Transparency Market Research Global Electric Wheelchair Market to Surpass US$4.40 bn by 2020, Need for Tech-enabled Mobility Drives Growth Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Customization Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Download Brochure REPORT DESCRIPTION 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. For More Information of this Market: http://www.transparencymarketresearch.com/electric-wheelchair-market.html The Global Electric Wheelchair Market was valued at USD 1.23 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020 to account for USD 4.48 billion in 2020. The need for mobility products and services is rising faster than ever before as a sizeable portion of the world’s population ages. Many of the older consumers in developed countries, who were born during the baby boom, have considerable earnings at their disposal and are at ease using technologically advanced products to simplify their everyday chores. Electric wheelchairs, being one such product, are witnessing a spike in demand in countries such as the United States, the United Kingdom, Germany, France, China, South Korea, and Japan. 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) Sample of this Report can be obtained @: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4198 The findings of the report indicate that center wheel drive electric wheelchairs contributed the highest percentage to the market’s revenue. This segment held a share of over 50% in the market in 2013. The demand for electric chairs based on a front wheel drive is expected to grow at an encouraging pace, and will come second only to the center wheel drive segment. The front wheel drive segment is poised to exhibit a 25.3 % CAGR from 2014 through 2020. The market for electric wheelchairs was the largest in North America in 2014, states the report. The demand for electric wheelchairs is expected to rise steadily in countries in the region, thanks essentially to the affluence of elderly consumers here and the overall increase in the elderly population. The North America electric wheelchairs market was trailed by Europe, which was followed by Asia Pacific. Europe and APAC collectively contributed about 40% of the revenue to the global market. Companies that currently rake in considerable revenue in the global electric wheelchair market are: Sunrise Medical, Invacare Corp., Permobil Corp., Pride Mobility Products Corp, Handicare, Ottobock Healthcare GmbH, Drive Medical Ltd., Medort, and Hoveround Corp. Click to get Brochure @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4198 About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/
Global electric wheelchair market was valued at USD 1.23 billion in 2013, growing at an estimated CAGR of 19.2% over the forecast period from 2014 to 2020. Electric wheelchairs are the battery supported wheelchairs which reduce the user’s dependence on any external human assistance for movement. Fuelled by the various technological advancements in several developed and developing countries across the globe, mobility solutions are evolving continuously and gaining popularity worldwide.
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