The global electric wheelchair market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of disabilities, rising geriatric population, and technological advancements in electric wheelchairs. Based on type, the global electric wheelchair market is segmented into dry-battery electric wheelchairs and wet-battery electric wheelchairs. The dry-battery electric wheelchair segment is expected to grow at a higher CAGR than the wet-battery electric wheelchair segment during the forecast period from 2018 to 2030. This can be attributed to factors such as lower cost and easy availability of dry batteries as compared with wet batteries. Based on application, the global Electric Wheelchair Market is divided into two segments: hospital and homecare settings. The hospital setting segment is expected to grow at a higher CAGR than homecare settings during the forecast period from 2018to 2030 owingto increase in number of surgeries being performed in hospitals across different geographiesand rising demand for technologically advanced productsin this setting .
An electric wheelchair, often referred to as a powerchair, is a type of chair that is propelled by electric motors. Electric wheelchairs come in a variety of forms, including standard wheelchairs, scooters and joggers.
Electric wheelchairs are important for people with mobility issues who cannot propel a manual wheelchair on their own. They provide users with the ability to travel independently and to participate in activities they may not have been able to do before.
Dry-Battery Electric Wheelchairs:
Dry-Battery electric wheelchairs are the most common type of battery powered wheelchair. It is also known as scooter or skateboard. The wheels are made of plastic and rubber and they can go up to 15 km/h (9 mph). These wheelchairs have a rechargeable battery that provides enough power for an average distance of 10 to 12 miles (16 - 19 km).
Wet-Battery Electric Wheelchairs:
Wet-battery electric wheelchairs are powered by a hybrid system that includes rechargeable batteries and sources of energy other than the wheelchair itself. The most common forms of these sources are solar power and hand-cranks. These wheelchairs have been around for many years, but only recently has their usage increased due to improved designs that make them more efficient at providing mobility assistance.
The home application segment dominated the global electric wheelchair market in 2017. The growing need for mobility assistance at home has led to an increase in the adoption of electric wheelchairs at homes. Furthermore, rising awareness about the availability of advanced products with features such as smartphone connectivity and Bluetooth is expected to drive demand over the forecast period.
The hospital application segment accounted for a significant share in 2017 owing to increasing government initiatives and support for medical tourism along with developing healthcare infrastructure in emerging countries including China, India, Thailand and Brazil among others. For instance, Ministry of Health Malaysia launched ¢â‚¬Å“Malaysia Medical Tourism¢â‚¬ initiative which promotes Malaysia as a preferred destination for medical treatment by providing various benefits including income tax rebates up to 20% on foreign patients who incurred expenses above USD 8500 annually during their stay between 2015 - 2019.
North America dominated the global market in 2017 owing to favorable government initiatives and increasing demand for mobility scooters. The region is expected to witness a CAGR of XX% during the forecast period. Europe accounted for more than 25% of the overall revenue share in 2017, which can be attributed to high acceptance of advanced wheelchairs and growing geriatric population. Moreover, presence of major companies such as Intuitive Corporation; Medline Industries; Pride Mobility Products Inc.; E-Wheels KGaA mbH; wheelchair Aids KG; Storz & Bickel GmbH & Co.; Swisstrikes S.p.A.
Asia Pacific is anticipated to register significant growth rate due its developing economies such as China, India, Japan, Singapore etc.
- Increasing geriatric population: The global elderly population is expected to grow at a CAGR of 3.8% from 2016 to 2020, reaching 968 million by 2020. This will create a large pool of potential electric wheelchair users, thereby driving the market growth.
- Rising awareness about electric wheelchairs: There is an increasing awareness among people about the benefits of using electric wheelchairs, which is propelling the market growth.
- Technological advancements in electric wheelchairs: The technological advancements in electric wheelchairs are resulting in their becoming more user-friendly and affordable, thereby boosting their demand across the world.
- Government initiatives for disability inclusion: Governments around the world are taking initiatives for disability inclusion through schemes such as providing subsidies and tax benefits for purchasing electric wheelchairs, which is aiding market growth significantly.
Scope Of The Report
Electric Wheelchair Market Research Report
Dry-Battery Electric Wheelchairs, Wet-Battery Electric Wheelchairs
Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, Hoveround Corp, Merits Health Products, Drive Medical
North America, Europe, APAC, Latin America, MEA
2019 to 2020 (Data from 2010 can be provided as per availability)
Number of Pages
Number of Tables & Figures
Yes, the report can be customized as per your need.
Global Electric Wheelchair Market Report Segments:
The global Electric Wheelchair market is segmented on the basis of:
Dry-Battery Electric Wheelchairs, Wet-Battery Electric Wheelchairs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Permobil Corp
- Pride Mobility
- Invacare Corp
- Sunrise Medical
- Hoveround Corp
- Merits Health Products
- Drive Medical
Highlights of The Electric Wheelchair Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry-Battery Electric Wheelchairs
- Wet-Battery Electric Wheelchairs
- By Application:
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Wheelchair Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric wheelchair is a powered wheelchair that uses electricity to move the chair.
Some of the major players in the electric wheelchair market are Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, Hoveround Corp, Merits Health Products, Drive Medical.
The electric wheelchair market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Wheelchair Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electric Wheelchair Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Wheelchair Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electric Wheelchair Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electric Wheelchair Market Size & Forecast, 2020-2028 4.5.1 Electric Wheelchair Market Size and Y-o-Y Growth 4.5.2 Electric Wheelchair Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry-Battery Electric Wheelchairs
5.2.2 Wet-Battery Electric Wheelchairs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Wheelchair Market Analysis and Forecast by Region
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Wheelchair Market Size Forecast by Region
7.2.1 North America
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.2 North America Market Size Forecast by Country
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry-Battery Electric Wheelchairs
9.6.2 Wet-Battery Electric Wheelchairs
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.2 Europe Market Size Forecast by Country
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry-Battery Electric Wheelchairs
10.6.2 Wet-Battery Electric Wheelchairs
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.2 Asia Pacific Market Size Forecast by Country
11.2.3 South Korea
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry-Battery Electric Wheelchairs
11.6.2 Wet-Battery Electric Wheelchairs
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.2 Latin America Market Size Forecast by Country
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry-Battery Electric Wheelchairs
12.6.2 Wet-Battery Electric Wheelchairs
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry-Battery Electric Wheelchairs
13.6.2 Wet-Battery Electric Wheelchairs
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Wheelchair Market: Competitive Dashboard
14.2 Global Electric Wheelchair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Permobil Corp
14.3.2 Pride Mobility
14.3.3 Invacare Corp
14.3.4 Sunrise Medical
14.3.6 Hoveround Corp
14.3.7 Merits Health Products
14.3.8 Drive Medical