Asia Pacific Electric Wheelchair Market By Type (Center Wheel Drive, Front Wheel Drive, Standing, Rear Wheel Drive)
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Market Report Description
The Asia Pacific Electric Wheelchair Market Size is anticipated to experience a market growth of 21.8% CAGR during the forecast period (2016 - 2022).
An Electric Wheelchair also called as power wheelchair is one of the innovative technologies that operate through batteries and electric motors rather than manual power. Electric wheelchair is used preferably by the people who are not able to walk due to physical disability or illness. It is also used by the people suffering from any type of cardiovascular or fatigue based conditions. Electric wheelchair consists of three main wheels, Rear, Front, and mid wheel Drive. Seating & positioning, cushions & brackets like features are also contributing to the growth of the electric wheelchair market. Rising number of road accidents has resulted in the growing demand for Asia-Pacific electric wheelchair market. There has been a rapid increase in the number of road accidents in the recent years. As per the 2017 estimation by World Health Organisation (WHO), ?between 20 and 50 million people suffer from non-fatal injuries, with many incurring a disability as a result of their injury?. Additionally, the report also stated that 90% of the road accidents occur in the middle-income level countries all over the world. According to the records by Government of India Ministry of Road Transport & Highways 2015, ?in India 500,000 road accidents were caused nearly 146,000 deaths and left more than thrice that number injured?. Hence, increase in the number of road accidents and injuries would ultimately leads to growth in the electric wheelchair market. The Electric wheelchair market has been segmented on the basis of product type and country. Based on Product type, the market is segmented into Centre Wheel Drive, Front Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair, and Others (Sports Wheelchair, Pediatric Wheelchair, and High-Power Wheelchair). Based on Country, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia-Pacific. The key players operating in the electric wheelchair market are Invacare Corporation, Sunrise Medical, Karman Healthcare, Dane Technologies Inc., Pride Mobility Products Corp, Drive Medical Ltd., Otto Bock, and GF Healthcare Products, Inc.