Electric Wheelchair Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
63 Page Report
Electric Wheelchair Market is Expected to Reach USD 4.48 billion in
2020:Transparency Market Research
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Electric Wheelchair Market
Electric Wheelchair Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020
According to a new market report published by Transparency Market Research “Electric Wheelchair Market
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” global electric
wheelchair market was valued at USD 1.23 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020
to account for USD 4.48 billion in 2020.
Browse Report with Full TOC at Electric Wheelchair Market
The global electric wheelchair market is primarily driven by growing need for effective mobility solutions in
various indoor and outdoor applications for growing elderly population. The demand for electric
wheelchairs is predominant in countries such as the U.S., the U.K., France, Germany, Japan, China and
South Korea. Increase in disposable income and affinity for high-tech products in these countries is also
influencing the growth of overall electric wheelchair market.
Center wheel drive segment held the highest revenue share accounting for more than fifty percent of the
overall market in 2013 in terms of mobility. With the increase in number of technologically advanced
wheelchairs equipped with gadgets for accessibility and control, the demand for electric wheelchair is
observing substantial growth...