The global electric wheelchair market is anticipated to grow at a CAGR of around 9.2% during the forecast period 2023-2029. One of the main factors people choose power wheelchairs over manual wheelchairs is the increased comfort and mobility solutions provided by them. The major factor that is augmenting the market is the large patient base requiring wheelchair due to several diseases such as spinal cord injury, polio, hepatitis C and so on. Besides, the increasing number of accidents causing permanent disability of legs, rising geriatric population is accompanied by decrease the functionality of organ systems resulting in dependency for day-to-day activities, are also the factors that are propelling the growth of the market. For instance, joint pain causes by arthritis limits leg and lower body mobility, resulting in locomotion restrictions. According to the World Health Organization (WHO), it is estimated that the population above 60 years will almost double from 12% to 22% by 2050, across the globe.
Get Free Sample link @ https://www.omrglobal.com/request-sample/electric-wheelchair-market
The global electric wheelchair market is hit by the outbreak of COVID-19 since December 2019. The COVID-19 pandemic had a significant impact on the transportation and mobility industries. It had significantly affected the wheelchair supply chain. Due to strict lockdowns, wheelchair operations have been suspended in many countries. Leading to an increase in the number of elderly people being admitted to hospitals as a result of the COVID-19 infection, hospitals have seen consistent demand. The outbreak of COVID-19 has disrupted the supply chain of raw materials and product demand and shut down manufacturing units across the globe. The market will witness “V” shape recovery in near future owing to the restart of key industries in major economies.
full report of Electric Wheelchair Market available @ https://www.omrglobal.com/industry-reports/electric-wheelchair-market
- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Electric Wheelchair Market Report Segment
By Age Group
- Adult Power Wheelchair
- Pediatric Power Wheelchair
By Drive System
- Front-Wheel Drive
- Rear Wheel Drive
- Others (Center Wheel Drive)
By End-User
- Homecare
- Hospitals & Clinics
- Others (Airports and Railway Stations)
Global Electric Wheelchair Market Report Segment by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global electric wheelchair market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/electric-wheelchair-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
