Global Electric
Wheelchair Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015-2025
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Report
Description
Report Description
Electric wheelchairs are also called as power chairs or electric power wheelchairs. They
do not require any human assistance for mobility as they are powered by battery. Most
obvious advantage of electric wheelchair is that they are user friendly and convenient.
These electric wheelchairs are useful for those unable to use manual wheelchair or who
may want to use wheelchair for travelling longer distance and in such case using manual
wheelchair is very difficult. Apart from people with traditional mobility disability, they
may also be used by people with cardiovascular diseases or who met with any accidental
conditions.
Electric Wheelchair Market: Drivers and Restraints
Factors which are driving the growth of global electric wheelchair market are growing
worldwide elderly population, necessity of automated wheelchair for disabled people
and high disposable income of people from developed countries such as UK, France,
Germany, US, Canada and Japan. Furthermore increasing demand of advanced
wheelchairs from sport industry is also influencing the growth of electric wheelchair
market, as many sport events are organised specially for disabled persons.
Apart from several advantages, global electric wheelchair market is also facing some
challenges such as high cost of electric wheel chair and lack of awareness and
infrastructure. However this issues are expected to reduce during forecast period
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Report
Description
Report Description
Electric Wheelchair Market: Segmentation
The Global Electric wheelchair market is segmented on the basis of product type and
region. By product type, the electric wheelchair market can be segmented as centre wheel
drive electric wheelchair, front wheel drive electric wheelchair, standing electric wheelchair,
rear wheel drive electric wheelchair and others. Among all this product types, centre wheel
drive electric wheelchair held largest revenue share and represents more than 50% of total
market in 2014. Front wheel drive electric wheelchair is expected to be second largest
growing type after centre wheel drive electric wheelchair and estimated to conquer
significant growth in near future.
By region, the market is segmented into seven major region such as North America, Latin
America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Japan as a
separate region and Middle East and Africa (MEA). Current global electric wheelchair
market is dominated by North America region however in recent future developing
economies such as China, India and Brazil are expected to drive the demand for electric
wheelchairs.
Electric Wheelchair Market: Region wise outlook
The global electric wheelchair market is estimated to witness robust growth through 2025
due to growing technological advancement in electric wheelchair industry, new products
are equipped with gadgets for accessibility and control. North America region led the
market in 2014 in terms of highest demand. In US, government provides medical insurance
to people over age of 65, which also helps them to get medical facilities at subsidized rates.
Report
Description
Report Description
High purchasing power, increasing elderly population and consumer awareness and
inclination towards more sophisticated technology driven the progress of electric
wheelchair market in this region. In coming years, developing countries such as India,
China and Brazil expected to boost the demand of electric wheelchairs. It is mainly
because of gradual increase in consumer awareness and development of medical
facilities in this region.
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Electric Wheelchair Market: Key Players
The key international players operating in electric wheelchair market includes OttoBock
Healthcare GmbH, Invacare Corp., Pride Mobility Products Corp., Permobil AB, Sunrise
Medical Limited, Hoveround Corporation, LEVO AG, Invacare Corp., MEYRA GmbH,
Medical Depot, Inc., GF HEALTH PRODUCTS, INC and Others. All these key players are
focusing on delivering best value products to their customers. Customised offering and
product innovation is a common strategy adopted by most of the key players. These
electric wheelchair manufactures offers large variety and different sizes of wheelchairs
to meet demand of individuals depending upon their weight and height.
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