Power Wheelchair Market Share

Power wheelchair market shares dollars 2018 power wheelchair market forecasts figure 7.

Power wheelchair market share.

An electric wheelchair also known as power wheelchair is a wheelchair that is propelled by means of an electric motor rather than manual efforts. Powered wheelchair market is driven by a rise in the prevalence of multiple sclerosis among the geriatric population a rise in the prevalence of accidents which lead to serious injuries in pelvis ankle surgery and other brain surgeries makes people handicap this is expected to drive the global market. Electric wheelchairs market share from center wheel drive by region 2014 2022. Global wheelchairs powered and manual market analysis 2015 2019 and forecast 2020 2025 by innovation market research inc.

Wheelchairs represent a commonly used assistive technology intended to act as a support system for people who are unable to move normally or at. The global wheelchair market size valued at usd 2 3 billion in 2018 and is expected to grow at a compound annual growth rate cagr of 7 6 from 2019 to 2026. Among them the wheelchair segment held the largest market share in the year 2018. Trends opportunities and forecast in wheelchair market to 2025 by product manual and power wheelchair category adult and pediatric wheelchair function basic sports bariatric standing wheelchair and others end use homecare and healthcare institution and others and region north america europe asia pacific apac and the rest of the world row.

In addition the report offers definitive information pertaining to the commercialization aspects revenue estimation and market size of the industry. The 2016 study has 627 pages 350 tables and figures. Core of a mobile power wheelchair platform figure 9. Studies illustrate patients choose home care.

Invacare corporation launched a tdx sp2 power wheelchair with linx technology and motion. Power wheelchair measuring guide figure 10. Electric wheelchairs are light in weight generally less than 100 lbs and offer mobility in a light package. Market research announces that it has published a new study power wheelchairs and personal mobility market shares strategy and forecasts worldwide 2016 to 2022.

The rise in accidental and innate mobility deformities and mobility independence in both indoor and outdoor settings are likely to boost the demand for wheelchairs during the forecast period. Globally increasing geriatric population and rising number of disorders requiring wheelchair support are some factors driving growth.