Press release
Powered Wheelchair Market to Generate Huge Revenue During 2020-2027 Growth Prospects by Medtronic, Nonin, Swisstom, Mennen Medical
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments.The overall effect of the pandemic is impacting the production process of several industries including Technology, Media and Telecommunications, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Powered Wheelchair market globally. This report on 'Powered Wheelchair market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcases market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
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Company Coverage include Invacare Corporation, Ottobock, Permobil, Hoveround Corporation, MERITS CO. LTD., MEYRA Group, Pride Mobility Products Corp., Sunrise Medical (US) LLC, Medical Depot, Inc., and LEVO among others.
Powered wheelchairs are driven with the help of an electric motor other than manual efforts. Powered wheelchairs help in the mobility of patients with joints. Unlike the manual wheelchairs, powered ones enable mobility with ease and come along with different modes of seating such as tilted, reclining or even standing. A powered wheelchair comes along with controls such as, joysticks, touchpads, switches and others, by means of which it becomes easy for a patient to maneuver.
Rise in the incidence of orthopedics cases such as spine injuries, coupled with the rise in the rate of accidents is anticipated to drive the powered wheelchair market during the forecast period. The ongoing technological advancements in the industry in order to offer easy mobility to the patients is expected to provide significant growth opportunities in the market in the coming years.
North America is expected to contribute to the largest share in the powered wheelchair market in the coming years, owing to presence of established market players in the region. Asia Pacific is expected to witness significant growth during the forecast period, the presence of geriatric population in major economies such as China and Japan.
Table Of Contents
1. Introduction
1.1. Scope Of Study
1.2. The Insight Partners Research Report Guidance
2. Key Takeaways
3. Powered Wheelchair Market Landscape
3.1. Market Overview
3.2. Market Segmentation
3.2.1. Powered Wheelchair Market - By Type
3.2.2. Powered Wheelchair Market - By Usage
3.2.3. Powered Wheelchair Market - By End User
3.2.4. Powered Wheelchair Market - By Region
3.2.4.1. By Country
3.3. Pest Analysis
3.3.1. North America - Pest Analysis
3.3.2. Europe - Pest Analysis
3.3.3. Asia Pacific - Pest Analysis
3.3.4. Middle East And Africa - Pest Analysis
3.3.5. South And Central America- Pest Analysis
4. Powered Wheelchair Market - Key Industry Dynamics
4.1. Key Market Drivers
4.2. Key Market Restraints
4.3. Key Market Opportunities
4.4. Future Trends
4.5. Impact Analysis
5. Powered Wheelchair Market - Global Analysis
5.1. Global Powered Wheelchair Market Overview
5.2. Global Powered Wheelchair Market Revenue Forecasts And Analysis (Us$ Mn)
5.3. Performance Of Key Players
5.4. Expert Opinions
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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