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Research Article on Global Connected Health Devices: Market Dynamics, Major Companies Analysis and Forecast - 2025

03-06-2018 02:24 PM CET | Health & Medicine

Press release from: Xpodence Research

Research Article on Global Connected Health Devices: Market

Market Definition:

An electric wheelchair, also referred to as power wheelchair is a wheelchair that is driven with the help of an electric motor and not manual efforts. These electric wheelchairs are light-weight and provide mobility in a light package. The electric wheelchairs provide compact size, and are ideal for confined spaces and narrow doorways.

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Market Analysis with Latest Growth Factors:

Factors promoting the rate of adoption of electric wheelchairs include ease of mobility, increasing elderly population across the globe, convenience, and high demand for advanced wheelchairs from the sports industry, as large number of sports events are planned for disabled persons for example wheelchair basketball, wheelchair rugby, and others. Also, the increasing automation trend resulting in enhanced investment returns and cost optimization are father driving the market growth. These electric chairs are durable, adjustable as well as possess special seats with soft pads especially for orthopedic patients. Rise in aged population, requirement of automated wheelchair for disabled population and rise in disposable income of people are the major factors fueling the wheelchairs market growth.

However, factors such as high price of electric wheel chair as well as lack of awareness and infrastructure, such as broken pathways, non-availability of ramps in buses & trains for wheelchair users hamper the rate of adoption of electrical wheelchairs.

Market Segment:

The global wheelchairs market is segmented based on product type and region. Depending on product type, the wheelchairs market is classified into center wheel drive, front wheel drive, standing electric wheelchair, rear wheel drive, and others. Among these market segments, the center and front wheel drive segments are high in demand and comprise of combined market share of over 60% in global electric wheelchairs market.

Rise in the number of spinal cord injuries, elderly population, technological enhancements and high rate of adoption of artificial intelligence are factors propelling the high adoption of electrical wheelchairs. In the U.S, there is a rise in the number of serious traumatic spinal cord injuries owing to accidents and falls. The present number of senior citizens are highly active thereby resulting in balance and cognitive issues that contributes to high risk for falls.

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Major Key Players:

Some of the industry players in wheelchairs market include GF Health Products, Inc., Pride Mobility Products Corp., Otto Bock Healthcare GmbH, LEVO AG Sunrise Medical Limited, Drive Medical Ltd., Karman Healthcare, Permobil AB, Invacare Corporation, and MEYRA GmbH.
Major Points from Table of content:

• Executive Summary
• Research Methodology
• Market Dynamics
• Industry Overview
• Global Wheelchairs Market, By Product (2017-2025)
• Global Wheelchairs Market, By Regions (2017-2025)
• Market Competition Analysis

About Us:

Xpodence Research have the most extensive collection of market research reports of many categories. Xpodence Research provides the best market research solution for every industry by publishing the best possible results of great market research firms worldwide. For every particular problem, there’s a particular solution, so according to the customer needs, we provide the best possible results to them from different market research organization, whether it’s a Custom Research or Syndicated Research reports because the product that wins is the one that bridges customers to the future, not the one that requires a giant leap.

Every organization, whether it is related to Pharmaceuticals, Technology, Eatables, Consumable Goods and many more demands a market research results so that they can take important decisions for more productivity and better output in this swift world. Xpodence Research gives the best possible outcome, perfect forecast, analysis and insights of market research in the form of report which is beneficial for various organizations and also to the manufacturing companies in taking the best decisions for quality production.

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