Global 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 2030.
Market Research Future Insights
The global electric wheelchair market is expected to register a CAGR of ~6.80% from 2022 to 2030 and hold a value of over USD 6.43 billion by 2030.
The electric wheelchair market refers to the segment of the mobility aids market that is focused on motorized wheelchairs. These wheelchairs are powered by rechargeable batteries and are designed to help individuals with mobility impairments to move around with greater ease and independence.
With the increased focus on social distancing and the need to limit physical contact, many individuals with mobility impairments have had to rely more heavily on electric wheelchairs to move around. Additionally, the pandemic has led to disruptions in the global supply chain, which has resulted in shortages of key components for electric wheelchairs, such as batteries and motors.
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Market Segmentation
The Global electric wheelchair market has been segmented into based on type and application.
Based on types: center-wheel drive chairs, front-wheel drive chairs, and rear wheel drive chairs.
Based on application: home care settings and hospitals & clinics.
Keyplayers
Some of the top key market players are Sunrise Medical (Germany), Quantum Rehab (US), Permobil AB (Sweden), and Pride Mobility Products Corp., Drive Medical, Inc. (US), Ottobock (Germany) (Germany), Levo AG (Switzerland), Karman Healthcare (US),ceuticals Inc and ZIM Laboratories Limited
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.
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.
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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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