Electric Wheelchair Market Size, and Forecasts up to 2030 [MarketWatch]
Invacare Corporation (IVC)
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Source: MarketWatch
May 16, 2022 (Alliance News via COMTEX) -- United State- Electric wheelchairs are powered with a set of batteries that provides the required power for the movement of wheelchair in the desired direction causing less physical exertion. These chairs do not require any human assistance for mobility as these are automated. The global electric wheelchairs market is expected to reach $4,846 million by 2022, registering a CAGR of 17.1% from 2016 to 2022. Factors that strengthen the growth of this market include growth in elderly population globally, necessity for automated independent wheelchairs, increase in government expenditure on healthcare, and high disposable income from developed countries, such as U.S., UK, Germany, and others. However, factors that hinders the market growth are high cost of power wheelchairs, lack of awareness about benefits of power wheelchairs, and infrastructure. Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-vertical
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