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

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  1. Electric Wheelchair Market Market Values  Americas region anticipated to reach $1.75 billion by 2023 at a CAGR of 11.8%.  Europe is expected to reach $1.57 billion by 2023 at a CAGR of 15.9% Market Segments  By Type  By Entropy  By Geography  By End User Standing electric wheel chair segment is projected to reach $218.3 million by the end of 2022, growing at a CAGR of 10.6% Growth Factors Advanced powered wheel chairs are analyzed to witness prominent growth opportunity in the market The number of people who are in need of wheelchair is estimated to increase by over 22% during the next decade Key Players IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

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