North America Electric Wheelchair Market Growth, Size, Trends, Share, Revenue and Future Outlook

North America Electric Wheelchair Market Size- By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

North America Electric Wheelchair Market Size- By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Feb 2024 Report ID: FMCG2450 Pages: 1 - 156 Formats*:     
Category : Consumer & Retail
North America Electric Wheelchair Market Introduction and Overview 

According to SPER Market Research, the North America Electric Wheelchair Market is estimated to reach USD 1344.06 million by 2033 with a CAGR of 10.17%.

The report includes an in-depth analysis of the North America Electric Wheelchair Market, including market size and trends, product mix, distribution channels, and supplier analysis. An electric wheelchair, sometimes referred to as a power wheelchair, is a type of mobility equipment that helps people who have restricted mobility get around on their own. Electric wheelchairs are powered by batteries instead of physical force, so users don't need to push themselves or ask for help like regular manual wheelchairs do. These wheelchairs usually have a joystick or control panel that makes it simple for users to move in different directions. They are available in various forms and configurations to suit a variety of requirements and tastes. These include models that are heavy-duty or compact, can be used indoors or outdoors, and have seating options that can be adjusted for comfort and support.

North America Electric Wheelchair Market
Market Opportunities and Challenges

Opportunities: The aging population and the development of chronic illnesses are likely to contribute significantly to the long-term need for electric wheelchairs in hospitals and healthcare facilities. This will improve the wellbeing of patients and healthcare professionals and is anticipated to be a key factor in the market under investigation. Furthermore, in-home care environments use electric wheelchairs to transport patients in a safe and comfortable way. Because of the remarkable increase in the geriatric population, hospitals and senior care institutions should witness an increase in the requirement for electric wheelchairs.

Challenges: The North America Electric Wheelchair faces a number of challenges. The high expense of electric wheelchairs is a significant barrier that may prevent some people from using them if they have insufficient funds or insurance. Barriers to the acquisition of these devices for individuals in need could also come from insurance reimbursement rules and regulatory delays. In addition, the design and functioning of electric wheelchairs frequently progress faster than the laws governing them, raising the possibility of compatibility and safety problems. Making public areas and transit networks accessible to those using electric wheelchairs presents another difficulty because these locations and systems may lack the necessary infrastructure.




Market Competitive Landscape
The market for Electric Wheelchair in North America is very slightly fragmented. Some of the market key players are Dane Technologies Inc., Drive Medical Ltd., GF Healthcare Products, Inc., Invacare Corporation, Karman Healthcare, Otto Bock, Pride Mobility Products Corp, Sunrise Medical, Others.

Scope of the Report:
 Report Metric Details
 Market size available for years 2020-2033
 Base year considered 2023
 Forecast period 2024-2033
 Segments coveredBy Type, By End User
 Regions covered
United States, Canada, Rest of North America
 Companies Covered
Dane Technologies Inc., Drive Medical Ltd., GF Healthcare Products, Inc., Invacare Corporation, Karman Healthcare, Otto Bock, Pride Mobility Products Corp, Sunrise Medical, Others.
COVID-19 Impact on North America Electric Wheelchair Market
The COVID-19 epidemic introduced opportunities as well as challenges to the North American electric wheelchair market. On the one hand, the pandemic caused manufacturing process disturbances that resulted in production delays, disruptions in the supply chain, and shortages of necessary parts. Lockdown procedures and limitations on extracurricular activities also made it more difficult to distribute and sell electric wheelchairs. Further impeding market expansion were economic uncertainty and employment losses brought on by the epidemic, which reduced consumer buying power. But the epidemic also brought attention to how important mobility aids are for people with impairments or restricted movement, which raised awareness of and demand for electric wheelchairs.

Key Target Audience:
  • Healthcare Providers
  • Individuals with Disabilities
  • Caregivers and Family Members
  • Insurance Companies and Payers
  • Government Agencies and Policy Makers
  • Manufacturers and Suppliers
  • Distributors and Retailers
  • Rehabilitation Centers and Clinics
Our in-depth analysis of the North America Electric Wheelchair Market includes the following segments:
By Type:
  • Front Wheel Drive
  • Center Wheel Drive
  • Rear Wheel Drive
  • Standing Electric Wheelchair
  • By End User:
  • Personal
  • Hospital
  • Sport Conditioning
  • Key Topics Covered in the Report:
    • North America Electric Wheelchair Market Size (FY’2024-FY’2033)
    • Overview of North America Electric Wheelchair Market
    • Segmentation of North America Electric Wheelchair Market By Type (Front Wheel Drive, Center Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair)
    • Segmentation of North America Electric Wheelchair Market By End User (Personal, Hospital, Sport Conditioning)
    • Expansion Analysis of North America Electric Wheelchair Market
    • Problems and Obstacles in North America Electric Wheelchair Market
    • Competitive Landscape in the North America Electric Wheelchair Market
    • Impact of COVID-19 and Demonetization on North America Electric Wheelchair Market
    • Details on Current Investment in North America Electric Wheelchair Market
    • Competitive Analysis of North America Electric Wheelchair Market
    • Prominent Players in the North America Electric Wheelchair Market
    • SWOT Analysis of North America Electric Wheelchair Market
    • North America Electric Wheelchair Market Future Outlook and Projections (FY’2024-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the North America Electric Wheelchair Market

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. North America Electric Wheelchair  Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Electric Wheelchair  Market 

    7. North America Electric Wheelchair Market, By Type (USD Million)
    7.1. North America Electric Wheelchair Market Value Share and Forecast, By Type, 2024-2033
    7.2. Front Wheel Drive
    7.3. Center Wheel Drive
    7.4. Rear Wheel Drive
    7.5. Standing Electric Wheelchair

    8. North America Electric Wheelchair Market, By End User (USD Million)
    8.1. North America Electric Wheelchair Market Value Share and Forecast, By End User, 2024-2033
    8.2. Personal
    8.3. Hospital
    8.4. Sport Conditioning

    9. North America Electric Wheelchair Market Forecast, 2020-2033 (USD Million)
    9.1. North America Electric Wheelchair Market Size and Market Share

    10. North America Electric Wheelchair Market, By Type, 2020-2033 (USD Million)
    10.1. North America Electric Wheelchair Market Size and Market Share By Type (2020-2026)
    10.2. North America Electric Wheelchair Market Size and Market Share By Type (2027-2033)

    11. North America Electric Wheelchair Market, By End User, 2020-2033 (USD Million)
    11.1. North America Electric Wheelchair Market Size and Market Share By End User (2020-2026)
    11.2. North America Electric Wheelchair Market Size and Market Share By End User (2027-2033)

    12. North America Electric Wheelchair Market, By Region, 2020-2033 (USD Million)
    12.1. North America Electric Wheelchair Market Size and Market Share By Region (2020-2026)
    12.2. North America Electric Wheelchair Market Size and Market Share By Region (2027-2033)
    12.3. United States
    12.4. Canada
    12.5. Rest of North America

    13.  Company Profile
    13.1. Dane Technologies Inc.
    13.1.1. Company details
    13.1.2. Financial outlook
    13.1.3. Product summary 
    13.1.4. Recent developments
    13.2. Drive Medical Ltd.
    13.2.1. Company details
    13.2.2. Financial outlook
    13.2.3. Product summary 
    13.2.4. Recent developments
    13.3. GF Healthcare Products, Inc.
    13.3.1. Company details
    13.3.2. Financial outlook
    13.3.3. Product summary 
    13.3.4. Recent developments
    13.4. Invacare Corporation
    13.4.1. Company details
    13.4.2. Financial outlook
    13.4.3. Product summary 
    13.4.4. Recent developments
    13.5. Karman Healthcare
    13.5.1. Company details
    13.5.2. Financial outlook
    13.5.3. Product summary 
    13.5.4. Recent developments
    13.6. Otto Bock
    13.6.1. Company details
    13.6.2. Financial outlook
    13.6.3. Product summary 
    13.6.4. Recent developments
    13.7. Pride Mobility Products Corp
    13.7.1. Company details
    13.7.2. Financial outlook
    13.7.3. Product summary 
    13.7.4. Recent developments
    13.8. Sunrise Medical
    13.8.1. Company details
    13.8.2. Financial outlook
    13.8.3. Product summary 
    13.8.4. Recent developments
    13.9. Others

    14. List of Abbreviations

    15. Reference Links

    16. Conclusion

    17. Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    North America Electric Wheelchair Market is projected to reach USD 1344.06 million by 2033, growing at a CAGR of 10.17% during the forecast period.
    North America Electric Wheelchair Market grew in market size from 2023. The Market is expected to reach USD 1344.06 million by 2033, at a CAGR of 10.17% during the forecast period.
    North America Electric Wheelchair Market CAGR of 10.17% during the forecast period.
    North America Electric Wheelchair Market size is USD 1344.06 million from 2023 to 2033.
    North America Electric Wheelchair Market Segment is Covered By Type, By End User
    The North America region is anticipated to have the highest market share in North America Electric Wheelchair Market.
    The key players in the market include Companies Covered Dane Technologies Inc., Drive Medical Ltd., GF Healthcare Products, Inc., Invacare Corporation, Karman Healthcare, Otto Bock, Pride Mobility Products Corp, Sunrise Medical, Others.
    This will improve the wellbeing of patients and healthcare professionals and is anticipated to be a key factor in the market under investigation.
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