Asia-Pacific Electric Wheelchair Market Growth and Size, Share, Revenue, Industry Trends, Business Opportunities and Competitive Analysis 2033: SPER Market Research
A wheelchair that is designed to run on an electric motor rather than a human power source is called an electric or power wheelchair. For the elderly and disabled, an electric wheelchair is a helpful and necessary piece of equipment. It facilitates their movement and improves the comfort of their lives. For maximum safety, these wheelchairs are equipped with cutting-edge technologies, including seatbelts and brakes. Moreover, joysticks are included with electric wheelchairs for simple movement. Increasingly, adaptive sports and leisure activities use electric wheelchairs. By enabling people with disabilities to take part in sports like wheelchair basketball, rugby, and racing, they foster social inclusion, physical fitness, and a sense of competition.
According to SPER Market Research, ‘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’ states that the Asia-Pacific Electric Wheelchair Market is estimated to reach USD XX Billion by 2033 with a CAGR of 8.1%.
Due to the increasing prevalence of chronic illnesses among the elderly population and the increasing availability of advanced-technology electric wheelchairs, Asia Pacific is expected to see significant growth in the worldwide electric wheelchair market. According to estimates, China has a sizable portion of the market for electric wheelchairs in the Asia-Pacific region. The necessity for automated wheelchairs for the disabled, the ageing population worldwide, and rising disposable income are all factors propelling the growth of the electric wheelchair market in this area. The Asia-Pacific electric wheelchair industry is experiencing growth due to an increase in traffic accidents. In recent years, there has been a precipitous rise in the number of traffic accidents. An increase in traffic-related incidents and injuries would ultimately result in an increase in the electric wheelchair market.
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Affordability remains one of the main challenges, particularly for people with modest salaries. Inadequate infrastructure and accessibility concerns prevent several Asia-Pacific nations from allowing the public to use electric wheelchairs. Further complicating matters are disparate standards, complex legal frameworks, and a lack of communication between patients and medical staff. The social stigma attached to disabilities may also impede the expansion of enterprises.
The COVID-19 pandemic has caused severe operational interruptions for numerous businesses, notably those in the electric wheelchair manufacturing sector. Quarantining employees, supply-chain breakdowns, and demand declines have caused businesses to face significant challenges. Restrictions on access to medical services and decreased consumer expenditure also affected sales and distribution networks. But the outbreak also highlighted how important mobility support is to disabled individuals’ ability to remain independent, which could lead to long-term demand as economies expand and healthcare systems adapt to new guidelines.
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Top Companies in APAC Electric Wheelchair Market
The market is divided into China, Japan, India, South Korea, Singapore, Malaysia, and the rest of Asia Pacific based on country. The Asia Pacific Electric Wheelchair Market was dominated by the Chinese market.
- 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
For More Information, refer to below link:-
Asia-Pacific Electric Wheelchair Market Outlook
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