Global Electric Wheelchair Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global electric wheelchair market over the forecast period. North America is estimated to hold 33.5% of the market share in 2023. The global electric wheelchair market is expected to witness significant growth in the near future, driven by the expansion of medicare coverage for power seat elevation equipment, which is contributing to the growth of the electric wheelchair market in the North America region. For instance, on February 17, 2023, the Centers for Medicare & Medicaid Services (CMS) announced a proposed National Coverage Determination (NCD) decision that would allow people with Medicare to get coverage for the power seat elevation equipment on power electric wheelchairs. thereby driving demand for the electric wheelchair market in the U.S.
Electric Wheelchair Market Report Snapshots
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