Electric wheelchairs are also known as electric power wheelchairs or power chairs, they are powered with the help of the battery and thus no human help is required for the mobility. Global Electric Wheelchair market was valued, in 2017 USD ELECTRIC WHEELCHAIRS million and in 2024 is expected to reach at USD ELECTRIC WHEELCHAIRS million with growing CAGR of ELECTRIC WHEELCHAIRS%.
The Electric Wheelchair market is growing rapidly growing due to rise in geriatric population and increase in the cases of the cardiovascular diseases and rise in the accidental conditions, increasing urban setting, the rise in the disposable income of people, and the rising requirement for an automated wheelchair for the disabled people. The growth of the market is further enhanced by the increasing demand for progressive electric wheelchairs from the sports sector for sports events organized for the disabled people. There are certain restraining factors to the market growth which include poor infrastructure and high cost of the electric wheel chair and lack of knowledge among the individuals. However, these issues are expected to decrease in the coming years which will boost the demand for the electric wheelchair in the long run.
Electric Wheelchair market consist of various players and it is understood that it is very competitive and fragmented. The players of the Electric Wheelchair market are Levo AG, Pride Mobility Products Co., Permobil AB, Sunrise Medical Ltd., Hoveround Corporation, Invacare Co., Meyra GmbH., Medical Depot Inc., OttoBock Healthcare GmbH., and GF Health Products Inc. among others.
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The Electric Wheelchair market is bifurcated on the basis of product type and region. On the basis of product type, the electric wheelchair market is classified into front wheel drive power chair, rear wheel drive power chair, center wheel drives power chair, standing power chair and others.
Additional, Based on region the market is classified into North America, Europe, APAC, Latin America and Middle East & Africa. It is expected that North America will dominate the global electric wheelchair market due to various medical facilities provided by the government to the aging population, the technological advancement that is observed in the electric wheelchair industry and the augmentation of the products which are prepared with gadgets for control and accessibility.
Market segmented based on medium of product type:
• Front wheel drive power chair
• Center wheel drives power chair
• Rear wheel drive power chair
• Standing power chair
Market segmented based on region:
• North America
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Rest of Latin America
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
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