Automatic Stair Climbing Wheelchair Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, Italy - Size and Forecast 2024-2028

Automatic Stair Climbing Wheelchair Market 2024-2028

The global automatic stair climbing wheelchair market size is estimated to grow by USD 818.66 million, at a CAGR of 13.1% between 2023 and 2028. 

The growing incidence of age-related injuries or health problems is increasing the demand for automatic stair climbing wheelchairs, which are an easy and cost-effective alternative to elevators. The aging population, the increasing prevalence of chronic diseases, and the growing number of people with injuries and disabilities are driving up the demand for automatic stair climbing wheelchairs. Further, factors such as medical emergencies, long- and short-term disabilities, and the proliferation of surgical procedures are pushing the market further as medical mobility aids are needed. Conditions such as knee and hip arthritis and fractures primarily affect the elderly population. This is leading to an increase in the dependency of individuals on family members and caregivers, which therefore creates demand for the market during the forecast period.

Technavio has segmented the market into End-user, Type, and Geography

• The end-user  segment is classified into personal and hospital
• The type segment is classified into manual and powered
• The geography segment includes key regions such as North America, Europe, APAC, South America, and Middle East and Africa

It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.

What will be the size of the Market During the Forecast Period?

To learn more about this report, Download Report Sample

Segmentation by End-user, Type and Geography Analysis

End-user Analysis 

Personal

The market share growth by the personal segment will be significant during the forecast period. The global aging population (those over 65) is growing at a significant rate, which is fueling demand for residential automated stair climbing wheelchairs. The demand for automatic stair climbing wheelchairs is driven by the difficulty that people with mobility impairments face when navigating conventional stairways in residential buildings. The largest and most challenging obstacles for those who use wheelchairs or have limited mobility as they age are staircases leading into buildings.

Get a glance at the market contribution of various segments Download PDF Sample

The personal segment was the largest and was valued at USD 518.24 million in 2018. Due to a variety of age-related conditions, it has been noted that the majority of elderly people prefer to have an automated wheelchair that climbs stairs at their residential homes. This has encouraged people to buy new wheelchairs with automated stair climbing in residential settings. One of the most prevalent age-related conditions affecting the elderly population is osteoporosis, which causes weak bones and low bone density. It increases a person's susceptibility to bone fractures and makes the elderly population more fragile. In addition, a lot of individuals in this age range suffer from arthritis. Such factors will boost the growth of personal automatic stair climbing wheelchairs, which, in turn, will drive the growth of the market during the forecast period.

Type Analysis 

Manual

Manufacturers will probably concentrate on creating cutting-edge manual stair climbing wheelchairs with enhanced features as technology develops further, increasing the mobility and independence of people with disabilities. When compared to their fully automated counterparts, these wheelchairs provide a more affordable option, increasing their accessibility for a wider range of users. Furthermore, the largest obstacles facing manufacturers of manual stair climbing wheelchairs are stringent laws and intricate regulatory frameworks that differ from nation to nation. The high cost and complexity of operating automatic stair climbing wheelchairs prevent many people from using them. Throughout the projection period, technological advancements will assist businesses in lowering the price of manual stair climbing wheelchairs, which will boost sales. These factors will propel the growth of the manual segment in the market during the forecast period.

Powered

The global market for automatic stair climbing wheelchairs is expected to witness substantial growth in the powered segment between 2024 and 2028. Technological developments and a growing emphasis on improving accessibility for people with restricted mobility are anticipated to fuel demand for these cutting-edge gadgets. With their advanced control systems and motorized mechanisms, powered stair climbing wheelchairs give their users more independence when navigating staircases without the need for outside assistance. Therefore, due to its convenience, safety, and increased independence, the powered segment is anticipated to grow and maintain its position in the global market during the forecast period.

Regional Analysis

For more insights about the market share of various regions Download PDF Sample now!

North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and analysis, and drivers that will shape the market during the forecast period. The market is expanding in North America due to elements such as the rising prevalence of chronic diseases, the substantial presence of key companies such as Caterwil LLC and Mobius Mobility LLC, the rise in awareness campaigns for safe patient handling, and the high cost of healthcare. In 2023, the US was the largest contributor to the market in North America. The rise in the ageing population is an important factor in the growth of the market. A doctor's diagnosis of arthritis, rheumatoid arthritis, gout, lupus, or fibromyalgia was given to an estimated 53.2 million US adults between 2019 and 2021, according to data from the National Health Interview Survey (NHIS).

In addition, the CDC also reported that by 2040, approximately 78 million adults aged 18 or above would be diagnosed with arthritis. Arthritis can impair the mobility of patients, and such patients may need automatic stair climbing wheelchairs to maintain their independence. Vendors are adopting a variety of market tactics, such as mergers and acquisitions and collaborations with distributors, to strengthen their market presence in response to the growing adoption of stair lifts in residential buildings and healthcare facilities. Such factors are expected to drive the regional market growth during the forecast period. 

Buy Full Report Now

Key Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including:

AATGB Ltd. - The company offers automatic stair climbing wheelchairs such as the S Max stairclimber which presents an ideal solution for wheelchair users seeking seamless mobility.

• ANTANO GROUP S.R.L.
• BFree Technology Ltd.
• Caterwil LLC,
• Jamshed Dalal
• Mobius Mobility LLC
• Ostrich Mobility Instruments Pvt. Ltd.
• SANO Transportgeraete GmbH
• Scewo AG
• Vin Grace Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. 

Key Drivers

The growing prevalence of disabilities in the geriatric population is notably driving market growth. Mobility solutions to improve the lives of people with disabilities are becoming more and more in demand as the world's population ages and chronic health conditions become more common. Wheelchairs that can climb stairs fulfill a vital need by giving individuals with restricted mobility an independent way to enter environments with multiple levels. In addition, a greater consciousness of inclusivity and accessibility is influencing societal shifts and promoting the use of assistive technologies in both public and private settings. 

Moreover, there is a growing market need for creative and effective mobility solutions as the prevalence of disabilities rises, whether as a result of age-related conditions or other factors. With their seamless stair climbing capabilities, automatic stair climbing wheelchairs provide a vital solution for users to access areas that might otherwise be difficult to reach. These factors will boost the growth of the market during the forecast period.

Significant  Trends

Growing investment in developing countries is an emerging trend shaping market growth. There aren't many residential applications for the new automatic stair climbing wheelchair in developing nations. On the other hand, it is anticipated that advancements in the infrastructure of healthcare in several developing nations, including Brazil, Argentina, China, India, and Indonesia, will propel the need for and uptake of automatic stair climbing wheelchairs in medical facilities, including ambulatory surgery centers. The COVID-19 pandemic revealed China's government's inadequate investments in the medical and healthcare sector, which led to a severe lack of medical practitioners and resources. As a result, the Chinese government intends to quicken its investment in the healthcare sector.

For example, the National Development and Reform Commission of China invested more than USD 40 million in the building of new medical facilities in Wuhan in January 2020. With roughly 7.131 million hospital beds, China will have 23,524 private hospitals and 11,870 public hospitals by 2021. The construction of new healthcare facilities such as hospitals, will create new market opportunities for the installation of new stair lifts, which, in turn, will fuel the growth of the market during the forecast period.

Major  Challenges

Growth in traditional lifts or elevators is a significant challenge hindering market growth. Companies of stair lifts face significant challenges due to the high demand for traditional lifts or lifts. Stairlifts can occasionally provide a convenient and economical solution. However, they are not a safe option for wheelchair or powerchair users. While wheelchair users may find stair lifts difficult to use, the majority of stair lift users can get up without any assistance. Because of this, traditional lifts or elevators, which wheelchair users can easily use become necessary in public and commercial spaces.

However, wheelchair users can also move between floors with greater safety and room thanks to the spaciousness of traditional lifts. Such advantages of traditional lifts may create major challenges for the market, which, in turn, will hinder the market growth and trends during the forecast period.

Buy Now Full Report

Key Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market analysis and report also include key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.

 Customer Landscape

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.

• End-user Outlook
  • Personal
  • Hospital

• Type Outlook
  • Manual
  • Powered

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile
    • Brazil
    • Argentina 
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Automatic Stair Climbing Wheelchair Market Scope
Report Coverage	Details
Page number	148
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 13.1%
Market Growth 2024-2028	USD 818.66 million
Market structure	Concentrated
YoY growth 2023-2024(%)	12.55
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 39%
Key countries	US, Canada, China, Germany, and Italy
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	AATGB Ltd., ANTANO GROUP S.R.L., BFree Technology Ltd., Caterwil LLC, Jamshed Dalal, Mobius Mobility LLC, Ostrich Mobility Instruments Pvt. Ltd., SANO Transportgeraete GmbH, Scewo AG, and Vin Grace Co.
Market dynamics	Parent market growth analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Sample PDF at your Fingertips

What are the Key Data Covered in this Automatic Stair Climbing Wheelchair Market  Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the between 2024 and 2028
• Precise estimation of the size and its contribution of the market in focus to the parent market
• Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
• Companies landscape comparing criticality of inputs and factors of differentiation
• Exclusive Matrix on companies position and classification
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch