Power Wheelchairs and Personal Mobility Market at $1.97 billion in 2018 are anticipated to reach $3.48 billion in 2025

Posted on 2019-07-04 by Mark Hub in Industrial // 0 Comments

Albany, US, 2019-Jul-04 — /EPR Network/ —Market Research Hub (MRH) has actively included a new research study titled “Power Wheelchairs and Personal Mobility: Market” Shares, Strategies, and Forecasts, Worldwide, 2019 to 2025 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until 2025. In addition, a deep analysis of the competitive landscape, including prime market players is also enclosed in this report.

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The 2019 study has 632 pages, 359 tables and figures. Worldwide Power Wheelchairs and Personal Mobility markets are poised to achieve significant growth because the devices provide mobility and significant health benefits for handicapped users. As the autonomous personal vehicle, the robotic personal vehicle, self-driving personal vehicle, or driverless personal vehicles evolve, they are first implemented in stages with various levels of autonomous features. As vehicles capable of sensing travel lanes and obstacles in the environment further evolve they will first be implemented as off road ways to travel slowly. The personal vehicles will begin moving with a minimal amount of human input.

As the autonomous personal vehicle, the robotic personal vehicle, self-driving personal vehicle, or driverless personal vehicles evolve, they are first implemented in stages with various levels of autonomous features. As vehicles capable of sensing travel lanes and obstacles in the environment further evolve they will first be implemented as off road ways to travel slowly. The personal vehicles will begin moving with a minimal amount of human input.

The power wheelchair mobile platform is modular, integrating various components. Modular systems are developed in the context of consideration of probable specifications for the interaction of system components. Power wheelchairs are used to make people who have difficulty walking independently mobile.

The power wheelchair systems are characterized by front wheel drive, center wheel drive, and rear wheel drive, accommodating demand for different driving handling characteristics under different conditions. Vendors provide power wheelchairs that are used in indoor and outdoor environments. Designs take into consideration users with mild, moderate, and severe mobility restrictions. Users come from both the disabled and older age groups.

The core of a mobile platform is an integration system that supports adapting to numerous requirements. Modules implement payload, safety, and automatic docking. A power wheelchair platform is a combination of existing technology and autonomous robotic software. Mid IR sensor systems provide new monitoring capability. Movement sensor systems depend on microprocessor technology and specialized operating systems. Real time software is providing increased functionality for power wheelchairs.

“Reimbursement drives power wheelchair markets currently. As more money is available for personal vehicles, these markets will start to emerge, based on the platforms provided by power wheelchairs.”

Power wheelchair markets at $1.97 billion in 2018 are anticipated to reach $3.48 billion in 2025. Market growth comes in large part from demand for mobility from people who might otherwise be bedridden. The aging of the population is creating a growing pool of people that need power wheelchairs. This demographic is expected to expand to people who will purchase personal vehicles that have some autonomous navigation features and controls.

The technical expertise of the sales force, the effectiveness of the distribution system, the strength of the dealers, and the availability of prompt and reliable service for products are issues that need to be addressed to achieve competitive advantage.

Companies Profiled

Market Leaders

Invacare
Permobil
Sunrise/ Handicare
Pride
Meyra
Drive

Market Participants

21ST Century Scientific
ADI
Aquila Corporation
Aspen Seating, Llc / Ride Designs
T.M. Homecare Product, Inc.
Dane Technologies / Levo AG
Drive Medical
EagleEASE Seating System
Graham Field
Graham-Field / Everest & Jennings
GeckoSystems International
Golden Technologies
HeartWay

Key Topics

Power Wheelchair

Self Driving Personal Vehicles

Indoor Maneuverability

Outdoor Mobility

Performance

Center-Wheel Drive

Personal Mobility

Dynamic Suspension

Torque Power Wheelchair

Rehab Seat

Rehab Power Wheelchair

Rear-Wheel Drive

Front-Wheel Drive

Folding Power Wheelchair

Low End Standard Power Wheelchair

High End Standard Power Wheelchair

Low End Custom Power Wheelchair

High End Custom Power Wheelchair

Clinical Criteria

Marketing Globally

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Table of Contents

Power Wheelchairs Executive Summary 40
Power Wheelchair Market Driving Forces 40
CMS Will Lessen Proposed Reimbursement Rate Reductions for
Medicare Beneficiaries’ Power Wheelchairs 43
Reimbursement Drives Power Wheelchair Markets 43
Power Wheelchair Encourage Mobility Of People Who Were
Previously Bed Ridden 44
Power Wheelchair Market Trends 45
Power Wheelchair Market Shares 47
Power Wheelchair Market Forecasts 50

Power Wheelchairs: Market Description and Market Dynamics 52

1.1 Power Wheelchair Mobile Platform 52
1.2 Power Wheelchair Measuring Guide 55
1.3 Benefits of Home Care 56
1.3.1 Home Health Saves Medicare Billions 57
1.4 Demographic Trends Driving Home Care 57
1.5 Power Wheelchair vs. Manual Wheelchair 59
1.5.1 Medicare and Insurance for Wheelchairs 60
1.5.2 Health Care Cost Containment Trends 60
1.5.3 Home Health Care And Home Medical Equipment 61
1.5.4 Changing Home Health Care Market Distribution Channels 61
1.5.5 Mainstreaming of People with Disabilities 62
1.5.6 Recovery And Active Lifestyles Of Disabled 63
1.6 Heavy-Duty Power Wheelchairs – Custom Rehab 66
1.6.1 Custom Power Wheelchairs 66
1.7 Healthcare Equipment Industry 67
1.7.1 Reimbursement Drives Healthcare Equipment Industry 67
1.7.2 Prospective Payment System (PPS) 68
1.7.3 Obamacare Market-Driven Reforms 69
1.7.4 Home Medical Equipment Industry Segments 70
1.8 Marketing Globally 71
1.8.1 U.S. Healthcare Delivery Industry 73
1.8.2 Competition Forms Basis of U.S. Medical Care Services Delivery 74
1.8.3 European Homecare Market Trends 75
1.9 Power Wheel Chair Distribution Channels 76

Continued………. #@

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