Global Electric Wheelchair Market Size & Outlook
Global electric wheelchair market, 2018-2030 (US$M)
Related Markets
Global electric wheelchair market highlights
- The global electric wheelchair market generated a revenue of USD 2,005.5 million in 2023 and is expected to reach USD 3,211.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7% by 2030.
- In terms of segment, adult accounted for a revenue of USD 1,368.9 million in 2023.
- Pediatric is the most lucrative category type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,005.5 million |
| Market revenue in 2030 | USD 3,211.4 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Adult |
| Fastest growing segment | Pediatric |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adult, Pediatric |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global electric wheelchair market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 8.9 million by 2030.
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Electric Wheelchair Market Scope
Electric Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global electric wheelchair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric wheelchair market will help companies and investors design strategic landscapes.
Adult was the largest segment with a revenue share of 68.26% in 2024. Horizon Databook has segmented the Global electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Electric Wheelchair Product Outlook (Revenue, USD Million, 2018-2030)
- Front-wheel
- Mid-wheel
- Rear-wheel
- Others
- Global Electric Wheelchair Age Group Outlook (Revenue, USD Million, 2018-2030)
- Geriatric
- Adult
- Pediatric
- Global Electric Wheelchair Portable Outlook (Revenue, USD Million, 2018-2030)
- Standalone
- Portable
- Global Electric Wheelchair End Use Outlook (Revenue, USD Million, 2018-2030)
- Homecare
- Rehabilitation Centers
- Hospitals
- Ambulatory Surgical Centers
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Target buyers of Global electric wheelchair market databook
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Our clientele includes a mix of electric wheelchair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global electric wheelchair market , including forecasts for subscribers. This global databook contains high-level insights into Global electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global electric wheelchair market size, by regions, 2018-2030 (US$M)
Top 10 countries: Electric wheelchair market size, 2024 (US$M)
Global electric wheelchair market share, by product, 2024 & 2030 (%, US$M)
Electric wheelchair market: Opportunity assessment by country
Global electric wheelchair market, by region, 2024 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 955.0 | 1,095.7 | 1,028.9 | 1,169.6 | 1,333.7 | 1,499.0 | 1,692.8 | 1,910.0 | 2,153.1 | 2,425.0 | 2,728.8 | 3,067.9 | 3,446.1 | 12.6% |
| Europe | 893.9 | 1,023.9 | 959.9 | 1,089.5 | 1,240.4 | 1,391.9 | 1,569.4 | 1,767.9 | 1,989.8 | 2,237.5 | 2,513.9 | 2,821.8 | 3,164.6 | 12.4% |
| Asia Pacific | 502.2 | 579.7 | 547.6 | 626.2 | 718.2 | 811.9 | 922.2 | 1,046.4 | 1,186.2 | 1,343.5 | 1,520.2 | 1,718.5 | 1,940.9 | 13.2% |
| Latin America | 124.4 | 139.6 | 128.1 | 142.3 | 158.5 | 173.8 | 191.5 | 210.7 | 231.4 | 253.8 | 278.0 | 304.0 | 331.9 | 9.6% |
| MEA | 79.5 | 87.9 | 79.4 | 86.7 | 94.8 | 102.0 | 110.1 | 118.4 | 127.0 | 135.8 | 144.7 | 153.5 | 162.2 | 6.7% |
| Overall | 2,555.0 | 2,926.8 | 2,743.9 | 3,114.3 | 3,545.6 | 3,978.6 | 4,485.9 | 5,053.4 | 5,687.6 | 6,395.7 | 7,185.6 | 8,065.8 | 9,045.8 | 12.4% |
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