What is Global Electric and Non-Electric Wheelchairs Market?
The Global Electric and Non-Electric Wheelchairs Market is a comprehensive study of the current trends, growth opportunities, and market dynamics that are expected to shape the future of the industry. This market encompasses both electric and non-electric wheelchairs, which are mobility aids designed to assist individuals who have difficulty walking or are unable to walk due to various health conditions. The market is influenced by a variety of factors, including technological advancements, changing demographics, and evolving healthcare needs. The market is also segmented based on the type of wheelchair, with electric wheelchairs and non-electric wheelchairs being the two main categories.
Electric Wheelchairs, Non-Electric Wheelchairs in the Global Electric and Non-Electric Wheelchairs Market:
The Electric Wheelchairs segment of the Global Electric and Non-Electric Wheelchairs Market includes wheelchairs that are powered by batteries and can be controlled by the user through a joystick or other control mechanism. These wheelchairs are typically used by individuals with severe mobility limitations. On the other hand, Non-Electric Wheelchairs are manually operated and are often used by individuals who have some degree of upper body strength. These wheelchairs can be self-propelled or pushed by a caregiver. The market for both types of wheelchairs is influenced by factors such as the aging population, the prevalence of chronic diseases, and the increasing demand for assistive devices.
Hospital, Home, Other in the Global Electric and Non-Electric Wheelchairs Market:
The Global Electric and Non-Electric Wheelchairs Market finds its application in various areas such as hospitals, homes, and others. In hospitals, these wheelchairs are used to transport patients from one place to another, especially those who are recovering from surgery or are unable to walk due to illness or injury. At home, these wheelchairs provide mobility assistance to individuals with chronic conditions or disabilities, enabling them to move around independently and carry out their daily activities. Other applications of these wheelchairs include rehabilitation centers, nursing homes, and public places like shopping malls and airports.
Global Electric and Non-Electric Wheelchairs Market Outlook:
Looking at the market outlook, the Global Electric and Non-Electric Wheelchairs Market was valued at a significant US$ 2323 million in 2023. It is projected to reach an impressive value of US$ 2767 million by 2030, growing at a steady compound annual growth rate (CAGR) of 2.5% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers, who collectively hold a market share of about 59%. In terms of product segmentation, Electric Wheelchairs emerge as the largest segment, accounting for over 60% of the market share.
Report Metric | Details |
Report Name | Electric and Non-Electric Wheelchairs Market |
Accounted market size in 2023 | US$ 2323 million |
Forecasted market size in 2030 | US$ 2767 million |
CAGR | 2.5% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, Hoveround Corp, Merits Health Products, Drive Medical, Hubang, N.V. Vermeiren, Nissin Medical, EZ Lite Cruiser, Heartway, Golden Technologies, Karman, Yuwell, GF Health |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |