Business, Health, Infographics

Electric Wheelchair Market is anticipated to hit $4.29 billion by 2023 at a CAGR of 13.4%

Americas region holds the largest market share and growth in the Electric wheelchair Market, and is anticipated to reach $1.75 billion by 2023 at a CAGR of 11.8%. However, Europe witnesses the highest growth during the forecast period, and is expected to reach $1.57 billion by 2023 at a CAGR of 15.9%. U.S. is one of the technically advanced countries in the Americas region. According to National SCI database, the number of people in the U.S. who are alive with spinal cord injuries are about 282,000, and these factors will likely drive the demand for the market.

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