Electric Wheelchair Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product (Front Wheel Drive, Center Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair); End-user (Personal, Hospitals/Clinics) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

MARKET INTRODUCTION

An electric wheelchair, also known as an electric-powered wheelchair, motorized wheelchair, and power wheelchair, is a wheelchair propelled by an electrically based power source, majorly batteries and motors. The increasing prevalence of physical disability results in the rising demand for mobility solutions such as wheelchairs, which contribute to the electric wheelchair market growth. Moreover, the rise in cases accidents, which cause temporary or permanent disabilities. Thus, growth in the number of accidents is expected to fuel the electric wheelchair market growth during the forecast period.

MARKET DYNAMICS

The growing requirement for an automated wheelchair for disabled people, increasing geriatric population, and rising cases of cardiovascular diseases are the significant factors fueling the demand for the electric wheelchair market. However, high cost and limited adoption of electrical wheelchair act as a weakness for the electric wheelchair market over the forecast period. Furthermore, technological advancement in a wheelchair and the introduction of artificial intelligence-enabled (AI) wheelchair are also triggering the demand for the electric wheelchair market.

MARKET SCOPE

The "Global Electric Wheelchair Market Analysis to 2031" is a specialized and in-depth study of the electric wheelchair industry with a special focus on the global market trend analysis. The report aims to provide an overview electric wheelchair market with detailed market segmentation as product, end-user, and geography. The global electric wheelchair market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric wheelchair market players and offers key trends and opportunities in the electric wheelchair market.

MARKET SEGMENTATION

The global electric wheelchair market is segmented on the basis product, end-user. On the basis of product the market is segmented as front wheel drive, center wheel drive, rear wheel drive, standing electric wheelchair. On the basis of end-user the market is segmented as personal, hospitals/clinics.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric wheelchair market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric wheelchair market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric wheelchair market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric wheelchair market in these regions.

MARKET PLAYERS

The reports cover key developments in the electric wheelchair market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric wheelchair market are anticipated to lucrative growth opportunities in the future with the rising demand for electric wheelchair in the global market. Below mentioned is the list of few companies engaged in the electric wheelchair market.

The report also includes the profiles of key electric wheelchair companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Hoveround Corporation
  
•   Invacare Corporation
  
•   Karman Healthcare, Inc.
  
•   Levo AG
  
•   MATSUNAGA MANUFACTORY Co., Ltd.
  
•   MEYRA GmbH
  
•   Otto Bock HealthCare GmbH
  
•   Permobil
  
•   Pride Mobility Products Corp.
  
•   Sunrise Medical, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Electric Wheelchair Report Scope

The List of Companies

1. Hoveround Corporation
2. Invacare Corporation
3. Karman Healthcare, Inc.
4. Levo AG
5. MATSUNAGA MANUFACTORY Co., Ltd.
6. MEYRA GmbH
7. Otto Bock HealthCare GmbH
8. Permobil
9. Pride Mobility Products Corp.
10. Sunrise Medical, Inc.