ADAPTIVE STROLLERS MARKET ANALYSIS

Adaptive Strollers Market – Insights

Adaptive stroller is a special mobility equipment that is designed to offer smooth mobility and comfortable seating for patients with neurodegenerative disorders. It offers a lighter and more portable alternative to wheelchair. Adaptive strollers can be equipped with accessories that help with comfortable positioning and posture. For younger children, strollers are an appropriate alternative to a wheelchair and are more easily transported in cars than heavier wheelchairs. Adaptive strollers are available for nearly all sized clients and frame adjustments and seating options vary significantly among different models.

The global adaptive stroller market size was valued at US$ 313.4 million in 2017 and is expected to witness a CAGR of 7.8% over the forecast period (2018 – 2026)

Global Adaptive Strollers Market Share (%) Analysis, By Product 2017

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Source: Coherent Market Insights Analysis (2018)

Increasing prevalence of neurodegenerative diseases is expected to drive the adaptive stroller market revenue

Neurodegenerative disease is an array of conditions, which primarily affects the neurons in the human brain. It is an incurable and devastating conditions that results in progressive degeneration and death of nerve cells, which causes problems with movement or mental functioning. Spinal Muscular Atrophy (SMA) and motor neuron diseases are the most common neurodegenerative diseases in children. SMA affects the motor neurons that control body movement.

According to a report published in the PLOS One journal, 2018, SMA is the leading genetic cause of infant death worldwide, with an incidence of around 1 per 10,000 newborns worldwide. Cerebral palsy is also the most common motor disability in childhood. According to the Centers for Disease Control and Prevention’s (CDC) 2014 report, an average of one in every 323 children in the U.S. suffer from cerebral palsy.

Adaptive Strollers Market Restraints

High product cost and limited features as compared to wheelchair are the major factors expected to confine the adaptive stroller market growth during the forecast period. Adaptive strollers generally use the same manufacturer’s seating options, whereas manual wheelchairs can accommodate a variety of manufacturers’ seating systems and components, depending on the customer need.

Adaptive Strollers Market - Regional Insights

On the basis of region, the global adaptive strollers market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America adaptive strollers market is expected to generate major revenue share during the forecast period. This is owing to increasing investment of government in the healthcare sector coupled with a large number of children suffering from mobility disorders. According to the CDC 2014 report, the expenditure on treatment for a child with Autism Spectrum Disorder (ASD) was US$ 17,000, annually and it increased to over US$ 21,000, annually for a child with more severe ASD.

Europe adaptive stroller market size is expected to witness significant growth, owing to higher prevalence of SMA in the region and increasing charity and funding for adaptive stroller by various government and private organizations such as The ACT Foundation, Action For Kids, and Cerebra. According to the NHS 2014 report, approximately 5,500 to 6,000 people in the UK were suffering with some form of SMA.

Global Adaptive Strollers Market Revenue 2017 (US$ Mn), By Region

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 Source: Coherent Market Insights Analysis (2018)

Adaptive Strollers Market - Competitive Landscape

Key players operating in the global adaptive strollers market include, Adaptive Star, Assistive Technology, Inc., Convaid Products, Inc., Deming Designs Inc., Eurovema Ab, Invacare Corporation, Meyra, Ormesa, Performance Health, Special Tomato, Sunrise Medical LLC, R82 Inc., and Thomashilfen.us.