Robotic Wheelchairs Market

Robotic Wheelchairs Market by Applications (Residential and Commercial), Distribution Channels (Retail and E-commerce), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-309
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 184
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The global robotics wheelchairs market was valued at USD 80 million in 2019, expanding at a CAGR of 10% during the forecast period, 2021 – 2028. The growth of the market is attributed to the increasing number of elderly population and physically disabled people across the globe.

Manual wheelchairs bring about dependency on others for daily needs and regular actions. This dependency can be eliminated with help of robot wheelchairs, as these wheelchairs can be controlled with the help of joysticks and do not require another other’s assistance. Robotic wheelchairs can be transformed right into a mattress and can be controlled with the help of the Internet of Things (IoT).

Robotic Wheelchairs Market Key Takeaways

Robotic wheelchairs have increased the capability of wheelchairs. Integration of latest technologies such as IoT and inclusion of smart sensors and navigational mapping have made robotic wheelchairs a self-sustained solution. The addition of voice command to manipulate the mobility of robot wheelchairs is an upcoming innovation of the market. Voice control could be very useful, in particular for those who've misplaced their frame mobility.

The Research Institute for Central Mechanical Engineering under the Council of Scientific and Industrial Research developed an autonomous intelligent robotic wheelchair that has motorized automatic braking, autonomous path planning, obstacle detection capability, floor level detection, and a small turning radius for mobility.

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing innovation and rising investment investments in the development of advanced robotic wheelchairs, which can augment their capability and flexibility are propelling the market growth.
  • Rising numbers of accidents can be a driver for the market growth.
  • Increasing disposable income is one of the major drivers of the growth of the market.
  • High cost of robotics wheelchairs can restrain the market growth.
  • The COVID-19 had disrupted the manufacturing industry. This, in turn, had negatively impacted the supply chain, which had impeded the market growth. However, the market is expected to recover soon.
  • The wide range of options available for next-generation robotic wheelchair products is expected to boost the sales, boosting the market growth.

Scope of the Report

The report on the wireless earphone market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Robotic Wheelchairs Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Residential and Commercial), Distribution channels (Retail and E-commerce)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Sunrise Medical LLC, Invacare Corporation, Permobil Corporation, Meyra GmbH, Karman healthcare, Ottobock SE & Company, Matia Robotics, Upnride Robotics, DEKA Research & Development, and Whill Inc.


Robotic Wheelchairs Market Segment Insights

Commercial Segment anticipated to grow at a rapid rate
Based on applications, the market is segmented into the residential and commercials. The residential segment dominated the market with a market share of around 80% in 2020. However, the commercial segment is anticipated to expand at a rapid pace during the forecast period. This is due to the increasing adoption of robotic wheelchairs at airports, hospitals, tourist places, and social service homes.

 

Robotic Wheelchairs Market By Applications

Retail Segment to exhibit a high CAGR
In terms of distribution channels, the robotic wheelchairs market is segregated into retail and e-commerce. The retail segment dominated the robotics wheelchair market owing to the presence of sales associates in the retail store, which eases buying decisions for the consumer. On the other hand, the e-commerce segment is anticipated to exhibit a high CAGR owing to the increasing penetration of smartphones and Internet, which is spurring the growth of the e-commerce segment.

North America to account a large market share
On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominated the market with a share of more than 30% in 2020. This is attributed to the rising geriatric population and early adoption of latest technologies. The market in the Asia Pacific is anticipated to expand at a CAGR of 10% during the forecast period. Increasing investment in the R&D activities to develop robotic wheelchair targeting consumers in emerging economies such as India and China is expected to propel the market growth in the region.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Robotic Wheelchairs Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Robotic Wheelchairs Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Robotic Wheelchairs Market - Supply Chain
  4.5. Global Robotic Wheelchairs Market Forecast
     4.5.1. Robotic Wheelchairs Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Robotic Wheelchairs Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Robotic Wheelchairs Market Absolute $ Opportunity
5. Global Robotic Wheelchairs Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Robotic Wheelchairs Market Size and Volume Forecast by Applications
     5.3.1. Residential
     5.3.2. Commercial
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Robotic Wheelchairs Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Robotic Wheelchairs Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Robotic Wheelchairs Demand Share Forecast, 2019-2026
7. North America Robotic Wheelchairs Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Robotic Wheelchairs Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Robotic Wheelchairs Market Size and Volume Forecast by Applications
     7.4.1. Residential
     7.4.2. Commercial
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Robotic Wheelchairs Demand Share Forecast, 2019-2026
8. Latin America Robotic Wheelchairs Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Robotic Wheelchairs Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Robotic Wheelchairs Market Size and Volume Forecast by Applications
     8.4.1. Residential
     8.4.2. Commercial
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Robotic Wheelchairs Demand Share Forecast, 2019-2026
9. Europe Robotic Wheelchairs Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Robotic Wheelchairs Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Robotic Wheelchairs Market Size and Volume Forecast by Applications
     9.4.1. Residential
     9.4.2. Commercial
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Robotic Wheelchairs Demand Share Forecast, 2019-2026
10. Asia Pacific Robotic Wheelchairs Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Robotic Wheelchairs Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Robotic Wheelchairs Market Size and Volume Forecast by Applications
     10.4.1. Residential
     10.4.2. Commercial
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Robotic Wheelchairs Demand Share Forecast, 2019-2026
11. Middle East & Africa Robotic Wheelchairs Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Robotic Wheelchairs Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Robotic Wheelchairs Market Size and Volume Forecast by Applications
     11.4.1. Residential
     11.4.2. Commercial
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Robotic Wheelchairs Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Robotic Wheelchairs Market: Market Share Analysis
  12.2. Robotic Wheelchairs Distributors and Customers
  12.3. Robotic Wheelchairs Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Sunrise Medical LLC
     12.4.2. Invacare Corporation
     12.4.3. Permobil Corporation
     12.4.4. Meyra GmbH
     12.4.5. Karman healthcare
     12.4.6. Ottobock SE & Company
     12.4.7. Matia Robotics
     12.4.8. Upnride Robotics
     12.4.9. DEKA Research & Development
     12.4.10. Whill Inc.
Segments Covered in the Report
The global robotic wheelchairs market has been segmented on the basis of

Applications
  • Residential
  • Commercial
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Sunrise Medical LLC
  • Invacare Corporation
  • Permobil Corporation
  • Meyra GmbH
  • Karman healthcare
  • Ottobock SE & Company
  • Matia Robotics
  • Upnride Robotics
  • DEKA Research & Development
  • Whill Inc.

The major players of the market are Sunrise Medical LLC, Invacare Corporation, Permobil Corporation, Meyra GmbH, Karman healthcare, Ottobock SE & Company, Matia Robotics, Upnride Robotics, DEKA Research & Development, and Whill Inc.

Companies are engaging in partnerships, collaborations, and expanding their product offerings to expand their market share.

Robotic Wheelchairs Market By Key Players

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