Foldable Powered Wheelchair Market: Introduction
This twenty-first century has witnessed a significant increase in brain- and spine-related disorders such as cerebral palsy, acquired brain injury, spina bifida, spinal cord injuries, stroke, and polio. Not only brain- and spine-related disorders but some molecular and genetic diseases also impact the normal movement of the body such as moving, walking, and running. In these cases, foldable powered wheelchairs are a good option for use. Foldable powered wheelchairs are a type of wheelchair that uses power supplied by an electric motor to drive the wheelchair instead of manual power (Hands or legs). Moreover, it can be folded, which helps to easily store or transport it. These types of wheelchairs are useful for people who have difficulty in moving their hands or legs that are essential to power a conventional wheelchair. Foldable powered wheelchairs contain a drive system and battery, which powers the motor for movement. They also contain a controller, which is a joystick that consists of spin on and off buttons to control movement and a seat for patients to sit comfortably.
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Key Drivers and Restraints of Global Foldable Powered Wheelchair Market
- Rise in the number of chronic disorders of spinal, nerve, and joint injuries such as arthritis, muscular dystrophy; brain-related injuries such as Traumatic brain injury; increase in incidences of genetic diseases such as Parkinson’s and Alzheimer’s that causes an inability to walk and move among patients; and a rise in the demand among people suffering from disability are key factors boosting the foldable powered wheelchair market.
- Technological advancements, rise of electric wheelchairs that consume less battery and have longer shelf life, and increase in R&D sector funding from governments are also key factors fueling the foldable powered wheelchair market
- Competition among top players, lack of awareness among people and unavailability of these wheelchairs in remote areas are key factors that are estimated to hamper the market
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Multiple Pieces Folding Segment to Dominate Global Foldable Powered Wheelchair Market
- Based on type, the global folding power wheelchair market can be divided into folded into one piece and folded into 4-5 pieces (multiple pieces)
- The folding into multiple pieces segment is expected to dominate the global foldable powered wheelchair market due to less space utilized after folding, portability, and ease of use
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Hospitals to Capture Prominent Market Share
- In terms of application, the global folding power wheelchair market has been categorized into online store, flagship store & specialty store, hospitals, homecare, rehabilitation centers, and others
- The hospitals segment accounted for a prominent share of the market due to a rise in the number of patients admitted to hospitals and clinics for treatment and healthcare infrastructure provided by hospitals.
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North America to Dominate Global Folding Power Wheelchair market
- In terms of region, the global folding power wheelchair market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America accounts for a notable share of the global folding power wheelchair market, in terms of revenue, followed by Europe. Increase in number of people suffering from spinal, brain, nerve and muscular disorders and its steady increase in the last few years, developments in technology and manufacturing of large number of folding power wheelchairs by key players help further boost the market in the region.
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