Asia Pacific Electric Wheelchair Market Growth, Size, Trends, Revenue, Demand and Future Outlook
Asia-Pacific Electric Wheelchair Market Size- By Product Type, By Battery Type, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: FMCG2438 | Pages: 1 - 152 | Formats*: |
| Category : Consumer & Retail | |||
Asia-Pacific Electric Wheelchair Market Introduction and Overview
According to SPER Market Research, the Asia-Pacific Electric Wheelchair Market is estimated to reach USD XX Billion by 2033 with a CAGR of 8.1%.
The report includes an in-depth analysis of the Asia-Pacific Electric Wheelchair Market, including market size and trends, product mix, applications, and supplier analysis. Electric wheelchairs, also referred to as power chairs, are motor chairs with electrical mechanisms. Rather of being powered by hand, these wheelchairs are propelled by an electric motor. Given their size and physical makeup, the chairs' additional turning capacity combined with their light weight make them incredibly useful indoors. Because they are easy to operate, electric wheelchairs are mostly used by immobilised individuals with special needs and limited range of motion. Moreover, individuals with spinal injuries or cardiovascular disorders may also frequently utilise them.
- March 2020: The Invacare AVIVA FX Power Wheelchair, which boasts best-in-class design, technology, and performance, was introduced by Invacare Corporation in March 2020.
- December 2019: Leading provider of sophisticated medical technology, Permobil, introduced the SmartDrive PushTracker E2, a cutting-edge power assist system for manual wheelchairs, in December 2019. By improving users' mobility on uneven surfaces, the technology reduces the risk of strain-related shoulder injuries. In the upcoming years, the wheelchair market is probably going to see new trends brought about by these technological advances.
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Market Opportunities and Challenges
One important factor driving the market for electric wheelchairs is convenience. People of all ages can effectively operate the device because of its user-friendly design. Some other aspects that significantly contribute to the growth of this market include the rise in road accidents, the rise in patients with physical abnormalities, and the rise in purchasing power of consumers in the Asia-Pacific region. The Asia-Pacific electric wheelchair market is seeing growth due to an increase in traffic accidents. In recent years, there has been a precipitous rise in the number of traffic accidents. The market for electric wheelchairs would eventually expand in response to an increase in traffic accidents and injuries. The growing need for smart wheelchairs among disabled individuals who suffer from motor, sensory, or cognitive impairments may be a potential opportunity for the Asia-Pacific wheelchair market.
However, it is anticipated that the market's expansion will be constrained by wheelchair users' inability to enter public spaces and some residences due to costly home and car renovations. It also frequently has a hefty initial cost. The sophisticated architecture, features, and technology of these gadgets add to their comparatively high cost. The upfront expense may be a major deterrent to getting them for people with low incomes. Although these provide more movement, they also need to be maintained frequently to function at their best. The total cost of ownership may increase due to maintenance costs, such as part replacement and repair. These factors will limit the market's expansion in the upcoming years.
Market Competitive Landscape
The major key players in the Asia-Pacific Electric Wheelchair Market are: Drive Medical, Golden Motor Technology, Invacare Corporation, Karma Healthcare, Meyra Wilhelm Meyer, Ostrich Mobility Instruments Private Limited, Ottobock, Permobil, Pride Mobility Products Corp., Sunrise Medical, Others
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Battery Type, By Application, By End User |
| Regions covered | Australia, China, India, Japan, South Korea and rest of Asia Pacific |
| Companies Covered | Drive Medical, Golden Motor Technology, Invacare Corporation, Karma Healthcare, Meyra Wilhelm Meyer, Ostrich Mobility Instruments Private Limited, Ottobock, Permobil, Pride Mobility Products Corp., Sunrise Medical, Others |
COVID-19 Impact on Asia-Pacific Electric Wheelchair Market
The wheelchair manufacturing sector, have experienced major operational disruption as a result of the numerous precautions put in place to stop the spread of COVID-19. Serious issues for businesses have resulted from staff quarantines, supply-chain breakdowns, and demand declines. A great deal of businesses, particularly those in the wheelchair manufacturing sector, have experienced major operational disruption as a result of the numerous precautions put in place to stop the spread of COVID-19. Serious issues for businesses have resulted from staff quarantines, supply-chain breakdowns, and demand declines.
Key Target Audience:
- Individuals with mobility impairments
- Healthcare institutions
- Durable medical equipment (DME) suppliers
- Rehabilitation therapists
- Mobility aid manufacturers
- Academic institutions
- Others
Our in-depth analysis of the Asia-Pacific Electric Wheelchair Market includes the following segments:
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| By Battery Type: |
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| By Application: |
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| By End User: |
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Key Topics Covered in the Report:
- Asia-Pacific Electric Wheelchair Market Size (FY’2023-FY’2033)
- Overview of Asia-Pacific Electric Wheelchair Market
- Segmentation of Asia-Pacific Electric Wheelchair Market By Product Type (Centre Wheel Drive, Front Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair, Others)
- Segmentation of Asia-Pacific Electric Wheelchair Market By Battery Type (Dry battery type, Wet battery type)
- Segmentation of Asia-Pacific Electric Wheelchair Market By Application (Handicap Patients, Neurologically Impaired, Others)
- Segmentation of Asia-Pacific Electric Wheelchair Market By End User (Ambulatory Surgical Centres, Home Care Settings, Hospitals/ Clinics, Rehabilitation Centres, Others)
- Statistical Snap of Asia-Pacific Electric Wheelchair Market
- Expansion Analysis of Asia-Pacific Electric Wheelchair Market
- Problems and Obstacles in Asia-Pacific Electric Wheelchair Market
- Competitive Landscape in the Asia-Pacific Electric Wheelchair Market
- Impact of COVID-19 and Demonetization on Asia-Pacific Electric Wheelchair Market
- Details on Current Investment in Asia-Pacific Electric Wheelchair Market
- Competitive Analysis of Asia-Pacific Electric Wheelchair Market
- Prominent Players in the Asia-Pacific Electric Wheelchair Market
- SWOT Analysis of Asia-Pacific Electric Wheelchair Market
- Asia-Pacific Electric Wheelchair Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Asia-Pacific Electric Wheelchair Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia-Pacific Electric Wheelchair Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Electric Wheelchair Market
7. Asia-Pacific Electric Wheelchair Market, By Product Type (USD Million)
7.1. Asia-Pacific Electric Wheelchair Market Value Share and Forecast, By Product Type, 2023-20337.2. Centre Wheel Drive7.3. Front Wheel Drive7.4. Rear Wheel Drive7.5. Standing Electric Wheelchair7.6. Others
8. Asia-Pacific Electric Wheelchair Market, By Battery Type (USD Million)
8.1. Asia-Pacific Electric Wheelchair Market Value Share and Forecast, By Battery Type, 2023-20338.2. Dry battery type8.3. Wet battery type
9. Asia-Pacific Electric Wheelchair Market, By Application (USD Million)
9.1. Asia-Pacific Electric Wheelchair Market Value Share and Forecast, By Application, 2023-20339.2. Handicap Patients9.3. Neurologically Impaired9.4. Others
10. Asia-Pacific Electric Wheelchair Market, By End User (USD Million)
10.1. Asia-Pacific Electric Wheelchair Market Value Share and Forecast, By End User, 2023-203310.2. Ambulatory Surgical Centres10.3. Home Care Settings10.4. Hospitals/ Clinics10.5. Rehabilitation Centres10.6. Others
11. Asia-Pacific Electric Wheelchair Market Forecast, 2019-2033 (USD Million)
11.1. Asia-Pacific Electric Wheelchair Market Size and Market Share
12. Asia-Pacific Electric Wheelchair Market, By Product Type, 2019-2033 (USD Million)
12.1. Asia-Pacific Electric Wheelchair Market Size and Market Share By Product Type (2019-2026)12.2. Asia-Pacific Electric Wheelchair Market Size and Market Share By Product Type (2027-2033)
13. Asia-Pacific Electric Wheelchair Market, By Battery Type, 2019-2033 (USD Million)
13.1. Asia-Pacific Electric Wheelchair Market Size and Market Share By Battery Type (2019-2026)13.2. Asia-Pacific Electric Wheelchair Market Size and Market Share By Battery Type (2027-2033)
14. Asia-Pacific Electric Wheelchair Market, By Application, 2019-2033 (USD Million)
14.1. Asia-Pacific Electric Wheelchair Market Size and Market Share By Application (2019-2026)14.2. Asia-Pacific Electric Wheelchair Market Size and Market Share By Application (2027-2033)
15. Asia-Pacific Electric Wheelchair Market, By End User, 2019-2033 (USD Million)
15.1. Asia-Pacific Electric Wheelchair Market Size and Market Share By End User (2019-2026)15.2. Asia-Pacific Electric Wheelchair Market Size and Market Share By End User (2027-2033)
16. Asia-Pacific Electric Wheelchair Market, By Region, 2019-2033 (USD Million)
16.1. Asia-Pacific Electric Wheelchair Market Size and Market Share By Region (2019-2026)16.2. Asia-Pacific Electric Wheelchair Market Size and Market Share By Region (2027-2033)16.3. Australia16.4. China16.5. India16.6. Japan16.7. South Korea16.8. Rest of Asia Pacific
17. Company Profile
17.1. Drive Medical17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. Golden Motor Technology17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. Invacare Corporation17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments17.4. Karma Healthcare17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. Meyra Wilhelm Meyer17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. Ostrich Mobility Instruments Private Limited17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. Ottobock17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. Permobil17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. Pride Mobility Products Corp.17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. Sunrise Medical17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Asia-Pacific Electric Wheelchair Market is projected to reach USD XX billion by 2033, growing at a CAGR of 8.1% during the forecast period.
Asia-Pacific Electric Wheelchair Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of 8.1% during the forecast period.
Asia-Pacific Electric Wheelchair Market CAGR of 8.1% during the forecast period.
You can get the sample pages by clicking the link -Click Here
Asia-Pacific Electric Wheelchair Market size is USD XX billion from 2023 to 2033.
Asia-Pacific Electric Wheelchair Market Segment is Covered By Product Type, By Battery Type, By Application, By End User
The Asia-Pacific region is anticipated to have the highest market share in Asia-Pacific Electric Wheelchair Market.
The key players in the market include Companies Covered Drive Medical, Golden Motor Technology, Invacare Corporation, Karma Healthcare, Meyra Wilhelm Meyer, Ostrich Mobility Instruments Private Limited, Ottobock, Permobil, Pride Mobility Products Corp., Sunrise Medical, Others
Electric wheelchairs, also referred to as power chairs, are motor chairs with electrical mechanisms. Rather of being powered by hand, these wheelchairs are propelled by an electric motor.
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