PUBLISHER: TechNavio | PRODUCT CODE: 1584008
PUBLISHER: TechNavio | PRODUCT CODE: 1584008
Electric Wheelchairs Market 2024-2028
The electric wheelchairs market is forecasted to grow by USD 2590 mn during 2023-2028, accelerating at a CAGR of 13.64% during the forecast period. The report on the electric wheelchairs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of orthopedic and neurologic disorders, growing demand for rehabilitation services, and new product launches.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 11.73% |
CAGR | 13.64% |
Incremental Value | $2590 mn |
Technavio's electric wheelchairs market is segmented as below:
By End-user
By Product
By Geographical Landscape
This study identifies the growing adoption of front-wheel-electric wheelchairs as one of the prime reasons driving the electric wheelchairs market growth during the next few years. Also, growing online sales through e-commerce channels and rising geriatric population worldwide will lead to sizable demand in the market.
The report on the electric wheelchairs market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric wheelchairs market vendors that include ComfyGO Inc., GF Health Products Inc., Hoveround Corp., Invacare Corp., Karma Medical Products Co. Ltd., Karman Healthcare Inc., LEVO AG, Matsunaga Manufactory Co. Ltd., Medical Depot Inc., Medical Device Depot Inc., MEYRA GROUP, Mr. Wheelchair cc, Ottobock SE and Co. KGaA, Permobil AB, Pride Mobility Products Corp., Roma Medical, Silverline meditech Pvt. Ltd., Sunrise Medical LLC, United Seating and Mobility LLC, and WHILL Inc.. Also, the electric wheelchairs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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