As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Electric Wheelchair Market: By Product Type: Centre Wheel Drive, Front Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Electric Wheelchair Market Outlook

The global electric wheelchair market attained a value of USD 3.11 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 9.7% to reach USD 5.38 billion by 2026.

 

The Asia Pacific to Dominate the Global Electric Wheelchair Industry

Due to strong purchasing power and the increasing elderly population, North America has historically been the leading market for electric wheelchairs. The increased awareness and the expanding trend of utilising technologically superior electric wheelchairs are also contributing to the market growth in the region. Meanwhile, the Asia Pacific region is expected to witness a significant growth in the forecast period, as it is home to two of the world's most populous countries, China and India, both of which have a large number of aging populations. Because of these reasons, the market in the Asia Pacific is expected to expand throughout the forecast period.

 

Increasing Demand for Centre Wheel Drive to Augment the Growth of Global Electric Wheelchair Industry

The centre wheel drive segment accounted for a significant market share owing to small turning radius, light front tires, easy manoeuvring through narrow spaces, and better stability of centre wheel drive. The fact that centre wheelchairs offer greater advantages than manual wheelchairs, such as enhanced travel distance, minimalised effort for mobilisation, and enabling the user to carry out daily activities independently. Because old and disabled individuals find it difficult to use a manual wheelchair efficiently, these types of wheelchairs are expected to drive the market in the forecast period.

 

Global Electric Wheelchair Industry: Definition and Segmentation

An electric wheelchair, also known as a power wheelchair, a motorised wheelchair, or an electric-powered wheelchair, is a wheelchair that is driven by an electrically powered source, most often motors and batteries. Rechargeable batteries power the wheelchair's motor, which allows the wheels, joystick, or ball to move around.

By product type the industry is segmented into:

  • Centre Wheel Drive
  • Front Wheel Drive
  • Rear Wheel Drive
  • Standing Electric Wheelchair
  • Others

The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increasing Ageing Population to Bolster the Growth of the Global Electric Wheelchair Industry

The increase in ageing population is one of the key drivers of the electric wheelchair industry growth. Accidents and fall-related injuries are very prevalent among the elderly population. As a result, the demand for electrical wheelchairs in hospitals and nursing homes is projected to rise. Furthermore, artificial intelligence-enabled wheelchairs are being launched in the market, allowing handicapped individuals to operate their wheelchairs using facial expressions such as raising their eyebrows and sticking out their tongues. As a result of technological advancements in the industry, to increase the comfort and safety of patients, the market is projected to grow. These factors are expected to further aid the market growth in the coming years.

 

Key Industry Players in the Global Electric Wheelchair Market

The report presents a detailed analysis of the following key players in the global electric wheelchair market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Invacare Corporation
  • Karma Medical Products Co., Ltd.
  • Matsunaga Manufactory Co., Ltd.
  • Meyra Group
  • Guangzhou HEDY Rehabilitation Technology Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Electric Wheelchair Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Electric Wheelchair Historical Market (2016-2020) 
    8.3    Global Electric Wheelchair Market Forecast (2021-2026)
    8.4    Global Electric Wheelchair Market by Product Type
        8.4.1    Centre Wheel Drive
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Front Wheel Drive
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Rear Wheel Drive
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Standing Electric Wheelchair
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Others
    8.5    Global Electric Wheelchair Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    Germany
            9.2.3.2    United Kingdom
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    India 
            9.3.3.3    Japan
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Invacare Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Karma Medical Products Co., Ltd.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Matsunaga Manufactory Co., Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Meyra Group
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Guangzhou HEDY Rehabilitation Technology Co., Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Electric Wheelchair Market: Key Industry Highlights, 2016 and 2026
2.    Global Electric Wheelchair Historical Market: Breakup by Product Type (USD Billion), 2016-2020
3.    Global Electric Wheelchair Market Forecast: Breakup by Product Type (USD Billion), 2021-2026
4.    Global Electric Wheelchair Historical Market: Breakup by Region (USD Billion), 2016-2020
5.    Global Electric Wheelchair Market Forecast: Breakup by Region (USD Billion), 2021-2026
6.    North America Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
7.    North America Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
8.    Europe Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    Europe Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Asia Pacific Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Asia Pacific Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Latin America Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Latin America Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Middle East and Africa Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Middle East and Africa Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Global Electric Wheelchair Market Structure

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER