Semiconductors and Electronics
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.
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
Regulatory bodies, policy actors, and consumers.
By Product Type
Rear Wheel Drive
Front Wheel Drive
Center Wheel Drive
Standing Electric Wheelchair
Key Market Players
Drive Medical Ltd.
GF Health Products, Inc.
Sunrise Medical Limited
Ottobock Healthcare GMBH
Pride Mobility Products Corp.
(A brief overview of 15 companies is also provided)
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 –
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.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
126.96.36.199. Key Data from Secondary Research
2.1.2. Primary Research
188.8.131.52. Key Data from Primary Research
184.108.40.206. 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
3. Executive Summary
4. Market Overview
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
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
7. Geographical Analysis
7.2. North America
7.4. Asia Pacific
7.4.3. South Korea
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
9.2. 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
10.2. Available Customizations
10.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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