Global Electric Wheelchair Market Size, Share & Industry Trends Analysis Report By Application, By Product Type (Center Wheel Drive, Front Wheel Drive, Standing, Rear Wheel Drive, and Others), By Regional Outlook and Forecast, 2023 - 2030

Global Electric Wheelchair Market Size, Share & Industry Trends Analysis Report By Application, By Product Type (Center Wheel Drive, Front Wheel Drive, Standing, Rear Wheel Drive, and Others), By Regional Outlook and Forecast, 2023 - 2030

The Global Electric Wheelchair Market size is expected to reach $6.8 billion by 2030, rising at a market growth of 8.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,682.5 thousand units, experiencing a growth of 8.8% (2019-2022).

Front-wheel-drive electric wheelchairs are known for their enhanced maneuverability. The front-wheel configuration allows easier navigation in tight spaces, making them well-suited for indoor use. Therefore, the front wheel drive segment will capture 22.3% share in the market by 2030. Users can maneuver through doorways, corridors, and other confined spaces more efficiently than drive configurations. Therefore, the segment will expand rapidly in the upcoming years. Some of the factors impacting the market are growth of global aging population, increasing cases of disabilities globally, and high cost of acquisition and maintenance.

As individuals age, there is a natural progression in the prevalence of mobility challenges. Conditions such as arthritis, osteoporosis, and other age-related issues can affect an individual's ability to walk or move freely. These wheelchairs become essential for those experiencing limitations in physical mobility, providing a reliable and convenient means of transportation. These play a crucial role in enabling seniors to maintain independence. Additionally, the global prevalence of disabilities is on the rise, encompassing a wide range of conditions. This includes physical disabilities resulting from injuries, degenerative diseases, and health issues associated with aging. Whether temporary or permanent, injuries often necessitate mobility assistance during rehabilitation. These offer a practical solution for individuals recovering from injuries, enhancing their mobility and independence throughout the recovery period. These aspects will propel their demand in the upcoming years.

However, it often come with a high initial price tag. These devices' advanced technology, features, and engineering contribute to their relatively expensive nature. For individuals with limited financial resources, the upfront cost can be a significant barrier to acquiring these. While these offer enhanced mobility but require regular maintenance to ensure optimal performance. Maintenance expenses, including repairs and replacement of parts, can add to the overall cost of ownership. These aspects will restrain the growth of the market in the coming years.

The market, like many other industries, experienced disruptions in the supply chain. Lockdowns, travel restrictions, and manufacturing shutdowns in different parts of the world affected the production and distribution. Delays in the supply chain had implications for manufacturers, distributors, and end-users. As a result of the pandemic, consumer priorities shifted to place a greater emphasis on health and safety. While individuals with mobility challenges continued to rely on these wheelchairs, there were delays or hesitations in purchasing decisions due to economic uncertainties and concerns about exposure to the virus.

Application Outlook

On the basis of application, the market is bifurcated into home care settings and hospitals & clinics. In 2022, the hospitals and clinics segment witnessed a substantial revenue share in the market. Government initiatives aimed at improving accessibility and mobility for people with disabilities can impact their adoption in healthcare facilities. Reimbursement policies and insurance coverage for these can influence the decision of hospitals and clinics to provide these devices to patients. These aspects will pose lucrative growth prospects for the segment.

Product Type Outlook

Based on product type, the market is segmented into center wheel drive, front wheel drive, standing, rear wheel drive, and others. The center wheel drive segment held the largest revenue share in the market in 2022. Center wheel drive electric wheelchairs are known for their superior maneuverability. With the drive wheel positioned at the center of the wheelchair, users can easily navigate tight spaces, turn in place, and achieve a smaller turning radius than other drive configurations. This makes them particularly suitable for indoor use in homes, offices, and shopping malls.

Regional Outlook

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured the highest revenue share in the market in 2022. North America has a rapidly aging population, with many elderly individuals facing mobility challenges. As people age, the prevalence of mobility-related conditions increases, driving the demand for assistive devices such as these. The region has a relatively high prevalence of disabilities, including both congenital and acquired disabilities.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Sunrise Medical, Inc., Karman Healthcare, Inc., Dane Technologies, Pride Mobility Products Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), Ottobock SE & Co. KGaA, GF Health Products, Inc., Golden Technologies, and Meyra Group GmbH.

Strategies Deployed in the Electric Wheelchair Market

Oct-2023: Sunrise Medical, Inc. completed the acquisition of Ride Designs, a manufacturer of custom wheelchair seating cushions. Through this acquisition, Sunrise Medical enhanced its product offerings in terms of custom seating and service capabilities.

Mar-2023: Drive DeVilbiss Healthcare launched the UltraFold Auto Folding Scooter to enhance its Drive product portfolio. The new product has a four-wheel model with a combination of contemporary design and comfort. Additionally, the new product has a slimline design, an automatic speed assist to control speed while cornering, and modern twin LED headlights.

Sep-2022: Sunrise Medical, Inc. has completed the acquisition of The Helping Hand Company, a manufacturing company specializing in independent living, and NowTechnologies Zrt., a company providing affordable solutions to people with disabilities. Through this acquisition, Sunrise Medical enhanced its position in the global supply chain. Additionally, Sunrise Medical improved its product offerings for its customers.

2022-Jul: Sunrise Medical, Inc. introduced the QUICKIE ACCESS, a knee-pivot manual wheelchair. The new product has the features of independent propelling and the advantages of reclining and tilt. Additionally, the new product allows users to sit in multiple positions and provides a hand or foot propeller for independent movements.

May-2022: Invacare Corporation launched the Birdie Evo XPLUS, a device used for lifting patients during post-acute care. The new product provides more comfort and security when transferring a patient to or from a bed or chair.

Aug-2021: Invacare Corporation introduced the Invacare AVIVA STORM RX power wheelchair, a better solution for rear-wheel-drive power mobility. The new product enhances the product portfolio of Invacare and provides a better solution for customers.

Mar-2020: Invacare Corporation unveiled the Invacare AVIVA FX Power Wheelchair. The new product has an open-stack design, which therefore allows the parts of the wheelchair to be easily removed. Additionally, the new product offers customers a product with innovative front-wheel drive power mobility.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)

• Home Care Settings
• Hospitals & Clinics

By Product Type (Volume, Thousand Units, USD Billion, 2019 to 2030)

• Center Wheel Drive
• Front Wheel Drive
• Standing
• Rear Wheel Drive
• Others

By Geography (Volume, Thousand Units, USD Billion, 2019 to 2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Invacare Corporation
• Sunrise Medical, Inc.
• Karman Healthcare, Inc.
• Dane Technologies
• Pride Mobility Products Corporation
• Drive DeVilbiss Healthcare (Medical Depot, Inc.)
• Ottobock SE & Co. KGaA
• GF Health Products, Inc.
• Golden Technologies
• Meyra Group GmbH

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