Market Highlights:

Global Electric Wheelchair Market: Information By Type (Center Wheel Drive Chair, Front Wheel Drive Chair, Rear Wheel Drive Chair), By End-user (Home Care Settings, Hospitals & Clinics) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) – Forecast till 2027

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.

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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Segment Analysis

Global Electric Wheelchair Market has been segmented on the basis of Type, into center wheel drive chair, front-wheel drive chair, and rear-wheel drive chair. Based on end-user the market is categorized into home care settings, hospitals and clinics, and others

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.

The European electric wheelchair market has been further segmented into Western Europe and Eastern Europe. The Western Europe electric wheelchair market has further been classified into Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. Europe held the second-largest position in the electric wheelchair market with a market share of 29.3% in 2019 and anticipated to witness significant growth over the forecast period due to a higher number of patients and the availability of products in the region. Europe is also expected to have high growth in the electric wheelchair market, owing to the rising number of physically challenged people in the region.

Asia Pacific is anticipated to register the highest growth rate with a CAGR value of 8.5% over the forecast period from 2020 to 2027. According to the United Nations, across Asia, the number of people age 65 and above is expected to grow dramatically over the next 50 years. Moreover, the increasing disposable income of middle-class families, which accounts for a large population in Asia, encouraging them to spend more on health, is driving the growth of the electric wheelchairs market in the region.

The Middle East & Africa electric wheelchair market is segmented into the Middle East and Africa. The growth of the electric wheelchair market in the Middle East and Africa is growing steadily in the past few years. Increasing the prevalence of orthopedics disorders and funding by private players and government bodies is propelling the market growth in this region.

Table Of Content:

1 EXECUTIVE SUMMARY

1.1 OVERVIEW 13

1.2 MARKET ATTRACTIVENESS ANALYSIS 14

1.2.1 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY TYPE 14

1.2.2 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY END USER 15

1.2.3 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY REGION 16

2 MARKET INTRODUCTION

2.1 SCOPE OF THE STUDY 17

2.2 RESEARCH OBJECTIVE 17

2.3 MARKET STRUCTURE 17

2.4 ASSUMPTIONS & LIMITATIONS 18

3 RESEARCH METHODOLOGY

3.1 DATA MINING 19

3.2 SECONDARY RESEARCH 20

3.3 PRIMARY RESEARCH 21

3.4 BREAKDOWN OF PRIMARY RESPONDENTS 22

3.5 FORECASTING TECHNIQUES 23

3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 24

3.6.1 BOTTOM-UP APPROACH 25

3.6.2 TOP-DOWN APPROACH 25

3.7 DATA TRIANGULATION 26

3.8 VALIDATION 26

4 MARKET DYNAMICS

4.1 INTRODUCTION 27

4.2 DRIVERS 28

4.2.1 INCREASING GERIATRIC POPULATION 28

4.2.2 INCREASE IN CASES OF ACCIDENTS AND NEUROLOGICAL CONDITIONS 28

4.2.3 TECHNOLOGICAL AND SCIENTIFIC ADVANCES 28

4.2.4 DRIVERS IMPACT ANALYSIS 29

4.3 RESTRAINT 29

4.3.1 HIGH COST 29

4.3.2 UNFAVOURABLE REIMBURSEMENT POLICIES 29

4.3.3 RESTRAINT IMPACT ANALYSIS 30

4.4 OPPORTUNITIES 30

4.4.1 PRODUCT LAUNCHES 30

4.4.2 MERGERS & ACQUISITIONS 30

4.4.3 BUSINESS EXPANSIONS 30

5 MARKET FACTOR ANALYSIS

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