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Global Electric Wheelchair Market to Garner $5.8 Billion by 2027: AMR
Electric Wheelchair Market
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Shankar Bhandalkar, Team Lead-Research, Consumer Goods at Allied Market Research, stated, “Surge in number of obese people and spine deformities, rise in ageing population, and increase in disabilities and accidents drive the growth of the global electric wheelchair market. However, inaccessibility to quality healthcare in emerging economies hinders the market. On the contrary, advent of technologically advanced products and untapped opportunities in the emerging countries would opportunities for the market players in the future.”
The global electric wheelchair market is studied across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific is projected to register the highest CAGR of 11.5% during the forecast period. However, the market across North America is estimated to hold the lion’s share throughout the forecast period, accounting for nearly two-fifths of the market.
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Based on product type, the front wheel drive segment is estimated to manifest the highest CAGR of 11.0% during the forecast period. However, the center wheel drive segment is estimated to maintain its dominance in terms of revenue throughout the forecast period, contributing to nearly two-fifths of the total revenue.
The global electric wheelchair market report includes an in-depth analysis of the major market players such as OttoBock Healthcare GmbH, Pride Mobility Products Corp, Invacare Corporation, Sunrise Medical Limited, Permobil AB, Matsunaga Manufactory Co., Ltd., MEYRA GmbH, Miki Kogyosho Co. Ltd., Karma Medical Products Co., Ltd., and Nissin Medical Industries Co., Ltd.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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