Electric Wheelchair Market Share Projected to Surpass a Valuation of USD 6.5 Billion by 2032 Growing at a 6.9% CAGR
Research Reports
Aug 17, 2023
Electric Wheelchair Market Research Report Information By Types (Center Wheel Drive Chair, Front Wheel Drive Chair, and Rear Wheel Drive Chair), By End-users (Home Care Settings and Hospitals & Clinics), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032
The electric wheelchair market is a growing market that provides mobility solutions for people with disabilities. The market is expected to reach USD 6.5 billion at a CAGR of 6.9% from 2023 to 2032, driven by the increasing aging population, the rising adoption of advanced wheelchairs, and growing product launches.
Electric wheelchairs are mobility devices that are powered by a battery and allow people with disabilities to move around independently. They are a popular choice for people who have difficulty using manual wheelchairs or who need to travel long distances.
Electric wheelchairs come in a variety of styles and features, including different seating options, battery life, and speeds. They can be customized to meet the specific needs of the user. Electric wheelchairs can be expensive, but they can provide a great deal of independence and mobility for people with disabilities. They can also help to improve the quality of life for people who are unable to walk.
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Competitive Analysis
Some of the major players of the electric wheelchair market include.
- GF Health Products
- Sunrise Medical (Germany)
- Quantum Rehab (US)
- Permobil AB (Sweden)
- Pride Mobility Products Corp (US)
- Invacare Corporation, Drive Medical (US)
- Ottobock (Germany)
- Levo AG (Switzerland)
- Karman Healthcare (US)
Market Segmentation
The Global Electric Wheelchair market has been segmented into type and End-user
Based on the type, the market has been segmented into Center Wheel Drive Chairs, Front Wheel Drive Chairs, and Rear Wheel Drive Chairs.
Based on the End-user, the market has been segmented into Home Care Settings and Hospitals & Clinics
Regional Analysis
North America is the largest market for electric wheelchairs, with the United States being the dominant player in the region. The high prevalence of disabilities and a rapidly aging population have been the primary drivers of market growth in North America.
Browse In-depth Market Research Report (98 Pages) on Electric wheelchairs: https://www.marketresearchfuture.com/reports/electric-wheelchair-market-6618
Europe is the second-largest market for electric wheelchairs, with Germany, France, and the UK being the major contributors to market growth. The increasing geriatric population and the rising incidence of disabilities are the primary factors driving the growth of the electric wheelchair market in Europe.
Asia Pacific is expected to be the fastest-growing market for electric wheelchairs, with China and Japan being the major contributors to market growth. The increasing incidence of disabilities, coupled with the growing geriatric population and improving healthcare infrastructure, is expected to drive market growth in the region.
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