Electric wheelchairs are specially designed chairs equipped with rechargeable batteries and a tiller/joystick that allow users to maneuver independently. These wheelchairs offer mobility for people with disabilities or those who face difficulties in walking or standing. They provide independence, comfort and easy handling for users as compared to a manual wheelchair which requires physical effort to move. Some key features of electric wheelchairs include ergonomic seats, arm-leg rests, tilting systems, lighting systems, anti-tip wheels etc. The Global Electric Wheelchair Market is estimated to be valued at US$ 8.71 Billion in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the electric wheelchair market are Invacare Corporation, Sunrise Medical (US) LLC, Permobil Inc., Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Hoveround Corporation, Ottobock Healthcare, 21st Century Scientific, Inc., Meyra GmbH, LEVO AG, Merits Co. Ltd., Segway Inc., Scewo, GF Health Products Inc., Karman Healthcare, Inc., KYMCO Healthcare, SOWECARE B.V, and Nanjing Jin Bai He Medical Apparatus Co., Ltd.
The growing geriatric population and rising prevalence of mobility disabilities globally are driving the demand for electric wheelchairs. According to WHO, over 1 billion people representing about 15% of the world's population experience some form of disability. This number is expected to increase significantly over the coming decades.
Technological advancements in the electric wheelchairs market have improved functionality, performance and design of these mobility aids. Adoption of lithium-ion batteries have increased operating range and lifespan of electric wheelchairs. Additionally, integration of technologies such as customized seating options, anti-tippers, obstacle detectors etc. are enhancing safety, comfort and maneuverability of electric wheelchairs.
Market Trends
Lightweight and portable electric wheelchairs: Manufacturers are developing ultra-lightweight and foldable electric wheelchairs to improve portability and storage. These chairs weigh less than 36 lbs and can be easily transported in vehicles.
Integration of connectivity technologies: Leading players are integrating connectivity features such as Bluetooth, Wi-Fi etc. in electric wheelchairs to offer benefits like remote monitoring and controlling. This allows family members and caregivers to track location and status of users.
Market Opportunities
Growing demand for sports wheelchairs: There is increasing demand for specialized electric wheelchairs for sports such as basketball, rugby etc. These sports chairs are ergonomically designed for optimal performance and maneuverability on the field.
Personalization through 3D printing: 3D printing technologies offer opportunities for personalized customization of electric wheelchairs components such as armrests, joysticks etc. based on body structure and needs of individual users.
Impact of COVID-19 on Electric Wheelchair Market
The COVID-19 pandemic has significantly impacted the growth of the electric wheelchair market. During the initial phase of the pandemic, there was a decline in demand as production facilities and supply chains were disrupted due to lockdowns imposed across various countries. This led to reduced availability of electric wheelchairs. However, with growing awareness about the importance of social distancing and safety measures for the elderly and disabled population, the demand started to increase in the later stages of 2020 and 2021.
Companies started focusing on strengthening their online sales channels and home delivery services to overcome disruptions in the supply chain. Governments also started promoting the usage of assistive devices like electric wheelchairs to ensure mobility of high-risk groups while maintaining social distancing. The need for customized and advanced features like disinfection capabilities further boosted the market demand. With resumption of operations and relaxation of lockdowns, production volumes are increasing to meet the growing demand. However, rising costs of raw materials continue to pose challenges. Overall, the pandemic has accelerated digital transformation and raised awareness about inclusive mobility solutions in the electric wheelchair industry.
In terms of geographical concentration, North America dominates the electric wheelchair market in terms of value, accounting for over 40% share. This is owing to rising geriatric population, high adoption of advanced technology, and favorable reimbursement policies in countries like the US and Canada. Asia Pacific is the fastest growing region for the electric wheelchair market driven by increasing disability rates, growing health awareness, and improving access to assistive devices in China, India and other developing Asian countries.
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