Global Smart Wheelchair Market report is drawn from incredibly reliable sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. Moreover, this market research report combines all-inclusive industry analysis with precise estimates and forecasts to provide complete research solutions with maximum industry clarity for strategic decision making. Market research report implementation is becoming very crucial for the successful businesses as it provides insights into revenue growth and sustainability initiative. Global Smart Wheelchair Market research report endows with an actionable market insight with which sustainable and profitable business strategies can be built.
All the data and information included in the finestData Bridge Market Research analyses that the smart wheelchair market which was USD 150.8 million in 2021, would rocket up to USD 285.38 million by 2029, and is expected to undergo a CAGR of 8.3% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Smart wheelchairs have made considerable advances in the field of mobility assistive technologies in recent years. Increasing use of smart wheelchairs, particularly in the commercial sector, such as airports, hospitals, tourist attractions, educational institutions, and the healthcare industry, is expected to enhance demand during the forecast period. The usage of smart wheelchairs is encouraged by the focus on increased safety and quality issues. The mechanically operated smart wheelchair is a self-moving device that responds to user commands. As a result, using a wheelchair requires less force and human effort from the user. Additionally, it gives those who are physically or visually challenged the chance to move from one location to another.
Market Definition
A smart wheelchair is a power wheelchair (PWC) that collects information on driver behavior and interaction with their environment. No upper body strength is necessary to operate these electric wheelchairs. Additionally, users with restricted arm or hand movement are thought to benefit greatly from these wheelchairs. The mobility of this electric wheelchair is made possible by a straightforward joystick movement.
Drivers
The market for smart wheelchairs is expected to grow during the forecast period of 2022–2029 due to factors including the rising number of patients with neurological disorders, rising demand for automated medical devices, an increase in the global geriatric population, and rising levels of disposable income. On the other hand, increasing applications from developing nations and rising demand for advanced electric wheelchairs from the sports industry will both create new chances for the growth of the smart wheelchair market throughout the forecast period.
In addition, the rise in the incidence of people with physical impairments, the growing popularity of home healthcare, and overall development in the number of road traffic accidents leading to limited mobility are some of the major factors driving the demand for smart wheelchairs globally.
Over the past few years, technological advances in the fields of patient care, home care, assisted living, elder care products and services have taken precedence for efficient patient management. Therefore, smart wheelchair advancements are used in hospitals, rehab centers, among others.
Recent Development
Some of the major players operating in the smart wheelchair market are:
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The report provides insights on the following pointers:
Top Key Topics Covered:
Continued…
Smart Wheelchair Market Scope
Type
Product
Application
End User
Distribution Channel
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