Press release
Global Electric Wheelchair Market Size, Growth Analysis Report, Forecast to 2021-2027
The global electric wheelchair market is projected to grow with a CAGR of 9.2% during the forecast period (2021-2027). The key companies in the market are highly inclined towards the adoption of different growth strategies including new product launches, technological advancement of wheelchair design, and product innovation to remain competitive in the marketplace. For instance, in March 2020, Invacare Corp. has announced the launch of a new product of power wheelchair named Invacare AVIVA FX, setting a new standard for front-wheel-drive mobility. It helps make short work of curbs, slopes, and uneven surfaces while keeping the user in control and comfort. Apart from it, the company has also launched the power wheelchair named Kompas in October 2020. It is a folding power chair, which is designed specifically for individuals to maintain an active and independent lifestyle. The Kompas can be used at home, on day trips, or on regular outings to assist in getting through those long and exhausting days.(Get 15% Discount on Buying this Report)
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Moreover, in June 2020, LUCI, a company that is reimagining modern mobility, has announced the launch of its flagship product, which is also called LUCI. It's a first-of-its-kind hardware and software platform that uses sensor-fusion technology to allow a power wheelchair to "see" its surroundings, providing unparalleled stability, comfort, and cloud connectivity to riders. It also monitors and alerts users and caregivers of low battery, possible tipping scenarios, and other important updates regarding the chair and the user.
A Full Report of Global Electric Wheelchair Market is Available at: https://www.omrglobal.com/industry-reports/electric-wheelchair-market
Besides, in 2019, Permobil AB, a leading player in advanced medical technology, has launched SmartDrive PushTracker E2. This is an advanced power assist system for manual wheelchairs. The system improves users' ability to walk on uneven surfaces while also helping to avoid shoulder strain injuries. However, such add-ons to manual wheelchair models, technological advancements by the major payers, and new electric wheelchair launches are expected to propel the growth of the global electric wheelchair market during the forecast period.
Market Coverage
The market number available for – 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
o By Age Group
o By Drive System
o By End-User
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- 21st Century Scientific, Inc., GF Health Products, Inc., Hoveround Corp., Invacare Corp., Ottobock SE & Co KGaA, Permobil AB, Pride Mobility Products Corp., Product Design Group, Inc., and Sunrise Medical Ltd, among others
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Electric Wheelchair Market Report Segment
By Age Group
Adult Power Wheelchair
Pediatric Power Wheelchair
By Drive System
Front-Wheel Drive
Rear Wheel Drive
Others (Center Wheel Drive)
By End-User
Homecare
Hospitals & Clinics
Others (Airports and Railway Stations)
Global Electric Wheelchair Market Report Segment by Region
North America
US
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/electric-wheelchair-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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