The global electric wheelchair market is anticipated to grow at a CAGR of around 9.2% during the forecast period 2023-2029. One of the main factors people choose power wheelchairs over manual wheelchairs is the increased comfort and mobility solutions provided by them. The major factor that is augmenting the market is the large patient base requiring wheelchair due to several diseases such as spinal cord injury, polio, hepatitis C and so on. Besides, the increasing number of accidents causing permanent disability of legs, rising geriatric population is accompanied by decrease the functionality of organ systems resulting in dependency for day-to-day activities, are also the factors that are propelling the growth of the market. For instance, joint pain causes by arthritis limits leg and lower body mobility, resulting in locomotion restrictions. According to the World Health Organization (WHO), it is estimated that the population above 60 years will almost double from 12% to 22% by 2050, across the globe.
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The global electric wheelchair market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, and Others), and the Rest of the World (the Middle East and Africa, and Latin America). North America region holds the major share in the market and is expected to continue during the forecast period. The high purchasing power of electric wheelchairs and technology advancements are expected to drive the growth of the market in the region. The electric wheelchair industry has seen technical progress with the addition of devices that are fitted with control and accessibility gadgets.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Electric Wheelchair Market Report Segment
By Age Group
- Adult Power Wheelchair
- Pediatric Power Wheelchair
By Drive System
- Front-Wheel Drive
- Rear Wheel Drive
- Others (Center Wheel Drive)
By End-User
- Homecare
- Hospitals & Clinics
- Others (Airports and Railway Stations)
Global Electric Wheelchair Market Report Segment by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global electric wheelchair market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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