Electric Wheelchair Market: Information By Type (Center Wheel Drive Chair, Front Wheel Drive Chair, Rear Wheel Drive Chair), End-user (Home Care Settings, Hospitals & Clinics) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2027
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Increasing Geriatric Population and Rising Accidents and Technological Advancements in the Electric Wheelchair Market is anticipated to fuel the Growth of the Global Electric Wheelchair Market at a CAGR of 7.23% during the Forecast Period
Market Highlights
Global Electric Wheelchair Market is expected to have a market value of USD 3061.64 Million by 2027.
Electric wheelchair, also known as the power wheelchair, motorized wheelchair, or electric-powered wheelchair, is propelled by an electrically based power source, majorly motors and batteries. Electric wheelchair consists of one or more rechargeable batteries. These batteries power motor, which facilitates the movement of wheels, joystick, or ball used to operate the wheelchair.
Regional Analysis
Global Electric Wheelchair Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas led the market and accounted for the largest share in 2019. The technological advancement in the electric wheelchair with attachment of gadgets for control and accessibility majorly drive the market growth. Also, the rise in purchasing power, increasing geriatric population, and inclination towards more refined technology have been driving the progress of the electric wheelchair market in the region.
Key Players
MRFR recognizes the following companies as the Key Players in the Global Electric Wheelchair Market— GF Health Products, Inc. (US), Sunrise Medical (Germany), Quantum Rehab (US), Permobil AB (Sweden), Pride Mobility Products Corp (US), Invacare Corporation, Drive Medical (US), Ottobock (Germany), Levo AG (Switzerland), and Karman Healthcare, Inc. (US).
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