Power Assist Wheelchair Market Constantly Grow, Size, Share, Impressive Industry Growth, Analysis Report 2028
Posted on Jan 24 2023 12:12 PM
"Power Assist Wheelchair Market Size, Share & Industry Analysis, By Type (Indoor Power Wheelchair, Outdoor Power Wheelchair, All Terrain Wheelchair), By Propulsion (Front-wheel Drive, Rear-wheel Drive, Others), By Patient Type (Adults, Paediatric), By End User (Hospitals & Clinics, Homecare Settings, Others) and Regional Forecast"
The "Power Assist Wheelchair Market" 2022 Forecast to 2028 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.
In September 2018, Sunrise Medical (US) LLC launched the new QUICKIE Q700 M SEDEO ERGO which is their most advanced mid wheel drive power wheelchair with intelligent seating design to offer best comfort experience to the users. In April 2018, Permobil AB introduced the new Precision Lock Back Angle Adjustment technology that offers an exact fit with effortless adjustment to the customers. In August 2018, Sunrise Medical (US) LLC acquired Magic Mobility, an Australian manufacturer known for its all-terrain power wheelchairs
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Market Growth Drivers:
The major factor driving the market growth of power assist wheelchair is the increasing prevalence of disabilities due to chronic diseases like diabetes, strokes and othes. This combined with increasing geriatric population and growing number of accidents and trauma cases are anticipated to fuel the demand of power assist wheelchairs during 2019-2026. According to the U.S. Census Bureau, an estaimted 40 million people in the U.S., were suffering from some form of disability in 2015. These trends combined with technologically advanced assistance offered by power assist wheelchair are expected to drive the global power assist wheelchair market during the forecast period.
Report & Research
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We provide statistical modelling, inferential statistical analysis, descriptive statistical analysis, and predictive analysis among various other types of studies. Thus, we provide customized reports with data preparation, management, and analysis. We also have a continuous feedback system, wherein our team ensures that new market developments are accurately incorporated in the previous databases.
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Who are the Major Power Assist Wheelchair Market Vendors?
The major companies in the global power wheelchair market report includes Sunrise Medical (US) LLC, Pride Mobility Products Corp., MERITS CO. LTD., Invacare Corporation, Heartway Medical Products Co., Ltd., Electric Mobility Euro Ltd., Comfort Wheelchair, Karma Medical Products Co., LTD., CTM Chien TI Enterprise Co. Ltd., Amylior Inc., 21st Century SCIENTIFIC Inc., Magic Mobility Pty Ltd., Permobil AB and others.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favourable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period [2022 - 2029].
Pre-Post COVID-19 Impact on Global Power Assist Wheelchair Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Power Assist Wheelchair Market, since end-user industries were still not operating at their full capacity.
Key Points from TOC:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Global Statistics — Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario — Key Countries
4.5 Recent Industry Developments — Partnerships, Mergers and Acquisitions
5. Global Power Assist Wheelchair Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis — Major Players
12. Company Profiles
12.2 Products and Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
13. Strategic Recommendations
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