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Research and Markets: Global Powered Wheelchairs Market 2014-2018: Staggering Growth Rate, Forecasts till 2018
[March 06, 2014]

Research and Markets: Global Powered Wheelchairs Market 2014-2018: Staggering Growth Rate, Forecasts till 2018

DUBLIN --(Business Wire)--

Research and Markets ( has announced the addition of the "Global Powered Wheelchairs Market 2014-2018" report to their offering.

The analysts forecast the Global Powered Wheelchairs market to grow at a CAGR of 21.5 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing elderly population. The Global Powered Wheelchairs market has also been witnessing the introduction of lightweight smart chairs. However, the presence of substitutes could pose a challenge to the growth of this market.

Key vendors dominating this pace are 21st Century Scientific Inc., Invacare Corp., Ottobock Healthcare Gmbh, Permobil AB, Pride Mobility Products Corp., and Sunrise Medical Inc.

Other vendors mentioned in the report are Medical Depot Inc., GF Health Products Inc. Hoveround Corp., LEVO AG, Merits Health Products Co. Ltd., and Meyra Wilhelm Meyer Gmbh & Co. Kg.

Commenting on the report, an analyst from the team said: The availability of lightweight smart wheelchairs is one of the significant trends in the market. A smart wheelchair is a lightweight, foldable, and very portable powered wheelchair designed to meet the needs of the consumers. A smart wheelchair weighs nearly 50 pounds and folds up easily to fit conveniently in a vehicle. It has a lightweight lithium-ion battery that retains a charge for a longer period, unlike the batteries present in other powered wheelchairs. In addition, a smart wheelchair has a maximum speed of around 3.73 miles per hour and can be constantly used for around 9.94 miles.

Being equipped with anti-tip rear wheels, the wheelchair is prevented from tipping over and can easily handle slopes up to 12 degrees.

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