Product Code: MRR-742BD517E1A7
[195 Pages Report] The Electric Wheelchair Market size was estimated at USD 3.74 billion in 2023 and expected to reach USD 4.04 billion in 2024, at a CAGR 8.34% to reach USD 6.56 billion by 2030.
Global Electric Wheelchair Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Electric Wheelchair Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electric Wheelchair Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Electric Wheelchair Market, highlighting leading vendors and their innovative profiles. These include 21st Century Scientific, Inc., All Star Wheelchair, Cyberworks Robotics, Inc., Dane Technologies, Inc., Drive DeVilbiss International, Focal Meditech B.V., GeckoSystems Intl. Corp., Honda Motor Co., Ltd., Hoveround Corporation, Invacare Corporation, Karman Healthcare, Inc., Kinova Inc., Matia Mobility, Inc., Meyra Group GmbH, Ottobock SE & Co. KGaA, Panasonic Corporation, Permobil AB, Pride Mobility Products Corp., Robopreneur Sdn Bhd, Sunrise Medical (US) LLC, and Yamaha Motor Co., Ltd..
Market Segmentation & Coverage
This research report categorizes the Electric Wheelchair Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product Type
- Center Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
- Standing Electric Wheelchairs
- Age Group
- 21 to<60 years
- 60 years
- < 20 years
- Battery Type
- Dry-Battery Electric Wheelchair
- Wet-Battery Electric Wheelchair
- End-User
- Home Care
- Hospitals & Clinic
- Sports Conditioning
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Electric Wheelchair Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electric Wheelchair Market?
- What are the technology trends and regulatory frameworks in the Electric Wheelchair Market?
- What is the market share of the leading vendors in the Electric Wheelchair Market?
- Which modes and strategic moves are suitable for entering the Electric Wheelchair Market?
Table of Contents
1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
- 4.1. Introduction
- 4.2. Electric Wheelchair Market, by Region
5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing prevalence of temporary and permanent movement impairment
- 5.1.1.2. Aging population coupled with age-related orthopedic concerns
- 5.1.1.3. Growing government support for disabled population
- 5.1.2. Restraints
- 5.1.2.1. Lack of awareness and high cost of electric wheelchairs
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in electric wheelchairs
- 5.1.3.2. Potential prospects in public spaces
- 5.1.4. Challenges
- 5.1.4.1. Safety and security issues of electric wheelchair
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
6. Electric Wheelchair Market, by Product Type
- 6.1. Introduction
- 6.2. Center Wheel Drive
- 6.3. Front Wheel Drive
- 6.4. Rear Wheel Drive
- 6.5. Standing Electric Wheelchairs
7. Electric Wheelchair Market, by Age Group
- 7.1. Introduction
- 7.2. 21 to <60 years
- 7.3. 60 years
- 7.4. < 20 years
8. Electric Wheelchair Market, by Battery Type
- 8.1. Introduction
- 8.2. Dry-Battery Electric Wheelchair
- 8.3. Wet-Battery Electric Wheelchair
9. Electric Wheelchair Market, by End-User
- 9.1. Introduction
- 9.2. Home Care
- 9.3. Hospitals & Clinic
- 9.4. Sports Conditioning
10. Americas Electric Wheelchair Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
11. Asia-Pacific Electric Wheelchair Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
12. Europe, Middle East & Africa Electric Wheelchair Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. 21st Century Scientific, Inc.
- 14.1.2. All Star Wheelchair
- 14.1.3. Cyberworks Robotics, Inc.
- 14.1.4. Dane Technologies, Inc.
- 14.1.5. Drive DeVilbiss International
- 14.1.6. Focal Meditech B.V.
- 14.1.7. GeckoSystems Intl. Corp.
- 14.1.8. Honda Motor Co., Ltd.
- 14.1.9. Hoveround Corporation
- 14.1.10. Invacare Corporation
- 14.1.11. Karman Healthcare, Inc.
- 14.1.12. Kinova Inc.
- 14.1.13. Matia Mobility, Inc.
- 14.1.14. Meyra Group GmbH
- 14.1.15. Ottobock SE & Co. KGaA
- 14.1.16. Panasonic Corporation
- 14.1.17. Permobil AB
- 14.1.18. Pride Mobility Products Corp.
- 14.1.19. Robopreneur Sdn Bhd
- 14.1.20. Sunrise Medical (US) LLC
- 14.1.21. Yamaha Motor Co., Ltd.
- 14.2. Key Product Portfolio
15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing