Electric Wheelchair Market (By Product: Center Wheel Drive, Front Wheel Drive, Standing Electric Wheelchairs, Rear Wheel Drive; By End Users: Hospitals & Clinic, Home Care, Sports Conditioning; By Age Group: 60 years, 21 to <60 years, < 20 years) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033


The global electric wheelchair market size was estimated at USD 7.08 billion in 2023 and is estimated to reach around USD 17.22 billion by 2033, poised to grow at a CAGR of around 9.32% during the forecast period 2024 to 2033.

Electric Wheelchair Market Size 2024 to 2033

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Electric Wheelchair Market Key Takeaways

  • North America region has accounted highest revenue share 42.64% in 2023.
  • Asia-Pacific is expected to grow at a CAGR of 9.5% from 2024 to 2033.
  • The front wheel drive segment is expected to grow at a CAGR of 9.3% between 2024 to 2033.
  • The center wheel drive segment has garnered a revenue share of around 40% in 2023.

Electric Wheelchair Market Size in the U.S. 2024 To 2033

The U.S. electric wheelchair market size reached USD 2.12 billion in 2023 and is anticipated to be worth around USD 5.40 billion by 2033, poised to grow at a CAGR of 9.85% from 2024 to 2033.

U.S. Electric Wheelchair Market Size 2024 to 2033

On the basis of geography, the market has been dominated by the North American region as a result of the geriatric population residing in this region. The advanced healthcare facilities that are made available to the people by the government boosts the demand of modern equipments in the hospitals in order to remain updates at all times. Special attention is given to this category in the old age homes by providing the best possible services. The European countries form the next largest market for the electric wheelchair as a result of the rapid developments in the healthcare industry. With the increasing prevalence of road traffic accidents the demand for electric wheelchairs has also increased tremendously.

Asia Pacific Electric Wheelchair Market Size 2024 to 2033

Year Market Size (USD Billion)
2023 1.64
2024 1.80
2025 1.97
2026 2.16
2027 2.38
2028 2.62
2029 2.88
2030 3.18
2031 3.51
2032 3.87
2033 4.22

 

The Asia Pacific region has proved to be a potential market for the electric wheelchair as a result of the rapid advancements and developments seen in this sector. The tremendous increase in population of this region has increased the consumption of advanced facilities by the people. As a result of their growing disposable income people in the developing nations can afford such advanced technologies.

Electric Wheelchair Market Share, By Region, 2023 (%)

Electric Wheelchair Market Overview

The electric wheelchair mainly makes use of batteries and motors which help it to move from one place to another when supplied with electric power. For the purpose of movement, a joystick is usually used to select the direction in which the movement is desired. This is a machine which is propelled with the help of electric power in order to enable easy movement of the individual. A ball is another option which is provided with the electric wheelchair in order to facilitate movement will stop the motor of the electric wheelchair supplied with power through batteries or alternating current. Rapid increase in the market for electric wheelchair has been recorded as a result of the increasing demand of these advanced machines.

The increasing demand has also facilitated the requirement to develop new technologies. In order to make the electric wheelchairs more durable research and development is carried out rapidly by the key market players. An increasing demand to make the electric wheelchair sturdier in order to carry the obese individuals has encouraged the key market players to increase the total weight of the electric wheelchair. This in turn has a negative impact on the performance of the electric wheelchair which tends to consume more electric power in order to move from a stationary position. Rapid technological advances are experienced in order to make these automated machines an integral part of the society. With the increasing adoption of electric wheelchair, the need for individual caregivers has reduced to a great extent which helps the consumer to be independent and perform movement on their own will.

The introduction of artificial intelligence in the entire system of electric wheelchair has helped to increase the demand to a great extent. This also facilitates the demand in the healthcare sector where movement of the patient within the premises of the hospital becomes the responsibility of a special medical staff. With the introduction of artificial intelligence these wheelchairs can be operated by the disabled individual with the help of facial expressions. Individuals who have a higher degree of disability can also make use of this feature in order to perform movements independently. The occurrence of the pandemic had a significant impact on the electric wheelchair market as a result of the restricted movements and constant lockdowns which were imposed by the government all over the world. The awareness regarding the advancements in the system and availability of automated machines was hampered which affected the growth of the market tremendously. The demand and supply chain was hampered as a result of the lack of transportation facilities and consumers. The aftersales service was also hampered to a great extent as a result of the lockdown. In case of a technical malfunction the management of the electric wheelchair becomes difficult for the disabled person which hampers the growth of the market.

Electric Wheelchair Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 9.32%
Market Size in 2023 USD 7.08 Billion
Market Size by 2033 USD 17.22 Billion
Growth Rate from 2024 to 2033 CAGR of 9.32%
Largest Market North America
Base Year 2023
Segments Covered By Product, By End Users, and By Age Group
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Electric Wheelchair Market Growth Factors

  • The increasing geriatric population
  • The introduction of artificial intelligence with the automated wheelchairs has helped to increase the client base of the market to a great extent.
  • The use of facial expressions in order to of the electric wheelchair proves to be a great opportunity for the market.
  • As a result of the increasing demand of the electric wheelchair in the healthcare system the market is expected to present a tremendous revenue return during the forecast period.
  • The increasing demand for comfort in the electric wheelchair sector has facilitated the rapid research and development performed by the key market players.
  • Along with comfort the requirement for safety has also been taken care of by the key market players in order to support the growth of the market.
  • The electric wheelchairs are monitored with the help of artificial intelligence the requirement for advanced safety system becomes a prime factor for the growth of the market. 

With the rapidly increasing geriatric population all over the world as a result of the improved medical facilities and treatment, the demand for electric wheelchairs has seen a tremendous growth during the recent times. The lucrative offers and advantages which are provided by the government in order to boost the demand for electric wheelchairs has helped to support the market growth to a great extent. Expressions such as raising of the eyebrows and movement of the tongue are recorded by the artificial intelligence system in order to facilitate a movement in the required direction. Around 15% of the population all over the world suffer with some type of disability. As a result of this people are dependent on the caregivers for performing movements. This dependent population proves to be the driving force for the growth of the market.

The occurrence of the pandemic had a major impact as a result of its severe symptoms. A huge number of people found it difficult to walk long distances after being affected by the pandemic which facilitated the use of electric wheelchairs. In order to provide better facilities to the patients in the hospitals and health care centers make use of such advanced wheelchairs which proved to be beneficial for the patient. It has also improved the levels of safety while transferring a patient from a particular location to another. The old age homes also proved to be or driving force for the growth of the market as a result of the rapid increase in the people belonging to the geriatric population. The use of electric wheelchairs has also been experienced in the orthopedic hospitals where movement becomes a great question. The huge number of orthopedic and joint replacement surgeries have helped to boost the market for the electric wheelchair during the present times. These multiple reasons proved to be the growth factors for the market during the forecast period.

Product Insights

On the basis of product type, the center wheel drive type of segment has dominated the segment as a result of its multipurpose usage and multi-dimensional approach. It assists in movement of all the wheels with equal torque which helps to maintain better balance and stability of the wheelchair. it also proves to be more durable as compared to the other types of systems. It provides a small radius while turning the wheelchair. The weight of the front tire is very light and it has an ability to move around narrow pathways which makes it easy to use.

Electric Wheelchair Market Share, By Product, 2022 (%)

The front wheel drive type records the fastest growth as a result of its rapid sales in the market. It provides more power efficiency as a result of its mechanism. The weight of the front wheels is quite heavy due to the mechanism it follows. The rear-wheel-drive type of mechanism forms the next segment that records a considerable growth in the market during the forecast period.

End Users Insights

On the basis of end user, the market has been dominated by the hospital segment as a result of the rapid demand and supply which is experienced in this sector. Patient usually visit a hospital after the occurrence of any accident or disability. This becomes the first place where the patient is suggested for using of a wheelchair. Hence, the hospitals become a potential market for the supply of the electric wheelchair segment. these products are also extensively used in order to transfer and shift the patients from one place to another to provide maximum comfort and safety to the patient. The strict guidelines which are formulated for the standardization of hospitals and health care centers have boosted the sales and demand of electric wheelchairs in the market.

The home care segment forms the next fastest growing market as a result of the presence of the geriatric population in the society which usually stays at home or old age centers where special attention and care is provided. The caregivers make use of these advanced machines in order to provide maximum comfort and safety to the patients who or at a greater risk of injury pertaining to their health condition. The clinics and smaller healthcare centers forms the last segment.

Electric Wheelchair Market Recent Developments

  • In February 2022 – the e-fix eco, which is a power assisted device of the next generation has been introduced by the Invacare Corp. The introduction of this new device helps to transform a normal wheelchair which is regularly used into oh power wheelchair which is portable with the help of a joystick. The use of in wheel motors and batteries have been observed in this device.
  • In January 2022 – Invacare AVIVA STORM RX which is a powered wheelchair having a narrow base was introduced by the Invacare Corp. this is a new model which was introduced by the company in order to offer multiple advanced features as compared to its previous standard version launched in the market.

Electric Wheelchair Market Companies

  • Matsunaga Manufactory Co., Ltd
  • Meyra Group
  • Invacare Corporation
  • Karma Medical Products Co., Ltd
  • Miki Kogyosho Co., Ltd
  • Nissin Medical Industries Co., Ltd
  • Pride Mobility Products Corp
  • Sunrise Medical (U.S.) LLC
  • Ottobock Se & Co Kgaa
  • Permobil AB

Segments covered in the report

By Product

  • Center Wheel Drive
  • Front Wheel Drive
  • Standing Electric Wheelchairs
  • Rear Wheel Drive

By End Users

  • Hospitals & Clinic
  • Home Care
  • Sports Conditioning

By Age Group

  • 60 years
  • 21 to <60 years
  • < 20 years

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

What is the current size of electric wheelchair market?
The global electric wheelchair market size was accounted at USD 7.08 billion in 2023 and it is projected to hit around USD 17.22 billion by 2033.
What will be the CAGR of global electric wheelchair market?
The global electric wheelchair market is poised to grow at a CAGR of 9.32% from 2024 to 2033.
Who are the prominent players operating in the electric wheelchair market?
The major players operating in the electric wheelchair market are Matsunaga Manufactory Co., Ltd, Meyra Group, Invacare Corporation, Karma Medical Products Co., Ltd, Miki Kogyosho Co., Ltd, Nissin Medical Industries Co., Ltd, Pride Mobility Products Corp, Sunrise Medical (U.S.) LLc, Ottobock Se & Co Kgaa, Permobil AB
Which are the driving factors of the electric wheelchair market?
The rapidly rising cases of high velocity accidents in the developed nations has also propelled the demand for automated electric wheelchairs. The hospital sector proves to be a great driving force for the growth of the market.
Which region will lead the global electric wheelchair market?
North America region will lead the global electric wheelchair market during the forecast period 2024 to 2033.

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