PUNE, India, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Powered personal mobility equipment allows persons with disabilities with solutions for accessing infrastructure via enhanced user control or attendant control. The overall powered personal mobility equipment market stood at 1.9 billion USD in the year 2018, and is expected to grow at a CAGR of 14.5% during the forecast period (2019 – 2027). In the present scenario, powered wheelchairs account for a significant share of this market. Market players have been incorporating advanced features in their powered wheelchairs, such as include incline control, changes in equipment design to support travel on rugged surfaces, and improvements in battery technology for energy storage amongst others. In the present scenario, a larger portion of the market is confined to developed regions with the U.S. being the largest among all. In emerging economies, the demand is expected to increase in coming years, with increasing spending on healthcare and rising technological adoption. In terms of control type, the powered equipment that are user controlled would continue to attract more demand.
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“During the next six years, powered wheelchairs would witness more advancements as researched are being carried out to integrate automation features, using sensors and ranging systems coupled with technologies such as artificial intelligence. Developed countries with ageing population would continue to be major target markets for the market players.”
The detailed research study provides qualitative and quantitative analysis of the powered personal mobility equipment market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue as well as sales volume across regions and further, across all the major countries. The supply side analysis covers regional production volume and capacity analysis. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa and Latin America.
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Some of the players operating in the powered personal mobility equipment market, are Acorn Stairlifts Inc., AmeriGlide, C.T.M. HOMECARE PRODUCT, Inc., EZ Lite Cruiser, Forcemech International LLC., Gator Custom Mobility, GF HEALTH PRODUCTS, INC., Golden Technologies, Handicare, Harmar, Hoveround Corporation, Invacare Corporation, Karman Healthcare, Inc., LEVO AG, Medical Depot, Inc., MERITS CO. LTD., Mobility, LLC., Monroe Wheelchair, Ottobock, Permobil, Inc., Pride Mobility Products Corp., Stannah, Sunrise Medical, TA SERVICE A/S, WHILL Inc.
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- By Equipment Type
- Powered Wheelchairs
- Centre Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
- Powered Tricycles and Scooters
- Stair Lifts
- By Control Type
- User Controlled
- Attendant Controlled
- By Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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