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Electric Wheelchair Market Size, Share, Growth, Opportunities, Trends, Analysis and Forecast 2030

10-18-2022 12:44 PM CET | Health & Medicine

Press release from: MarketResearchFuture

Electric Wheelchair Market Size, Share, Growth,

During the projected period of 2030, the global market for electric wheelchairs is anticipated to reach USD 6.47 Billion at a CAGR of 6.8%.

A motorized wheelchair with wheels and batteries that supply the necessary power to propel the wheelchair in the desired direction with a minimum of physical effort is known as an electric wheelchair. These chairs do not require assistance for mobility.

The demand for electrical wheelchairs has led to technological advancements. Fat people require equipment that is stronger and more resilient to support their weight. The aging population and rising chronic disease rates are to blame for the growth in impairments. For the well-being of patients and healthcare professionals, hospitals and other healthcare institutions use electrical wheelchairs. Additionally, electrical wheelchairs are utilized in home healthcare settings to transfer patients from one location to another safely and comfortably.

A global economic slowdown brought on by the COVID-19 outbreak has had a substantial impact on the electric wheelchair sector. Electric wheelchair manufacture, distribution, and after-sale services have all been negatively impacted by the COVID-19 regulations and associated regulations. However, it is predicted that the market for electric wheelchairs will expand throughout the projection period due to the relaxation of regulations in the second half of 2020. This is due to the strong economic recovery.

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Key Players

GF Health Products

Sunrise Medical (Germany)

Quantum Rehab (US)

Permobil AB (Sweden)

Pride Mobility Products Corp (US)

Invacare Corporation

Drive Medical (US)

Ottobock (Germany)

Levo AG (Switzerland)

Karman Healthcare

Segmental Analysis

By Type

The Electric Wheelchair Market produces three different types of products: Center Wheel Drive Chairs, Front-Wheel Drive Chairs, and Back Wheel Drive Chairs.

By End User

Home-care settings are expected to dominate the market in terms of end-user during the projected period due to the increasing demand for freedom and convenience. With its ease of use and ability to be maneuvered inside and outside, the rear-wheel-driven wheelchair is expected to hold the most market share.

By Region

The Middle East and Africa, Asia-Pacific, Europe, South America, North America, and Latin America make up the regional segments of the electric wheelchair market.

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Regional Analysis

During the predicted period, North America is anticipated to fare well. High investment capacity, improved technology support, and weak government rules are to blame for this. Better growth could be seen in the Asia-Pacific region during the projection period. Similar factors exist in Europe and North America. As a result, it is anticipated to increase at a healthy rate during the projection period.

Industry News

The launch of the e-fix eco, Invacare Corporation's newest line of power support devices, was announced in February 2022. Joysticks, batteries, and motors are used in the e-fix eco e-fix eco power assist to convert a manual wheelchair into a transportable power chair.

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Market Research Future (part of Wantstats Research and Media Private Limited),

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New York, New York 10013

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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