Electric Wheelchair Market by Product Type (Front-wheel Drive, Centre Wheel Drive, Rear-wheel Drive, Standing Electric Wheelchair, and Others), and by End Users (Personal, Hospitals, and Sports Conditioning) – Global Opportunity Analysia and Industry Forecast 2024-2030

Electric Wheelchair Market Overview

The global Electric Wheelchair Market size was valued at USD 5.89 billion in 2023 and is predicted to reach USD 11.26 billion by 2030 with a CAGR of 9.7% from 2024-2030. Electric wheelchair, also known as a power wheelchair, is a mobility aid device powered by an electric motor. It is designed to assist individuals with mobility impairments or disabilities in moving around independently. Unlike manual wheelchairs, which require physical effort to propel, power wheelchairs are controlled using a joystick, control panel, or other specialized interfaces, allowing users to move the chair with minimal physical exertion. It features rechargeable batteries, which provide the necessary power to drive the motor and propel the wheelchair. They come in various designs, sizes, and configurations to accommodate different user needs and preferences, offering enhanced mobility and freedom of movement for individuals with limited mobility.

Market Dynamics and Trends

The growing chronic and degenerative diseases such as osteoarthritis, arthiritis, and parkinson’s disease that limits the movement of an individual increases the demand for power wheelchairs. These conditions significantly limit an individual's ability to move freely and independently, thereby increasing the need for mobility aids such as electric wheelchairs, which in turn boost the market growth. According to a report published by the Institute for Health Metrics and Evaluation (IHME), in August 2023, the cases of osteoarthritis are significantly growing worldwide, with an estimation to reach 1 billion cases to 2050 from 595 million in 2020.

With this rise in cases the demand for the power wheelchair surges to provide powered mobility assistance, allowing users to navigate their surroundings with greater ease and independence. Moreover, the increasing incidence of age-related illnesses due to aging population propel the electric wheelchair market growth. As the global demographic landscape shifts towards an older population demographic, there is a corresponding surge in age-related health conditions such as peripheral neuropathy, spinal stenosis, and osteoporosis among the elderly people. These conditions lead to mobility limitations, impacting the ability of older adults to move independently. Thus, the escalating prevalence of age-related health conditions highlights the necessity for advanced mobility solutions, thereby boosts the growth of the market.

However, high cost associated with the procurement of power wheelchairs by individuals hinders the growth of the market, particularly for regions with low per capita income. On the contrary, incorporation of artificial intelligence (AI) in power wheelchair is expected to create future opportunities for the electric wheelchair market growth. It enables electric wheelchairs to navigate complex environments more effectively, including crowded spaces, narrow corridors, and dynamic obstacles.

Also, AI-powered sensors and algorithms detect potential hazards and automatically intervene to prevent collisions or accidents, enhancing user safety. For instance, Control Bionics and researchers from Deakin University’s Applied AI Institute (A2I2) jointly launched Drove, the first autonomous driving wheelchair which enable people living with severe disabilities. It will allow people to move safely around the home who are completely disabled or are constrained from mobility.

Market Segmentations and Scope of the Study 

The electric wheelchair market share is segmented on the basis of product type, end users, and region. On the basis of product type, the global market is divided into front-wheel drive, centre wheel drive, rear-wheel drive, standing electric wheelchair and others. On the basis of end user, the market is segmented into personal, hospitals, and sports conditioning. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America dominates electric wheelchair market share during the forecast period due to the robust growth in aged-population. The rising number of elderly individuals, coupled with an increase in mobility impairments, drives the demand for power wheelchairs in the region. As per the report published by the Population Reference Buerue (PRB), by 2050, the American population aged 65 and older is forecasted to rise from 58 million in 2022 to 82 million, signifying a 47% increase. This demographic change highlights the significant role of electric wheelchairs in addressing the mobility needs of older adults, reinforcing the market's growth trajectory in North America.

Moreover, the presence of major companies such as Numotion, Pride Mobility Products Corp, and Karman Healthcare in the region boost the growth of the electric wheelchair market trends. These companies contribute to the advancement and accessibility of wheelchairs through their innovation, distribution networks, and commitment to meeting the diverse needs of users with mobility challenges.

For instance, Recently, Pride Mobility relocated to a 64,002 sq. ft facility in England by acquiring Sitting Pretty, a reclining chair manufacturer. This acquisition expands the business model of the company, meeting the growing demand of the people and enhancing its market presence.

On the other hand, Asia-Pacific region is showing a steady rise in the power wheelchair market during the forecast period due to technological advancement in the region such as advancements in manufacturing processes, materials, and electronics components. This technological investment enhances the performance and durability of electric wheelchairs to cater the divers needs of users.

For instance, in July 2023, Shanghai Bangbang Robotics LTD. launched E40 wheelchair a part of their Robooter E range. The product has advanced features such as ergonomics, streamlined linkage and integral connection between the wheelchair user and care givers incorporating advanced internet and AI technologies. E40 showcases seamless exterior with no visible screws which attracting more investments and contributing to the growth of the market.

Moreover, the growing diseases such as Parkinson diseases, spinal cord injury, and osteoarthritis is expected to drive the growth of the market. The disease can result in partial or complete paralysis of an individual demanding the use of mobility aids such as wheelchairs to maintain independence and quality of life. According to National Library of Medicine, a significant portion of the population in China is heavily impacted by Parkinson's disease, comprising more than half of the regional demographic, which in turn boost the growth of the electric wheelchair market.

Competitive Landscape

Various key market players operating in the electric wheelchair industry share Sunrise Medical, Karman Healthcare, Inc., Rollz International, Ottobock SE & Co., Pride Mobility Products Corp., Numotion, Hoveround Corporation, Invacare Corporation, Permobil AB, Drive Medical. and Others. These key players are adopting various strategies such as product launches and collaborations to remain dominant in the market.

For instance, in February 2023, Rollz launched the Rollz Motion Electric, an innovatie electric wheelchair. The product is equipped with a joystick controller, designed to provide effortless mobility for individuals seeking greater independence and ease of movement.

Moreover, in August 2022, Sunrise, acquired two companies, Helping Hand Company, a UK-based company specializing in pressure management seating, positioning products, and independent living solutions, and Now Tech, a Budapest-based tech start-up known for its digital, software, and electronic engineering expertise. These acquisitions align with Sunrise Medical's commitment to continuous improvement, global operational excellence, and breakthrough innovations, aiming to enhance electric wheelchair product quality, performance, and customer service.

Key Benefits

• The report provides quantitative analysis and estimations of the electric wheelchair market from 2024 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the current and future electric wheelchair markettrends to depict prevalent investment pockets in the industry.

• Information related to key drivers, restraints, and opportunities and their impact on the electric wheelchair market is provided in the report. 

• Competitive analysis of the key players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated on the study.

• Value chain analysis in the electric wheelchair market study provides a clear picture of roles of stakeholders.

Electric Wheelchair Market Key Segments

By Product Type

• Front-wheel Drive 

• Centre Wheel Drive

• Rear-wheel Drive

• Standing Electric Wheelchair

• Others

By End User

• Personal

• Hospitals

• Sports Conditioning

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia Pacific 

• RoW

  • Latin America

  • Middle East 

  • Africa

Report Scope and Segmentation:

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