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Electric Wheelchair Market

The Global Electric Wheelchair Market was valued at US$ xx million in the year 2018. This market is estimated to be valued at US$ xx million in the year 2019, and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of 9.9% during the forecast period (2020-2025). Increased adoption of wheelchairs due to factors such as ease of mobility, convenience, a growing worldwide elderly population and increasing demand from the sport industry for advanced wheelchairs, as many sporting events are organized for handicapped people such as wheelchair basketball, wheelchair rugby and others are expected to drive the market growth during the forecast period.
Key Insights:
Latest Updates
Analyst View
Future Outlook of the Market
Competitive Landscape:
Key players in global electric wheelchair market include Invacare Corporation, Sunrise Medical Limited, GF Health Products, Inc., Pride Mobility Products Corp, Permobil AB, MEYRA GmbH, LEVO AG, Antano Group, Hoveround Corporation, KrosMedical Europe and among others.
Market Dynamics:
The growing need for wheelchairs due to cardiovascular disease such as amputation, paralysis and  cerebral palsy are expected to drive the electric wheelchair market. For instance, according to University of Miami health system, approximately 249,000 to 363,000 people in the U.S. are living with spinal cord injury (SPI). Evolving metropolitan environments and the increasing need for disabled people to get an automatic wheelchair are expected to support the demand for electric wheelchair market. Additionally, factors expected to accelerate the growth of the electric wheelchair market are upgradation of wheelchair with advanced technologies such as Wi-Fi and Bluetooth. Suspension improvements which used to absorb shocks while riding vehicles could also boost electric wheelchair market sales. In February 2017, Permobil introduced the first wheelchair equipped with complete suspension technology in North America. However, high maintenance costs may hinder the market growth.
Market Taxonomy:
By Product Type
Front Wheel Drive
Rear Wheel Drive
Center Wheel Drive
Standing Electric Wheelchair
By Age Group
Pediatric
Adult
Geriatric
By End User
Homecare Settings
Hospital
Ambulatory Surgical Centers
Long Term Care Centers
Others
Key Region Covered in Electric Wheelchair Market are
North America (USA, Canada, and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
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Electric Wheelchair Market
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Electric Wheelchair Market

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