Press release
Electric Wheelchair Market Report : By Size, Trends And Forecast 2023-2032 | Invacare Corporation, Pride Mobility Products Corp., Permobil AB, Sunrise Medical Limited, MEYRA Gmb
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the electric wheelchair market report by The Business Research Company, An increase in the incidence of spinal deformities is contributing to the growth of the electric wheelchair market. Spinal deformity refers to an abnormal alignment or curve of the bony vertebral column. Scoliosis in severe forms will be disabling. For some people diagnosed with Scoliosis, a wheelchair is required for mobility and comfort.
The global electric wheelchair market size grew from $4.2 billion in 2022 to $4.78 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric wheelchair market size is expected to grow to $7.93 billion in 2027 at a CAGR of 13.5%.
Read More On The Electric Wheelchair Market Report Here:
https://www.thebusinessresearchcompany.com/report/electric-wheelchair-global-market-report
Major competitors in the Electric Wheelchair market include OttoBock Healthcare GmbH, Invacare Corporation, Pride Mobility Products Corp., Permobil AB, Sunrise Medical Limited, MEYRA GmbH, Matsunaga Manufactory Co., Ltd., Karma Medical Products Co., Ltd., Karman Healthcare, Drive Medical Ltd., LEVO Ag, GF Health Products, Golden Technologies, Quantum Rehab, Hoveround Corporation, 21st Century Scientific Inc., Merits Health Products, Nanjing Jin Bai He Medical Apparatus Co., Ltd., Scewo, ComfyGO Inc., EZ Lite Cruiser, Roma Medical, and Guangzhou HEDY Rehabilitation Technology Co Ltd
The Electric Wheelchair market is segmented -
By Modality: Rear Wheel Drive Electric Wheelchair, Four Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, Self Balancing Wheelchair, Standing Electric Wheelchair, Remote Control
By Category: Adults, Pediatric
By Age Group: Greater Than 60 years, 21 to Less Than 60 years, Less Than 20 years
By Application: Homecare, Hospitals, Ambulatory Surgical Centres, Rehabilitation Centres, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Electric Wheelchair market.
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An electric wheelchair refers to a seating surface with wheels affixed to them that is propelled by an electrically based power source, mainly motors and batteries. They are suitable for all age groups and are available in various sizes and heights. It is mainly used to move from one place to another by individuals having medical conditions or those who face difficulty in walking.
The Table Of Content For The Electric Wheelchair Market Include:
1. Executive Summary
2. Electric Wheelchair Market Characteristics
3. Electric Wheelchair Market Trends And Strategies
4. Electric Wheelchair - Macro Economic Scenario
5. Electric Wheelchair Market Size And Growth
……
26. Africa Electric Wheelchair Market
27. Electric Wheelchair Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Wheelchair Market
29. Electric Wheelchair Market Future Outlook and Potential Analysis
30. Appendix
The "Global Electric Wheelchair Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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