How to Boost Wheelchair Stair Climber Market Compound Annual Growth Rate (CAGR)?


Posted March 30, 2021 by mrunalnerkar

Manual stair wheelchairs or stair climbers are portable stair considered as an accessibility solution, which allows caregiver to transport an individual up and down the stairs with their wheelchair.
 
Manual stair wheelchairs or stair climbers are portable stair considered as an accessibility solution, which allows caregiver to transport an individual up and down the stairs with their wheelchair. Manual stair wheelchair can work on any stair configurations such as straight, curved or angular, compared to wheelchair stair lift, where stair lift modality depends on the type of stair configurations (curved stair lift requires curved rails to fit the staircase’s exact shape, making them more complicated and costly). These stair climbing wheelchairs are lightweight and portable, allowing to disassemble into pieces to carry with patient.
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Advancement in stair climbers includes integration of automated braking system with the chair. This aids to stops the unit at the edge of the stair step, thus reducing risk of falling. These automatic braking systems gradually engaged when wheelchair is tilted back, enabling it to use on ramps and hills. There are different types of portable stair climbers, designed to suit wide range of staircases with any kind of materials such as carpet, steel, wood, brick, and concreate.
Manual Stair Climbing Wheelchair Market Drivers
The global manual stair climbing wheelchair market is expected to witness high growth owing to rising geriatric population and increasing lower limb amputation cases due to various diseases such as diabetes, vascular diseases, and osteoarthritis. Geriatric population is also prone to various chronic diseases, vertigo and dizziness, mental deterioration, and limited mobility. For instance, according to the American Community Survey (ACS) estimates, the overall rate of people with disabilities in the U.S. population in 2016 was 12.8%. Furthermore, according to 2017, Disability Statistics & Demographics report, the percentage of people with a disability in the U.S. slowly increased from 11.95% in 2010 to 12.8% in 2016.
According to World Population Prospects: 2017 report, in 2017, there were an estimated 962 million people aged 60 or above, globally, comprising 13% of the global population. The population aged 60 or above is growing at a rate of about 3% per year. In addition to this, according to the same source, Europe has the largest percentage of population aged 60 or over (25%). Furthermore, according to the Centers for Disease Control and Prevention (CDC), May 2017 data findings, there were 53 million adults in the U.S. suffering from any form of disability. Of this, 13% of adults shows mobility related disabilities, causing serious difficulty in walking or climbing stairs. 
According to the International Population Reports, 2015 data findings, the number of geriatric population is projected to increase over 60% in just 15 years in 2030 and there will be about 1 billion geriatric people globally, which is equivalent to 12.0% of the total population. According to the Eurostat Statistics, in 2017, around one fifth (19%) of the Europe population was aged 65 and more. Moreover, the share of people aged 80 years or over is expected to double by 2080, to reach 13% of the entire population of Europe. Furthermore, according to the National Institute on Deafness and Other Communication Disorders (NIDCD)- 2014 data findings, 4% of adults (8 million) Americans reported a chronic problem with balance, and an additional 1.1% (2.4 million) reported a chronic problem with dizziness.
Moreover, ease of accessibility and low installation costs are supplementary key factors driving growth of manual stair climbing wheelchair market. Manual stair wheelchairs also costs low compared to wheelchair stair lift configuration. According to the Research Institute for Disabled Consumers, November 2017 data findings, average cost of straight stair lift ranges between US$ 3,370 to US$ 3640, while wheelchair climber costs around US$ 150-US$ 220.
However, increasing adoption of automated stair wheelchairs, owing to compact, easy handling, both indoor and outdoor mobility, and battery powered option, is expected to negatively affect growth of the global manual stair climbing wheelchair market size.
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Manual Stair Climbing Wheelchair Market - Regional Analysis
On the basis of region, the manual stair climbing wheelchair market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America manual stair climbing wheelchair market holds a leading position in the global market, owing to rising geriatric population and disability, increasing adoption of technological advanced products in manual stair wheelchairs and presence of key manufactures of manual stair wheelchair in this region. For instance, according to the U.S. Department of Health and Human Services, in 2014, 14.5% (46.3 million) of the U.S. population was aged 65 or older and is projected to reach 23.5% (98 million) by 2060. For instance, 101 Mobility LLC: a Wilmington (U.S.) based company engaged in offering accessibility solutions to the disabled patients, includes wide range of wheelchair related accessories and tools such as wheelchair stair climber, platform lifts, manual and automated wheelchairs, wheelchair stair lifts, among others to target customer. 
Manual Stair Climbing Wheelchair Market Competitive Landscape
Some of the key players operating in the manual stair climbing wheelchair market are 101 Mobility LLC, Wanrooe Machinery Co., Ltd, AATGB Ltd, and PRO ACTIV Reha-Technik GmbH, among others. 
Global Manual Stair Climbing Wheelchair Market Taxonomy:
By Modality
• Manual self- propelled wheelchair
• Manual attendant- propelled wheelchair
By End Users:
• Hospitals
• Ambulatory Surgical Centers
• Home Care Settings
• Others
By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
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Issued By Coherent Market Insights
Country United States
Categories Medical
Tags wheelchair stair climber market , wheelchair stair climber market analysis , wheelchair stair climber market forecast , wheelchair stair climber market share
Last Updated March 30, 2021