Electric Wheelchair Market

Electric Wheelchair Market - Size, Share, Outlook,
and Opportunity Analysis, 2018-2026
An electric wheelchair is a wheelchair that uses electric motor rather than manual power for
functioning. Electric wheelchairs are useful for those who cannot use manual wheelchairs or
who need to use wheelchairs for considerable long distance. These can be usually used by
people who are physically challenged and also senior citizens with problems related to mobility.
Design of a wheelchair consists of the following elements: battery, drive system, controller, and
seat. The electric motors of these chairs are usually powered by 12-80 ampere per hour of
rechargeable deep-cycle batteries. Some users are not able to use hand controllers and
therefore, various other options are made available, for instance, sip and puff controllers, which
works by blowing into the sensor. Electric wheelchair can also be used by people suffering from
diseases such as chronic diseases and asthma. Electric wheelchair offers special features such as
tilting capabilities, elevation of seats, and leg elevation. Electric wheelchair can also be
dissembled and folded to take it around wherever needed. These are light in weight i.e. less
than 100 lbs, and are also compact in size, which is ideal for narrow doorways and small
spaces.
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Electric Wheelchair Market Drivers:Growth of the electric wheelchair market is driver by increasing launches of new products with
advanced technologies such as automatic folding wheelchair. For instance, in June 2018,
Quantum Rehab launched Edge 3, the most advanced power chair, with an upgraded SRS
(Smooth Ride Suspension). SRS provides stability, comfortable, and smooth ride. Its standard
features include USB charger, drive wheel color accents, and front and rear fender lights. In
2017, Ivacare Corporation, a U.S.-based company, launched TDX-SP2 ELECTRIC WHEELCHAIR.
This electric wheel chair has LiNX technology and advanced positioning. LiNX technology
electronic system includes wireless programming and remote monitoring, which enables better
clinical evaluations and touch screen display. This technology also enables easy intuitive
programming and also hassle free functioning of the equipment for its customers. Other factors,
which are expected to boost growth of the electric wheelchair market are rising geriatric
population, rising awareness related to benefits of use of automated wheelchairs over manual
wheelchairs, and increasing prevalence of chronic disorders in geriatric population. According to
a survey conducted by Population Reference Bureau in 2016, there were over 46 million senior
citizens of the age 65 and above in U.S. About 48% of this aging population are disabled due
to age factor and chronic diseases. According to a survey conducted by the U.S. Census Bureau
in 2017, around 40 million people in the U.S. are physically challenged. Moreover, according to
a survey conducted by Center for Disease Control and Prevention in 2016, over 117 million
people were diagnosed with chronic disorders. All these factors are expected to support growth
of the electric wheelchair market over the forecast period (2018-2026).
Electric Wheelchair Market Regional Analysis:North America is expected to hold dominant position in the global electric wheelchair market,
and is also expected to exhibit a significant growth rate, owing to increasing launches of novel
products in the market. For instance, in April 2018, Quantum Rehab, a U.S.-based company,
launched Kozmo and Kozmo Portable. This device is especially made for children. The size of
Kozmo Portable electric wheelchair is compact and easy to carry. It helps in fast transport and
is convenient for parents and children. Moreover, in April 2018, Quantum Rehab launched
products including TRU-BALANCE 3 and TRU- BALANCE FLEX. Such new range of products is
expected to fuel growth of the electric wheelchair market. Furthermore, Medicare, national
(U.S.) health insurance program provides reimbursements on buying an electric wheel chair. The
patient pays 20% of the amount mentioned for a given product and Medicare pays the
remaining 80%. Such reimbursement plans can boost adoption of the electric wheel chair
market in North America.
Asia Pacific is also expected to witness high growth in the global electric wheel chair market,
due to rise of chronic diseases in geriatric population and increasing launch of electric wheel
chairs with advanced technology. According to a survey conducted by National Institutes of
health in 2015, cardiovascular disease is rising in Asian population. Cardiovascular disease has
caused approximately 52% of deaths in India. For instance, in 2017, Whill Inc., a Japan-based
company, launched Model M. This device has omni-wheel technology, which can be used on
rough terrain. It also has a compact size and its agile steering can easily navigate in narrow
and tight spaces. Such innovations are expected to fuel growth of the electric wheelchair
market.
Report includes chapters which deeply display the following deliverable about industry :
• Electric Wheelchair Market Research Objective and Assumption
• Electric Wheelchair Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Electric Wheelchair Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Electric Wheelchair Market, By Regions
• Electric Wheelchair Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Electric Wheelchair Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Electric Wheelchair Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Electric Wheelchair Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Electric Wheelchair Market Key Players:•
Drive Medical Ltd.
•
Permobil AB
•
Quantum Rehab
•
GF Health Products Inc.
•
Invacare Corporation
•
Karman Healthcare
•
Pride Mobility Products Corp
•
LEVO Ag
•
MEYRA GmbH
•
OttoBock Healthcare GmbH
•
Whill Inc.
•
Sunrise Medical Limited.
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Electric Wheelchair Market Taxonomy:By Product Type:• Rear Wheel Drive
• Front Wheel Drive
• Center Wheel Drive
• Standing Electric Wheelchair
By End Users:• Home Care Settings
• Hospitals/ Clinics
• Others
By Region:• North America
• Europe
• Latin America
• Asia Pacific
• Middle East
• Africa
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An electric wheelchair is a wheelchair that uses electric motor rather than manual power for functioning. Electric wheelchairs are useful for those who cannot use manual wheelchairs or who need to use wheelchairs for considerable long distance

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