Electric wheelchairs also ordinarily termed as power chairs are electrically mechanized motor chairs. These wheelchairs are driven by means of an electric motor instead of manual power. Considering their physical structure and size, the lightweight chairs alongside extra turning capabilities offer tremendous use for indoor purposes. Electric wheelchairs are user friendly and hence serve their purpose majorly to aid immobilized users with preeminent needs and restricted range of motion. Furthermore, they could also be often used by people bearing spinal injuries or cardiovascular conditions.
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The electric wheelchair majorly constitutes of a rear wheel drive chair, front wheel drive chair, center wheel drive chair, and others depending upon the end use. The rear wheel drive chairs provide maximum stability in comparison to all the wheelchairs in existence and provides utmost safety on steep surfaces, though their large turning radius and their inability to maneuver in tight places is a drawback. Center wheel drive chairs are perfect for maneuvering in small spaces though getting stuck in uneven terrain is a primary flaw. The front wheel drive chair is the finest option for off road use due to its capability to climb over minor hurdles.
Convenience is a crucial element which helps boost the electric wheelchair market. Since the product is user friendly, it can be efficiently operated by people falling into any age group category. In addition, rise in number of road accidents, growth in number of patients with physical deformities, and increase in purchasing power of consumers in the Asia-Pacific countries are some of the other factors that drive the growth of this market to a considerable extent. However, inaccessibility to wheelchair users in public buildings and some homes due to expensive home and vehicle modifications is expected to restrain the growth of the market.
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The increase in requirement of smart wheelchair for disabled users with motor, sensory, or cognitive impairment could be considered as a growth opportunity for this market in Asia-Pacific countries.
Based on product type, the electric wheelchair market is segmented into center wheel drive, front wheel drive, rear wheel drive, standing electric wheelchair, and others. The others segment is further divided into sports wheelchair, pediatric wheelchair, and high-power wheelchair. Geographically, the market is. segmented into India, China, South Korea, Japan and rest of Asia-Pacific.
The major players operating in the Asia-Pacific electric wheelchair market include Golden Motor Technology, Ottobock, Invacare Corporation, Pride Mobility Products Corp., Meyra Wilhelm Meyer, Ostrich Mobility Instruments Private Limited, Karma Healthcare, Sunrise Medical, Permobil, and Drive Medical.
KEY BENEFITS FOR STAKEHOLDERS:
- This report is equipped with an in-depth analysis of the global electric wheelchairs market to exemplify the potential investment pockets.
- The current trends and future scenarios have been defined to ascertain the overall market potential.
- Information regarding key drivers, restraints, and opportunities along with their detailed impact analysis has been provided.
- Quantitative analysis of the current market trends and future estimations for 2018–2025 are provided to stipulate the financial competency.
- Porter’s five forces model of the industry illustrates the potency of the buyers and suppliers.
The Global Electric Wheelchair Market Segments:
By Product Type
- Centre Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
- Standing Electric Wheelchair
- Others (Sports Wheelchair, Pediatric Wheelchair, and High-Power Wheelchair)
- South Korea
- Rest of Asia-Pacific
Major Players of Asia-Pacific Market
- Golden Motor Technology
- Invacare Corporation
- Pride Mobility Products Corp.
- Meyra Wilhelm Meyer
- Ostrich Mobility Instruments Private Limited
- Karma Healthcare
- Sunrise Medical
- Drive Medical