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Electric Wheelchair Market Size, Share And Growth, Analysis Research Report By Product type (Center Wheel Drive, Front Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair, Sports Wheelchair) By Category (Adults, Pediatric), By Application (Home care, Hospitals, Clinic), By Region, Competitive Insights And Segment Forecasts, 2020 - 2025 By Innovation Market Research, Inc

 Pulichser: 99strategy

December 2019

 Pages: 117

 IMR 9501

Global Electric Wheelchair Industry is anticipated to gain substantial revenue by 2025. The market is expected to grow at a significant CAGR over the forecast period (from 2016 to 2025). Growing elderly population, incidence of spinal disorders, and supportive government healthcare policies are some of the major market drivers. High demand for wheelchairs for disabled people can further support the growth.

Electric wheelchairs are power mobility devices used to assist persons with physical disabilities or spinal disorders. They are also known as electric-powered wheelchairs (EPW), powerchairs, and motorized wheelchairs. They are also utilized by the consumers that are suffering from fatigue and cardiovascular diseases. The evolution of these devices has led to stair-climbing and standing wheelchairs. Other features added over the years encompass Wi-Fi, Bluetooth, and remote control of other home-owned devices.

Manufacturers continue to improve their current devices to cater to their target audience of elderly, children, and adults. The U.S. FDA and other regulatory agencies are relaxing their guidelines to allow patients to procure wheelchairs with more ease. Researchers at a Jerusalem hospital have managed to develop a device that can remotely call electric wheelchairs to patient beds. The device dubbed “Chair Call” is expected to aid children and adults with mobility-hampered diseases. However, availability of Relaters, which is a wheelchair alternative, can impede market growth in the forthcoming years.

The worldwide electric wheelchair market is divided on the basis of products, end users, and regions. According to products, the market is trifurcated into center wheel, front wheel, and rear wheel drive electric wheelchairs. Center wheel drive is anticipated to dominate the global market over the forecast period due to its capacity to handle steep and uneven terrain. Front wheel drive is expected to exhibit a robust CAGR due to possessing a better circumference turn drive than center wheel drive.

On the basis of end users, the segments are homes, hospitals, and others. Hospitals may exhibit a decent CAGR over the forecast period. Hospitals have adopted electric wheelchairs to assist mobility-ridden patients. This can propel the market by 2022. Hornsby Hospital is one of the first hospitals in Australia to adopt these devices to transport patients from wards to medical imaging stations.

Geographically, the market is split into Southeast Asia, Japan, India, China, Europe, and North America. North America is expected to reign over the global market due to constant demand from the U.S. and presence of government policies that offer these devices at lowered rates. India and China are expected to emerge as the destinations for lucrative investments for the major manufacturers. Low penetration can contribute to the regional growth in the years to come. Japan accounted for substantial share of the regional market in 2015.

Key players in the global market for electric wheelchair are Invacare Corp.; Pride Mobility Products Corp.; Merits Health Products Inc.; Hove round Corporation; and Drive Medical. Acquisitions and partnerships are the primary business strategies utilized by most companies to increase market share. For instance, in 2014, Drive Medical acquired Med quip Inc. to strengthen its product portfolio. Consumers with HME can benefit from this acquisition to procure wheelchairs and other medical equipment deemed necessary.

A motorized wheelchair, powerchair, electric wheelchair or electric-powered wheelchair (EPW) is a wheelchair that is propelled by means of an electric motor rather than manual power. Motorized wheelchairs are useful for those unable to propel a manual wheelchair or who may need to use a wheelchair for distances or over terrain which would be fatiguing in a manual wheelchair. They may also be used not just by people with 'traditional' mobility impairments, but also by people with cardiovascular and fatigue based conditions.

Centre wheel drive electric wheelchair is used in the smaller space with good flexibility, but the front wheels on uneven terrain conditions or the rear wheel is easily caused stagnation of wheelchair card.Figure Picture of Electric Wheelchair The report forecast global Electric Wheelchair market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020- 2025.

The report offers detailed coverage of Electric Wheelchair industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electric Wheelchair by geography. The report splits the market size, by volume and value, on the basis of application type and geography. First, this report covers the present status and the future prospects of the global Electric Wheelchair market for 2015-2025 And in this report, we analyze global market from 5 geographies.

At the same time, we classify Electric Wheelchair according to the type, application by geography. More importantly, the report includes major
countries market based on the type and application.

Finally, the report provides detailed profile and data information analysis of leading Electric Wheelchair company.

Key Content of Chapters as follows (Including and can be customized) :
Part 1: Market Overview, Development, and Segment by Type, Application & Region
Part 2: Global Market by company, Type, Application & Geography
Part 3-4: Asia-Pacific Market by Type, Application & Geography
Part 5-6: Europe Market by Type, Application & Geography
Part 7-8: North America Market by Type, Application & Geography
Part 9-10: South America Market by Type, Application & Geography
Part 11-12: Middle East & Africa Market by Type, Application & Geography
Part 13: Company information, Sales, Cost, Margin etc.
Part 14: Conclusion

Market Segment as follows By Region:

Asia-Pacific
China
Southeast Asia
India
Japan
Korea
Oceania

Europe
Germany
UK
France
Italy
Russia
Spain
Netherlands
Turkey
Switzerland

North America
United States
Canada
Mexico

Middle East & Africa
GCC
North Africa
South Africa

South America
Brazil
Argentina
Columbia
Chile
Peru

Key Companies
Drive Medical
Golden Technologies
Invacare Corp
Hoveround Corp
Heartway
21st Century SCIENTIFIC Inc.
Pride Mobility Products Corp
EZ Lite Cruiser
Merits Health Products, Inc.
Dane

Market by Type
Centre wheel drive electric wheelchair
Front wheel drive electric wheelchair
Rear wheel drive electric wheelchair

Market by Application
Hospital
Home
Clinic
Others

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