Global Electric Wheelchair (Powered Wheelchairs) Market and Investment Breakdown, Insights, Scope, Forecast By 2024
The electric powered wheelchair was said to be invented by George Klein who worked for the National Research Council of Canada, to assist injured veterans during World War II.
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A powerchair can be used by someone who hasn't got the dexterity or mobility, perhaps, to drive a mobility scooter due to arm, hand, shoulder or more general disabling conditions, and do not have the leg strength to propel a manual chair with their feet. EPWs can offer various powered functions such as tilt, recline, leg elevation, seat elevation, and others useful or necessary to health and function.
A powerchair user might also have special seating or arm and leg rest requirements that are better served by a powerchair than a mobility scooter
According to the statistical data, Demand cannot be satisfied with supply. Large quantities of electric wheelchairs have to be imported. More players will enter into this market.
Electric wheelchairs market is mainly occupied by large companies, Invacare Corp as the largest player in the market product about 10.85% of electric wheelchairs and made more than 11.70% of revenue share. Pride Mobility Products Corp followed as second product about 9.07% in 2016.
Each of the electric wheelchair manufacturers has its own mature sales networks. Through retail stores, their authorized distributors or their partners, those electric wheelchair manufacturers keep keen on expanding their electric wheelchair sales. To achieve better sales businesses, electric wheelchair manufacturers usually invest on their marketing channel infrastructure every year.
According to this study, over the next five years the Electric Wheelchair (Powered Wheelchairs) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Wheelchair (Powered Wheelchairs) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Wheelchair (Powered Wheelchairs) market by product type, application, key manufacturers and key regions and countries.
This study considers the Electric Wheelchair (Powered Wheelchairs) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Centre Wheel Drive Electric Wheelchair
Front Wheel Drive Electric Wheelchair
Front Wheel Drive Electric Wheelchair
Standing Electric Wheelchair
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
21st Century SCIENTIFIC Inc.
Pride Mobility Products Corp
EZ Lite Cruiser
Merits Health Products
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.
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To study and analyze the global Electric Wheelchair (Powered Wheelchairs) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electric Wheelchair (Powered Wheelchairs) market by identifying its various subsegments.
Focuses on the key global Electric Wheelchair (Powered Wheelchairs) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Wheelchair (Powered Wheelchairs) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Wheelchair (Powered Wheelchairs) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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