Scope of the Study
A growing number of aging and disabled people and upsurge in research & development, and raid technology revolutions in the industry will help to boost global robotic wheelchair market. The robotic wheelchair is powered wheelchairs with additional features of navigational intelligence. These wheelchairs are designed with sensors, assistive technologies, and controllers to manage movement. Robotic wheelchairs are flexible to be transformed into a bed, do not need support from others, and can be controlled with the help of mobile applications or WiFi. Additional features include cloud computing, mapping, and machine learning.
The market study is being classified by Type (Rear Wheel Drive Robotic Wheelchairs, Front Wheel Drive Robotic Wheelchairs and Mid-wheel Drive Robotic Wheelchairs), by Application (Residential Sector and Commercial Sector) and major geographies with country level break-up. According to AMA, the Global Robotic Wheelchairs market is expected to see growth rate of 16.84%
DEKA Research & Development (United States), Invacare Corporation (United States), Matia Robotics (United States), Pride Mobility Products Corporation (United States), Sunrise Medical (Germany), Permobil Corporation (Sweden), UPnRIDE Robotics (Israel), Ottobock SE & Co. KGaA. (Germany), WHILL (United States) and Farnell UK (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Drive Devilbiss Healthcare (New York) and Karman Healthcare (United States).
The global robotic wheelchairs market is highly concentrated and the market currently in its initial stage of growth, the competition is anticipated to become less intense by the end of the prognostication period. To gain the market share companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Robotic Wheelchairs market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Robotic Wheelchairs market by Type, Application and Region.
On the basis of geography, the market of Robotic Wheelchairs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Population of Physically Disabled People
- Rising Aging Population
- Upsurge in Spinal Cord Injuries
- Growing Demand Of Solar Powered Robotic Wheelchair
- Rising Trend of Automation Enabling Enhanced Returns on Investments
- High Adoption Due To Advanced Facility
- High Selling and Operational Cost of Robotic Wheelchair
- Huge Opportunity Due To Technological Advancement Including IOT Compatibility, Navigation, Obstacle Sensors
- Higher Awareness Regarding Smart Wheelchairs with Advancements in Technology
- Complexity in Product Design and Real-time Performance Difficulties
Key Target AudienceRobotic Wheelchair Manufactures, Robotic Wheelchair Suppliers and Distributors, Government Regulatory Bodies, Private Research Organization, Government research Organization and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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