Press release
Electric Wheelchair Market – New Investments Projected to Grow at a CAGR of 15.3% by 2023
Global electric wheelchair market is anticipated to grow at a CAGR of 15.3% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of type (front wheel drive , center wheel drive, rear wheel drive, standing, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).The report covers forecast and analysis for the Electric Wheelchair market on a global and regional level. The study provides historic data of 2013-2017 along with a forecast from 2018 to 2023 based on both output/volume and revenue. The study then describes the drivers and restraints for the Electric Wheelchair market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Electric Wheelchair market on a global level.
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The key manufacturers covered in this report such as Drive Medical Ltd., GF Health Products, Inc., Invacare Corporation., Karman Healthcare, LEVO AG, MEYRA GmbH, OttoBock Healthcare GmbH, Pride Mobility Products Corp, Permobil AB, and Sunrise Medical Limited
The revenue of the global electrical wheelchairs market has increased, owing to rising trend of automation enabling enhanced returns on investments and cost optimization. They are durable, adjustable and feature special seats with soft pads for orthopedic patients. Growing elderly population, necessity of automated wheelchair for disabled people and high disposable income of people are the driving factors for the market growth. However, high cost of electric wheel chair and lack of awareness and infrastructure, such as broken pathways, non-availability of ramps in buses & trains for wheelchair users restrict the adoption of electrical wheelchairs.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
The research report provides analysis and information according to market segments such as geographies, types and applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2018-2023 Relevantly, the report and company profiles specify the key drivers that are impacting the demand in Global Electric Wheelchair market.
Table of content:
Part 1. Summary
Part 2. Report Methodology
Part 3. Market Overview
Part 4. Competitive Landscape
Part 5. Segmentation by Type
Part 6. Segmentation by Application
Part 7. Regional Perspectives
Part 8. Company Profiles
Part 9. Market Forecast
Part 10. Industry Value Chain
Part 11. Market Drivers
Read More: https://www.researchbeam.com/global-electric-wheelchair-outlook-2018-2023-market/purchase-enquiry
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