Powered Wheelchair Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Powered wheelchairs are driven with the help of an electric motor other than manual efforts. Powered wheelchairs help in the mobility of patients with joints. Unlike the manual wheelchairs, powered ones enable mobility with ease and come along with different modes of seating such as tilted, reclining or even standing. A powered wheelchair comes along with controls such as, joysticks, touchpads, switches and others, by means of which it becomes easy for a patient to maneuver.

MARKET SCOPE

The "Global Powered Wheelchair Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Powered Wheelchair market with detailed market segmentation by type, usage, end user and geography. The report provides key statistics on the market status of the leading Powered Wheelchair market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global Powered Wheelchair market is segmented into Front Wheel, Mid Wheel, Rear Wheel, and Standing Electric Wheelchair
  
•   Based on Usage, the global Powered Wheelchair market is segmented into Stainless Indoor, Outdoor and Dual Usage.
  
•   Based on End Users, the global Powered Wheelchair market is segmented into Homecare, Hospitals & Clinics, Rehabilitation Centers, and Other End Users.
  

MARKET DYNAMICS
Drivers:

•   Rise in the incidence of orthopedics cases such as spine injuries
  
•   Rise in the rate of accidents
  

Restraints:

•   High Cost
  

REGIONAL FRAMEWORK

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

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 affecting the Powered Wheelchair market in these regions.

IMPACT OF COVID-19 ON POWERED WHEELCHAIR MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. However, the demand for Powered Wheelchair has decreased due to rising in COVID instances.

Powered Wheelchair Market Report Analysis

Powered Wheelchair Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Invacare Corp..
• Ottobock
• Permobil
• Sunrise Medical Inc.
• Pride Mobility Products Corp.
• Hoveround Corporation
• LEVO AG
• Merits Health Products Co. Ltd.
• Meyra Wilhelm Meyer GmbH and Co. KG

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Front Wheel
• Mid Wheel
• Rear Wheel
• Standing Electric Wheelchair

By Usage

• Indoor
• Outdoor and Dual Usage

By End User

• Homecare
• Hospitals & Clinics
• Rehabilitation Centers
• Other End Users

MARKET PLAYERS

The report covers key developments in the Powered 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Powered Wheelchair market are anticipated to lucrative growth opportunities in the future with the rising demand for Powered Wheelchair in the global market.

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

•   Invacare Corp..
  
•   Ottobock
  
•   Permobil
  
•   Sunrise Medical Inc.
  
•   Pride Mobility Products Corp.
  
•   Hoveround Corporation
  
•   LEVO AG
  
•   Merits Health Products Co. Ltd.
  
•   Meyra Wilhelm Meyer GmbH and Co. KG
  
•   Permobil AB
  

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.

Powered Wheelchair Market Report Scope