Electric Wheelchair Market Synopsis
Electric Wheelchair Market Size is Valued at USD 7.73 Billion in 2023, and is Projected to Reach USD 15.78 Billion by 2032, Growing at a CAGR of 9.32% From 2024-2032.
The Electric wheelchair market can therefore be described as the global market which is involved in the production, distribution, and sales of motorized wheelchairs with a powered electric motor. These are mobility assistive wheelchairs for the physically disabled or those who experience limited movement. The market includes mid-wheel drive electric wheelchairs, front-wheel drive, rear-wheel drive, and standing models for home, hospitals, and clinic purpose depending on the individual preference. Prominent market vendors are spread across the world supplying their products to various consumer segments in North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
- The global electric wheelchair market is being fine-tuned by the growing elderly and disabled persons’ demographic who require mobility assistance. Other drivers for the market grounded on technology incorporate better stamina of batteries, lighter materials, and enhanced control systems. Furthermore, certain government policies supporting the accessibility and health care sector along with other health care policies that are pushing robust changes towards the betterment of life of disabled people are also fueling the market growth.
- On a regional level, North America and Europe are holding the major market share in the global electric wheelchair market because of increased health care expenditure, a favourable reimbursement policy, and the increasing population of senior citizens. Global awareness about cancer, increased health care facility, and increasing income levels especially in the Asia Pacific region including countries like China and India have placed this market on a growth trajectory. They said that the market is highly competitive and the primary concern of the major players is to innovate, differentiate, and compete for strategic partnership while providing services in this growing technology sector.
Electric Wheelchair Market Trend Analysis
Evolving Mobility, Insights into the Electric Wheelchair Market
- The Electric Wheelchair Market is still in its phase of growth due to the increase in the worldwide geriatric population and developments in transport assistance devices. Higher sensitization regarding accessibility and the acceptance of enabling policies by governments are also pushing the market to grow. The portability and convenience to the users through light and easily foldable structures are the primary areas that manufacturers are concentrating on. In the same regard, incorporation of intelligent features like Bluetooth and Global Positioning System tracking technology are now more frequent and popular in increasing the usability and security of these vehicles.
- Furthermore, there is a development in the market and products differentiation especially in the area of electric wheelchairs to suit the needs and disability of users. Currently there is developments of battery in the market with focus on lithium-ion batteries that have long cycle life and faster re-charging time. New markets are deemed to be shifting to developing nations mainly due to enhancing healthcare facilities and also increased per capita income. In summary, the analysis of demands and trends in the Electric Wheelchair Market shows that the industry will continue to develop as a result of innovations and changes in the population structure.
Navigating Growth, Opportunities in the Electric Wheelchair Market
- Global electric wheelchair market offers immense opportunities as a result of aging population in different part of the globe, awareness on mobility aids, and technological improvements that has boosted on characteristics of wheelchairs. When it comes to health care delivery, the need to make wheelchairs easily accessible has elicited a need for electric wheelchairs for better improvement on the mobility impaired individuals’ quality of life. Market growth is flamed by innovations in the likes of lightweight, foldable designs, enhancement of battery power, smart technologies for enhance user interface and remote diagnostic faculties.
- However, growing the healthcare facility in the emerging economies and high disposable income are also playing a major role in the growth of the market. Measures taken by the government to enhance the accessibility and movement of disable people also help in the growth of this market. Also, the growing trend of customizing and ergonomically developing electric wheelchairs to address the needs of different users shall open up more opportunities for development in the electric wheelchair market, to suit customers’ needs and demands.
Electric Wheelchair Market Segment Analysis:
Electric Wheelchair Market Segmented on the basis of type, By Control Type, and end-users.
By Type, Centre Wheel Drive Electric Wheelchair segment is expected to dominate the market during the forecast period
- The market includes different types of electric wheelchairs satisfying various requirements of the clients. They are the centre wheel drive which is usually considered to have improved manoeuvrability; the front wheel drive that is more stable and provides a smooth movement; the rear wheel drive, which is favored for use outside and terrains; and the standing power wheelchairs because they enable the user to stand thus improving on the mobility and independence. Both types are still functional and are used to fulfil distinct purposes that represent further improvement within the mobile technology industry, as well as the mobile adaptation to different clients and needs for the health care and accessible facilities.
By Control Type, Joystick Controlled segment held the largest share in 2024
- Different control possibilities are available in electric wheelchairs due to the variety of consumers and their requirements. Some of them are joystick-operated wheelchairs which facilities easy movements in all directions and better control; remote-control chairs where the operator is either the user or the carer and switch control whereby the wheelchair is set to respond to particular movements given by the user with particular mobility impediments. That each control type provides increased usability and can be used in combination depending on the mobility of the intended users, which allows people to easily and freely navigate the environment.
Electric Wheelchair Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North American electric wheelchair market is majorly envisaging fast growth mainly due to; Increase in health care spending Penchant for elderly people who need mobility aids. The well-developed health care facilities and the acceptable reimbursement policies in the region add to the marketing growth of the products in the region. The advancements in technology of electric wheelchairs, received equally well in the markets by customers of different requirements, including battery life, manoeuvrability, etc., are favourable for the development of the market.
- Measures within policy and legislative frameworks affecting availability and use of the aids are some of the activators of the market. Also, strategic alliances with manufacturers focus on the improvement in the portfolio and sales channel of various health care products and services in the region. North America continues to be at the heart of mobility solutions research as development projects continue to be implemented mainly to enhance the comfort of the user, safety and efficiency of electric wheelchairs.
Active Key Players in the Electric Wheelchair Market
- Matsunaga Manufactory Co., Ltd (Japan)
- Meyra Group (Germany)
- Invacare Corporation (United States)
- Karma Medical Products Co., Ltd (Taiwan)
- Miki Kogyosho Co., Ltd (Japan)
- Nissin Medical Industries Co., Ltd (Japan)
- Pride Mobility Products Corp (United States)
- Sunrise Medical (U.S.) LLC (United States)
- Ottobock Se & Co Kgaa (Germany)
- Permobil AB (Sweden)
- Others
Global Electric Wheelchair Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7.73 Bn. |
Forecast Period 2024-32 CAGR: |
9.32 % |
Market Size in 2032: |
USD 15.78 Bn. |
Segments Covered: |
By Type |
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By Control Type |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Electric Wheelchair Market by Type
4.1 Electric Wheelchair Market Snapshot and Growth Engine
4.2 Electric Wheelchair Market Overview
4.3 Centre Wheel Drive Electric Wheelchair
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Centre Wheel Drive Electric Wheelchair: Geographic Segmentation Analysis
4.4 Front Wheel Drive Electric Wheelchair
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Front Wheel Drive Electric Wheelchair: Geographic Segmentation Analysis
4.5 Rear
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Rear: Geographic Segmentation Analysis
4.6 Wheel Drive Electric Wheelchair
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Wheel Drive Electric Wheelchair: Geographic Segmentation Analysis
4.7 Standing Electric Wheelchair
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Standing Electric Wheelchair: Geographic Segmentation Analysis
Chapter 5: Electric Wheelchair Market by Contril Type
5.1 Electric Wheelchair Market Snapshot and Growth Engine
5.2 Electric Wheelchair Market Overview
5.3 Joystick Controlled
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Joystick Controlled: Geographic Segmentation Analysis
5.4 Remote Controlled
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Remote Controlled: Geographic Segmentation Analysis
5.5 Switch Controlled
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Switch Controlled: Geographic Segmentation Analysis
Chapter 6: Electric Wheelchair Market by End-User
6.1 Electric Wheelchair Market Snapshot and Growth Engine
6.2 Electric Wheelchair Market Overview
6.3 Elderly
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Elderly: Geographic Segmentation Analysis
6.4 Disabled
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Disabled: Geographic Segmentation Analysis
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Electric Wheelchair Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 MATSUNAGA MANUFACTORY CO
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 LTD
7.4 MIKI KOGYOSHO CO
7.5 LTD
7.6 NISSIN MEDICAL INDUSTRIES CO
7.7 LTD
7.8 MEYRA GROUP
7.9 OTTOBOCK SE & CO KGAA
7.10 INVACARE CORPORATION
7.11 PRIDE MOBILITY PRODUCTS CORP
7.12 SUNRISE MEDICAL LLC
7.13 KARMA MEDICAL PRODUCTS CO
7.14 LTD
7.15 PERMOBIL AB
7.16 OTHER MAJOR PLAYERS
Chapter 8: Global Electric Wheelchair Market By Region
8.1 Overview
8.2. North America Electric Wheelchair Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Centre Wheel Drive Electric Wheelchair
8.2.4.2 Front Wheel Drive Electric Wheelchair
8.2.4.3 Rear
8.2.4.4 Wheel Drive Electric Wheelchair
8.2.4.5 Standing Electric Wheelchair
8.2.5 Historic and Forecasted Market Size By Contril Type
8.2.5.1 Joystick Controlled
8.2.5.2 Remote Controlled
8.2.5.3 Switch Controlled
8.2.6 Historic and Forecasted Market Size By End-User
8.2.6.1 Elderly
8.2.6.2 Disabled
8.2.6.3 Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Electric Wheelchair Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Centre Wheel Drive Electric Wheelchair
8.3.4.2 Front Wheel Drive Electric Wheelchair
8.3.4.3 Rear
8.3.4.4 Wheel Drive Electric Wheelchair
8.3.4.5 Standing Electric Wheelchair
8.3.5 Historic and Forecasted Market Size By Contril Type
8.3.5.1 Joystick Controlled
8.3.5.2 Remote Controlled
8.3.5.3 Switch Controlled
8.3.6 Historic and Forecasted Market Size By End-User
8.3.6.1 Elderly
8.3.6.2 Disabled
8.3.6.3 Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Electric Wheelchair Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Centre Wheel Drive Electric Wheelchair
8.4.4.2 Front Wheel Drive Electric Wheelchair
8.4.4.3 Rear
8.4.4.4 Wheel Drive Electric Wheelchair
8.4.4.5 Standing Electric Wheelchair
8.4.5 Historic and Forecasted Market Size By Contril Type
8.4.5.1 Joystick Controlled
8.4.5.2 Remote Controlled
8.4.5.3 Switch Controlled
8.4.6 Historic and Forecasted Market Size By End-User
8.4.6.1 Elderly
8.4.6.2 Disabled
8.4.6.3 Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Electric Wheelchair Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Centre Wheel Drive Electric Wheelchair
8.5.4.2 Front Wheel Drive Electric Wheelchair
8.5.4.3 Rear
8.5.4.4 Wheel Drive Electric Wheelchair
8.5.4.5 Standing Electric Wheelchair
8.5.5 Historic and Forecasted Market Size By Contril Type
8.5.5.1 Joystick Controlled
8.5.5.2 Remote Controlled
8.5.5.3 Switch Controlled
8.5.6 Historic and Forecasted Market Size By End-User
8.5.6.1 Elderly
8.5.6.2 Disabled
8.5.6.3 Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Electric Wheelchair Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Centre Wheel Drive Electric Wheelchair
8.6.4.2 Front Wheel Drive Electric Wheelchair
8.6.4.3 Rear
8.6.4.4 Wheel Drive Electric Wheelchair
8.6.4.5 Standing Electric Wheelchair
8.6.5 Historic and Forecasted Market Size By Contril Type
8.6.5.1 Joystick Controlled
8.6.5.2 Remote Controlled
8.6.5.3 Switch Controlled
8.6.6 Historic and Forecasted Market Size By End-User
8.6.6.1 Elderly
8.6.6.2 Disabled
8.6.6.3 Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Electric Wheelchair Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Centre Wheel Drive Electric Wheelchair
8.7.4.2 Front Wheel Drive Electric Wheelchair
8.7.4.3 Rear
8.7.4.4 Wheel Drive Electric Wheelchair
8.7.4.5 Standing Electric Wheelchair
8.7.5 Historic and Forecasted Market Size By Contril Type
8.7.5.1 Joystick Controlled
8.7.5.2 Remote Controlled
8.7.5.3 Switch Controlled
8.7.6 Historic and Forecasted Market Size By End-User
8.7.6.1 Elderly
8.7.6.2 Disabled
8.7.6.3 Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Electric Wheelchair Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7.73 Bn. |
Forecast Period 2024-32 CAGR: |
9.32 % |
Market Size in 2032: |
USD 15.78 Bn. |
Segments Covered: |
By Type |
|
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By Control Type |
|
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By End User |
|
||
By Region |
|
||
Key Market Drivers: |
|
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Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Electric Wheelchair Market research report is 2024-2032.
Japan (Matsunaga Manufactory Co., Ltd, Miki Kogyosho Co., Ltd, Nissin Medical Industries Co., Ltd), Germany (Meyra Group, Ottobock Se & Co Kgaa), United States (Invacare Corporation, Pride Mobility Products Corp, Sunrise Medical (U.S.) LLC), Taiwan (Karma Medical Products Co., Ltd), Sweden (Permobil AB), and Other Major Players.
The Electric Wheelchair Market is segmented into by Type (Centre Wheel Drive Electric Wheelchair, Front Wheel Drive Electric Wheelchair, Rear, Wheel Drive Electric Wheelchair, Standing Electric Wheelchair), by Contril Type (Joystick Controlled, Remote Controlled, Switch Controlled), End-User (Elderly, Disabled, Others). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The Electric wheelchair market can therefore be described as the global market which is involved in the production, distribution, and sales of motorized wheelchairs with a powered electric motor. These are mobility assistive wheelchairs for the physically disabled or those who experience limited movement. The market includes mid-wheel drive electric wheelchairs, front-wheel drive, rear-wheel drive, and standing models for home, hospitals, and clinic purpose depending on the individual preference. Prominent market vendors are spread across the world supplying their products to various consumer segments in North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Electric Wheelchair Market Size is Valued at USD 7.73 Billion in 2024, and is Projected to Reach USD 15.78 Billion by 2032, Growing at a CAGR of 9.32% From 2024-2032.