Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
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 (2017-2027); 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 2022-2027 at a CAGR of 9.7% to reach USD 5.38 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Region |
| Breakup by Product Type | Centre Wheel Drive, Front Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Invacare Corporation, Karma Medical Products Co., Ltd., Matsunaga Manufactory Co., Ltd., Meyra Group, Guangzhou HEDY Rehabilitation Technology Co., Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive 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 (2017-2021)
8.3 Global Electric Wheelchair Market Forecast (2022-2027)
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 (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Front Wheel Drive
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Rear Wheel Drive
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Standing Electric Wheelchair
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
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 (2017-2021)
9.1.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.2.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.3.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.4.2 Forecast Trend (2022-2027)
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 (2017-2021)
9.5.2 Forecast Trend (2022-2027)
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 Key Indicators for Demand
10.4 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 Key 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), 2017-2021
3. Global Electric Wheelchair Market Forecast: Breakup by Product Type (USD Billion), 2022-2027
4. Global Electric Wheelchair Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global Electric Wheelchair Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa Electric Wheelchair Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa Electric Wheelchair Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Global Electric Wheelchair Market Structure
Key Questions Answered in the Report
In 2020, the global electric wheelchair market attained a value of nearly USD 3.11 billion.
The market is projected to grow at a CAGR of 9.7% between 2022 and 2027.
The key market drivers guiding the growth of the industry are technological advancements, necessity for automated and independent wheelchair, increase in government expenditure on healthcare, and high disposable income in developed countries.
The key industry trends for global electric wheelchair industry include the increase in ageing population and accidents and fall-related injuries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The product types of electric wheelchair market include centre wheel drive, front wheel drive, rear wheel drive, and standing electric wheelchair, among others.
The major players in the industry are Invacare Corporation, Karma Medical Products Co., Ltd., Matsunaga Manufactory Co., Ltd., Meyra Group, and Guangzhou HEDY Rehabilitation Technology Co., Ltd., among others.
Analyst Review
The global electric wheelchair market attained a value of USD 3.11 billion in 2020, driven by the growing ageing population. Aided by increasing cases of spinal injuries, sports injury, and road accidents and technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 9.7%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the industry can be segmented into centre wheel drive, front wheel drive, rear wheel drive, and standing electric wheelchair, among others. The major regional markets for electric wheelchair are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Invacare Corporation, Karma Medical Products Co., Ltd., Matsunaga Manufactory Co., Ltd., Meyra Group, and Guangzhou HEDY Rehabilitation Technology Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% 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
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
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