Israel wheelchair market is
expected to show an impressive growth during the forecast period, 2024-2028. The wheelchair
market is a rapidly growing industry, the increasing prevalence of disabilities
and the aging population, combined with advancements in technology, are among
the primary factors which is driving the Israel wheelchair market.
One
of the key drivers of the wheelchair market is the rise in the number of people
with disabilities in Israel. According to the
World Health Organization (WHO), the number of people with disability in Israel
is expected to increase as the population ages and as the prevalence of chronic
diseases such as diabetes, cardiovascular disease, and obesity continues to
rise. As a result, there is a growing demand
for mobility aids such as wheelchairs, which can help individuals with
disabilities to maintain their independence and improve their quality of life.
This demand is driving innovation in the wheelchair market also, as
manufacturers develop new and improved products to meet the needs of the
growing population with different form of disabilities in Israel.
Advancements
in technology are also playing a significant role in driving the wheelchair
market. The development of lightweight materials such as carbon fiber has made
it possible to create lighter, more maneuverable wheelchairs that are easier to
use and more comfortable for users. In addition, advances in battery technology
have led to the development of powered wheelchairs that offer greater mobility
and independence for users.
The
rise of e-commerce is also playing a crucial role in driving the wheelchair
market in Israel because most of the medical equipment are exported in the
country. Online retailers such as Amazon and Alibaba have made it easier for
consumers to purchase wheelchairs and other mobility aids online, which
increases accessibility and convenience for users living in Israel as well.
This has also made it easier for individuals with disabilities to shop for and
compare different wheelchair models, as they can easily access product
information and customer reviews online.
The
increasing focus on accessibility in public spaces is another driver which is
growing the demand for wheelchairs in Israel. Laws and regulations in Israel
also focus on disability rights, wherein it is a legal requirement for all the public
areas to be handicap accessible. Privately managed institutions are also
subjected to this rule. All medical and educational institutions are required
to make their buildings completely handicap accessible owing to wheelchair
accessibility. Wheelchair users must have easy access to these locations. This
has created a demand for wheelchairs that are designed to navigate through
narrow doorways and tight spaces, as well as for wheelchair ramps and other
accessibility features, thereby increasing the demand for powered wheelchairs
for use in public places.
Growing Integration of
Automation to Boost the Israel Wheelchair Market
The
increasing automation of healthcare equipment, particularly mobility equipment
like wheelchairs, is a key factor predicted to drive market expansion in Israel.
Modern wheelchairs come equipped with non-linear processing circuits, guidance
sensors, pulse steering drive, and several settings to provide patients with a
comfortable and smooth ride. Technological advancement is enabling companies to
innovate and manufacture products which are efficient and can provide more
support to people who is dependent on others for mobility. UPnRIDE Robotics, an
Israeli robotics company is focusing to produce wheelchairs for quadriplegics enabling
them to move freely in both sitting and standing positions, which will help
their mobility in both outdoor and indoor environment. Quadriplegics,
paraplegics, the elderly, people suffering from amyotrophic lateral sclerosis
(ALS) and people with other mobility-restricting conditions can easily use the
device. The company intends to establish distribution and service centers in
the US after receiving FDA distribution clearance. In contrast to other standing wheelchairs
currently available in the market, UPnRIDE's solution is suitable for both
indoor and outdoor settings because, once the user is propelled to a standing
position, their center of gravity is maintained within the center of the
wheelchair using an auto-balancing mechanism, ensuring the wheelchair is stable.
This allows the device to maneuver across a range of surfaces, including
sidewalks and slopes. Thus, the integration of automation in wheelchairs to
minimize the human input to perform task and lower the dependency on others for
daily needs is expected to boost the market of Israel wheelchairs among the
geriatric population of the country.
Rising
Rate of Osteoporosis
Due
to aging of the population and the changing lifestyle habits, the prevalence of
osteoporosis has been rising in Israel from the past few years, which is
expected to increase the rate of both the prevalence and incidence of bone
related fragility fractures.
According
to a paper that was published in PLOS One, a peer-reviewed open access mega
journal published by the Public Library of Science, an osteoporosis registry
was established in Israel by Maccabi Health, that discovered a rise of 118,141
osteoporosis patients with the possibility that Israel may experience close to
500,000 cases of this disease annually. Some
individuals may require the need of a wheelchair depending on the severity of
osteoporosis, the use of wheelchair helps in avoiding falls or accidents due to
weak bones. Moreover, people suffering from spinal cord injury also require the
use of wheelchair for mobility, proper fit, and postural support to the
disabled person. With the rising cases of spinal cord injuries in Israel along
with increasing incidence of osteoporosis, the demand for the wheelchair among adults,
senior citizens and even children is expected to boost the Israel wheelchair
market in the forecast period.
Download Free Sample Report
Increasing
Investment in Artificial Intelligence
In
terms of start-ups and medical device patents, Israel is regarded as the global
leader in per capita. Over 700 businesses operate in the area, making up 53% of
the entire life sciences sector in Israel. Ziv Av Engineering (ZAE) a firm in
Israel, helps start-ups make new technologies for people with disabilities. Ziv
Av Engineering (ZAE) has cooperated with numerous start-ups and businesses in
recent years to create hundreds of medical and biotech devices as a part of its
extensive operations for clients like HP, RAFAEL, and Israel aerospace
industries. The company concentrates on producing goods that can have an impact
on the daily lives of millions of people with physical disabilities worldwide.
A range of vibrant plastic wheelchairs made by ZAE as a part of a pro bono
project with the humanitarian organization “Wheelchairs of Hope” is already
available on the market and is designed for distribution to children with disabilities
in underdeveloped nations. The lightweight design of wheelchair complies with
WHO standards while also accommodating children's smaller frames, size
requirements, and operating more portably than normal wheelchairs.
Taiwanese
manufacturing company “Karma Medical Devices and Israeli startup ReSymmetry” teamed
up in 2020 for a joint venture to design and produce a smart seating solution
for motorized wheelchairs and rehabilitative chairs with an investment of USD 2
million. The two businesses will work together to create and develop a smart
robotic seating solution that automatically adjusts the seating position for
each disabled user. The device will be incorporated into a variety of
rehabilitative items, enabling persons with disabilities to remain mobile while
sitting upright.
ReSymmetry
works by creating AI-based technology that analyses and recognizes sitting
postures using information gathered in real-time from sensors integrated in the
system's numerous components. The system then generates a unique programme and
instantly corrects any errors.
The
phrase "reinvent the wheel" has been interpreted by another Israeli
business in the country. The wheel has been enhanced by Softwheel, a Tel
Aviv-based company, enabling wheelchairs and bicycles to glide over obstacles
like stairs and bumps with ease. When a wheel experiences an impact that
exceeds a certain threshold, the company's "Selective Suspension
Technology" engages, where a cushion effect is produced when the wheel's
hub deviates from its normal position, absorbing and reducing the impact on the
rider thus avoiding any mishap. Thus, the increasing investment in the startup
companies and integration of artificial intelligence to overcome any technical
glitches in wheelchair is expected to boost the Israel wheelchair market.
Market Segmentation
Israel wheelchair
market is segmented into product type, application, category,
distribution channel, regional distribution, and company. Based on product
type, the market is segmented into manual and powered. Based on application,
the market is segmented into institutional and personal. Based on the category,
the market is segmented into adult and pediatric. Based on the distribution
channel, the market is segmented into retail sales and non-retail sales. Based
on region, the market is segmented into the Mediterranean
Coastal Plain, the Central Hills, the Jordan Rift Valley, and the Negev Desert.
Market Players
WHILL
Inc. (EZ4U), Permobil AB, CHEMITEC Advanced Medical Solutions (MEYRA GmbH),
A.S. Wheelchairs Ltd., R. Shael company, Gal Kel Accessibility Technologies,
Colours Wheelchair (Sagol Direct Rehab Ltd.), DS Medix, R-Cure Medical, UPnRIDE
Robotics Ltd. are some of the leading players operating in the Israel wheelchair
market.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historical Years
|
2018 – 2021
|
|
Estimated Year
|
2023
|
|
Forecast Period
|
2024 – 2028
|
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2018-2022 and 2023-2028
|
|
Report Coverage
|
Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments Covered
|
Product Type
Application
Category
Distribution Channel
|
|
Regional Scope
|
The
Mediterranean Coastal Plain, The Central Hills, The Jordan Rift Valley, The
Negev Desert
|
|
Key Companies Profiled
|
WHILL Inc. (EZ4U), Permobil AB,
CHEMITEC Advanced Medical Solutions (MEYRA GmbH), A.S. Wheelchairs Ltd., R.
Shael company, Gal Kel Accessibility Technologies, Colours Wheelchair (Sagol
Direct Rehab Ltd.), DS Medix, R-Cure Medical, UPnRIDE Robotics Ltd.
|
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and Purchase Options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Israel wheelchair
market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:·
Israel Wheelchair Market, By Product Type:
o Manual
o Powered
·
Israel Wheelchair Market, By Application:
o
Institutional
o
Personal
·
Israel Wheelchair Market, By Category:
o Adult
o Pediatric
·
Israel Wheelchair Market, By Distribution Channel:
o Retail Sales
o Non-Retail Sales
·
Israel Wheelchair Market, By Region:
o The Mediterranean Coastal Plain
o The Central Hills
o The Jordan Rift Valley
o The Negev Desert West
Competitive
Landscape
Company Profiles: Detailed analysis of the
major companies present in Israel wheelchair market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Israel wheelchair market is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]