Global Electric Wheelchair Market
April 30, 2019
Global Electric Wheelchair Market was valued US$ 3.80 Bn in 2017 and is expected to reach US$ 10.30 Bn by 2026, at a CAGR of 16.24 % during a forecast period.
The Global Electric wheelchair market is segmented by product type, end users, battery types and region. By product type, the electric wheelchair market is divided into centre wheel drive electric wheelchair, front wheel drive electric wheelchair, standing electric wheelchair, rear wheel drive electric wheelchair and others. Based on the battery type, the electric wheelchair market is categorised into dry battery and wet battery. End user segment is distributed into home care settings, hospitals/ clinics and others. By region, the global electric wheelchair market is classified into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa.
Increasing worldwide ageing population, need of automated wheelchair for disabled people and high disposable income of people are driving growth in the Global electric wheelchair market. Increasing demand of advanced wheelchairs from sport industry is also manipulating the growth of electric wheelchair market. The growth of the Global electric wheelchair market is additional boosted by the rising demand for advanced electric wheelchairs from the sports sector for sports events organized for the disabled people. Furthermore, high cost of the electric wheel chair, poor infrastructure, and lack of knowledge among the individuals are hampering the growth in the Global electric wheelchair market.
This report is submitted by @Maximize market research pvt ltd
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