North America Wheelchair Market Revenue 2024, Rising Demand, Key Players, Challenges, Growth Drivers, and Future Trends till 2033: SPER Market Research

North America Wheelchair Market Revenue 2024, Rising Demand, Key Players, Challenges, Growth Drivers, and Future Trends till 2033: SPER Market Research

November 26, 2024
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North America Electric Wheelchair Market is projected to be worth USD 1344.06 million by 2033 and is anticipated to surge at a CAGR of 10.17%.

An electric wheelchair, sometimes referred to as a power wheelchair or motorized wheelchair, is a battery-operated mobility aid intended to help people with restricted or impaired movement. Electric wheelchairs employ motors that are operated by a joystick or a touch-sensitive control pad, which enables the user to move the chair with little physical effort, in contrast to manual wheelchairs that need physical effort to operate. People with spinal cord injuries, muscular dystrophy, multiple sclerosis, or elderly people with mobility issues who lack the ability or endurance to push a regular wheelchair can particularly benefit from this function. In order to improve comfort and support, electric wheelchairs have a number of features and options, such as reclining capabilities, adjustable seats, and footrests and armrests that may be customized.  

According to SPER Market Research, North America Electric Wheelchair Market Size – By Type, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033′ states that the North America Electric Wheelchair Market is estimated to reach USD 1344.06 billion by 2033 with a CAGR of 10.17%.   

The aging population, rising disability rates, and improvements in mobility technologies are the main factors propelling the electric wheelchair industry in North America. Because of its strong healthcare system and the rising need for independent mobility solutions among the elderly, the United States in particular holds a significant portion of this market. In response to particular requirements for homecare and healthcare facility use, customization possibilities and smart wheelchair technologies such as voice control and remote monitoring are increasingly becoming more and more popular.  Furthermore, the availability of electric wheelchairs has expanded due to the growth of online shopping channels, improving consumer choice and convenience.  

Significant obstacles are affecting the growth trajectory of the electric wheelchair market in North America. The expensive expense of sophisticated electric wheelchairs is a major problem that prevents many potential users from using them, especially those without significant health insurance coverage or government aid. For qualifying patients, getting an electric wheelchair might be difficult due to lengthy and complicated reimbursement procedures, even with Medicare and Medicaid help. Global manufacturing limits have made supply chain disruptions even more problematic for the industry, especially when it comes to procuring vital components like microprocessors and lithium-ion batteries. This affects the timely delivery of goods and raises prices, which in turn affects consumers’ access to and affordability of electric wheelchairs.  

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Impact of COVID-19 on North America Electric Wheelchair Market

The market for electric wheelchairs in North America was greatly impacted by the COVID-19 pandemic, which brought with it both opportunities and obstacles. At first, factory halts, supply chain problems, and a decrease in the availability of healthcare services caused market disruptions. These difficulties caused production and delivery delays for wheelchairs, which had an impact on overall sales. The need for electric wheelchairs in hospitals and rehabilitation institutions decreased as a result of healthcare facilities delaying non-urgent medical treatments in order to manage the epidemic. However, a change in consumer behaviour was brought about by a greater knowledge of mobility alternatives and an increase in telehealth services. For personal mobility at home, many people resorted to electric wheelchairs, which sparked a resurgence of interest in assistive technologies. 

North America Electric Wheelchair Market Key Players:

The United States is the most dominant region in the North American electric wheelchair market. The high rate of aging in the population is partly responsible for this domination, as it greatly increases demand for mobility aids such as electric wheelchairs. Some of its key players are- Dane Technologies Inc., Drive Medical Ltd., GF Healthcare Products, Inc., Invacare Corporation, Karman Healthcare. 

For More Information, refer to below link: –

North America Electric Wheelchair Market Growth

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