Report Code: A01781 | Sep 2021 | Pages: 197 | ||
Tables: 69 | Charts: 48 |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Electric Wheelchair Market
Request Now !The electric wheelchair is a motorized wheelchair equipped with wheels and a set of batteries to provide the required power to move the wheelchair in the desired direction, causing less physical exertion. These chairs do not require any human assistance for mobility. The global electric wheelchair market is expected to reach $6,845.2 million by 2030, registering a CAGR of 8.4% during the forecast period.
Electric wheelchair, also known as power wheelchair, motorized wheelchair, or electric-powered wheelchair, is a wheelchair propelled by an electrically based power source, majorly motors and batteries. Electric wheelchair consists of one or more rechargeable batteries. These batteries power motor, which facilitate the movement of wheels, joystick, or ball used to operate the wheelchair.
Increase in demand for electrical wheelchairs has led to requirement for technological advances. This is attributed to the fact that the equipment needs to be more durable and sturdier to bear the weight of obese individuals.
In addition, technological advances have led to the development of automated movement systems, which reduce manual interventions of caregivers. The patient can easily adjust the wheelchair seat and the equipment is operated using a remote control or automated controls installed in the wheelchair. Furthermore, artificial intelligence-enabled wheelchairs are introduced in the electric wheelchair industry allowing disabled people to control wheelchair though various facial expressions, including raising eyebrows and sticking out tongues. Therefore, need for technological advances in this equipment to improve comfort and safety is expected to provide lucrative opportunities for players that will lead to the expansion of electric wheelchair market size.
According to the World Health Organization (WHO), about 15% of the global population suffered from some form of disability, of which about 2–4% of the population is functionally dependent on caregivers.
Increase in disabilities is due to rise in elderly population and increase in prevalence of chronic diseases. Thus, hospitals and healthcare facilities use electrical wheelchairs to improve the welfare of patients and healthcare workers. In addition, electrical wheelchairs are used in homecare setting to transfer patients safely and comfortably from one place to another. Thus, the demand for electrical wheelchairs is expected to increase in hospitals and elderly care homes, owing to the unprecedented increase in geriatric population. As per the data released by the World Health Organization, the number of people aged 65 and over will double as a proportion of the global population from 7% in 2000 to 16% in 2050. By then, the number of elderly people will be greater than that of children (aged 0–14 years) in the population. Thus, increase in the elderly population is anticipated to create an opportunity for adoption of electric wheelchairs in the global market.
Furthermore, increase in cases of accidents acts as a key growth driver of the electric wheelchair market. This is attributed to the fact that accidents can cause temporary or permanent disabilities. It is cumbersome for caregivers to carry patients to the toilet. According to WHO, 50 million people across the globe suffer from injuries due to road accidents. Electrical wheelchairs help to safely and comfortably transfer patients from one location to another. Thus, increase in number of accidents is expected to boost the growth of electrical wheelchairs market in the near future. However, inaccessibility to quality healthcare and infrastructure in developing regions is impeding the electric wheelchair market growth. Most of the bariatric and geriatric population reside in developing and underdeveloped regions. Thus, the demand for electrical wheelchairs is expected to increase significantly in these regions. However, lack of supporting infrastructure coupled with low purchasing power and low consumer awareness hamper the market expansion. Furthermore, the quality of healthcare services is poor in low-income countries. Inaccessibility to quality healthcare facilities and supply chains are likely to hamper the procurement of these equipment, thereby negatively impacting the growth of the market.
The global electric wheelchair market is segmented into product type and region. By product type, the electric wheelchair market size is fragmented into center wheel drive, front wheel drive, rear wheel drive, standing electric wheelchairs, and others. The others segment includes sports wheelchairs, pediatric wheelchairs, and high-power electric wheelchairs. Among these products, center wheel drive witnessed maximum demand; thus, the segment garnered the largest share in the global electric wheelchair market.
On the basis of product type, the global electric wheelchair market is segregated into center wheel drive, front wheel drive, rear wheel drive, standing electric wheelchair, and others.
The center wheel drive segment leads in terms of electric wheelchair market share, owing to small turning radius, light front tires, easy maneuvering through narrow spaces, and better stability of center wheel drive; however, the front wheel drive segment is expected to gain high traction in the upcoming years.
The report focuses on market growth prospects, restraints, and opportunities during the electric wheelchair market forecast period. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers in electric wheelchair market.
The key players profiled in the report are OttoBock Healthcare GmbH, Invacare Corporation, Pride Mobility Products Corp, Permobil AB, Sunrise Medical Limited, MEYRA GmbH, Matsunaga Manufactory Co., Ltd., Karma Medical Products Co., Ltd., Miki Kogyosho Co. Ltd., and Nissin Medical Industries Co., Ltd. Other prominent players analyzed in the report are Drive Medical Ltd., GF Health Products, Inc., Invacare Corporation., Karman Healthcare, and LEVO AG.
Key Benefits For Stakeholders
Electric Wheelchair Market Report Highlights
Aspects | Details |
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By Product Type |
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By Region |
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Key Market Players | MIKI KOGYOSHO CO., LTD, INVACARE CORPORATION, PERMOBIL AB, NISSIN MEDICAL INDUSTRIES CO., LTD, KARMA MEDICAL PRODUCTS CO., LTD, OTTOBOCK SE & CO KGAA, MEYRA GROUP, SUNRISE MEDICAL (U.S.) LLC, PRIDE MOBILITY PRODUCTS CORP, MATSUNAGA MANUFACTORY CO., LTD |
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key Findings.
3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.3.1.Bargaining power of suppliers
3.3.2.Bargaining power of buyers
3.3.3.Threat of substitution
3.3.4.Threat of new entrants
3.3.5.Intensity of competitive rivalry
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Upsurge in geriatric population
3.4.1.2.Increase in incidence of spinal deformities
3.4.1.3.Increase in incidence of disabilities and accidents
3.4.2.Restraints
3.4.2.1.Inaccessibility to quality healthcare and infrastructure in developing regions
3.4.2.2.High cost compared to manual wheelchair to impede market proliferation
3.4.3.Opportunities
3.4.3.1.Emergence of technologically advanced products
3.4.3.2.Untapped opportunities in developing and underdeveloped economies
3.5.Pricing Analysis
3.6.Impact of Key Regulations on Electric Wheelchairs
3.6.1.U.S.
3.6.2.Japan
3.6.3.China
3.6.4.Australia
3.6.5.Middle East
3.6.6.Europe
3.7.Wheelchair Renting Policy In Japan
3.8.Impact of Covid-19
3.8.1.Overview
3.8.2.Scenario Analysis: Electric Wheelchair Market, 2019-2030
3.8.3.Post COVID-19 supply chain dynamics
3.9.Go-To-Market Strategy Analysis
3.9.1.Overview
3.9.1.1.Target customer
3.9.1.2.Value proposition
3.9.1.3.Pricing strategy
3.9.1.4.Promotions, marketing, and distribution
3.9.1.5.Conclusion
3.9.2.Revenue Opportunities from the target market, 2020-2030
3.9.3.Value Chain Analysis
3.10.Product Offering And Expansion Analysis
3.10.1.Product offerings by leading players
3.10.2.Product Innovations
3.10.3.Top Winning Strategies adopted by leading players
3.10.4.Product expansion Strategies by leading players
CHAPTER 4:ELECTRIC WHEELCHAIRS MARKET, BY PRODUCT TYPE
4.1.Overview
4.1.1.Market size and forecast, by product type
4.2.Centre wheel drive
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Front wheel drive
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Rear wheel drive
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Standing electric wheelchair
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
4.6.Others
4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country
CHAPTER 5:ELECTRIC WHEELCHAIRS MARKET, BY REGION
5.1.Overview
5.1.1.Market size and forecast, by region
5.2.North America
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by product type
5.2.3.Market analysis, by country
5.2.3.1.U.S.
5.2.3.1.1.Market size and forecast, by product type
5.2.3.2.Canada
5.2.3.2.1.Market size and forecast, by product type
5.2.3.3.Mexico
5.2.3.3.1.Market size and forecast, by product type
5.3.Europe
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by product type
5.3.3.Market analysis, by country
5.3.3.1.Germany
5.3.3.1.1.Market size and forecast, by product type
5.3.3.2.UK
5.3.3.2.1.Market size and forecast, by product type
5.3.3.3.France
5.3.3.3.1.Market size and forecast, by product type
5.3.3.4.Italy
5.3.3.4.1.Market size and forecast, by product type
5.3.3.5.Russia
5.3.3.5.1.Market size and forecast, by product type
5.3.3.6.Rest of Europe
5.3.3.6.1.Market size and forecast, by product type
5.4.Asia-Pacific
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by product type
5.4.3.Market analysis, by country
5.4.3.1.China
5.4.3.1.1.Market size and forecast, by product type
5.4.3.2.India
5.4.3.2.1.Market size and forecast, by product type
5.4.3.3.Japan
5.4.3.3.1.Market size and forecast, by product type
5.4.3.4.South Korea
5.4.3.4.1.Market size and forecast, by product type
5.4.3.5.Australia
5.4.3.5.1.Market size and forecast, by product type
5.4.3.6.Rest of Asia-Pacific
5.4.3.6.1.Market size and forecast, by product type
5.5.LAMEA
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by product type
5.5.3.Market analysis, by country
5.5.3.1.Latin America
5.5.3.1.1.Market size and forecast, by product type
5.5.3.2.Middle East
5.5.3.2.1.Market size and forecast, by product type
5.5.3.3.Africa
5.5.3.3.1.Market size and forecast, by product type
CHAPTER 6:COMPETITION LANDSCAPE
6.1.Overview
6.2.Market Share Analysis 2019
6.3.Top winning strategies
6.4.Product mapping
6.5.Competitive dashboard & Heatmap
6.5.1.Competitive heatmap
6.6.Key developments
6.6.1.Acquisition
6.6.2.Business expansion
6.6.3.Exhibition & conference marketing
6.6.4.Partnership
6.6.5.Product innovation
6.7.Emerging Companies
6.7.1.List of 10 companies similar to Kangni Smart
6.7.2.Case study of a successful company through effective strategies
6.7.2.1.Introduction
6.7.2.2.Product differentiation strategy
6.7.2.3.Distribution strategy
6.7.2.4.Advertising and marketing strategy
6.7.2.5.Global expansion strategies
6.7.2.6.Conclusion
6.7.2.7.Additional information
CHAPTER 7:COMPANY PROFILES
7.1.INVACARE CORPORATION
7.1.1.Company overview
7.1.2.Key executive
7.1.3.Company snapshot
7.1.4.Product portfolio
7.1.5.R&D expenditure
7.1.6.Business performance
7.1.7.Key strategic moves and developments
7.2.KARMA MEDICAL PRODUCTS CO., LTD.
7.2.1.Company overview
7.2.2.Key executive
7.2.3.Company snapshot
7.2.4.Product portfolio
7.2.5.Key strategic moves and developments
7.3.MATSUNAGA MANUFACTORY CO., LTD.
7.3.1.Company overview
7.3.2.Key executive
7.3.3.Company snapshot
7.3.4.Product portfolio
7.3.5.Key strategic moves and developments
7.4.MEYRA GROUP
7.4.1.Company overview
7.4.2.Key executive
7.4.3.Company snapshot
7.4.4.Operating business segments
7.4.5.Product portfolio
7.4.6.Key strategic moves and developments
7.5.MIKI KOGYOSHO CO., LTD.
7.5.1.Company overview
7.5.2.Key executive
7.5.3.Company snapshot
7.5.4.Product portfolio
7.6.NISSIN MEDICAL INDUSTRIES CO., LTD.
7.6.1.Company overview
7.6.2.Key executive
7.6.3.Company snapshot
7.6.4.Product portfolio
7.7.OTTOBOCK SE & CO KGAA
7.7.1.Company overview
7.7.2.Key executive
7.7.3.Company snapshot
7.7.4.Operating business segments
7.7.5.Product portfolio
7.8.PERMOBIL AB
7.8.1.Company overview
7.8.2.Key executive
7.8.3.Company snapshot
7.8.4.Product portfolio
7.8.5.Key strategic moves and developments
7.9.PRIDE MOBILITY PRODUCTS CORP.
7.9.1.Company overview
7.9.2.Key executive
7.9.3.Company snapshot
7.9.4.Operating business segments
7.9.5.Product portfolio
7.9.6.Key strategic moves and developments
7.10.SUNRISE MEDICAL (U.S.) LLC
7.10.1.Company overview
7.10.2.Key executive
7.10.3.Company snapshot
7.10.4.Operating business segments
7.10.5.Product portfolio
7.10.6.Key strategic moves and developments
LIST OF TABLES
TABLE 01.GLOBAL ELECTRIC WHEELCHAIRS MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 02.CENTRE WHEEL DRIVE WHEELCHAIRS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 03.FRONT WHEEL DRIVE WHEELCHAIRS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 04.REAR WHEEL DRIVE WHEELCHAIRS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 05.STANDING ELECTRIC WHEELCHAIR MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 06.OTHERS ELECTRIC WHEELCHAIRS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 07.GLOBAL ELECTRIC WHEELCHAIRS MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 08.NORTH AMERICA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 09.NORTH AMERICA ELECTRIC WHEELCHAIRS MARKET VALUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 10.U.S. ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 11.CANADA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 12.MEXICO ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 13.EUROPE ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 14.EUROPE ELECTRIC WHEELCHAIRS MARKET VALUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 15.GERMANY ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 16.UK ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 17.FRANCE ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 18.ITALY ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 19.RUSSIA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 20.REST OF EUROPE ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 21.ASIA-PACIFIC ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 22.ASIA-PACIFIC ELECTRIC WHEELCHAIRS MARKET VALUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 23.CHINA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 24.INDIA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 25.JAPAN ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 26.SOUTH KOREA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 27.AUSTRALIA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 28.REST OF ASIA-PACIFIC ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 29.LAMEA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 30.LAMEA ELECTRIC WHEELCHAIRS MARKET VALUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 31.LATIN AMERICA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 32.MIDDLE EAST ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 33.AFRICA ELECTRIC WHEELCHAIRS MARKET VALUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 34.INVACARE CORPORATION: KEY EXECUTIVE
TABLE 35.INVACARE CORPORATION: COMPANY SNAPSHOT
TABLE 36.INVACARE CORPORATION: PRODUCT PORTFOLIO
TABLE 37.INVACARE CORPORATION: R&D EXPENDITURE, 2017–2020 ($MILLION)
TABLE 38.INVACARE CORPORATION: NET SALES, 2017–2019 ($MILLION)
TABLE 39.KARMA MEDICAL PRODUCTS CO., LTD.: KEY EXECUTIVE
TABLE 40.KARMA MEDICAL PRODUCTS CO., LTD.: COMPANY SNAPSHOT
TABLE 41.KARMA MEDICAL PRODUCTS CO., LTD.: PRODUCT PORTFOLIO
TABLE 42.MATSUNAGA MANUFACTORY CO., LTD.: KEY EXECUTIVE
TABLE 43.MATSUNAGA MANUFACTORY CO., LTD.: COMPANY SNAPSHOT
TABLE 44.MATSUNAGA MANUFACTORY CO., LTD.: PRODUCT PORTFOLIO
TABLE 45.MEYRA GROUP: KEY EXECUTIVE
TABLE 46.MEYRA GROUP: COMPANY SNAPSHOT
TABLE 47.MEYRA GROUP: OPERATING SEGMENTS
TABLE 48.MEYRA GROUP: PRODUCT PORTFOLIO
TABLE 49.MIKI KOGYOSHO CO., LTD.: KEY EXECUTIVE
TABLE 50.MIKI KOGYOSHO CO., LTD.: COMPANY SNAPSHOT
TABLE 51.MIKI KOGYOSHO CO., LTD.: PRODUCT PORTFOLIO
TABLE 52.NISSIN MEDICAL INDUSTRIES CO., LTD.: KEY EXECUTIVE
TABLE 53.NISSIN MEDICAL INDUSTRIES CO., LTD.: COMPANY SNAPSHOT
TABLE 54.NISSIN MEDICAL INDUSTRIES CO., LTD.: PRODUCT PORTFOLIO
TABLE 55.OTTOBOCK SE & CO KGAA: KEY EXECUTIVE
TABLE 56.OTTOBOCK SE & CO KGAA: COMPANY SNAPSHOT
TABLE 57.OTTOBOCK SE & CO KGAA: OPERATING SEGMENTS
TABLE 58.OTTOBOCK SE & CO KGAA: PRODUCT PORTFOLIO
TABLE 59.PERMOBIL AB: KEY EXECUTIVE
TABLE 60.PERMOBIL AB: COMPANY SNAPSHOT
TABLE 61.PERMOBIL AB: PRODUCT PORTFOLIO
TABLE 62.PRIDE MOBILITY PRODUCTS CORP.: KEY EXECUTIVE
TABLE 63.PRIDE MOBILITY PRODUCTS CORP.: COMPANY SNAPSHOT
TABLE 64.PRIDE MOBILITY PRODUCTS CORP.: OPERATING SEGMENTS
TABLE 65.PRIDE MOBILITY PRODUCTS CORP.: PRODUCT PORTFOLIO
TABLE 66.SUNRISE MEDICAL (U.S.) LLC: KEY EXECUTIVE
TABLE 67.SUNRISE MEDICAL (U.S.) LLC: COMPANY SNAPSHOT
TABLE 68.SUNRISE MEDICAL (U.S.) LLC: OPERATING SEGMENTS
TABLE 69.SUNRISE MEDICAL (U.S.) LLC: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF SUBSTITUTION
FIGURE 07.HIGH THREAT OF NEW ENTRANTS
FIGURE 08.HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.GLOBAL ELECTRIC WHEELCHAIRS MARKET PRICING ANALYSIS, 2020 & 2030
FIGURE 10.GLOBAL ELECTRIC WHEELCHAIR MARKET: SCENARIO ANALYSIS (US$ MILLION), 2019-2030
FIGURE 11.FACTORS INFLUENCING CONSUMER PURCHASING BEHAVIOR
FIGURE 12.PROCESS FLOWCHART FOR A NEW MARKET ENTRANT
FIGURE 13.GLOBAL ELECTRIC WHEELCHAIRS MARKET, BY PRODUCT TYPE, 2020 (%)
FIGURE 14.COMPARATIVE VALUE SHARE ANALYSIS OF CENTRE WHEEL DRIVE WHEELCHAIRS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE VALUE SHARE ANALYSIS OF FRONT WHEEL DRIVE WHEELCHAIRS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE VALUE SHARE ANALYSIS OF REAR WHEEL DRIVE WHEELCHAIRS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE VALUE SHARE ANALYSIS OF STANDING ELECTRIC WHEELCHAIR ELECTRIC WHEELCHAIRS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE VALUE SHARE ANALYSIS OF OTHERS ELECTRIC WHEELCHAIRS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.GLOBAL ELECTRIC WHEELCHAIRS MARKET, BY REGION 2020 (%)
FIGURE 20.U.S. ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 21.CANADA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 22.MEXICO ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 23.GERMANY ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 24.UK ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 25.FRANCE ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 26.ITALY ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 27.RUSSIA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 28.REST OF EUROPE ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 29.CHINA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 30.INDIA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 31.JAPAN ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 32.SOUTH KOREA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 33.AUSTRALIA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 34.REST OF ASIA-PACIFIC ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 35.LATIN AMERICA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 36.MIDDLE EAST ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 37.AFRICA ELECTRIC WHEELCHAIRS MARKET VALUE, 2020-2030 ($MILLION)
FIGURE 38.MARKET SHARE ANALYSIS, 2019
FIGURE 39.TOP WINNING STRATEGIES, BY YEAR, 2016–2020
FIGURE 40.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2020 (%)
FIGURE 41.TOP WINNING STRATEGIES, BY COMPANY, 2016–2020
FIGURE 42.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 43.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 44.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 45.INVACARE CORPORATION: R&D EXPENDITURE, 2017–2020 ($MILLION)
FIGURE 46.INVACARE CORPORATION: NET SALES, 2017–2020 ($MILLION)
FIGURE 47.INVACARE CORPORATION: REVENUE SHARE BY PRODUCT TYPE, 2020 (%)
FIGURE 48.INVACARE CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
As per the insights of industry executives of leading companies, the global electric wheelchairs market is anticipated to witness notable growth during the forecast period. This is attributed to increase in geriatric population, rise in preference for automated wheelchairs, improvement in living standards.
In addition, prominent players in the market have developed and launched innovative technologies, such as electro-magnetic hover technology, artificial intelligence, and heavy-duty wheelchairs to cater to a wide customer base in various nations. Automation and automatic operations of wheelchairs are in excessive demand among customers in developing nations.
Furthermore, busy lifestyle and sophistication in daily activities are the two key factors leading to adoption of automated electric wheelchairs. An increase in the number of working professionals and elderly population has led to time constraints for providing assistance with manual wheelchairs, which, in turn, increased the demand for electric wheelchairs, thereby driving the growth of the global market.
A. The global electrical wheelchairs market size was valued at $ 2,689.2 million in 2020, and is forecasted to reach $6,845.2 million by the end of 2030.
A. The market will exhibit a decent CAGR of 8.4% during the forecast period.
A. Kindly raise an inquiry on the portal and our salesperson will get in touch with you with available purchase options.
A. The forecast period of the report is from 2021-2030.
A. The global market is segmented into product type, which includes center wheel drive, front wheel drive, rear wheel drive, standing electric wheelchair and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
A. The top companies profiled in the report are OttoBock Healthcare GmbH, Invacare Corporation, Pride Mobility Products Corp, Permobil AB, Sunrise Medical Limited, MEYRA GmbH, Matsunaga Manufactory Co., Ltd., Karma Medical Products Co., Ltd., Miki Kogyosho Co. Ltd., and Nissin Medical Industries Co., Ltd.
A. North America holds the maximum market share of the electric wheelchair market.
A. Rise in application of electrical wheelchairs in indoor and outdoor in North America is the latest trend of the market.
A. Modern supply chains face unprecedented stress and are drawing an increased level of scrutiny post COVID-19 resulting in the manufacturing of electric wheelchair negatively.
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