Global Powered Wheelchairs Market Research Report 2023(Status and Outlook)
Report Overview
Powered Wheelchair is a motorized wheelchair, powerchair, Powered Wheelchair or electric-powered wheelchair (EPW) is a wheelchair that is propelled by means of an electric motor rather than manual power. Motorized wheelchairs are useful for those unable to propel a manual wheelchair or who may need to use a wheelchair for distances or over terrain which would be fatiguing in a manual wheelchair. They may also be used not just by people with 'traditional' mobility impairments, but also by people with cardiovascular and fatigue-based conditions. Foldable Powered Wheelchair is used in the smaller space with good flexibility, but the front wheels on uneven terrain conditions or the rear wheel is easily caused stagnation of wheelchair card.
Global Powered Wheelchairs main players include Permobil Corp, Pride Mobility, Invacare Corp, Sunrise Medical, Ottobock, etc., totally accounting for about 67% of the market. Europe is the largest market, with a share over 20%. As for the types of products, it can be divided into foldable powered wheelchair and unfoldable powered wheelchair. The most common product is foldable powered wheelchair, with a share over 54%. In terms of applications, it is widely used in hospital, home and others, accounting for abut 8%, 86% and 6% respectively.
The Global Powered Wheelchairs Market Size was estimated at USD 1414.00 million in 2022 and is projected to reach USD 1924.26 million by 2029, exhibiting a CAGR of 0.05 during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Powered Wheelchairs market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Powered Wheelchairs Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Powered Wheelchairs market in any manner.
Global Powered Wheelchairs Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key 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
Market Segmentation (by Type)
Foldable Powered Wheelchair
Unfoldable Powered Wheelchair
Market Segmentation (by Application)
Urological Surgery
Gynecological Surgery
General Surgery
Gastrointestinal Surgery
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Powered Wheelchairs Market
Overview of the regional outlook of the Powered Wheelchairs Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
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