Electric Wheelchair Market was valued at USD 6.52 Billion in 2021, and it is expected to reach USD 14.22 Billion by 2029, exhibiting a CAGR of 10.24% during the forecast period (2022-2029)
Electric Wheelchair Market Overview:
An considerable amount of research was done on the future of the Electric Wheelchair industry by Maximize Market Research, a global market research company with a committed team of experts and data. In order to help key industry stakeholders make strategic decisions, the Electric Wheelchair market research report includes information on market trends, segments, and geographies as well as a detailed analysis of the whole industry ecosystem. In addition to market estimations and market share, the research of the Electric Wheelchair market also includes information on market trends and outlooks. We demonstrate our clients how their competitors' strategies have changed while also making their market positioning clear by constructing a competitive landscape. The most comprehensive market segmentation in the sector is seen in the Maximum market research report.
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Market Scope:
In order to give readers a thorough understanding of the market's size, share, growth, trend, demand, top players and industry profile, opportunities, value cycle, end-users, technology, types, and application, the Electric Wheelchair Market 2021 Research Report 2029 includes significant statistics and analytical insights. The qualitative and quantitative information in the Electric Wheelchair market research can help decision-makers identify key market segments, geographical locations, and market-driving factors that are projected to grow at the fastest rates.
Segmentation:
Due to its multipurpose usage & multidimensional approach, centre wheel drive dominated the global electric wheelchair market in 2021 with a revenue share of more than 39.55%. To improve the wheelchair's balance and stability, it helps to rotate each wheel with an equal amount of torque.
Hospitals & clinics accounted for the largest revenue share in the electric wheelchair market in 2021, according to end users. Patients typically go to the hospital after suffering an injury or disability. The patient is originally encouraged to use a wheelchair during this stage. As a result, selling to hospitals is now a possibility for the supply of the electric wheelchair segment.
Key Players:
• Pride Mobility Products Corp (US)
• GF Health Products(US)
• Drive Medical (US)
• Karman Healthcare (US)
• Golden Technologies (US)
• Hoveround Corp (US)
• 21st Century SCIENTIFIC Inc. (US)
• Merits Health Products (US)
• Ottobock (Germany)
• Levo AG (Switzerland)
• Permobil AB (Sweden)
• Matsunaga Manufactory Co., Ltd (Japan)
• Meyra Group (Germany)
• Miki Kogyosho Co., Ltd (Japan)
• Nissin Medical Industries Co., Ltd (Japan)
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Regional Analysis:
Geographically, this report is divided into a number of important nations, with market size, growth rate, import and export data for the Electric Wheelchair market in each nation. These nations include those in North America, including the United States, Canada, and Mexico; Europe, including the UK; Asia Pacific, including China, India, Japan, Australia, South Korea, and ASEAN Countries; South America, including Brazil; and the Middle East and Africa. The examination looks at and forecasts a number of nations, as well as present-day trends and opportunities within the region.
Table Of Content:
1. Global Electric Wheelchair Market Size: Research Methodology
2. Global Electric Wheelchair Market Size: Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Global Electric Wheelchair Market Size
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Electric Wheelchair Market Size: Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12. COVID-19 Impact
4. Global Electric Wheelchair Market Size Segmentation
4.1. Global Electric Wheelchair Market Size, By Product Type (2021-2029)
• Center Wheel Drive
• Front Wheel Drive
• Rear Wheel Drive
• Standing Electric Wheelchairs
4.2. Global Electric Wheelchair Market Size, by End Users (2021-2029)
• Hospitals & Clinic
• Home Care
• Sports Conditioning
5. North America Electric Wheelchair Market (2021-2029)
5.1. North America Electric Wheelchair Market Size, By Product Type (2021-2029)
• Center Wheel Drive
• Front Wheel Drive
• Rear Wheel Drive
• Standing Electric Wheelchairs
5.2. North America Electric Wheelchair Market Size, by End Users (2021-2029)
• Hospitals & Clinic
• Home Care
• Sports Conditioning
5.3. North America Electric Wheelchair Market, by Country (2021-2029)
• United States
• Canada
Key Questions answered in the Electric Wheelchair Market Report are:
Which product segment grabbed the largest share in the Electric Wheelchair market?
How is the competitive scenario of the Electric Wheelchair market?
Which are the key factors aiding the Electric Wheelchair market growth?
Which region holds the maximum share in the Electric Wheelchair market?
What will be the CAGR of the Electric Wheelchair market during the forecast period?
Which application segment emerged as the leading segment in the Electric Wheelchair market?
Which are the prominent players in the Electric Wheelchair market?
What key trends are likely to emerge in the Electric Wheelchair market in the coming years?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Aerospace and Defense and other manufacturing sectors.
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Mar 14, 2023
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