Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
A robotic wheelchair is a powered wheelchair with protracted characteristics of navigational intellect. The scope of robotic wheelchairs is progressing with the growing scope of automation and the latest technological developments. Robotic Wheelchairs are well – equipped with sensors, assistive technologies, and controllers to manage movement.
Robotic wheelchair works on robotics-based technology and has the ability of sensing obstacles in a way, piloting, and moving automatically using sensors. The foremost demand for robotic wheelchairs comes from individuals with a perpetual or momentary mobility-based impairment, the old age population, and extremely obese people who are unable to do smooth movements.
Mounting instances of temporary and persistent movement impairment, the expanding geriatric populace, and obese individuals who cannot compete in ventures that necessitate constant mobility are stimulating the demand for robotic wheelchairs.
Manufacturers are increasingly focusing on research and advancement exercises to improve intelligence and excellent peculiarities to serve people with moving disabilities. These initiatives are expected to result in increased application of robotic wheelchairs. For instance, Whill Inc. provides a wheelchair model M for residential purpose, along with its California partner. The product is equipped with 5D robotics software and hardware that collects data with the help of GPS and LiDar sensors attached to it.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the robotic wheelchairs market. In addition, complete analysis of changes on the robotic wheelchairs market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
Covid 19's rapid development universal has led to serious implications for most suppliers of cybernetics and electrical goods, in the form of supply chain disruptions. While the pandemic emergency has reduced the frequency of purchase of consumer appliances, the foremost time for shipment of orders has also increased significantly. Limited availability of components, restricted labor supply, and other supply chain-related costs are some of the major challenges that most industry players are focusing on at present. The end of the lockdown is expected to bring this industry significantly higher consumer traffic, most notably through the online channels, and the manufacturers will need to design their production plans and distribution networks in tandem with this changing business environment.
The Robotic Wheelchairs market is segmented based on by drive type, by distribution channel, by application and geography.
The Robotic Wheelchairs market on the groundwork of drive type is segmented into Rear Wheel Drive Robotic Wheelchairs, Front Wheel Drive Robotic Wheelchairs, and Mid-wheel Drive Robotic Wheelchairs. amidst which, the rear-wheel-drive robotics wheelchairs grasped the largest market portion. The factors can be wide acceptance of rear-wheel drive robotics wheelchair all over the globe.
The Robotic Wheelchairs are majorly distributed by Retail and E-commerce. The retail distribution channel led the robotic wheelchairs market with the highest value. This division has been earning demand attributing to its advantages such as rendering the consumers benefit of examining the merchandise prior to shopping, free displays, and the appearance of a store assistant who attends them with the usage and advantages of the technology embedded in the wheelchairs.
The Robotic Wheelchairs market on the basis of application is classified into residential and commercial. The residential section is estimated to grab the biggest percentage in the market. Domestic usage of robotic wheelchairs is obtaining haulage owing to its capability to accommodate self-governing movement support for indoor exercises. Professor Nicholas from Universidad Miguel Hernandez of Spain has developed a robotic wheelchair for indoor applications with the integration of brain neural computer interaction technology.
Geographically the global Robotic wheelchair market is studied for the following region North America, Europe, Asia Pacific, Middle East & Africa, and the Rest of the World. North America was deemed for the most generous share attributing to progressing need from the U.S. The initial enactment of technology and an increasingly aging population are the major factors driving the companies and medical research institutes to introduce robotic wheelchairs for independent mobility assistance. For example, the University of Toronto’s Engineering Department and the Institute for Aerospace Studies (UTIAS) collaborated with Cyberworks Robotics Inc. for robotic automation in wheelchairs. The increasing geriatric population and reimbursement from healthcare insurance providers are driving the market.
The major players in Robotic Wheelchairs market are Sunrise Medical LLC, Invacare Corporation, Permobil Corporation, Meyra GmbH, Karman healthcare, Ottobock SE & Company, Matia Robotics, Upnride Robotics, DEKA Research & Development, and Whill Inc. among others.
The report analyses the global Robotic Wheelchairs market based on by drive type, by distribution channel, by application and geography. The Robotic Wheelchairs market on the basis of drive type is segmented into Rear Wheel Drive Robotic Wheelchairs, Front Wheel Drive Robotic Wheelchairs, and Mid-wheel Drive Robotic Wheelchairs, they are majorly distributed by Retail and E-commerce, and are segmented on the basis of application is segmented into Residential and Commercial. Geographically the global Robotic Wheelchairs market is studied for the following region North America, Europe, Asia Pacific, Middle East & Africa and Rest of the World.
The major players in Robotic Wheelchairs market are Sunrise Medical LLC, Invacare Corporation, Permobil Corporation, Meyra GmbH, Karman healthcare, Ottobock SE & Company, Matia Robotics, Upnride Robotics, DEKA Research & Development, and Whill Inc. among others.
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