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Electric Wheelchair Market Trends

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Report ID: 3274
Published Date: Aug 30, 2024
Report Format: PDF, PPT

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Electric Wheelchair Market Trends

Growth Drivers

Increase In Geriatric Population
Increase in Cases of Accidents Which Lead to Temporary or Permanent Disabilities
Increase In Trend of Automation in Equipment for Differently-Abled Population

Challenges

Lack Of Outdoor Infrastructure Such as Wheel Chair Ramps

Electric Wheelchair Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	9.2%
Base Year Market Size (2023)	USD 7.18 billion
Forecast Year Market Size (2036)	USD 22.54 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Electric Wheelchair Market Size & Share, Growth Report 2036

Author Credits: Radhika Pawar

Report ID: 3274
Published Date: Aug 30, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of electric wheelchair is estimated at USD 7.71 billion.

Electric Wheelchair Market size was over USD 7.18 billion in 2023 and is anticipated to reach USD 22.54 billion by 2036, growing at around 9.2% CAGR during the forecast period i.e., between 2024-2036. Increase in cases of accidents which lead to temporary or permanent disabilities and increase in geriatric population will fuel the market growth.

North America is estimated to account for largest revenue share by 2036, on the back of better availability of technological support, variety in the product, and high investment capacity.

The major players in the market include GF Health Products, Inc., Sunrise Medical Inc., Quantum Rehab, Permobil AB, and Pride Mobility Products Corp among others.

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