Electric Wheelchair Market 2022 | Size, Value Share, Latest Trend, Key Player Review, Business Prospect and Forecast to 2027

(USA, NY, New York City) As per the research made the market for the electric wheelchair is showing a potential growth and is likely to grow at a CAGR of 6.7% during its forecast timeline which is till 2027 to reach USD 3,061.64 million.

An electric wheelchair market is in increased demand since they help in moving and also be an additional functional help too. There are different tech companies that are growing these days and their electrical wheelchair is also advancing so that it becomes easy to use without being heavy. Other than this, the increased demand also contributes to the market rise. The IoT introduction and also artificial intelligence have advanced the tech product and also there is quite a growth in the product demand too. Further, the market analysis of the electric wheelchair can further help in understanding the growing trends and scope in the market which can be witnessed soon. Technology development and innovation have changed the world in a much better manner and also it has turned out to give some better living methods too. Technology has not just improved people’s lives but also made it easy for them to survive on their own. One such fine example of a product that has been made with technological advancement is the electric wheelchair. It is presently in demand since it allows the person to move without anyone’s help at all. This means the person facing leg issues or if is handicapped will not have to depend on anyone else to actually move them and do the work on their own.

The impact of covid 19 had certainly affected the market to a great scale. There is no doubt that post the pandemic rises stuck the world there has been any change noticed. The nationwide lockdown further made it worst and hence new challenges started coming IP. Now the market is facing many challenges as the supply chain got affected which eventually halted the growth as well. It is the covid 19 that however gave a little push to the wheelchair market in which people were required to rest in the clinic where there was no availability of beds.

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Key Players

Leading players profiled in the global electric wheelchair market report include Permobil AB, Whill Inc., LEVO Ag, Hoveround Corporation, Permobil AB, Invacare Corporation, Quantum Rehab, Pride Mobility Products Corp, Sunrise Medical Limited, Medical Depot, Inc., OttoBock Healthcare GmbH, Karman Healthcare, MEYRA GmbH, Drive Medical Ltd., and GF Health Products Inc.

Segmental Analysis

The market consists of different segments of all different market types such as:

As per Product Type

The market for an electric wheelchair is segmented into

Centre Wheel Drive Chair

Back Wheel Drive chair

Front-Wheel Drive Chair

As per End-Users Type

The market for an electric wheelchair is segmented into

Hospitals and Clinics

Home-care settings

As per Region Type

The market for an electric wheelchair is segmented into

Europe

North America

Middle-East and Africa

Asia-Pacific

South America

As per Battery Type

The market for an electric wheelchair is segmented into

Wet-battery electric wheelchair

Dry-battery electric wheelchair

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Regional Analysis

As per the regional analysis that has been made on the electric wheelchair market, North America is presently the leading one and is likely to even grow more during the forecast timeline which is till 2023.

Industry News

Engineers are developing smart devices for the chair like a ball of navigation for good control of the chair.

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