Global Electric Wheelchair Market, By Type (Center Wheel Drive Chair, Front Wheel Drive Chair, Standing Electric Wheelchair, Rear Wheel Drive Chair, Others), End-user (Home Care Settings, Sports and Athletics, Hospitals and Clinics), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Electric Wheelchair Market
The electric wheelchair market is expected to witness market growth at a rate of 13.31% in the forecast period of 2021 to 2028. Data Bridge Market Research report on electric wheelchair market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Electric wheelchair is also referred to as electric-powered wheelchair (EPW) is a wheelchair powered by an electric motor. It is a wheelchair that decreases the manual activity or does not need any human assistance to move a wheelchair. The electric wheelchair comes in different types such as center wheel drive, front-wheel drive, and standing electric wheelchair. The wheelchair type is utilized according to the type of surface and space on which the wheelchair is to be used.
Major factors that are expected to boost the growth of the electric wheelchair market in the forecast period are the increasing of the geriatric population across the globe, the increasing requirement of advanced wheelchair for disabled people and the upsurge in the incidences of the cardiovascular diseases. Furthermore, the increase in the disposable income of people from advanced countries, the growing need for automated wheelchairs from the sport industry and the surge in the cases of accidents are further anticipated to propel the growth of the electric wheelchair market.
On the other hand, the upsurge in the price of electric wheel chair, the unsuitable reimbursement guidelines and the absence of consciousness and infrastructure are further estimated to obstruct the growth of the electric wheelchair market in the near future.
This electric wheelchair market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric wheelchair market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electric Wheelchair Market Scope and Market Size
The electric wheelchair market is segmented on the basis of type and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the electric wheelchair market is segmented into center wheel drive chair, front wheel drive chair, standing electric wheelchair, rear wheel drive chair, others.
- On the basis of end user, the electric wheelchair market is segmented into home care settings, sports and athletics, hospitals and clinics. Home care settings is further sub segmented into manual mobility, powered mobility and corpus seating. Sports and athletics is further sub segmented into motocross racing, basketball, rugby, wheelchair curling, lawn tennis and others. Hospitals and clinics is further sub segmented into patient transfer, pelvic positioning, upper body positioning and lower body positioning.
Electric Wheelchair Market Country Level Analysis
The electric wheelchair market is analysed and market size, volume information is provided by country, type and end user as referenced above.
The countries covered in the electric wheelchair market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the electric wheelchair market due to the several medical facilities provided by the government to the geriatric population and the technological advancement. Furthermore, the expansion of the products which are prepared with gadgets for control and accessibility and the increase in the purchasing power will further boost the growth in the electric wheelchair market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the electric wheelchair market due to the growing of the per capita health expenditure. Moreover, the growth of the healthcare sector and the growing of the investments by manufacturers to expand their product collection is further anticipated to further propel the growth of the electric wheelchair market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Electric Wheelchair Market Share Analysis
The electric wheelchair market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric wheelchair market.
The major players covered in the electric wheelchair market report are GF Health Products, Inc., Sunrise Medical, Quantum Rehab, Permobil, Pride Mobility Products Corp., Invacare Corporation., OTTOBOCK, LEVO AG, Karman Healthcare, Inc., Matsunaga, KARMA MEDICAL PRODUCTS CO., LTD., Miki Kogyosho Co. Ltd., NISSIN MEDICAL INDUSTRIES CO., LTD., MEYRA GmbH, Medical Depot, Inc., Hoveround Corporation, WHILL Inc., Golden Technologies, 21st Century Scientific Inc., Merits Health Products, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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