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Powered Wheelchair Market Size
- Report ID: GMI5282
- Published Date: Jul 2024
- Report Format: PDF
Powered Wheelchair Market Size
Powered Wheelchair Market size was valued at around USD 2.9 billion in 2023 and is estimated to grow at 5.7% CAGR from 2024 to 2032. The rising prevalence of disabilities and chronic diseases significantly drives the growth of the market.
Conditions such as diabetes, cardiovascular diseases, obesity, and respiratory diseases often lead to complications that impair mobility. Additionally, individuals with permanent disabilities—whether from congenital conditions, accidents, or age-related degeneration—require reliable mobility aids to maintain their independence and quality of life. For instance, according to the International Diabetes Federation (IDF), approximately 537 million adults aged 20-79 years were living with diabetes in 2021. Complications from diabetes, such as peripheral neuropathy and lower limb amputations, significantly increase the need for powered wheelchairs.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Powered Wheelchair Market Size in 2023: | USD 2.9 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 5.7% |
| 2032 Value Projection: | USD 4.8 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 110 |
| Tables, Charts & Figures: | 247 |
| Segments covered: | Product, Technology, Patient, Portability, Application, Distribution Channel, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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A powered wheelchair is a mobility device that is propelled by an electric motor rather than manual effort. It is designed to assist individuals with mobility impairments or disabilities, providing them with increased independence and the ability to move around more easily in their daily lives.
Frequently Asked Questions (FAQ) :
Powered Wheelchair Market Scope
