Powered Wheelchairs Market

The global Powered Wheelchairs market was valued at 1553.02 Million USD in 2021 and will grow with a CAGR of 4.81% from 2021 to 2027, based on Research newly published report.

The prime objective of Powered Wheelchairs Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Powered Wheelchairs Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Powered Wheelchair are widely sales in Hospital, Home and other places. The most proportion of Powered Wheelchair is used in home and the proportion in 2019 is 86%. North America is the largest market, with a market share nearly 25% in 2019. Following North America, Europe is the second largest market with a share of 22%.

By Market Verdors:

• 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

By Types:

• Foldable Powered Wheelchair
• Unfoldable Powered Wheelchair

By Applications:

• Hospital
• Home

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
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