Asia Pacific Electric Wheelchair Market Growth, Size, Trends, Revenue, Demand and Future Outlook: SPER Market Research

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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.

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.

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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:

By Product Type:	Centre Wheel Drive Front Wheel Drive Rear Wheel Drive Standing Electric Wheelchair
By Battery Type:	Dry battery type Wet battery type
By Application:	Handicap Patients Neurologically Impaired
By End User:	Ambulatory Surgical Centres Home Care Settings Hospitals/ Clinics Rehabilitation Centres

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 report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia-Pacific Electric Wheelchair Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Asia-Pacific Electric Wheelchair Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Centre Wheel Drive
7.3. Front Wheel Drive
7.4. Rear Wheel Drive
7.5. Standing Electric Wheelchair
7.6. 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, 2023-2033
8.2. Dry battery type
8.3. 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, 2023-2033
9.2. Handicap Patients
9.3. Neurologically Impaired
9.4. 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, 2023-2033
10.2. Ambulatory Surgical Centres
10.3. Home Care Settings
10.4. Hospitals/ Clinics
10.5. Rehabilitation Centres
10.6. 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. Australia
16.4. China
16.5. India
16.6. Japan
16.7. South Korea
16.8. Rest of Asia Pacific

17. Company Profile

17.1. Drive Medical
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Golden Motor Technology
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Invacare Corporation
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Karma Healthcare
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Meyra Wilhelm Meyer
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Ostrich Mobility Instruments Private Limited
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Ottobock
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Permobil
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Pride Mobility Products Corp.
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Sunrise Medical
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. 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.

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Frequently Asked Questions About This Report

How big is Asia-Pacific Electric Wheelchair Market?

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.

What is the growth rate of Asia-Pacific Electric Wheelchair Market?

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.

What is the anticipated CAGR of Asia-Pacific Electric Wheelchair Market during the forecast period?

Asia-Pacific Electric Wheelchair Market CAGR of 8.1% during the forecast period.

How can I get a sample report on Asia-Pacific Electric Wheelchair Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of Asia-Pacific Electric Wheelchair Market?

Asia-Pacific Electric Wheelchair Market size is USD XX billion from 2023 to 2033.

Which segment is expected to lead Asia-Pacific Electric Wheelchair Market?

Asia-Pacific Electric Wheelchair Market Segment is Covered By Product Type, By Battery Type, By Application, By End User

Which region is expected to have the highest market share in Asia-Pacific Electric Wheelchair Market?

The Asia-Pacific region is anticipated to have the highest market share in Asia-Pacific Electric Wheelchair Market.

Who are the key players 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

What is the conclusion of Asia-Pacific Electric Wheelchair Market?

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.