Global Electric Wheelchair Market – Industry Analysis and Forecast (2018-2026)
Global Electric Wheelchair Market was valued US$ 3.80 Bn in 2017 and is expected to reach US$ 10.30 Bn by 2026, at a CAGR of 16.24 % during a forecast period.
The Global Electric wheelchair market is segmented by product type, end users, battery types and region. By product type, the electric wheelchair market is divided into centre wheel drive electric wheelchair, front wheel drive electric wheelchair, standing electric wheelchair, rear wheel drive electric wheelchair and others. Based on the battery type, the electric wheelchair market is categorised into dry battery and wet battery. End user segment is distributed into home care settings, hospitals/ clinics and others. By region, the global electric wheelchair market is classified into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
Increasing worldwide ageing population, need of automated wheelchair for disabled people and high disposable income of people are driving growth in the Global electric wheelchair market. Increasing demand of advanced wheelchairs from sport industry is also manipulating the growth of electric wheelchair market. The growth of the Global electric wheelchair market is additional boosted by the rising demand for advanced electric wheelchairs from the sports sector for sports events organized for the disabled people. Furthermore, high cost of the electric wheel chair, poor infrastructure, and lack of knowledge among the individuals are hampering the growth in the Global electric wheelchair market.
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Centre and front wheel drive segments are in demand and hold a combined share of around 60% in global electric wheelchairs market.
North America is expected to hold dominant growth in the global electric wheelchair market .This growth can be attributed owing to growing launches of novel products. Rising obesity, availability of more urbane wheelchairs, and a high disposable income are driving the growth in this region. New range of products is estimated to fuel growth of the electric wheelchair market. Medicare, national (U.S.) health insurance program delivers reimbursements on buying an electric wheel chair. The patient pays 20% of the amount mentioned for electrical vehicle product and medicare pays the remaining 80%. Such compensation plans can boost implementation of the electric wheel chair market in North America.
Some of the major key players in the Global Electric Wheelchair Market includes OttoBock Healthcare GmbH, Invacare Corp., LEVO AG, Invacare Corp., MEYRA GmbH, Medical Depot, Inc., GF HEALTH PRODUCTS, INC and Pride Mobility Products Corp., Permobil AB, Sunrise Medical Limited, Hoveround Corporation and Others.
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Scope of the report Global Electric Wheelchair Market
Global Electric Wheelchair Market, Product Type
• Centre Wheel Drive
• Front Wheel Drive
• Rear Wheel Drive
• Standing Electric Wheelchair
• Others
Global Electric Wheelchair Market, End Users
• Home Care Settings
• Hospitals/ Clinics
• Others
Global Electric Wheelchair Market, Battery Type
• Dry battery type
• Wet battery type
Global Electric Wheelchair Market, Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key players in Global Electric Wheelchair Market
• Antano Group
• 21st Century SCIENTIFIC Inc.
• Hoveround Corporation
• MERITS CO. LTD.
• Ostrich Mobility Instruments.
• KrosMedical Europe
• GUANGZHOU TOPMEDI CO., LTD.
• OttoBock Healthcare GmbH
• Sunrise Medical Limited
• Drive Medical Ltd.
• Karman Healthcare
• GF Health Products, Inc.
• LEVO AG
• MEYRA GmbH
• Invacare Corporation
• Sunrise Medical
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MAJOR TOC OF THE REPORT
Chapter One: Electric Wheelchair Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Electric Wheelchair Market Competition, by Players
Chapter Four: Global Electric Wheelchair Market Size by Regions
Chapter Five: North America Electric Wheelchair Revenue by Countries
Chapter Six: Europe Electric Wheelchair Revenue by Countries
Chapter Seven: Asia-Pacific Electric Wheelchair Revenue by Countries
Chapter Eight: South America Electric Wheelchair Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Electric Wheelchair by Countries
Chapter Ten: Global Electric Wheelchair Market Segment by Type
Chapter Eleven: Global Electric Wheelchair Market Segment by Application
Chapter Twelve: Global Electric Wheelchair Market Size Forecast (2019-2026)
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