Top Companies in Electric Wheelchair Market | Major Players of Electric Wheelchair Industry Full In-depth Research Report | Vantage Market Research
An Electric Wheelchair, often known as a powered wheelchair, is a form of transportation for those unable to walk.
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Market Overview:
The Global Electric Wheelchair Market is valued at USD 2.7 Billion in the year 2021 and is forecasted to reach a value of USD 4.3 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 8.1% over the forecast period. A Wheelchair is a medical device that provides mobility to persons with little or no ambulatory ability to move around independently. Wheelchairs help people become more autonomous and mobile by propelling them manually or via automated mechanisms. Because of the increasing adoption of these chairs in homes by disabled and elderly persons, the Electric Wheelchair is the fastest-growing variety and has a significant market share. Geographically, North America accounts for most of the market due to a growth in advanced medical care facilities and healthcare spending. The market for Electric Wheelchairs is expected to be driven by patients with spinal cord injuries, those with physical disabilities, and the elderly. The growing popularity of Electric Wheelchairs in homes, hospitals, rehab centers, sports and athletics, and other settings can be attributed to the market's rise. With the implementation of new technologies such as artificial intelligence (AI) in the construction of self-driving Electric Wheelchairs for airport travelers, sports, and other applications, the Electric Wheelchair market is expected to grow.
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Some of the key players operating in the Electric Wheelchair Market are listed below:
|
Company Name |
Revenue in the US |
|
$450 Million |
|
<$5 Million |
|
$20 Billion |
|
<$5 Million |
|
$676 Million |
|
$870 Million |
|
<$5 Million |
|
$78 Million |
|
$325 Million |
|
$215 Million |
Sunrise Medical LLC Established in 1983 and headquartered in Fresno, California; Sunrise Medical develops, designs, manufactures, and distributes power and manual Wheelchairs and motorized scooters. The company offers products with both standard and customized seating and positioning systems. Sunrise Medical LLC is located in Fresno, CA, United States, and is a member of the Professional and Commercial Equipment & Supplies Merchant Wholesalers Industry. Sunrise Medical LLC has 28 employees across all locations and generates USD11.49 million in sales.
Karman Healthcare has been recognized as a global leader pioneering as the innovator in the manufacturing and distribution of home medical products since 1994. This private company has been in the industry for 28 years. The company currently specializes in the Medical Devices, Health Care Equipment areas. The Company headquarters is located in the City of Industry, California, USA. The number of employees ranges from 25 to 100.
Medline is a healthcare organization that manufactures, distributes, and offers solutions to enhance healthcare's entire operational effectiveness. The clinical and supply chain restheirces needed for long-term financial viability in providing high-quality treatment are made available by Medline in collaboration with healthcare systems and facilities across the continuum of care. Medline can invest in its clients for the future and quickly adapt to a dynamically changing market with tailored solutions thanks to the scale of one of the nation's largest corporations and the agility of a family-led business. With its global headquarters in Northfield, Illinois, Medline employs more than 30,000 people and conducts business in more than 125 nations and territories. The biggest privately owned medical supply manufacturer and distributor, Medline is well-positioned to offer goods, information, and assistance along the whole continuum of care. What distinguishes them is their capacity to transfer best practices from one care environment to another, from massive healthcare systems and independent physician practices to patients receiving home health care and their families.
Quantum Rehab, established in Pennsylvania in 2000, focuses on cutting-edge engineering, design, testing, and production with a clinically based, customer-first mentality. The ambition to provide clients with the most advanced, consumer-inspired complex rehab power Wheelchairs and accompanying technology led to the creation of Quantum Rehab. The consumer wants, and needs are what motivate Quantum. They are committed to addressing clinical and medical demands and quality-of-life requirements. No customer demand is disregarded, whether it be the most sophisticated power seats for pressure management or USB connections, Bluetooth, or fender lights.
Numotion was founded in 2001 and headquartered in Rocky Hill, CT, US. This company provides Complex Rehab Technology (CRT) to people with disabilities. It offers individually configured products and services, including manual and power Wheelchairs, designed to meet the medical and functional needs of individuals with significant disabilities and critical medical conditions. The Company also supplies customized seating systems, bath and toileting equipment, standers and standing aids, beds and sleeping products, feeding chairs and activity chairs, car seats, assistive technology mounts, therapy and play equipment, home lift systems, ramps, etc. In addition, it provides seating and mobility solutions to its customers.
Invacare Corporation, a business established in 1885 with its main office in Elyria, Ohio, U.S. The Company manufactures and distributes health care products globally to the non-acute care market. The company sells its goods to institutional, mass retail, and home care consumers. Respiratory equipment, home care beds, diabetes supplies, nursing home furniture, and manual and powered Wheelchairs are among the products offered by Invacare.
Carex Health Brands, Inc. is a privately-held company that operates in the health care equipment industry. Carex Health Brands, Inc. was founded in 1976. Carex Health Brands, Inc.’s headquarters are in Sioux Falls, South Dakota. Carex Health Brands is globally renowned as a pioneer in innovation, design, functionality, and performance. Carex Health Brands is committed to upholding these standards by consistently developing and testing new products, creating valuable and informative retail packaging, and attaining supply-chain excellence to enhance the company’s customer’s quality of life daily.
Graham-Field was founded in 1946. GF Health Products helps patients gain ground. A leading maker of Wheelchairs, the company (also known as Graham-Field) also manufactures and distributes medical and surgical supplies, diagnostics, rehabilitative and respiratory equipment, home safety products, pressure management equipment, and specialized furnishings, and lifts and other mobility aids. Brands include Lumex, Grafco, Basic American, Lumiscope, Labtron, Hausted, John Bunn, and Everest & Jennings; it also distributes products from other manufacturers. GF's clients fall into their main categories: primary care, home care, long-term care (nursing homes), and acute care (hospitals).
Drive Medical Design & Manufacturing was founded in 2000 and headquartered in Port Washington, New York. Drive Medical is a company that manufactures durable medical equipment, including mobility products, beds, bariatric products, Wheelchairs, and more. Drive Medical GmbH & Co KG manufactures healthcare supplies. The Company offers bath lifts, bath seats and benches, shower stools and chairs, raised toilet seats, commodes, plastic and steel grab bars, walkers, Wheelchairs, rollators, canes, and patient lifts. Drive Medical serves customers worldwide.
Pride Mobility Goods Corporation is the world's top creator and manufacturer of mobility products, including Jazzy Power Chairs, Go-Go Travel Mobility, Pride Mobility Scooters, and Pride Power Lift Recliners. Quantum Rehab, a pioneer in sophisticated rehab power chairs, and Stealth Products, the industry leader in positioning components, are also members of the Pride family of businesses. The Pride organization, which has its main office in Duryea, Pennsylvania, has activities there in Las Vegas, Mississippi, Florida, Australia, Canada, China, France, Germany, Italy, the Netherlands, New Zealand, and the United Kingdom. Pride is committed to offering carefully designed, constructed, and tested devices with cutting-edge technologies that help customers attain the highest mobility and quality of life.
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