The increased demand for electronic wheelchairs has necessitated technological advancements. This is due to the fact that the equipment must be more robust and sturdy in order to support the weight of fat folks. Furthermore, technical advancements have resulted in the creation of automated movement systems, which eliminate careers manual interventions. The wheelchair seat can be readily adjusted by the patient, and the equipment is controlled by a remote control or automated controls fitted in the wheelchair. In addition, artificial intelligence-enabled wheelchairs are being introduced in the electric wheelchair market, allowing disabled individuals to drive wheelchairs using various facial expressions such as lifting eyebrows and sticking out tongues.
Region Analysis:
China and India are the two Asia- Pacific most popular countries. China is considered an ageing economy, with over 241 million Chinese people over the age of 60. Furthermore, due to the country's aluminium production hubs and key players, China produces nearly 75% of the world's electric wheelchairs. With a population of over 1.40 billion people, India is the world's second most populous country. Around 2% of the overall population is disabled, with approximately 30% having mobility impairment and requiring help. India ranks first among all countries in terms of traffic accidents. According to the Ministry of Road Transport and Highways, there were 449,002 accidents in India in 2019, resulting in 151,113 deaths and 451,361 injuries.
Key Highlight:
- Invacare Corporation announced the release of their next generation of power assist devices, the e-fix eco, in February 2022. Using a joystick, battery, and in-wheel motors, the e-fix eco e-fix eco power assist converts a manual wheelchair into a portable power chair.
- Invacare Corporation debuted the Invacare AVIVA STORM RXTM Narrow Base Power Wheelchair in January 2022. When compared to the normal version, this model has various new features.
- MEYRA GmbH will launch the new iCHAIR METLIFE powered wheelchair under the NETTI brand in November 2021. This chair was created specifically to meet the needs of people with multiple disabilities.
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Key Market Insights from the report:
Global Electric Wheelchair Market accounted for US$ 2.56 billion in 2020 and is estimated to be US$ 5.26 billion by 2030 and is anticipated to register a CAGR of 7.50%. The global electric wheelchair market report segments the market on the basis of type, application, and region.
- Based on Type, Global Electric Wheelchair Market is segmented into Centre Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, and Standing Electric Wheelchair.
- Based on Application, Global Electric Wheelchair Market is segmented into Hospital, and Home.
- By Region, the Global Electric Wheelchair Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Global Electric Wheelchair Market:
Key players in the global electric wheelchair market includes, Golden Technologies, Drive Medical, Invacare Corp, Hoveround Corp, Heartway, 21st Century SCIENTIFIC Inc, Pride Mobility Products Corp, EZ Lite Cruiser, Merits Health Products, Inc, and Dane LLC.
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