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Overall, the report finds that the automatic stair climbing wheelchair market has grown tremendously in the past two years. It gained a niche market of users who require the assistance of a mobility device to enter and exit their homes. There are many unique characteristics of this particular product. This report also indicates that the demand for this product is likely to grow in the future. It is targeted at people with mobility conditions that limit their ability to walk on their own. The global market research indicates that the majority of users are in the senior segment. The top five segments are Parents/ caregivers (mostly male), in-home caregivers/ professionals, independent or self-reliant, and disabled or elderly. The segment analysis report offers interesting details about each segment. This helps in planning the advertising campaigns.
Based on the secondary research the sales of this product can be traced to senior citizens, disabled or aged adults, and adults with disabilities. It is found that the key reason behind the purchase of this chair is the increased mobility. As per the current market dynamics, the sales of this equipment are increasing at an alarming rate. The market is dominated by three manufacturers yet there are some dominant players in this segment as well. Based on the secondary research this equipment is classified into three categories namely Manual, Electric and Hydraulic. As the demand for this equipment increases, there is an acute need for manual and hydraulic models of this product. There is a steep rise in the sales of this product as it fulfills the mobility needs of the senior citizens. Senior citizens require this equipment to climb up and down the stairs.
It has been found out that this type of wheelchair can be purchased from the leading manufacturers such as Cushman, Omega, KEGO, Power Wheels, and Power Squeeze. The power-powered models of this product are suitable for both residential as well as commercial settings. These are designed in such a way that they can be used in rehabilitation centers, home care settings, home health care settings, and other healthcare facilities. The design and features of the products are such that they can be used indoors and outdoors. Based on the research, it has been found out that the demand in this segment is increasing at a rapid pace. This can be attributed to the fact that this product offers a lot of benefits to the users at economical prices. A disabled individual requires a lot of assistance for daily living and also during his/her profession. Thus, this product has become the most demanded one in the home care settings as well as in the rehabilitation centers and healthcare units. It can be easily said that the automatic wheelchair market is segmented in the following manner: