Powering the Future: Electric Wheelchair Market Forecast to 2032

Electric Wheelchair Market size is expected to reach USD 6.5 billion by 2032 at 6.9% CAGR during the forecast period 2023-2032.

The Electric Wheelchair Market has witnessed remarkable growth in recent years, driven by advancements in mobility technology and a growing aging population with a demand for enhanced accessibility. One of the key segments within this market is the Powered Wheelchair category, which includes electric mobility devices designed to provide independent mobility to individuals with limited or no motor function. These innovative devices have become a crucial element in improving the quality of life for people with disabilities.

Powered Wheelchairs, also known as Electric Mobility Devices, are equipped with electric motors and rechargeable batteries, allowing users to manoeuvre effortlessly with the push of a button. This technology has significantly enhanced the mobility and independence of individuals with mobility impairments, offering them the freedom to navigate various environments with ease. The demand for Powered Wheelchairs has surged due to an increased focus on inclusive design, rising awareness of accessibility issues, and a growing elderly population globally.

As the global population ages, the demand for Electric Wheelchairs is expected to continue its upward trajectory. The market is also influenced by the increasing prevalence of chronic conditions that affect mobility, thereby driving the adoption of Electric Mobility Devices. Governments and healthcare organizations are actively promoting the use of such devices, recognizing their role in fostering independence and improving the overall well-being of individuals with mobility challenges.

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Major Key Players:

MRFR recognizes the Electric Wheelchair Market Players are— GF Health Products, Inc. (US), Sunrise Medical (Germany), Quantum Rehab (US), Permobil AB (Sweden), Pride Mobility Products Corp (US), Invacare Corporation, Drive Medical (US), Ottobock (Germany), Levo AG (Switzerland), and Karman Healthcare, Inc. (US).

Segment Analysis

MRFR’s report of the global electric wheelchair market has an in-depth eye on segmentation that can impact the market in the coming years. Such a segmentation has its roots in the value-wise and volume-wise analysis of factors that can impact of the market.

Based on the electric wheelchair types, the automated wheelchair market comprises electric outdoor chair, electric indoor chair, center wheel drive chair, dual-purpose chair, front wheel drive chair, rear wheel drive chair, standing electric wheelchair, and others. The electric indoor chair segment has substantial market coverage. In many countries, lack of outdoor infrastructure can put some restraints on the expected market growth.

Based on the end-use, the electric wheelchair market comprises home care settings, hospitals/clinics, and others. The home care settings market is gaining remarkable coverage with many patients are looking for recovery from such setups.

Regional Analysis

Global Electric Wheelchair Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas led the market and accounted for the largest share in 2019. The technological advancement in the electric wheelchair with attachment of gadgets for control and accessibility majorly drive the market growth. Also, the rise in purchasing power, increasing geriatric population, and inclination towards more refined technology have been driving the progress of the electric wheelchair market in the region.

The European electric wheelchair market has been further segmented into Western Europe and Eastern Europe. The Western Europe electric wheelchair market has further been classified into Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. Europe held the second-largest position in the electric wheelchair market with a market share of 29.3% in 2019 and anticipated to witness significant growth over the forecast period due to a higher number of patients and the availability of products in the region. Europe is also expected to have high growth in the electric wheelchair market, owing to the rising number of physically challenged people in the region.

Asia Pacific is anticipated to register the highest growth rate with a CAGR value of 8.5% over the forecast period from 2020 to 2032. According to the United Nations, across Asia, the number of people age 65 and above is expected to grow dramatically over the next 50 years. Moreover, the increasing disposable income of middle-class families, which accounts for a large population in Asia, encouraging them to spend more on health, is driving the growth of the electric wheelchairs market in the region.

The Middle East & Africa electric wheelchair market is segmented into the Middle East and Africa. The growth of the electric wheelchair market in the Middle East and Africa is growing steadily in the past few years. Increasing the prevalence of orthopedics disorders and funding by private players and government bodies is propelling the market growth in this region.

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