Electric Wheelchair Market Growing with a CAGR of 10.7% | Scewo, GF Health Products Inc., Karman Healthcare, Inc., KYMCO Healthcare
A wheelchair is used to overcome the problem or inability to walk due to illness, injury or dysfunction. There are two varieties of stroller: the physical stroller and the battery or automatic stroller. The stroller is used for a traveling purpose by the disabled person or a person who cannot walk after injury or due to illness. They can be used for outdoor and home design. Types of custom strollers modified for regular use or particularly for specific category jobs are also accessible. The stroller reduces the difficulty or agony of the patient, such as back pain, swelling, assimilation and breathing. The non-automatic stroller is mainly used by the person who has the power of the upper arm, and the electric stroller is used by the people who suffer from exhaustion frequently.
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Global Electric Wheelchair Market – Impact of COVID-19
Worldwide, as of January 6, 2022, there have been 296,496,809 insured incidences of COVID-19, including 5,462,631 deaths, as reported to WHO. Until January 4, 2022, a total of 9,118,223,397 doses of vaccine have been administered.
The global electric stroller revenue is valued at US$6,387.3 million in 2021 and is expected to grow at a CAGR of 10.7% during the forecasted period (2021-2028).
Every country in the world is witnessing a vast development in elderly residents. This sharp increase in the number of elderly people suffering from persistent, neurological and various eating disorders is expected to move the global development of electric stroller products in the expected duration. For example, according to World Population Prospects in 2017, 13% of global residents include geriatric citizens. The resident expansion rate of people aged 60 or over is almost 3% per year worldwide, and almost 25% of citizens are over 60 in Europe, the highest percentage in the world . The number of older people in the world is expected to be 1.4 billion in 2030 and 2.1 billion in 2050, and could reach 3.1 billion in 2100.
The growing number of initiated and accepted equipment is expected to fuel the development of the global electric stroller merchandise in the anticipated duration. For example, in March 2020, Invacare Corporation, an organization involved in the production of indoor medical devices, launched the Invacare AVIVA FX electric stroller. The modulation of the AVIVA FX electric stroller makes it easy to eliminate tires, trundle and swivel, gear case and machine.
Global Electric Wheelchair Market – Constraints
Either way, electric strollers are a mechanically new device to help disabled and elderly people get around and are expected to have flaws, unlike mechanical snags, and other difficulties. Due to these mechanical disruptions, the United States FDA frequently brings up the electric stroller, which is expected to hamper the development of the electric stroller merchandise in the expected duration. For example, in August 2018, the United States Food and Drug Administration initiated a revocation of Permobil electric strollers produced by Permobil AB, due to the probable neglect of one or two rest-giving armrest rods. If either or both of the peripheral rods of the back aid break, the user could fall backwards and cause serious injury.
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Global Electric Wheelchair Market – Regional Analysis
Based on region, the global electric stroller merchandise is divided into North America, Latin America, Europe, Asia-Pacific, Middle East and Africa.
North America is expected to maintain its leading position in the global electric stroller market over the forecasted period owing to the increase in partnerships and alliances among the players in the merchandise. For example, in August 2020, Sunrise Medical declared the joining of two leading global pediatric brands, Leckey and Firefly, to develop Sunrise Medical’s leading pediatric motion database.
Global Electric Wheelchair Market – Competitive Landscape
Major established players in the electric stroller world include 21st Century Scientific, Nanjing Jin Bai He Medical Apparatus Co., Ltd, Invacare Corporation, Scewo, GF Health Products Inc., Sunrise Medical (US) LLC, Permobil Inc., Ottobock Santé, KYMCO Healthcare, Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Hoveround Corporation, Inc., Meyra GmbH, LEVO AG, Merits Co. Ltd., Segway Inc., Karman Healthcare, Inc. and SOWECARE BV,
𝗕𝘂𝘆 𝗡𝗼𝘄 𝗧𝗼 𝗚𝗲𝘁 𝗙𝗹𝗮𝘁 𝗨𝗦𝗗 𝟮𝟬𝟬𝟬 𝗢𝗳𝗳
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Chapter 1 Industry Overview
1.3 Scope of research
1.4 Market Analysis by Regions
1.5 Global Electric Wheelchair Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Electric Wheelchair Industry Impact
Chapter 2 Global Electric Wheelchair Competition by Types, Applications, and Top Regions and Countries
2.1 Global Electric Wheelchair (Volume and Value) by Type
2.3 Global Electric Wheelchair (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Electric Wheelchair Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Electric Wheelchair Market Analysis
Chapter 6 East Asia Electric Wheelchair Market Analysis
Chapter 7 Europe Electric Wheelchair Market Analysis
Chapter 8 Southeast Asia Electric Wheelchair Market Analysis
Chapter 9 Southeast Asia Electric Wheelchair Market Analysis
Chapter 10 Middle East Electric Wheelchair Market Analysis
Chapter 11 Africa Electric Wheelchair Market Analysis
Chapter 12 Oceania Electric Wheelchair Market Analysis
Chapter 13 South America Electric Wheelchair Market Analysis
Chapter 14 Company Profiles and Key Figures of Electric Wheelchairs Industry
Chapter 15 Global Electric Wheelchair Market Forecast (2021-2027)
Chapter 16 Conclusions
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