Strategic Partnerships and Product Launches by Market Players such as Invacare Corporation, Sunrise Medical, and Others to Foster the Growth of the Global Electric Wheel Chair Market

Electric wheel chair, also known as electric-powered wheelchair (EPW) or power wheel chair is a wheelchair powered by an electric motor. This wheel chair consists of one or more rechargeable batteries. Electric wheel chair reduces manual activity as it does not require any human assistance for moving the wheelchair. It is useful and essential equipment for the impaired and elderly people as the wheel chair makes their mobility easier. Electric wheel chairs come with advanced features, such as brakes and seatbelts to ensure the utmost safety. Besides, these wheel chairs provide joysticks for easy maneuvering.

COVID-19 Impact on Electric Wheel Chair Market

The outbreak of COVID-19 across the globe has drastically impacted the global electric wheel chair market growth. The negative growth of the market is majorly owing to the multiple manufacturers namely Ottobock SE & KGaA and Permobil in the electric wheel chair market facing challenges in the supply of their products. In addition, the reduction in manufacturing of power wheel chair and the focus of healthcare staff to support COVID-19 departments has hugely impacted the market growth during the period of coronavirus crisis.

However, various key companies of the electric wheel chair market are coming up with novel strategies to sustain in the global industry. For instance, in March 2020, Invacare Corporation launched ‘Invacare AVIVA FX Power Wheel Chair,’ which is built with LiNX Technology. Such strategic steps are expected to help the market witness prominent growth post-coronavirus pandemic crisis.

Electric Wheel Chair Market Trends and Developments

The companies operating in the global industry are adopting several growth strategies and business tactics such as partnerships, collaboration, business expansion, and product launches to obtain a leading position in the global industry, which is predicted to drive the global electric wheel chair market growth in the upcoming years.

For instance, in January 2021, Permobil, Inc., the wholesaler of surgical and medical equipment, and LUCI Mobility, an accessory for power wheelchairs, entered into a partnership to provide the groundbreaking smart wheelchair technology of LUCI through Permobil’s industry-leading clinical education & commercial organization to rehabilitation clinics of Veterans Affairs (VA) in the United States.

In February 2021, Sunrise Medical, the leading designer and manufacturer of mobility products, announced the launch of the new ‘QUICKIE Q300 M Mini,’ which is the narrowest power wheelchair to complement the company’s QUICKIE power portfolio. The Q300 will easily maneuver as its ultra-narrow base can go through a narrow doorway, or crowded restaurant.

In August 2021, Invacare Corporation, the leading manufacturer & distributor of non-acute medical equipment, announced the launch of the ‘Invacare AVIVA STORM RX’ electric wheelchair and set a new standard for the rear-wheel drive power mobility. According to the company, the AVIVA STORM RX is the next generation of Invacare power mobility products and an innovative development the in rear-wheel drive power wheelchairs.

Forecast Analysis of Global Market

The global electric wheel chair market is projected to witness an exponential growth over the forecast period, owing to the notable expansion of hospitals & healthcare infrastructure in the recent several years. Conversely, the lack of public charging infrastructure is expected to hamper the market growth in the projected timeframe.

The increasing rates of occupational injury along with road traffic and the increasing burden of chronic conditions among people around the world are the significant factors and electric wheel chair market trends estimated to bolster the growth of the global market in the coming future. According to a latest report published by Research Dive, the global electric wheel chair market is expected to garner $4817.6 million during the forecast period (2021-2028). Regionally, the North America market is estimated to observe dominant growth by 2028, owing to the growing adoption of advanced wheel chairs and the presence of prominent market players in the region.

The key players functioning in the global market include

1. Invacare Corporation,
2. MATSUNAGA MANUFACTORY Co., Ltd.,
3. Karma Medical Products Co., LTD.,
4. MEYRA GmbH,
5. NISSIN MEDICAL INDUSTRIES CO., LTD.,
6. Miki Kogyosho Co., Ltd.,
7. OTTOBOCK,
8. Pride Mobility Products Corp.,
9. Permobil, 
10. Sunrise Medical.