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Global Electric Wheelchair Market Size Study, by Type (Center Wheel Drive Chair, Front Wheel Drive Chair, Rear Wheel Drive Chair, Standing Wheel Drive), by End-Use (Personal, Hospitals, Sports Conditioning), and Regional Forecasts 2021-2027

October 2021 | 200 pages | ID: GEEBD16FC757EN
Bizwit Research & Consulting LLP

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Global electric wheelchair market to reach USD 2.0 billion by 2027.
Global electric wheelchair market is valued approximately at USD 1.1 billion in 2020 and is anticipated to grow with a healthy growth rate of about 9.92% over the forecast period 2021-2027. Electric wheelchairs (also known as powerchair or motorized wheelchair) involve a mechanism which is propelled through an electric motor rather than manual power. These are controlled by an electronic device and powered by a battery. Such wheelchairs are becoming increasingly popular among geriatrics and people experiencing orthopedic and other severe ailments as it offers advantages such as disassembly, portability, foldability, adjustability, maneuverability and turning radius. The global electric wheelchair market is being driven by increasing paralysis and injuries and increasing geriatric population. Furthermore, technological advancements in the electric wheelchair and increase in demand of electric wheelchairs from the sports industry will provide new opportunities for the global electric wheelchair market. For instance, according to World Population Ageing Report 2019, the world population aged above 60 years, or more was 727 million in 2020, and is estimated to grow and reach nearly 1.5 billion by 2050. Such growth in the geriatric population across the globe would increase the probability of severe ailments such as orthopedic and other spine derated disorders among the geriatrics and hence increase the demand and adoption of electric wheelchairs. This would promote the market growth. However, high cost associated with electric wheelchairs may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global electric wheelchair market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America accounts for the largest share in terms of market revenue in the global electric wheelchair market over the forecast period 2021-2027. Factors such as presence of multiple established manufacturers and market players of electric wheelchair in countries such as the United States and Canada, growth in the elderly population, increase in the incidences of severe injuries and paralysis, etc. contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are:
Invacare Corp.
Sunrise Medical Inc.
Drive Medical
Golden Technologies
Hoveround Corp.
Pride Mobility Products Corp.
21st Century SCIENTIFIC Inc.
Merits Health Products
Ottobock SE & Co. KGaA,
Permobil AB

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Center Wheel Drive Chair
Front Wheel Drive Chair
Rear Wheel Drive Chair
Standing Wheel Drive
By End-Use:
Personal
Hospitals
Sports Conditioning
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Electric Wheelchair Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Electric Wheelchair Market, by Region, 2019-2027 (USD Billion)
  1.2.2. Electric Wheelchair Market, by Type, 2019-2027 (USD Billion)
  1.2.3. Electric Wheelchair Market, by End-Use, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ELECTRIC WHEELCHAIR MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ELECTRIC WHEELCHAIR MARKET DYNAMICS

3.1. Electric Wheelchair Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Increasing paralysis and injuries
    3.1.1.2. Increasing geriatric population
  3.1.2. Market Restraints
    3.1.2.1. High cost associated with electric wheelchairs
  3.1.3. Market Opportunities
    3.1.3.1. Technological advancements in the electric wheelchair
    3.1.3.2. Increase in demand of electric wheelchairs from the sports industry

CHAPTER 4. GLOBAL ELECTRIC WHEELCHAIR MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Top Investment Opportunities
4.5. Top Winning Strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID -19 IMPACT

5.1. Assessment of the Overall Impact of COVID-19 on the industry
5.2. Pre COVID-19 and Post COVID-19 Market Scenario

CHAPTER 6. GLOBAL ELECTRIC WHEELCHAIR MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global Electric Wheelchair Market by Type, Performance - Potential Analysis
6.3. Global Electric Wheelchair Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
6.4. Electric Wheelchair Market, Sub Segment Analysis
  6.4.1. Center Wheel Drive Chair
  6.4.2. Front Wheel Drive Chair
  6.4.3. Rear Wheel Drive Chair
  6.4.4. Standing Wheel Drive

CHAPTER 7. GLOBAL ELECTRIC WHEELCHAIR MARKET, BY END-USE

7.1. Market Snapshot
7.2. Global Electric Wheelchair Market by End-Use, Performance - Potential Analysis
7.3. Global Electric Wheelchair Market Estimates & Forecasts by End-Use 2018-2027 (USD Billion)
7.4. Electric Wheelchair Market, Sub Segment Analysis
  7.4.1. Personal
  7.4.2. Hospitals
  7.4.3. Sports Conditioning

CHAPTER 8. GLOBAL ELECTRIC WHEELCHAIR MARKET, REGIONAL ANALYSIS

8.1. Electric Wheelchair Market, Regional Market Snapshot
8.2. North America Electric Wheelchair Market
  8.2.1. U.S. Electric Wheelchair Market
    8.2.1.1. Type breakdown estimates & forecasts, 2018-2027
    8.2.1.2. End-Use breakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Electric Wheelchair Market
8.3. Europe Electric Wheelchair Market Snapshot
  8.3.1. U.K. Electric Wheelchair Market
  8.3.2. Germany Electric Wheelchair Market
  8.3.3. France Electric Wheelchair Market
  8.3.4. Spain Electric Wheelchair Market
  8.3.5. Italy Electric Wheelchair Market
  8.3.6. Rest of Europe Electric Wheelchair Market
8.4. Asia-Pacific Electric Wheelchair Market Snapshot
  8.4.1. China Electric Wheelchair Market
  8.4.2. India Electric Wheelchair Market
  8.4.3. Japan Electric Wheelchair Market
  8.4.4. Australia Electric Wheelchair Market
  8.4.5. South Korea Electric Wheelchair Market
  8.4.6. Rest of Asia Pacific Electric Wheelchair Market
8.5. Latin America Electric Wheelchair Market Snapshot
  8.5.1. Brazil Electric Wheelchair Market
  8.5.2. Mexico Electric Wheelchair Market
8.6. Rest of The World Electric Wheelchair Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Invacare Corp.
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Sunrise Medical Inc.
  9.2.3. Drive Medical
  9.2.4. Golden Technologies
  9.2.5. Hoveround Corp.
  9.2.6. Pride Mobility Products Corp.
  9.2.7. 21st Century SCIENTIFIC Inc.
  9.2.8. Merits Health Products
  9.2.9. Ottobock SE & Co. KGaA,
  9.2.10. Permobil AB

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electric Wheelchair market, report scope
TABLE 2. Global Electric Wheelchair market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Electric Wheelchair market estimates & forecasts by Type 2018-2027 (USD Billion)
TABLE 4. Global Electric Wheelchair market estimates & forecasts by End-Use 2018-2027 (USD Billion)
TABLE 5. Global Electric Wheelchair market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 6. Global Electric Wheelchair market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Electric Wheelchair market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Electric Wheelchair market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Electric Wheelchair market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Electric Wheelchair market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Electric Wheelchair market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Electric Wheelchair market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Electric Wheelchair market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Electric Wheelchair market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. U.S. Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 17. U.S. Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. Canada Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Canada Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 20. Canada Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. UK Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. UK Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 23. UK Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. Germany Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 25. Germany Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Germany Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. RoE Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 28. RoE Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. RoE Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. China Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 31. China Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. China Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. India Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 34. India Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. India Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. Japan Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 37. Japan Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Japan Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. RoAPAC Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 40. RoAPAC Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. RoAPAC Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Brazil Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 43. Brazil Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. Brazil Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Mexico Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 46. Mexico Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. Mexico Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. RoLA Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 49. RoLA Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. RoLA Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. Row Electric Wheelchair market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 52. Row Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Row Electric Wheelchair market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Electric Wheelchair market
TABLE 55. List of primary sources, used in the study of global Electric Wheelchair market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Electric Wheelchair market, research methodology
FIG 2. Global Electric Wheelchair market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Electric Wheelchair market, key trends 2020
FIG 5. Global Electric Wheelchair market, growth prospects 2021-2027
FIG 6. Global Electric Wheelchair market, porters 5 force model
FIG 7. Global Electric Wheelchair market, pest analysis
FIG 8. Global Electric Wheelchair market, value chain analysis
FIG 9. Global Electric Wheelchair market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Electric Wheelchair market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Electric Wheelchair market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Electric Wheelchair market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Electric Wheelchair market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Electric Wheelchair market, regional snapshot 2018 & 2027
FIG 15. North America Electric Wheelchair market 2018 & 2027 (USD Billion)
FIG 16. Europe Electric Wheelchair market 2018 & 2027 (USD Billion)
FIG 17. Asia pacific Electric Wheelchair market 2018 & 2027 (USD Billion)
FIG 18. Latin America Electric Wheelchair market 2018 & 2027 (USD Billion)
FIG 19. Global Electric Wheelchair market, company market share analysis (2020)


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