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Electric wheelchair Market By Product Type (Rear Wheel Drive, Front Wheel Drive, Center Wheel Drive, Standing Electric Wheelchair) - Global Size Analysis and Industry Forecast, 2018-2023.

 Semiconductors and Electronics

Report Overview

GLOBAL ELECTRIC WHEELCHAIR MARKET was valued at USD 2.01 Billion in the year 2017. Global Electric Wheelchair Market is further estimated to grow at a CAGR of 17.95% from 2018 to reach USD 5.4 Billion by the year 2023.

Drive Medical Ltd. (U.K), Invacare Corporation (U.S), Levo AG (Switzerland), GF Health Products, Inc. (U.S), Karman Healthcare (U.S), Meyra GMBH (Germany), Sunrise Medical Limited (U.K), Ottobock Healthcare GMBH (Germany), Permobil AB (Sweden) and Pride Mobility Products Corp. (U.S) are some of the key players in the Global Electric wheelchair market. Better global reach at an operational level is the main reason the key players are holding substantial market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

In the global fitness tracker market by region, North America region holds the highest market share in 2017 and Asia Pacific region is considered as the fastest growing market in the forecasted period due to strongly growing awareness and rising old age population. At a country level, U.S, Canada, China and Japan is projected to grow strongly in the coming years.   


             Growing old age population

             Increasing obese population.


             High cost


            Technological development

            Opportunity in developing market


            Lack of knowledge among the individuals

The segmentation is done on the basis of product Type and by region. On the basis of product types, the global Electric wheelchair market is sub-segmented as rear wheel drive, front wheel drive, center wheel drive, standing electric wheelchair and others of which the center wheel drive segment is expected to hold the highest market share and is growing with highest CAGR during the forecast period.

Key Benefits for Stakeholders

Electric wheelchair Manufacturers, Distributors, and Retailers

Research and Consulting Organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Product Type

Rear Wheel Drive

Front Wheel Drive

Center Wheel Drive

Standing Electric Wheelchair


By Region

North America




Key Market Players

Drive Medical Ltd.

Invacare Corporation

Levo AG

GF Health Products, Inc.

Karman Healthcare

Meyra GMBH

Sunrise Medical Limited

Ottobock Healthcare GMBH

Permobil AB

Pride Mobility Products Corp.

(A brief overview of 15 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Electric wheelchair Market, By Product Type

6.1 Rear Wheel Drive

6.2 Front Wheel Drive

6.3 Center Wheel Drive

6.4 Standing Electric Wheelchair

6.5 Others

7. Geographical Analysis

7.1. Introduction

7.2. North America

       7.2.1. U.S.

       7.2.2. Canada

       7.2.3. Mexico

7.3. Europe

       7.3.1. U.K.

       7.3.2. Germany

       7.3.3. France

       7.3.4. RoE

7.4. Asia Pacific

       7.4.1. China

       7.4.2. Malaysia

       7.4.3. South Korea

       7.4.4. India

       7.4.5. RoAPAC

7.5. RoW

       7.5.1. Latin America

       7.5.2. Middle East and Africa

8. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

8.1 Drive Medical Ltd.

8.2 Invacare Corporation

8.3 Levo AG

8.4 GF Health Products, Inc.

8.5 Karman Healthcare

8.6 Meyra GMBH

8.7 Sunrise Medical Limited

8.8 Ottobock Healthcare GMBH

8.9 Permobil AB

8.10 Pride Mobility Products Corp.

(A brief overview of 15 companies is also provided.)

9. Competitive Analysis

9.1. Introduction

9.2. Market Positioning of Key Players

9.3 Competitive Strategies Adopted by Leading Players

        9.3.1. Investments & Expansions

        9.3.2. New Product Launches

        9.3.3. Mergers & Acquisitions

        9.3.4. Agreements, Joint Ventures, and Partnerships

10. Appendix

10.1. Questionnaire

10.2. Available Customizations 

10.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


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