Global Electric Wheelchairs Market Will Grow at a CAGR of 6% During 2019-2023
Global electric wheelchairs market size will grow by USD 708.8 million
during 2019-2023, at a CAGR of over 6%. People suffering from orthopedic
conditions such as rheumatoid arthritis, knee, and hip problems, and
bone fractures, especially the geriatric population, require electric
wheelchairs for mobility. Moreover, patients with neurological disorders
such as spinal muscular atrophy (SMA) have weak muscles, which limit
their movement. Therefore, the increasing incidences of SMA and
orthopedic conditions are augmenting the growth of the electric
wheelchairs market. Also, several industry players are customizing
electric wheelchairs by attaching round ball knob with the electric
wheelchair controller which makes it easier to operate.
Increasing adoption of front-wheeled electric wheelchairs
In front-wheeled electric wheelchairs, force is distributed to all four tires which makes it suitable to drive on an inclined plane, soft terrains, grass, or uneven gravel. The even distribution of force provided by front-wheeled electric wheelchairs leads to better traction which enables it to perform well. Also, front-wheeled electric wheelchairs allow patients to conveniently position their feet as there are no front caster wheels on the motorized wheelchair. Another advantage of a front-wheeled electric wheelchair is that the end-users feet can be placed easily because there are no front caster wheels on the motorized wheelchair. Therefore, such factors are driving the adoption of front-wheeled electric wheelchairs, which in turn, is propelling growth in the electric wheelchairs market.
To increase their electric wheelchairs market share, manufacturers are focusing on acquiring the operations of other companies, and there will be a rise in the number of M&As. Sunrise Medical has already acquired Magic Mobility, which helped them to complete their portfolio of innovative and life-enabling all-terrain power wheelchairs. This acquisition also helped Sunrise Medical to penetrate the North American market.
Increasing adoption of front-wheeled electric wheelchairs
In front-wheeled electric wheelchairs, force is distributed to all four tires which makes it suitable to drive on an inclined plane, soft terrains, grass, or uneven gravel. The even distribution of force provided by front-wheeled electric wheelchairs leads to better traction which enables it to perform well. Also, front-wheeled electric wheelchairs allow patients to conveniently position their feet as there are no front caster wheels on the motorized wheelchair. Another advantage of a front-wheeled electric wheelchair is that the end-users feet can be placed easily because there are no front caster wheels on the motorized wheelchair. Therefore, such factors are driving the adoption of front-wheeled electric wheelchairs, which in turn, is propelling growth in the electric wheelchairs market.
To increase their electric wheelchairs market share, manufacturers are focusing on acquiring the operations of other companies, and there will be a rise in the number of M&As. Sunrise Medical has already acquired Magic Mobility, which helped them to complete their portfolio of innovative and life-enabling all-terrain power wheelchairs. This acquisition also helped Sunrise Medical to penetrate the North American market.
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