Robotic Wheelchair Market

1. Global Robotic Wheelchair Market Projected to Witness a Measurable Downturn; COVID-19 Outbreak Remains a Threat to Growth in the Near Future May 2020 Report Id : REP-GB-11103 Published On : 02-March-2020 @futuremarketins I Category : Retail and Consumer Products www.futuremarketinsights.com I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

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3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

4. Robotic Wheelchair Analysis Robotic Wheelchair Market: Overview The demand for robotic wheelchairs is being driven by increasing instances of permanent and temporary mobility deficiency, through geriatric population and obese individuals who are unable to engage in activities that require smooth movement. Owing to their ability to offer self-regulating mobility assistance for indoor activities, residential use of robotic wheelchairs has been gaining popularity. Robotic wheelchairs, also known as power wheelchairs is an improved variant of commonly used electric wheelchairs. Robotic wheelchairs are equipped with sensors and runs with the help of artificial intelligence. These chairs can seamlessly detect obstacles in the way, navigate accordingly and improve the multifold user experience. Click here to Request Covid-19 Impact Analysis www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Robotic Wheelchair Analysis Robotic Wheelchair Market: Key Players • Ottobock SE & Company • Sunrise Medical LLC • Permobil Corporation • Meyra GmbH • Karman Healthcare Research and development efforts are increasingly done by manufacturers to create smart and innovative technologies to support people with moving disabilities. UPnRIDE Robotics recently announced that the United States Food and Drug Administration (FDA) has cleared its Robotic Standing Wheelchair for marketing and use in the United States. This will make UPnRIDE products available in in the U.S. market. Haneda International Airport in Tokyo and Changi General Hospital in Singapore and Singapore MIT Research www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Robotic Wheelchair Analysis Robotic Wheelchair Market: Effect of Covid-19 The COVID-19 epidemic has seriously affected the OEM industry with disruptions to the supply chain and manufacturing operations. The reduced involvement of robotic wheelchair manufacturers in product design and production is one of the most important changes that the supply chain will see in a post-Covid-19 environment. The need for cooperation and collaboration between stakeholders, especially suppliers and OEMs, will therefore have to become stronger in order to tackle the challenges posed by the pandemic. The research report presents a comprehensive assessment of the robotic wheelchair market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report of the robotic wheelchair market provides analysis and information according to the different market segments such as use, drive type, distribution channel and region. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Robotic Wheelchair Analysis Robotic Wheelchair Market: Segmentation The robotic wheelchair market can be segmented on the basis of use, drive type and distribution channel On the Basis of Use • Residential Use • Commercial Use On the Basis of Drive Type • Front Wheel Drive • Rear Wheel Drive • Mid Wheel Drive www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. Robotic Wheelchair Analysis Robotic Wheelchair Market: Dynamics Demand for robotic wheelchair is rising mainly because of the steady rise in the numbers of elderly and disabled people in countries like Japan. In addition, increase in disposable income of consumers and R&D activities done by manufacturers are important factors to keep the market rejuvenated. The availability of a wide variety of robotic wheelchair devices of the next decade is driving a rise in customer numbers. This will be pushing the demand in the years ahead. Nonetheless, robotic wheelchairs’ high operating cost is a major obstacle that limits market development for such wheelchairs. That is particularly accurate in developing countries. During the forecast period, commercial applications of robotic wheelchair market is expected to grow due to a rise in robotic wheelchairs in areas such as hospitals, airports, tourist spots and social care homes. Panasonic and Whill Inc., for example, have developed self-driving robotic wheelchairs that can be operated through a smartphone and are used in hospitals and airports. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. Robotic Wheelchair Analysis Robotic Wheelchair Market: Regional Overview Owing to the rising demand in the U.S., North America accounted for the largest share of over 30% in the robotic wheelchair market. Rapid acceptance of technology and increasing elderly population are the key factors pushing businesses and medical research institutes to implement independent mobility assistance robotic wheelchairs. Countries like the Germany, China, India and U.K. are seeing substantial demand for robotic wheelchairs due to increasing geriatric population, high purchasing power and technological advances. Technical University of Athens, as well as research initiatives taken by businesses in Europe for the disabled and the elderly, focuses on self-directed robotic wheelchairs with the aid of numerous initiatives such as the MANUS project for everyday tasks and the digital wheelchair project for industrial applications. Click here to Order a free sample For more insights on the Robotic Wheelchair, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

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