ELECTRIC WHEELCHAIR MARKET ANALYSIS

Electric Wheelchair Market, By Modality (Rear Wheel Drive Electric Wheelchair, 4 Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair , Self Balancing Wheelchair, Standing Electric Wheelchair, Remote Control), By Age Group ( > 60 years, 21 to <60 years, <20 years ), By End User (Consumer, Care (Hospitals, Clinics, Care Homes)), By geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Sep 2023
Code : CMI1758
Pages :160
Formats :
Excel and PDF
Industry : Medical Devices

Electric Wheelchair MarketSize and Trends

The global electric wheelchair market is estimated to be valued at US$ 7.83 billion in 2023 and is expected to exhibit a CAGR of 11% during the forecast period (2023-2030).

Figure 1. Global Electric Wheelchair Market Share (%), By Modality, 2023

Figure 2. Global Electric Wheelchair Market Share (%), By Region, 2023

Market Trends

Global Electric Wheelchair Market– Drivers

Increasing organic strategies such as product launches: Increasing organic strategies, such as product launches, are expected to propel the growth of the global electric wheelchair market over the forecast period. For instance, on July 27, 2023, Vital Mobility Medical Supplies, one of the leading mobility equipment suppliers, announced the launch of the Robooter X40 Automatic Folding Wheelchair and the Robooter E40 Light-Weight Folding Wheelchair. The Robooter X40 Automatic Folding Wheelchair combines all-terrain performance with automated folding technology.