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Global Electric Wheelchair Market, Size, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis

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    Report

  • 160 Pages
  • February 2022
  • Region: Global
  • Renub Research
  • ID: 5546192
Global Electric Wheelchair Market will reach US$ 6.84 Billion by 2027. Globally, the traditional wheelchair is a wheeled mobility device in which people for whom walking is challenging or impossible due to illness, injury, or disability. However, with the evolution of time, electric powered wheelchairs are becoming popular. These wheelchairs have been designed for indoor use, outdoor use, or even both. Besides, an electric wheelchair is generally prescribed for persons who have difficulty using a manual chair due to arm, hand, shoulder, or other general disabling conditions. And do not have the leg strength to drive a manual chair with their foot, which most Health Professionals do not generally recommend. Moreover, it may also be issued to those with cardiovascular conditions.



Global Electric Wheelchair Industry is expected to expand at a CAGR of 9.8% during 2021-2027


Electric wheelchair offers various powered functions such as tilt, recline, leg elevation, seat elevation, and others useful or necessary to health and function, providing ease to the consumers. Convenience and stability are significant factors propelling the global rise in the sales of electric wheelchairs. Hence, the elderly worldwide are also more inclined towards electric wheelchairs for convenience and ease of operation. Moreover, the increase in disabilities in the elderly population and the prevalence of chronic diseases also propel the market for electric wheelchairs.

Covid-19 Boosting the Market Growth for the Electric Wheelchair


Although the COVID-19 pandemic created disturbances across all industries, it positively impacted the electric wheelchair market. The electric wheelchair market witnessed significant growth during the coronavirus outbreak. Many hospitals and health institutes are flooded with people infected with the virus. Thus, the demand for electric wheelchairs has increased in 2020. The market is further expected to grow in the forecast period. According to the publisher report Worldwide Electric Wheelchair Market Size was US$ 3.90 Billion in 2021.

Rear Wheel Drive Wheelchair Segment Leads the Market Share


Globally, wheelchairs are often variations on basic design, but there are numerous wheelchairs, and they are usually highly customized for the individual user's needs. In our report, based on product type, the global electric wheelchair market is segregated into rear-wheel drive wheelchair drive, front-wheel drive wheelchair drive, four-wheel-drive electric wheelchair, standing electric wheelchair, self-balancing wheelchair, and remote control. As per our analysis, the rear-wheel-drive wheelchair drive segment leads in terms of market share, due to light front tires, small turning radius, easy maneuvering through narrow spaces, and better stability of rear-wheel drive.

Hospitals Segment to Persist Its Dominance throughout the Forecast Period:


The market has been grouped into Hospitals, Clinics, and Care Homes based on end-user. The hospitals' segment holds a significant share in the electric wheelchair market. The growing use of wheelchairs post-surgical therapy in hospitals and the rising number of medical emergency patients requiring wheelchairs are driving the segment's growth.

Moreover, a peak in the number of wheelchair-bound older residents in nursing homes is likely to augment the demand for wheelchairs among hospitals during the forecast period. In addition, the immediate adoption of powered wheelchairs for indoor application among disabled children & injured adults and the launch of evolved wheelchairs specifically designed for home use are expected to propel the growth of the care homes segment during the forecast period.

Regional Breakdown of the Global Electric Wheelchair Market:


Geographically, the market is split into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Among them, North America continues to dominate the global market during the forecast period in terms of market share. An upsurge in the number of people impacted by mobility impairment disorders and a rise in the aging population are the significant factors set to boost the demand for wheelchairs in the North American region.

In addition, the presence of key players engaged in mobility devices in the U.S. is likely to contribute to the market growth in the region. Further, Europe is also expected to hold a significant market share owing to the rising geriatric patient pool.

Robust Product Offerings by Key Players Propels the Wheelchairs Market Evolution:


The leading market players with a substantial brand presence in the wheelchair market analysis include Aquila Services Group PLC, DassaultSystemes SA, Merit Medical Systems Inc, Invacare Corporation, Sunrise, Permobil AB, Page Group, and Graham Holdings. The players are continuously focusing on launching innovative products to meet the unmet global demands in low resource income, thus expanding the global customer base. For instance, in August 2021 - Invacare Corporation announced the launch of the Invacare® AVIVA® STORM RX™ power wheelchair, establishing a new standard for rear-wheel-drive power mobility.

This research report titled “Electric Wheelchair Market, Global Forecast By Product (Rear Wheel Drive Wheelchair Drive, Front Wheel Drive Wheelchair Drive, 4 Wheel Drive Electric Wheelchair, Standing Electric Wheelchair, Self-Balancing Wheelchair and Remote Control), Battery Type (Dry battery type, Wet battery type and Others), Age group (< 20 years, 21 to < 60 years and > 60 Years), End Users (Hospitals, Clinics, Care Homes), Geography (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa), Companies (Aquila Services Group PLC, DassaultSystemes SA, Merit Medical Systems Inc, Invacare Corporation, Sunrise, Permobil AB, Page Group, and Graham Holdings)” studies the Electric Wheelchair Industry.

Product Type - Market have been covered from 6 viewpoints:


  • Rear Wheel Drive Wheelchair Drive
  • Front Wheel Drive Wheelchair Drive
  • 4 Wheel Drive Electric Wheelchair
  • Standing Electric Wheelchair
  • Self-Balancing Wheelchair
  • Remote Control

Battery Type - Market have been covered from 3 viewpoints:


  • Dry battery type
  • Wet battery type
  • Others

Age group - Market have been covered from 3 viewpoints:


  • < 20 years
  • 21 to < 60 years
  • 60 Years

End Users - Market have been covered from 3 viewpoints:


  • Hospitals
  • Clinics
  • Care Homes

Region - Market have been covered from 6 viewpoints:


  • North America
  • Europe
  • Asia-Pacific
  • Latin-America
  • Middle East
  • Africa

Company Insights:


  • Overview
  • Product Development
  • Key Strategies
  • Revenue

Company Analysis:


  • Aquila Services Group PLC
  • DassaultSystemes SA
  • Merit Medical Systems Inc
  • Invacare Corporation
  • Sunrise
  • Permobil AB
  • Page Group
  • Graham Holding

Table of Contents

1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth
4.2 Challenge
4.3 Opportunity
5. Global Electric Wheelchair Market
6. Market Share - Global Electric Wheelchair Market
6.1 By Products Type
6.2 By Battery Type
6.3 By Age Group
6.4 By End User
6.5 By Region
7. Product Type - Global Electric Wheelchair Market
7.1 Rear Wheel Drive Wheelchair Drive
7.2 Front Wheel Drive Wheelchair Drive
7.3 4 Wheel Drive Electric Wheelchair
7.4 Standing Electric Wheelchair
7.5 Self-Balancing Wheelchair
7.6 Remote Control
8. Battery Type - Global Electric Wheelchair Market
8.1 Dry battery type
8.2 Wet battery type
8.3 Others
9. Age group - Global Electric Wheelchair Market
9.1 < 20 years
9.2 21 to < 60 years
9.3 > 60 Years
10. End Users - Global Electric Wheelchair Market
10.1 Hospitals
10.2 Clinics
10.3 Care Homes
11. Region - Global Electric Wheelchair Market
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Latin-America
11.5 Middle East
11.6 Africa
12. Merger & Acquisitions
13. Porters Five Forces
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14. Company Analysis
14.1 Aquila Services Group PLC
14.1.1 Overview
14.1.2 Product Development
14.1.3 Key Strategies
14.1.4 Revenue
14.2 DassaultSystemes SA
14.2.1 Overview
14.2.2 Product Development
14.2.3 Key Strategies
14.2.4 Revenue
14.3 Merit Medical Systems Inc
14.3.1 Overview
14.3.2 Product Development
14.3.3 Key Strategies
14.3.4 Revenue
14.4 Invacare Corporation
14.4.1 Overview
14.4.2 Product Development
14.4.3 Key Strategies
14.4.4 Revenue
14.5 Sunrise
14.5.1 Overview
14.5.2 Product Development
14.5.3 Key Strategies
14.5.4 Revenue
14.6 Permobil AB
14.6.1 Overview
14.6.2 Product Development
14.6.3 Key Strategies
14.6.4 Revenue
14.7 Page Group
14.7.1 Overview
14.7.2 Product Development
14.7.3 Key Strategies
14.7.4 Revenue
14.8 Graham Holding
14.8.1 Overview
14.8.2 Product Development
14.8.3 Key Strategies
14.8.4 Revenue
List of Figures
Figure 01: Global - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 02: Global - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 03: Product Type - Rear Wheel Drive Wheelchair Drive Market (Million US$), 2016 - 2021
Figure 04: Product Type - Forecast for Rear Wheel Drive Wheelchair Drive Market (Million US$), 2022 - 2027
Figure 05: Product Type - Front Wheel Drive Wheelchair Drive Market (Million US$), 2016 - 2021
Figure 06: Product Type - Forecast for Front Wheel Drive Wheelchair Drive Market (Million US$), 2022 - 2027
Figure 07: Product Type - 4 Wheel Drive Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 08: Product Type - Forecast for 4 Wheel Drive Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 09: Product Type - Standing Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 10: Product Type - Forecast for Standing Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 11: Product Type - Self Balancing Wheelchair Market (Million US$), 2016 - 2021
Figure 12: Product Type - Forecast for Self Balancing Wheelchair Market (Million US$), 2022 - 2027
Figure 13: Product Type - Remote Control Market (Million US$), 2016 - 2021
Figure 14: Product Type - Forecast for Remote Control Market (Million US$), 2022 - 2027
Figure 15: Battery Type - Dry battery type Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 16: Battery Type - Forecast for Dry battery type Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 17: Battery Type - Wet battery type Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 18: Battery Type - Forecast for Wet battery type Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 19: Battery Type - Others Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 20: Battery Type - Forecast for Others Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 21: Age Group - < 20 years Market (Million US$), 2016 - 2021
Figure 22: Age Group - Forecast for < 20 years Market (Million US$), 2022 - 2027
Figure 23: Age Group - 21 to < 60 years Market (Million US$), 2016 - 2021
Figure 24: Age Group - Forecast for 21 to < 60 years Market (Million US$), 2022 - 2027
Figure 25: Age Group - > 60 Years Market (Million US$), 2016 - 2021
Figure 26: Age Group - Forecast for > 60 Years Market (Million US$), 2022 - 2027
Figure 27: End Users - Hospitals Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 28: End Users - Forecast for Hospitals Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 29: End Users - Clinics Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 30: End Users - Forecast for Clinics Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 31: End Users - Care Homes Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 32: End Users - Forecast for Care Homes Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 33: North America - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 34: North America - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 35: Europe - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 36: Europe - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 37: Asia-Pacific - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 38: Asia-Pacific - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 39: Latin-America - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 40: Latin-America - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 41: Middle East - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 42: Middle East - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 43: Africa - Electric Wheelchair Market (Million US$), 2016 - 2021
Figure 44: Africa - Forecast for Electric Wheelchair Market (Million US$), 2022 - 2027
Figure 45: Aquila Services Group PLC - Global Revenue (Million US$), 2016 - 2021
Figure 46: Aquila Services Group PLC - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 47: Dassault Systemes SA - Global Revenue (Million US$), 2016 - 2021
Figure 48: Dassault Systemes SA - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 49: Merit Medical Systems Inc - Global Revenue (Million US$), 2016 - 2021
Figure 50: Merit Medical Systems Inc - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 51: Invacare Corporation - Global Revenue (Million US$), 2016 - 2021
Figure 52: Invacare Corporation - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 53: Sunrise - Global Revenue (Million US$), 2016 - 2021
Figure 54: Sunrise - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 55: Permobil AB - Global Revenue (Million US$), 2016 - 2021
Figure 56: Permobil AB - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 57: Page Group - Global Revenue (Million US$), 2016 - 2021
Figure 58: Page Group - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 59: Graham Holding - Global Revenue (Million US$), 2016 - 2021
Figure 60: Graham Holding - Forecast for Global Revenue (Million US$), 2022 - 2027
List of Tables
Table 01: Global - Electric Wheelchair Market Share by Products Type (Percent), 2016 - 2021
Table 02: Global - Forecast for Electric Wheelchair Market Share by Products Type (Percent), 2022 - 2027
Table 03: Global - Electric Wheelchair Market Share by Battery Type (Percent), 2016 - 2021
Table 04: Global - Forecast for Electric Wheelchair Market Share by Battery Type (Percent), 2022 - 2027
Table 05: Global - Electric Wheelchair Market Share by Age Group (Percent), 2016 - 2021
Table 06: Global - Forecast for Electric Wheelchair Market Share by Age Group (Percent), 2022 - 2027
Table 07: Global - Electric Wheelchair Market Share by End User (Percent), 2016 - 2021
Table 08: Global - Forecast for Electric Wheelchair Market Share by End User (Percent), 2022 - 2027
Table 09: Global - Electric Wheelchair Market Share by Region (Percent), 2016 - 2021
Table 10: Global - Forecast for Electric Wheelchair Market Share by Region (Percent), 2022 - 2027

Companies Mentioned

  • Aquila Services Group PLC
  • DassaultSystemes SA
  • Merit Medical Systems Inc
  • Invacare Corporation
  • Sunrise
  • Permobil AB
  • Page Group
  • Graham Holding

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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