Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Research Reports > The Global Power Assist Wheelchair Market is Further Expected to Grow at a CAGR of 5.2% in the Forecast Period of 2021-2026
    Research Reports

    The Global Power Assist Wheelchair Market is Further Expected to Grow at a CAGR of 5.2% in the Forecast Period of 2021-2026

    The Global Power Assist Wheelchair Market is Further Expected to Grow at a CAGR of 5.2% in the Forecast Period of 2021-2026

    Published by Wanda Rich

    Posted on September 10, 2021

    Featured image for article about Research Reports

    The new report by Expert Market Research titled, ‘Global Power Assist Wheelchair Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global power assist wheelchair market, assessing the market based on its segments like type, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

    Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

    Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/power-assist-wheelchair-market/requestsample

    The key highlights of the report include:

    Market Overview (2016-2026)

    • Historical Market Size (2020) – USD 6.1 Billion (Wheelchair Market)
    • Forecast CAGR (2021-2026) – 5.2%
    • Forecast Market Size (2021-2026) – USD 8.3 Billion (Wheelchair Market)

    The power assist wheelchair industry is primarily being driven by the rising investment of healthcare institutes in improving their facilities for the consumers. The rapid rising of wheelchair sports with introduction of more and more tournaments, is invigorating the market growth. In addition, the growing geriatric population is also providing an impetus to the demand of these wheelchairs. Moreover, the rising demand for user specific power assist wheelchairs is going to boost the growth rate significantly during the forecast period.

    Industry Definition and Major Segments

    Power assist wheelchairs are power driven wheelchairs that work on smart software driven motors that provide intuitive assistance. The rising popularity of these wheelchairs is due to their ability to manoeuver through inclines and declines, user specific designs and much more. The ability to move through different terrains and configure based on movement has incrementally boosted the growth rate of the power assist wheelchair market.

    Explore full report with table of contents: https://www.expertmarketresearch.com/reports/power-assist-wheelchair-market

    Based on type, the market can be divided into:

    • Towing Power Add-ons (Front Drive)
    • Pushing Power Add-ons (Rear Dive)
    • Rotate Rear Wheels by Additional Motorized Rollers
    • Integrated into the Wheels of Wheelchair
    • Others

    On the basis of distribution channel, the industry can be divided as follows:

    • Offline
    • Online

    The regional markets for the product include the following:

    • North America
    • Europe
    • The Asia Pacific
    • Latin America
    • The Middle East and Africa

    Market Trends

    The growth of the industry is likely to be driven by the rising technological advancements in the industry. The introduction of a wider range of product with enhanced qualities as well as affordable prices is expected to provide an impetus to the market growth. The rising popularity of wheelchair sports such as wheelchair basketball, tennis etc. and tournaments such as Paralympics significantly enhance the growth rate of the power assist wheelchair industry. With the ability to cater to different types of abilities by being designed to be user-specific and adaptable, there is a rising demand for power assist wheelchairs. Key players investing into all-terrain adaptable wheelchairs is predicted to boost the growth rate during the forecast period.

    Key Market Players

    The major players in the market are Alber GmbH, Permobil AB, Todo Works Corp, Batec Mobility S.L, Klaxon Mobility GmbH, Sunrise Medical, and Yamaha Motor Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

    Read More Reports:

    Clinical Microbiology Market: https://www.expertmarketresearch.com/reports/clinical-microbiology-market

    Surgical Dressing Market: https://www.expertmarketresearch.com/reports/surgical-dressing-market

    United States Lancets Market: https://www.expertmarketresearch.com/reports/united-states-lancets-market

    Durable Medical Equipment Market: https://www.expertmarketresearch.com/reports/durable-medical-equipment-market

    Capsule Endoscopy Market: https://www.expertmarketresearch.com/reports/capsule-endoscopy-market

    Optical Coherence Tomography Market: https://www.expertmarketresearch.com/reports/optical-coherence-tomography-market

    Clinical Trials Market: https://www.expertmarketresearch.com/reports/clinical-trials-market

    Foetal Monitoring Market: https://www.expertmarketresearch.com/reports/foetal-monitoring-market

    Surgical Scissors Market: https://www.expertmarketresearch.com/reports/surgical-scissors-market

    Blood Bank Market: https://www.expertmarketresearch.com/reports/blood-bank-market

    Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

    About Us:

    Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

    At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

    We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

    Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

    Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

    Media Contact

    Company Name: EMR Inc.
    Contact Person:-Ian Bell, Business Consultant
    Email: [email protected]
    Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
    Address: 30 North Gould Street, Sheridan, WY 82801, USA
    City: Sheridan
    State: Wyoming
    Country: United States
    Website: https://www.expertmarketresearch.com

    Read More: https://expertmarketresearch-emr.blogspot.com/

    **We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

    Explore more on Procurement Intelligence services of EMR Inc.

    The new report by Expert Market Research titled, ‘Global Power Assist Wheelchair Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global power assist wheelchair market, assessing the market based on its segments like type, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

    Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

    Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/power-assist-wheelchair-market/requestsample

    The key highlights of the report include:

    Market Overview (2016-2026)

    • Historical Market Size (2020) – USD 6.1 Billion (Wheelchair Market)
    • Forecast CAGR (2021-2026) – 5.2%
    • Forecast Market Size (2021-2026) – USD 8.3 Billion (Wheelchair Market)

    The power assist wheelchair industry is primarily being driven by the rising investment of healthcare institutes in improving their facilities for the consumers. The rapid rising of wheelchair sports with introduction of more and more tournaments, is invigorating the market growth. In addition, the growing geriatric population is also providing an impetus to the demand of these wheelchairs. Moreover, the rising demand for user specific power assist wheelchairs is going to boost the growth rate significantly during the forecast period.

    Industry Definition and Major Segments

    Power assist wheelchairs are power driven wheelchairs that work on smart software driven motors that provide intuitive assistance. The rising popularity of these wheelchairs is due to their ability to manoeuver through inclines and declines, user specific designs and much more. The ability to move through different terrains and configure based on movement has incrementally boosted the growth rate of the power assist wheelchair market.

    Explore full report with table of contents: https://www.expertmarketresearch.com/reports/power-assist-wheelchair-market

    Based on type, the market can be divided into:

    • Towing Power Add-ons (Front Drive)
    • Pushing Power Add-ons (Rear Dive)
    • Rotate Rear Wheels by Additional Motorized Rollers
    • Integrated into the Wheels of Wheelchair
    • Others

    On the basis of distribution channel, the industry can be divided as follows:

    • Offline
    • Online

    The regional markets for the product include the following:

    • North America
    • Europe
    • The Asia Pacific
    • Latin America
    • The Middle East and Africa

    Market Trends

    The growth of the industry is likely to be driven by the rising technological advancements in the industry. The introduction of a wider range of product with enhanced qualities as well as affordable prices is expected to provide an impetus to the market growth. The rising popularity of wheelchair sports such as wheelchair basketball, tennis etc. and tournaments such as Paralympics significantly enhance the growth rate of the power assist wheelchair industry. With the ability to cater to different types of abilities by being designed to be user-specific and adaptable, there is a rising demand for power assist wheelchairs. Key players investing into all-terrain adaptable wheelchairs is predicted to boost the growth rate during the forecast period.

    Key Market Players

    The major players in the market are Alber GmbH, Permobil AB, Todo Works Corp, Batec Mobility S.L, Klaxon Mobility GmbH, Sunrise Medical, and Yamaha Motor Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

    Read More Reports:

    Clinical Microbiology Market: https://www.expertmarketresearch.com/reports/clinical-microbiology-market

    Surgical Dressing Market: https://www.expertmarketresearch.com/reports/surgical-dressing-market

    United States Lancets Market: https://www.expertmarketresearch.com/reports/united-states-lancets-market

    Durable Medical Equipment Market: https://www.expertmarketresearch.com/reports/durable-medical-equipment-market

    Capsule Endoscopy Market: https://www.expertmarketresearch.com/reports/capsule-endoscopy-market

    Optical Coherence Tomography Market: https://www.expertmarketresearch.com/reports/optical-coherence-tomography-market

    Clinical Trials Market: https://www.expertmarketresearch.com/reports/clinical-trials-market

    Foetal Monitoring Market: https://www.expertmarketresearch.com/reports/foetal-monitoring-market

    Surgical Scissors Market: https://www.expertmarketresearch.com/reports/surgical-scissors-market

    Blood Bank Market: https://www.expertmarketresearch.com/reports/blood-bank-market

    Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

    About Us:

    Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

    At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

    We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

    Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

    Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

    Media Contact

    Company Name: EMR Inc.
    Contact Person:-Ian Bell, Business Consultant
    Email: [email protected]
    Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
    Address: 30 North Gould Street, Sheridan, WY 82801, USA
    City: Sheridan
    State: Wyoming
    Country: United States
    Website: https://www.expertmarketresearch.com

    Read More: https://expertmarketresearch-emr.blogspot.com/

    **We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

    Explore more on Procurement Intelligence services of EMR Inc.

    Related Posts
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Workflow Automation Market Outlook 2025: Business Expansion, Market Trends, and Future Predictions
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Smart Contracts Market 2032 Industry Overview, Evolution Growth Rate and Future Forecasts 2025-2032
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Predictive Maintenance Market 2025-2032: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Oilseed Market to Expand at a CAGR of 5.3% by 2032 – Growth Drivers & Forecast Analysis
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Offshore Decommissioning Market Predicted to Reach USD 12.27 Billion by 2032, Growing at a CAGR of 6.3% | Coherent Market Insights
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Flea And Tick Products Market Anticipated to flourish at a CAGR of 9.32% from 2025 to 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Customer Data Platform Market Growth Probability, Key Vendors and Future Scenario Up To 2032
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Carbon Dioxide Utilization Market to Hit $14.38 Bn by 2032 with a CAGR of 13.6% According to Coherent Market Insights
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    Beauty Supplements Market Anticipated to flourish at a CAGR of 5.55% from 2025 to 2032, reaching USD 4,591 Million by 2032
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    AI Governance Market Size & Forecast 2025-2032 : Emerging Business Opportunities and Growth Prospects
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    Wireline Services Market to Reach USD 47.13 Billion by 2032 with a 7.0% CAGR According to Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights
    U.S. Hospitality Staffing Market to be Worth USD 258.72 Billion by 2032: Coherent Market Insights

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Research Reports

    Explore more articles in the Research Reports category

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Transcutaneous Electrical Nerve Stimulation Market to Reach USD 5.52 Billion by 2032, Growing at 4.4% CAGR from USD 4.08 Billion in 2025

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Network Detection and Response (NDR) Market 2025 Is Booming Worldwide by 2032

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Rhinoplasty Implants Market Forecast to Surge to USD 3.24 Billion by 2032, Registering Robust 17% CAGR from USD 1.07 Billion in 2025

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Polyamide 12 Market Is Booming So Rapidly with CAGR of 5.9% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Olive Oil Market to Hit $35.10 Bn by 2032 with a CAGR of 5.7% According to Coherent Market Insights

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Nail Polish Market Is Booming So Rapidly with CAGR of 6.9% Size and YoY Growth Rate, 2025-2032

    Modular Storage System  Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Modular Storage System Market Size, Share 2025 Analysis of Rising Business Opportunities with Prominent Investment, Forecast to 2032

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Healthcare Data Monetization Market to Reach USD 3,061.6 Million, Globally by 2032 at 16.2% CAGR: Coherent Market Insights

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Insurance Market Set to Double by 2032, Growing from USD 3.13 Billion in 2025 to USD 5.99 Billion at 9.7% CAGR

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Health Caregiving Market to Exceed USD 521.61 Billion by 2032, Expanding at 12.2% CAGR from USD 233.02 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Forensic Swab Market Expected to Hit USD 7.40 Billion by 2032, Rising at 5.8% CAGR from USD 4.98 Billion in 2025

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    Embedded Systems Market To Witness Substantial Growth, 2025-2032

    View All Research Reports Posts
    Previous Research Reports PostAutomotive Front End Module Market Globally Expected to Drive Growth through 2031
    Next Research Reports PostGlobal Aerospace Fasteners Market to be Driven by Rising Adoption 3D Printing and Robotics Technology in the Forecast Period of 2021-2026