Robotic Wheelchairs Market Growth, Size, Trends, Demand, Share, Revenue and Future Outlook
Robotic Wheelchairs Market Size- By Application, By End User, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: May-2024 | Report ID: FMCG24103 | Pages: 1 - 224 | Formats*: |
| Category : Consumer & Retail | |||
Robotic Wheelchairs Market Introduction and Overview
According to SPER Market Research, the Global Robotic Wheelchairs Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Global Robotic Wheelchairs Market, including market size and trends, product mix, applications, and supplier analysis. Electric wheelchairs sometimes referred to as power wheelchairs, have been updated to become robotic wheelchairs. These wheelchairs have artificial intelligence and sensors installed. These chairs significantly enhance the user experience by being designed to recognise impediments in their route and adjust their navigation accordingly. A robotic wheelchair can detect obstacles, navigate, and travel on its own by using sensors thanks to robotics-based technology. The elderly, people with permanent or temporary mobility limitations, and people who are extremely obese and unable to move smoothly are the main consumers of robotic wheelchairs.
- March 2022; The Netti Dynamic Adaptpro product line was introduced by Netti, and Myera GmbH was established. The device has a 500mm turning radius without the need for leg support, easy maneuverability, and a full dynamic setup.
- February 2020; Sunrise Medical buys Oracing to provide appropriate products to meet the needs of a broad audience in the rapidly expanding market.
Market Opportunities and Challenges
To grow their consumer base and extend the product's reach, the leading companies in this sector are collaborating with internet merchants. They are also introducing e-portals to make the buying process easier for clients. Furthermore, robotic characteristics have been added to powered wheelchairs as a result of the product's integration of cutting-edge technology. These wheelchairs have sensors, navigational maps, and Internet of Things capabilities. Businesses are developing robotic wheelchairs to encourage independent mobility aid. The Council for Scientific and Industrial Research's Central Mechanical Engineering Research Institute created an autonomous intelligent robotic wheelchair that has features like floor level detection, motorized automatic braking, autonomous path planning, obstacle detection, and a small turning radius for mobility.
Only very rich patients can acquire robotic wheelchairs because of their high cost. Power wheelchairs are expensive, therefore only certain types of facilities—like tiny hospitals and hospitals—can afford to maintain them. This is the primary element limiting market expansion. As a result, this problem needs to be resolved immediately. Furthermore, a significant obstacle to the global market for robotic wheelchairs is anticipated to come from patient demand for affordable maintenance-free therapies. Even with good compensation options, things like returns and technical glitches could limit this market's expansion.
Market Competitive Landscape
The dynamic competitive landscape of the global robotic wheelchair market is typified by the coexistence of established brands, up-and-coming companies, and specialty manufacturers. Over the course of the projection period, the industry expects demand for robotic wheelchairs to shift from independent mobility to elderly individuals, accident victims, and persons in need of aid with mobility in order to accommodate new innovations in the market. Key players in the robotic wheelchair market include Sunrise Medical LLC, Invacare Corporation, Parmobil Corporation, Meyra GmbH, Karman Healthcare, Otobok SE Co, Matia Robotics, Upnaride Robotics, Deka Research and Development, and Will Inc.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Application, By End User, By Distribution Channel |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Sunrise Medical LLC, Invacare Corporation, Parmobil Corporation, Meyra GmbH, Karman Healthcare, Otobok SE Co, Matia Robotics, Upnaride Robotics, Deka Research and Development, Will Inc. |
COVID-19 Impact on Global Robotic Wheelchairs Market
The industry saw a decrease in the manufacturing of robotic wheelchairs as a result of the COVID-19 factory closures. This had an impact on these industries' growth as well as the volume of production. Sales of robotic wheelchairs are anticipated to rise with the global announcement of the COVID-19 lockout. The worldwide lockdown resulted in the closure of retail establishments, businesses, and internet platforms. This also had an impact on the trade of these goods, which hurt the sales of robotic wheelchairs in a number of international markets.
Key Target Audience:
- Individuals with spinal cord injuries (SCIs)
- People with Multiple Sclerosis (MS)
- Stroke survivors
- People with Cerebral Palsy (CP)
- Older adults with age-related mobility decline
- People with amputations
- Visually impaired individuals
- People with chronic fatigue
- Children with disabilities
- Healthcare facilities
Our in-depth analysis of the Robotic Wheelchairs Market includes the following segments:
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| By End User: |
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| By Distribution Channel: |
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Key Topics Covered in the Report:
- Global Robotic Wheelchairs Market Size (FY’2024-FY’2033)
- Overview of Global Robotic Wheelchairs Market
- Segmentation of Global Robotic Wheelchairs Market By Application (Residential, Commercial)
- Segmentation of Global Robotic Wheelchairs Market By End User (Male, Female)
- Segmentation of Global Robotic Wheelchairs Market By Distribution Channel (Retail, Supermarket, E- commerce, Others)
- Statistical Snap of Global Robotic Wheelchairs Market
- Expansion Analysis of Global Robotic Wheelchairs Market
- Problems and Obstacles in Global Robotic Wheelchairs Market
- Competitive Landscape in the Global Robotic Wheelchairs Market
- Impact of COVID-19 and Demonetization on Global Robotic Wheelchairs Market
- Details on Current Investment in Global Robotic Wheelchairs Market
- Competitive Analysis of Global Robotic Wheelchairs Market
- Prominent Players in the Global Robotic Wheelchairs Market
- SWOT Analysis of Global Robotic Wheelchairs Market
- Global Robotic Wheelchairs Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Robotic Wheelchairs Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Robotic Wheelchairs Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Robotic Wheelchairs Market
7. Global Robotic Wheelchairs Market, By Application (USD Million) 2020-2033
7.1. Global Robotic Wheelchairs Market Size, Share and Forecast, By Application, 2020-20267.2. Global Robotic Wheelchairs Market Size, Share and Forecast, By Application, 2027-20337.3. Residential7.4. Commercial
8. Global Robotic Wheelchairs Market, By End User (USD Million) 2020-2033
8.1. Global Robotic Wheelchairs Market Size, Share and Forecast, By End User, 2020-20268.2. Global Robotic Wheelchairs Market Size, Share and Forecast, By End User, 2027-20338.3. Male8.4. Female
9. Global Robotic Wheelchairs Market, By Distribution Channel (USD Million) 2020-2033
9.1. Global Robotic Wheelchairs Market Size, Share and Forecast, By Distribution Channel, 2020-20269.2. Global Robotic Wheelchairs Market Size, Share and Forecast, By Distribution Channel, 2027-20339.3. Retail9.4. Supermarket9.5. E-commerce9.6. Others
10. Global Robotic Wheelchairs Market Forecast, 2020-2033 (USD Million)
10.1. Global Robotic Wheelchairs Market Size and Market Share
11. Global Robotic Wheelchairs Market, By Region, 2020-2033 (USD Million)
11.1. Global Robotic Wheelchairs Market Size and Market Share By Region (2020-2026)11.2. Global Robotic Wheelchairs Market Size and Market Share By Region (2027-2033)11.3. Asia-Pacific11.3.1. Australia11.3.2. China11.3.3. India11.3.4. Japan11.3.5. South Korea11.3.6. Rest of Asia-Pacific11.4. Europe11.4.1. France11.4.2. Germany11.4.3. Italy11.4.4. Spain11.4.5. United Kingdom11.4.6. Rest of Europe11.5. Middle East and Africa11.5.1. Kingdom of Saudi Arabia11.5.2. United Arab Emirates11.5.3. Qatar11.5.4. South Africa11.5.5. Egypt11.5.6. Morocco11.5.7. Nigeria11.5.8. Rest of Middle East & Africa11.6. North America11.6.1. Canada11.6.2. Mexico11.6.3. United States11.7. Latin America11.7.1. Argentina11.7.2. Brazil11.7.3. Rest of Latin America
12. Company Profile
12.1. Deka Research and Development12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Invacare Corporation12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Karman Healthcare12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Matia Robotics12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Meyra GmbH12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Otobok SE Co.12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Parmobil Corporation12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Sunrise Medical LLC12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Upnaride Robotics12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Will Inc.12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Robotic Wheelchairs Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Robotic Wheelchairs Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Robotic Wheelchairs Market CAGR of XX% during the forecast period.
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Robotic Wheelchairs Market size is XX billion from 2024 to 2033.
"Robotic Wheelchairs Market Segment is covered By Application, By End User, By Distribution Channel"
The North America anticipated to have the highest market share in the Robotic Wheelchairs Market .
The key players in the market include Companies Covered AccessData Group LLC, Binary Intelligence LLC, Cisco Systems Inc., FireEye Inc., Guidance Software Inc. (Opentext), IBM Corporation, KLDiscovery Inc., LogRhythm Inc., Oxygen Forensics Inc., Paraben Corporation, Others.
The approach that is typically employed is taking information out of the electronic evidence, turning it into useful intelligence, and then presenting the prosecution's conclusions.
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