Global Robotic Wheelchairs Market - Snapshot

Robotic wheelchair refers to powerchair, electric wheelchair, or electric-powered wheelchair (EPW) that is propelled by means of an electric motor rather than manual power. Robotic wheelchairs are the upgraded versions of manual wheelchairs. They are available in three drive types: rear wheel drive, front wheel drive, and mid-wheel drive. The robotic wheelchairs market also covers end-users from the commercial and residential segments. Furthermore, the market includes distributional channels of robotic wheelchairs such as online sales channel and offline sales channel. The global robotic wheelchairs market is estimated to reach a value of US$ 6,073.9 Mn by 2026.

robotic wheelchairs market

The global robotic wheelchairs market is primarily driven by continuous increase in the number of aging and disabled people. In addition, increase in disposable income of consumers, rise in research & development, and raid technology innovations in the industry are key factors fueling the growth of the robotic wheelchairs market.  Availability of a wide range of technologically advanced robotic wheelchair products is resulting in a rising consumer base. This is anticipated to boost the market in the coming years.

However, a major challenge restricting the growth of the robotic wheelchairs market is the high operational cost of robotic wheelchairs. This is particularly true in developing countries. Furthermore, regular maintenance of the wheelchair adds to the operational cost. Some wheelchairs are battery operated, which further requires regular charging of the wheelchair.

Moreover, increase in use of robotic wheelchairs can led to a sedentary lifestyle. End-users tend to perform minimal physical activity, owing to complete dependence on robotic wheelchairs. This may increase the problem of obesity and various health issues. Physical inactivity may increase the risks of certain diseases such as cardiovascular diseases, anxiety, and depression. These factors are likely to hamper the usage of robotic wheelchairs by end-users. Nevertheless, greater availability of products and higher awareness regarding smart wheelchairs with advancements in technology are estimated to offer attractive opportunities to the market in the near future.

Currently, the demand for robotic wheelchairs is on the rise globally, giving tech savvy customers a new reason to buy this product. Though smart robotic wheelchairs are sold at high prices, manufacturers are viewing this segment as an opportunity to create a foothold in the near future. In addition to this, there has been a progressive and integrative approach for technological adoption by the private sector in the robotic wheelchairs industry. More advanced products and awareness among target customers are expected to offer lucrative opportunities to the robotic wheelchair market, both in developed and developing nations. Researchers and manufacturers are also trying to design robotic wheelchairs for younger disabled people with essential assistance features. However, there are a few well-established players with strong distribution networks across different regions. Companies are strengthening their position by continuously investing in research and development (R&D) to come up with solutions to cater to customer requirements.

Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product and service offerings. Major robotic wheelchair market players profiled in the report are Invacare Corporation, Pride Mobility Products Corporation, Permobil Corporation, Drive Devilbiss Healthcare, Karman Healthcare, and Ottobock SE & Co. KGaA. Rivalry among existing players in the market is high as the market is dominated by few major players. Moreover, small and local players also exist, contributing to the high competition.

Global Robotic Wheelchairs Market: Overview

This report on the global robotic wheelchairs market provides analysis for the period 2016–2026, wherein 2017 is the base year and 2018 to 2026 is the forecast period. Data for 2016 has been included as historical information. The report covers market dynamics, including drivers, restraints, opportunities, trends, and policy and regulations, which are expected to influence the growth of the robotic wheelchairs market during the said period. The study provides a comprehensive analysis of market growth throughout the forecast period in terms of value and volume estimates (US$ Mn and Thousand Units) across different geographies.

Global Robotic Wheelchairs Market: Trends and Opportunities

This report on the robotic wheelchairs market covers all drive types, categorized based on application and distribution channel. Increase in the number of disabled people and rise in the aging population are seen as a key drivers of the robotic wheelchairs market across the globe. Increasing demand from commercial institutions is expected to offer significant growth opportunities to the robotic wheelchairs market in the coming years. Increasing technological advancements in robotic wheelchairs is anticipated to boost the market in the coming years. End-users across the globe are preferring smart sensors in wheelchairs. IoT compatibility and navigational mapping have made the wheelchair a self-sustained solution for disabled persons, which is also driving the robotic wheelchairs market.

Global Robotic Wheelchairs Market: Key Segments

The robotic wheelchairs market has been segmented based on drive type, application, distribution channel, and geography. Based on drive type, the market has been classified into rear wheel drive, front wheel drive, and mid-wheel drive. In terms of application, the market has been categorized into residential and commercial. Based on distribution channel, the market has been split into online channel and offline channel.

In terms of geography, the report classifies the market into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. The regions are analyzed in terms of value of the robotic wheelchairs market. Furthermore, prominent countries covered in the report include the U.S, Canada, Germany, the U.K., France, China, India, Japan, GCC, South Africa, and Brazil. 

Global Robotic Wheelchairs Market: Scope of the Study

The report highlights key developments in the robotic wheelchairs market. Porter’s Five Force Analysis, which identifies bargaining power of suppliers, bargaining power of buyers, threat from new entrants, threat from substitutes, and degree of competition, is also included in the report. Value chain analysis that shows work flow in the robotic wheelchairs market and identifies raw material providers and distribution channels of this industry is also covered in the report. Segment trends and regional trends have been added in the report. It also covers segmentwise incremental opportunity analysis and countrywise econometric analysis. The countrywise econometric analysis shows a country’s economic information, which includes population, GDP, consumer spending per capita, disposable income per capita, and  purchasing power parity. Furthermore, the report covers competition matrix of key players in the scope of study.

Incremental opportunity analysis identifies and compares a segment’s attractiveness on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa, and South America. The analysis has also been provided for each segment in terms of drive type, application, and distribution channel.

Global Robotic Wheelchairs Market: Competitive Landscape

The report includes competition landscape, which covers competition matrix, market share analysis of major players in the global robotic wheelchair based on their 2017 revenues, and profiles of major players. The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings, and R&D focus are attributed to a company’s capabilities. Factors such as topline growth, market share, segment growth, infrastructure facilities, and future outlook are attributed to a company’s potential to grow. This section also identifies and includes various recent developments of leading players in the robotic wheelchairs market.

Company profiling includes company overview, major business strategies, and key developments. Companies profiled in the global robotic wheelchairs market include Invacare Corporation, Pride Mobility Products Corporation, Permobil Corporation, Drive Devilbiss Healthcare, Karman Healthcare, and Ottobock SE & Co. KGaA.

The global robotic wheelchairs market has been segmented as follows

Robotic Wheelchairs Market, by Drive Type

  • Rear Wheel Drive Robotic Wheelchairs
  • Front Wheel Drive Robotic Wheelchairs
  • Mid-wheel Drive Robotic Wheelchairs

Robotic Wheelchairs Market, by Application

  • Residential
  • Commercial

Robotic Wheelchairs Market, by Distribution Channel

  • Online Channel
  • Offline Channel

Global Robotic Wheelchairs Market, by Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America