Future of Electric wheelchair Market– Growth Opportunities & Global Scenario, 2017-2023

Global Electric wheelchair Market was valued at USD 2.01 billion in the year 2017. Global Electric wheelchair market is further estimated to grow at a CAGR of 17.95 % from 2018 to reach USD 5.4 billion by the year 2023.
Drive Medical Ltd. (U.K), Invacare Corporation (U.S), Levo AG (Switzerland), GF Health Products, Inc. (U.S), Karman Healthcare (U.S), Meyra GMBH (Germany), Sunrise Medical Limited (U.K), Ottobock Healthcare GMBH (Germany), Permobil AB (Sweden) and Pride Mobility Products Corp. (U.S) are some of the key players in the Global Electric wheelchair market. Better global reach at operational level is the main reason the key players are holding substantial market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

In the global fitness tracker market by region, North America region holds the highest market share in 2017 and Asia Pacific region is considered as the fastest growing market in the forecasted period due strongly growing awareness and rising old age population. At country level U.S, Canada, China and Japan is projected to grow strongly in the coming years.
Geographically, this report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Electric wheelchair in these regions.

North America
Europe
Asia-Pacific
RoW

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The major Key Market Players
Drive Medical Ltd.
Invacare Corporation
Levo AG
GF Health Products, Inc.
Karman Healthcare
Meyra GMBH
Sunrise Medical Limited
Ottobock Healthcare GMBH
Permobil AB
Pride Mobility Products Corp.
(A brief overview of 15 companies is also provided)

On the basis of product, the market is primarily split into
Rear Wheel Drive
Front Wheel Drive
Center Wheel Drive
Standing Electric Wheelchair
Others

Some of the Drivers, Opportunities and Challenges
Drivers:
Growing old age population
Increasing obese population.
Opportunities:
Technological development
Opportunity in developing market
Challenges:
Lack of knowledge among the individuals
The segmentation are done on the basis of product Type and by region. On the basis of product types the global Electric wheelchair market is sub segmented as rear wheel drive, front wheel drive, center wheel drive, standing electric wheelchair and others of which the center wheel drive segment is expected to hold the highest market share and is growing with highest CAGR during the forecast period.

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Table Of Content:
1. Introduction
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.1.1. Key Data from Secondary Research
2.1.2. Primary Research
2.1.2.1. Key Data from Primary Research
2.1.2.2. Breakdowns of Primary Interviews
2.2. Market Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
4.6. Regulations
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Electric wheelchair Market, By Product Type
6.1 Rear Wheel Drive
6.2 Front Wheel Drive
6.3 Center Wheel Drive
6.4 Standing Electric Wheelchair
6.5 Others
7. Geographical Analysis
7.1. Introduction
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.2.3. Mexico
7.3. Europe
7.3.1. U.K.
7.3.2. Germany
7.3.3. France
7.3.4. RoE
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Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports.

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Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation.

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