The global Powered Wheelchairs market was valued at US$ 1483 million in 2019 and is expected to reach US$ 1867.9 million by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
Powered Wheelchair is a motorized wheelchair, powerchair, Powered Wheelchair or electric-powered wheelchair (EPW) is a wheelchair that is propelled by means of an electric motor rather than manual power. Motorized wheelchairs are useful for those unable to propel a manual wheelchair or who may need to use a wheelchair for distances or over terrain which would be fatiguing in a manual wheelchair. They may also be used not just by people with ‘traditional’ mobility impairments, but also by people with cardiovascular and fatigue-based conditions. Foldable Powered Wheelchair is used in the smaller space with good flexibility, but the front wheels on uneven terrain conditions or the rear wheel is easily caused stagnation of wheelchair card.
Powered Wheelchair are widely sales in Hospital, Home and other places. The most proportion of Powered Wheelchair is used in home and the proportion in 2019 is 86%.
North America is the largest market, with a market share nearly 25% in 2019. Following North America, Europe is the second largest market with a share of 22%.
Global Powered Wheelchairs Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Powered Wheelchairs Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, Hoveround Corp, Merits Health Products, Drive Medical, Hubang, N.V. Vermeiren, Nissin Medical, EZ Lite Cruiser, Heartway, Golden Technologies, Karman and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Foldable Powered Wheelchair
- Unfoldable Powered Wheelchair
Segment by Application
Table of Content:
1 Powered Wheelchairs Market Overview
2 Powered Wheelchairs Market Competition by Manufacturers
3 Powered Wheelchairs Retrospective Market Scenario by Region
4 Global Powered Wheelchairs Historic Market Analysis by Type
5 Global Powered Wheelchairs Historic Market Analysis by Application
6 Key Companies Profiled
7 Powered Wheelchairs Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Powered Wheelchairs Market Dynamics
10 Global Powered Wheelchairs Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.