Intelligent Wheelchair is a type of a power wheelchair to which sensors, computers and assistive technology are attached. Intelligent Wheelchair software is divided into separate programs to control concomitantly on multiple computing nodes to decrease the time required for data. Intelligent or smart wheelchairs have been in development to increase the accessibility and safety of powered wheelchairs for individuals with physical, sensory, or cognitive impairments.
MARKET SCOPE
The "Global Intelligent Wheelchair Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Intelligent wheelchair market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading Intelligent wheelchair market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on type, the global Intelligent wheelchair market is segmented into pediatric and bariatric wheelchairs, rollators, mobility scooters.
- On the basis of end use, the market is segmented into hospital use, home use.
MARKET DYNAMICS
Drivers:
- Rise in the consumer spending on healthcare related products and services.
- Rise in number of disorders such as spinal cord injuries.
- Rise in the geriatric population.
- Growing awareness regarding various innovative mobility assistive devices.
- Technological advancements.
Restraints:
- The high repair and maintenance cost is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Intelligent wheelchair market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Intelligent wheelchair market in these regions.
IMPACT OF COVID-19 ON INTELLIGENT WHEELCHAIR MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Intelligent wheelchair market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Intelligent wheelchair market are anticipated to lucrative growth opportunities in the future with the rising demand for Intelligent wheelchair in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Intelligent wheelchair market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Medical Depot, Inc.
- Permobil AB
- Pride Mobility Products Ltd
- GE HEALTH PRODUCTS, INC
- Invacare Corporation
- Karman Healthcare, Inc.
- LEVO AG
- MEYRA GmbH
- Ottobock
- WHILL Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.