Electric Wheelchair Market Report and Company Analysis 2024-2032, Featuring Invacare, Sunrise Medical, Karman Healthcare, Pride Mobility Products Corp., Permobil, Sermax Mobility & Carex Health Brand
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: Aug 21 2024
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Source: Globenewswire
Market Growth Projection: The electric wheelchair market is expected to grow significantly, with a projected increase from $3.64 billion in 2023 to $7.82 billion by 2032, driven by an aging population, technological advancements, and increasing awareness of mobility solutions.
Key Drivers of Demand: Factors such as the rising prevalence of chronic diseases, improved accessibility, and supportive government policies are contributing to the growing demand for electric wheelchairs, particularly in North America where advanced healthcare infrastructure supports this trend.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.