Electric & Non-electric Wheelchair Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024-2030
Electric and Non-Electric Wheel Chair Market Overview
The Electric and Non-Electric Wheel Chair Market is forecast to reach $9.1 Billion by 2030, growing at a CAGR of 10.2% during the forecast period 2024-2030. The growth of the Electric and Non-Electric Wheel Chair Market can be attributed to increasing applications of Electric wheelchairs in homes, hospitals, rehab centers, sports and athletics, and others. The Electric and Non-Electric Wheel Chair Market is anticipated to rise with the adoption of new technologies such as AI in the manufacture of self-driving electric wheelchairs for airport passengers, sports, and other applications.
The electric wheelchair market is witnessing a surge in technological advancements, enhancing user experience and mobility. Customization options, such as adjustable seating and control features, are gaining popularity. Smart connectivity, lightweight designs, and sustainable solutions are key trends, catering to users' evolving needs. Improved battery technology, coupled with a focus on eco-friendly materials, contributes to the market's growth. As the global aging population expands, the demand for innovative, accessible, and connected electric wheelchairs continues to rise, driving the industry toward a more inclusive and advanced future. In the electric wheelchair market, a prominent trend is the integration of smart connectivity features. Electric wheelchairs are increasingly equipped with Bluetooth connectivity, mobile apps, and remote-control options, providing users with enhanced control and convenience. This evolution in technology not only improves user experience but also reflects a broader shift towards incorporating intelligent, connected solutions in assistive devices. As the demand for more accessible and user-friendly mobility solutions grows, smart connectivity remains a pivotal element shaping the future of electric wheelchairs.
Electric and Non-Electric Wheel Chair Market Report Coverage
The report: “Electric and Non-Electric Wheel Chair Market – Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Electric and Non-Electric Wheel Chair Market.
By Type: Electric Wheel Chair (Centre Wheel Drive Electric Wheel Chair, Front Wheel Drive Electric Wheel Chair, Standing Electric Wheel Chair, Rear Wheel Drive Electric Wheel Chair, Others), Non-Electric Wheel Chair
By End User: Hospitals, Rehab Centers, Home, Sports and Athletics, Others.
By Geography: North America, South America, Europe, Asia-Pacific (APAC), Rest of World (RoW)
Key Takeaways
• The Electric and Non-Electric Wheel Chair Market is a consolidated market with the top 5 players accounting for a market share of 65.2% in 2023.
• Center Wheel Drive Electric Wheel Chair is the fastest-growing type and has a major share in the market owing to the high adoption of these chairs in homes by disabled and old age people.
• Geographically, North America holds a major share owing to an increase in the advanced medical care facilities and healthcare expenditure
• The adoption of electric wheelchairs by patients suffering from spinal cord injury, physical disability people, and elderly population is set to drive the electric wheelchairs market.
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Electric and Non-Electric Wheel Chair Market Segment Analysis - By Type
The electric wheelchair market is gaining prominence owing to the high adoption of central wheel drive electric wheelchairs in homes, hospitals, and rehab centers. Centre Wheel Drive Electric Wheel Chair held a major share of 34% in 2023 of the global Electric and Non-Electric Wheel Chair Market and is expected to grow with a CAGR of 13.7% during 2024-2030. These electric wheelchairs position their wheeldrive directly below the user’s center of gravity and have small turning circumferences, providing better movement in indoor areas. Additionally, it offers six wheels that facilitate stability on uneven surfaces such as slopes, rugged terrains, and others. Movement of electric wheelchairs in small doorways and narrow spaces is much easier with a center-wheel drive electric wheelchair.
Electric and Non-Electric Wheel Chair Market Segment Analysis - By End User
The Electric and Non-Electric Wheel Chair in-home application held a major share with 49% and is poised to grow at a CAGR of 11.8% during 2024-2030. The adoption of electric wheelchairs in home applications is increasing due to high usage by disabled people and the elderly population. According to United Nations Statistics, Globally, the proportion of people 65 and older is predicted to increase from 10% in 2023 to 16% in 2050. Also in 2023, women made up 55.7% of people 65 years of age or older worldwide. The growing elderly population and people with disabilities are set to increase the adoption of electric wheel wheelchairs, as these chairs are suitable to drive on an inclined plane, soft terrains, grass, or uneven gravel with less requirement of human effort when compared to manual wheel chairs.
Electric and Non-Electric Wheel Chair Market Segment Analysis - By Geography
North America holds a major share of 32% in the Electric and Non-Electric Wheel Chair Market and the usage of Electric wheelchairs has been increasing in hospitals and homes owing to a rise in advanced healthcare facilities. According to the Population Reference Bureau, it is predicted that the number of Americans 65 and older will climb by 47%, from 58 million in 2023 to 82 million in 2050, and that their proportion of the overall population will increase from 17% to 23%. Data from 2023 show that there are approximately 58 million adults in the United States who are 65 years of age or older, making up 17.3% of the total population. Advanced healthcare facilities and high adoption of electric wheelchairs by disabled and aged people in the U.S., Canada and Mexico are set to drive the demand for electric wheelchairs in the North American region.
Electric and Non-Electric Wheel Chair Market Drivers
Enhancements in Technological Advancements
The adoption of AI (Artificial Intelligence) in the manufacturing of electric wheelchairs has become a trend in recent years. The AI-integrated electric wheelchair combines an eye-tracking system and LiDAR (Light Detection and Ranging) technology which is used to generate a 360-degree map of the user’s environment. The eye tracker in the wheelchair will input the eye moments to the AI and then the AI program defines the movement of the wheelchair and guide the chair to avoid obstacles. The adoption of AI by OEMs in the manufacturing of electric wheelchairs has been attracting customers and it is poised to drive the electric wheelchairs market.
Growing Demand for Advanced Electric Wheel Chairs from the Sports Industry
Electric wheelchairs are used in sports activities such as power wheelchair football, power wheelchair hockey and others. For instance, in 2023, those hosting Over 300 wheelchair basketball players from around the world, representing 16 men's and 12 women's teams, will gather in the United Arab Emirates for the showcase tournament, which will span twelve days of competition. In October 2023, the world's top inventor in daily wheelchairs and made-to-measure sports, RGK Wheelchairs, announced its cooperation with the International Wheelchair Basketball Federation (IWBF). The wheelchair races at the 2022 London Marathon will be the richest in history owing to a $57,800 increase in the total prize fund. All these factors are contributing to the growth of the market.
Electric and Non-Electric Wheel Chair Market Challenges
High Cost of Electric Wheel Chairs
The high cost of electric wheelchairs with respect to manual wheelchairs is poised to pose a tough challenge to market growth, in developing economies where healthcare expenditures are prominently lower than the developed economies. But apart from the initial cost, there are other costs related to the maintenance of electric mobility aids such as battery maintenance, servicing, and others for uninterrupted operation. This impedes the adoption of electric wheelchairs.
Stringent Regulations and Standards
The increasing stringency on quality assurance of electric wheelchairs for uncompromised safety and operation is also analyzed to be a constraint to the market growth. The new entrants or new products so developed must be in compliance with the regulations such as before its introduction into the market. This poses a significant challenge for market growth as the new products must be in compliance with several safety regulations, thereby increasing its cost and hindering its adoption.
Market Landscape
As of 2023, the market for the Wheel Chairs market was consolidated with the top 5 players accounting for 65.16% of the market share. Major players in the Electric Wheel wheelchair market include Invacare Corp, Sunrise Medical Corp, Drive DeVilbiss Healthcare, Hoveround Corp, and Permobil AB among others. Acquisitions of the companies and product development are the key strategies of the players in the Electric and Non-Electric Wheel Chair Market.
Partnerships/Mergers/Acquisitions
• In January 2022, The Invacare Corporation launched the Invacare® AVIVA® STORM RXTM rear-wheel drive power wheelchair in a new, more compact model.
• In July 2022, A $14.8 million Series B funding round was secured by a Chinese business developing smart wheelchairs. An intelligent wheelchair by Bang Robotics. About 110 patents, including three foreign ones, have been obtained by the startup thus far.
Electric and Non-Electric Wheel Chair Market Research Scope:
The base year of the study is 2023, with forecasts done up to 2030. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the Electric and Non-Electric Wheel Chair Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Electric and Non-Electric Wheel Chair Market, and their specific applications in hospitals, rehab centers, sports and athletics, homes, and airports.
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1. Electric and Non-Electric Wheel Chair Market - Overview
1.1. Definitions and Scope
2. Electric and Non-Electric Wheel Chair Market - Executive Summary
3. Electric and Non-Electric Wheel Chair Market –Comparative Analysis
3.1. Company Benchmarking – Key Companies
3.2. Financials Analysis–Key Companies
3.3. Market Share Analysis- Key Companies
3.4. Patent Analysis - Global
3.5. Pricing Analysis–Average Pricing
4. Electric and Non-Electric Wheel Chair Market – Startup companies Scenario Premium
4.1. Investments
4.2. Revenue
4.3. Venture Capital and Funding Scenario
5. Electric and Non-Electric Wheel Chair Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
6. Electric and Non-Electric Wheel Chair Market - Forces
6.1. Market Drivers
6.2. Market Constraints & Challenges
6.3. Porters Five Force Model
6.3.1. Bargaining power of suppliers
6.3.2. Bargaining powers of customers
6.3.3. Threat of new entrants
6.3.4. Rivalry among existing players
6.3.5. Threat of substitutes
7. Electric and Non-Electric Wheel Chair Market - Strategic Analysis
7.1. Value Chain Analysis
7.2. Opportunities Analysis
7.3. Market Life Cycle Analysis
8. Electric and Non-Electric Wheel Chair Market - By Type
8.1. Electric Wheel Chair
8.1.1. Centre Wheel Drive Electric Wheelchair
8.1.2. Front Wheel Drive Electric Wheelchair
8.1.3. Standing Electric Wheelchair
8.1.4. Rear Wheel Drive Electric Wheelchair
8.1.5. Others
8.2. Non-Electric Wheel Chair
9. Electric and Non-Electric Wheel Chair Market - By End User
9.1. Hospitals
9.1.1. Patient Transfer
9.1.2. Pelvic Positioning
9.1.3. Upper Body Positioning
9.1.4. Lower Body Positioning
9.2. Rehab Centers
9.3. Home
9.3.1. Manual Mobility
9.3.2. Powered Mobility
9.3.3. Corpus Seating
9.4. Sports and Athletics
9.4.1. Motocross racing
9.4.2. Basketball
9.4.3. Rugby
9.4.4. Wheelchair Curling
9.4.5. Lawn Tennis
9.4.6. Others
10. Electric and Non-Electric Wheel Chair Market - By Geography
10.1. North America
10.1.1. U.S.
10.1.2. Canada
10.1.3. Mexico
10.2. Europe
10.2.1. U.K.
10.2.2. Germany
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. South Korea
10.3.4. India
10.3.5. Australia
10.3.6. New Zealand
10.3.7. Rest of Asia-Pacific
10.4. South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Chile
10.4.4. Colombia
10.4.5. Rest of South America
10.5. Rest of the World
10.5.1. Middle East
10.5.2. Africa
11. Electric and Non-Electric Wheel Chair Market – Entropy
11.1 New product launches
11.2 M&A’s, collaborations, JVs and partnerships
11.2 M&A’s, collaborations, JVs and partnerships
12. Electric and Non-Electric Wheel Chair Market – Industry/Segment Competition Landscape
12.1. Market Share Analysis
12.1.1. Market Share by Region – Key companies
12.1.2. Market Share by Countries – Key Companies
12.2. Competition Matrix
12.3. Best Practices for Companies
13. Electric and Non-Electric Wheel Chair Market – Key Company List by Country Premium
14. Electric and Non-Electric Wheel Chair Market Company Analysis (Overview, Financials, Developments, Product Portfolio)
14.1. Invacare Corporation
14.2. OttoBock Healthcare GmbH
14.3. Permobil AB
14.4. Pride Mobility Products Corporation
14.5. Sunrise Medical Inc.
14.6. MEYRA
14.7. Shanghai BangBang Robotics Co., Ltd.
14.8. Yamaha Motor Co., Ltd.
14.9. WHILL Inc.
14.10. Cofoe Medical Technology Co., Ltd
"*Financials would be provided on a best-efforts basis for private companies"
LIST OF TABLES
1.Global Electric Non-electric Wheelchair Market, by Type Market 2023-2030 ($M)2.Global Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
3.Global Electric Non-electric Wheelchair Market, by Type Market 2023-2030 (Volume/Units)
4.Global Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 (Volume/Units)
5.North America Electric Non-electric Wheelchair Market, by Type Market 2023-2030 ($M)
6.North America Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
7.South America Electric Non-electric Wheelchair Market, by Type Market 2023-2030 ($M)
8.South America Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
9.Europe Electric Non-electric Wheelchair Market, by Type Market 2023-2030 ($M)
10.Europe Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
11.APAC Electric Non-electric Wheelchair Market, by Type Market 2023-2030 ($M)
12.APAC Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
13.MENA Electric Non-electric Wheelchair Market, by Type Market 2023-2030 ($M)
14.MENA Electric Non-electric Wheelchair Market Analysis and Forecast by Type and Application Market 2023-2030 ($M)
LIST OF FIGURES
1.US Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)2.Canada Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
3.Mexico Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
4.Brazil Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
5.Argentina Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
6.Peru Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
7.Colombia Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
8.Chile Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
9.Rest of South America Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
10.UK Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
11.Germany Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
12.France Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
13.Italy Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
14.Spain Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
15.Rest of Europe Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
16.China Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
17.India Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
18.Japan Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
19.South Korea Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
20.South Africa Global Electric & Non-electric Wheelchair Industry Market Revenue, 2023-2030 ($M)
21.North America Global Electric & Non-electric Wheelchair Industry By Application
22.South America Global Electric & Non-electric Wheelchair Industry By Application
23.Europe Global Electric & Non-electric Wheelchair Industry By Application
24.APAC Global Electric & Non-electric Wheelchair Industry By Application
25.MENA Global Electric & Non-electric Wheelchair Industry By Application