analysis – By Design & Function

Based on Design & Function, Manual Wheelchair Market is segmented into Basic Wheelchair, Standing Wheelchair, Sports Wheelchair, Bariatric Wheelchair and others. Basic wheelchair segment has accounted for the largest revenue market share in 2020 owing to its cost effectiveness. These wheelchairs are most durable, easy to maintain and offer precise function and positioning to the individual using it. These wheelchairs are mostly suitable for the people who have control over their upper limbs unlike people associated with problem in scapular kinematics.

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Manual Wheelchair Market Segment Analysis – By Category

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Based on Category, Manual Wheelchair is segmented in to Pediatric and Adult. Adult wheelchair segment has accounted for largest revenue market share in 2020 owing to the growing worldwide elderly population and being a significant contributor of adult category segment growth in manual wheelchair market growth. Disability in geriatric population owing to age related issues like stiffness in knee, hip, ankle, arthritis, and other factors like brain stroke are driving the market for adult manual wheelchair. For instance, according to CDC, stroke is a leading cause of long term disability and it reduces the mobility in more than half of stroke survivors aged 65 and above.

Manual Wheelchair Market Segment Analysis – By Geography

Based on Geography, North America Manual Wheelchair Market accounted for the 34% revenue share in 2020. This is majorly attributed to the growing number of motor disability in this region. According to CDC, in the U.S. 61 million adult’s live disability, and 26% adults have some or the other disability. In total number of disability cases in the U.S. around 13.7% accounts for the motor disability where the individual is incapable or finds it difficult to walk or climb the stairs. Asia-Pacific market is poised to grow with the fastest CAGR in the forecast period 2021-2026 owing its increase in aging population, and other factors such as spinal cord injuries, paraplegia, muscular sclerosis and others.

Manual Wheelchair Market Segment Analysis - Drivers

Increasing Prevalence of Motor Disability:

The rising prevalence for motor disability is predicted to accelerate the market for manual wheelchair. Motor disability or motor impairment is a partial or total loss of function of a body part, generally limbs. This results in muscle weakness, paraplegia, lack of muscle control. It is often noticed in neurological conditions like Muscle sclerosis, Cerebral palsy, Stroke and Parkinson’s disease. Lock-in syndrome is considered as an extreme form of motor impairment where almost all muscles lose their voluntary control. It is caused by a damage in lower portion of brain and brain stream by a stroke or other reasons. Loss of control over arms, legs and torso is termed as Paraplegia or tetraplegia. It is generally caused by spinal cord injury, particularly in the fifth to seventh vertebral area. This is often associated with loss of sensation from neck. Muscle sclerosis is another factor causing motor impairment.

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Manual Wheelchair Market Segment Analysis Challenges

Rising Demand of Electronic Wheelchair:

Electric wheelchair is poised to hamper the growth and demand for manual wheelchair in the market owing to its independence and other special feature that it offers. Moreover, the increase in innovations to develop an advanced wheelchair by key players in market, such as in July 2020, a Swiss based company, Scewo has launched Scewo Bro, an electric wheelchair that climbs up and down stairs independently. Electric wheelchair is easy to use and is easy to carry during travelling. It offers independence to undertake daily activities without any assistance and requires minimal effort of the user that is likely to hinder the market for manual wheelchair

Manual Wheelchair Market Segment Landscape:

Manual Wheelchair Market top 10 companies are EASE Seating System, Nordic Capital Fund VII, ADI, Seating LIc., Aspen, Revolution Mobility, Eagle, Nissin, Gecko Systems International, Everest & Jennings, Medline, Siemens, Otto Bock, Aquilla Corporation, Merits.

Acquisitions/Product Launches:

In 2019, Permobil, a key player in advanced medical technology has introduced SmartDrive PushTracker E2. It is an advanced power assisted system for the manual wheelchairs. It ultimately increases the user’s ability to move on an uneven surface and prevents shoulder strain.

Key Takeaways

Geographically, North America Manual Wheelchair Market held the largest revenue share of 34% in 2020 owing to the highest disposable income and growing geriatric population along with motor impairment in this region.

Increased demand for R&D made by the key players in different region of the world along with rising FDA approvals for innovative wheelchair innovations in the Manual Wheelchair Market are driving the market.

Moreover, increasing spinal cord injuries that effect motor and reflex capabilities and for people with high level of spinal cord injury scapular instability is a significant issue driving manual wheelchair market.

Related Reports :

A. Mobility Aids and Transportation Equipment Market
https://www.industryarc.com/Report/7378/Mobility-Aids-and-Transportation-Equipment-Market-Research-Report.html

B. Active Wheelchair Market
https://www.industryarc.com/Report/19487/active-wheelchair-market.html

For more Consumer Products and Services Market reports, please click here

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Source URL: https://marketersmedia.com/manual-wheelchair-market-size-projected-to-grow-at-a-cagr-of-56-during-the-forecast-period-2021-2026/89036772

Source: MarketersMedia

Release ID: 89036772