Electric
wheelchairs are the battery powered wheelchairs which do not require
any external human assistance for mobility. The user alone can
control the movements with various input devices such as joysticks,
touch pads and other devices. Electric wheelchairs provide multiple
functionalities to assist the user in both indoor and outdoor
activities with nominal human effort. Electric wheelchairs are not
only used by people with traditional mobility impairments but also by
those with cardiovascular conditions. Electric wheelchairs are
sophisticated products and reflect to the lifestyle of the users.
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Electric Wheelchair Market Report with Full TOC at
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The
global electric wheelchair market is expected to witness substantial
growth during the forecast period. The increase in aging population
globally is stimulating the growing demand for electric wheelchair.
In addition, the growing demand for advanced wheelchairs from the
sports industry is also influencing the growth of this market. Need
for automated mobility for disabled and elderly population, while
performing regular tasks is also contributing to the growth in demand
for electric wheelchairs globally. High disposable income in
countries such as the U.S., Canada, the U.K., France, Italy, Germany,
and Japan is influencing a positive growth to the electric wheelchair
market.
The
developing economies like India, China, Brazil, Indonesia and others
are expected to generate further demand for electric wheelchairs in
the future. With technological advancement in the electric wheelchair
industry, new products are being developed by the manufacturers with
better efficiencies, functionalities and customization. The sports
industry has recently seen participation of disabled people in
wheelchair based games, both indoor and outdoor. Thus, a major share
of the electric wheelchair market is boosted by the demand from the
sports industry globally. There are some challenges which the
industry faces and few of those have high impacts presently such as
lack of awareness and infrastructure. However, it is expected that
the impacts of these factors is expected to reduce during the
forecast period.
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In
this report, the market has been segmented based on product type and
geography. It also includes drivers, restraints and opportunities
(DROs), Porter’s five forces analysis and value chain of the
electric wheelchair market. The study highlights current market
trends and provides the forecast from 2014 to 2020. The report covers
the current market scenario for electric wheelchairs and highlights
future trends that could affect the demand for the same. The global
electric wheelchair market is expected to observe a steady growth
rate from 2014-20120 at a very high CAGR.
By
geography, the market has been segmented into North America, Europe,
Asia Pacific and Rest of the World (RoW). Based on the product types,
the market has been categorized into front wheel drive wheelchairs,
center wheel drive wheelchairs, rear wheel drive wheelchairs and
standing electric wheelchairs. The market size and forecast from 2014
to 2020 have been provided in the report.
The
report also analyzes macroeconomic factors influencing and inhibiting
the growth of the electric wheelchair market. Porter’s five forces
analysis offers insight into the market competition throughout its
value chain. The market attractiveness analysis provided in the
report highlights key investing areas in this industry. The report
will help manufacturers, suppliers and distributors understand the
present and future trends in this market and formulate their
strategies accordingly.
This
study includes the profiles of key players in the market and the
strategies adopted by them to sustain in the competition. Recent
developments and barriers of the market is expected to help emerging
players to design their strategies in an effective manner. The study
is expected to help key players in broadcast electric wheelchair
manufacturers to formulate and develop new strategies. The key
participants in this market are Invacare Corp., Pride Mobility
Products Corp., Sunrise Medicals, Permobil Corp., Handicare, Ottobock
Healthcare GmbH, Medort, Drive Medicals Ltd., Hoveround Corp.
Global
Electric Wheelchair Market: By Product Types
- Front Wheel Drive electric wheelchair
- Center Wheel Drive electric wheelchair
- Rear Wheel Drive electric wheelchair
- Standing electric wheelchair
- Others
Global
Electric Wheelchair Market: By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world (RoW)
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