Global Electric Wheelchair Market Research and Forecast, 2018-2023

Global electric wheelchair market size, share, market intelligence, company profiles, market trends, growth, strategy, research and analysis report, forecast 2018-2023

An electric wheelchair is moved by an automated system designed to comfort individuals who feels difficulty in walking or can’t walk due to some illness, injury or disability. Electric Wheelchair is the advance version type of wheelchairs which is preferred over manual wheelchair for better seating comfort, energy conservation of the sitting person, and traveling for longer distance. A major factor for opting power wheelchairs over manual wheelchairs is better comfort and mobility solutions provided by them.

Factors augmenting the electric wheelchair market are large patient base requiring wheelchair due to several diseases such as spinal cord injury, polio, hepatitis C and so on. In addition, a large number of accidents causing permanent disability of legs is another major factor that augments the growth of the global market. Rising geriatric population coupled with increasing obese population is also increasing the need of power wheelchair. Increasing adoption of prosthetics is one of the major factors hindering the growth of the market. Prosthetic technology has considerable scope due to new developments that are being introduced in the market which are reducing the need for a wheelchair. However, the treatment and implant cost of prosthetic is comparatively very high. Less penetration of wheelchair in emerging economies is also one of the major restraints of the market. As per Wheelchair Foundation, in developed economies, around 95% of people who require wheelchair have access to it whereas it is only 10% in emerging economies. Around 110 million people in emerging economies don’t have access to a wheelchair. Government initiatives regarding disable-friendly infrastructure at public places are going to be as one of the major opportunities in the market as it would increase the ease to use a wheelchair in public places.

Browse full report at Global Electric Wheelchair Market 

On the basis of geography, the global electric wheelchair market is divided into North America, Europe, Asia-Pacific and Rest of World. During the forecast period, it is expected that the Asia-Pacific region would hold a significant market during the forecast period. Major contributors to the market include China, India, Japan, Indonesia, South Korea. It is expected that the Asia-Pacific market will show the highest growth rate during the forecast period. It is due to increasing healthcare spending, government funding to disable people and increasing adoption of electric-powered wheelchairs in the region.

The report covers

• Comprehensive research methodology of global electric wheelchair market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key                             recommendations.
• Analysis of regional regulations and other government policies impacting the global electric                       wheelchair market.
• Insights about market determinants which are stimulating the global electric wheelchair market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

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