Global Electric Wheelchair Market By Overview
Electric wheelchair is also known as motorized wheelchair, because of it is operated by an electric motor rather than manual power. It is useful for the one who cannot apply manual power for moving. There is a difference between power chair and electric wheelchair, the most notable difference is the controls; power chairs are steered with a joystick whereas electric wheelchair is not. It is used by the one has mobility problems or else suffering from cardiovascular problems. It has multiple benefits such as collision free travel, aiding the performance of specific tasks, autonomous transportations etc. Some electric wheelchair works in range of 8 – 10 miles on a full charge, whereas more advanced and expensive chair ranges up to 20 miles on a single charge. It is designed with clever technology, which automatically brakes when the wheelchair user is going downhill. The light detects the motion of hand and according to that its slowdown or stop chair. The electric wheelchair market accounted for US$ 2.56 billion in 2020 and is estimated to be US$ 5.22 billion by 2030 and is anticipated to register a CAGR of 7.5%.
Global Electric Wheelchair Market By Dynamics
Rising geriatric population
Increase in disabilities is due to rise in elderly population and surge in chronic diseases are the major factors driving the growth of the target market. Another factor which boosts the demand of electric wheelchair market is the technological development in autonomous department. Additionally, in order to transfer patient safely from one point to another also generates a demand of such motorized chair. The patient can easily control and adjust the chair according to its need on their own. Furthermore, need for advance technologies in this equipment is to improve comfort and safety is expected to provide lucrative opportunities to the players and will lead to expansion in future.
However, lack of knowledge and using traditional methods are the major root causes hampering the growth of the target market. In addition, high cost of such chairs is another restraining factor of the market.
Global Electric Wheelchair Market By Segmentation
Electric wheelchair market is segmented based on type, application, and region.
On the basis of type, the electric wheelchair market is segmented into center wheel drive electric wheelchair, front wheel drive, and standing electric wheelchair. On the basis of application, the target market is segmented into home and hospital.
Regional Insights:
The electric wheelchair market accounted for US$ 2.56 billion in 2020 and is estimated to be US$ 5.22 billion by 2030 and is anticipated to register a CAGR of 7.5%. On region the electric wheelchair market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is dominating in the electric wheelchair market due to high number of elder people, rising mobility problems etc. North America is expected to register large share in electric wheelchair market owing to high number of investments in the technologies and presence of prominent players.
Report Scope:
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Attribute |
Details |
|
Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type- Center Wheel Drive, Front Wheel Drive and Standing Electric Wheelchair By Application– Hospital and Home |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the electric wheelchair market report based on type, application, and region.
Electric Wheelchair Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Electric Wheelchair Market By Key Players
The key players operating in the electric wheelchair market includes Golden Technologies, Drive Medical, Invacare Corp, Hoveround Corp, Heartway, 21st Century SCIENTIFIC Inc, Pride Mobility Products Corp, EZ Lite Cruiser, Merits Health Products, Inc, and Dane LLC.
Invacare Corporation:
They have released next generation of power assists device, using a joystick, battery, and in wheel motors. It converts manual wheelchair into a portable power chair using e -fix eco power.
Global Electric Wheelchair Market By Company Profile
- Golden Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Drive Medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Invacare Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hoveround Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Heartway
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 21st Century SCIENTIFIC Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pride Mobility Products Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- EZ Lite Cruiser
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merits Health Products, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dane LLC.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Electric Wheelchair Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Electric Wheelchair Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Center Wheel Drive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Front Wheel Drive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Standing Electric Wheelchair
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hospital
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Home
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Golden Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Drive Medical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Invacare Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hoveround Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Heartway
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- 21st Century SCIENTIFIC Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pride Mobility Products Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- EZ Lite Cruiser
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merits Health Products, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dane LLC.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Electric wheelchair market is segmented based on type, application, and region.
Rising geriatric population and disabilities is the major factor driving growth of the global market.
Asia Pacific dominates the electric wheelchair market.
The key players operating in the electric wheelchair market includes Golden Technologies, Drive Medical, Invacare Corp, Hove round Corp, Heart way, 21st Century SCIENTIFIC Inc, Pride Mobility Products Corp, EZ Lite Cruiser, Merits Health Products, Inc, and Dane LLC.