The global powered wheelchair market was valued at USD 4.2 billion in 2022 and it is anticipated to grow up to USD 6.8 billion by 2032, at a CAGR of 4.9% during the forecast period.
Powered wheelchair is useful for patients suffering from severe mobility disorders, and neurological conditions hampering their daily lives. Electric wheelchairs are gaining popularity because of their benefits such as ease of use, more convenience, and unproblematic usage. They are often used by those patients that are unable to use manual wheelchairs or the user that want to cover longer distances in wheelchairs.
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Market Trends and Drivers
Technogical advancements have resulted in the creation of automated movement systems, which eliminate any caregivers assistance. These wheelchairs have easy maneuverability and can also be remote controlled. As a result, the demand for technical advancements in this equipment to improve comfort and safety is likely to create profitable opportunities for companies, resulting in the growth of the powered wheelchair market. Increasing burden of motor disabilities due to trauma, congenital diseases, and injuries is another leading cause for the demand of intelligent wheelchairs globally. Increasing life expectancy due to increased access to healthcare has led to an increased number of geriatric population. Elderly people have an increased risk of suffering from mobility issues. This can also be attributed to the rising demand for motorized wheelchair, especially in the developed countries.
Major Players in the Global Powered Wheelchair Market
The key players in the powered wheelchair market are Carex Health Brands, Inc., Drive Medical Design & Manufacturing, Graham-Field Health Products, Inc., Invacare, Medline, Sunrise Medical LLC., Karman Healthcare, Quantum Rehab, Numotion Pride, Mobility Products Corp, among Seating Matters among others.
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Global Powered Wheelchair Market Segmentation
By Product
- Front Wheel
- Mid Wheel
- Rear Wheel
- Others
By Application
- Adults
- Pediatric
By End-user
- Homecare
- Hospitals
- Ambulatory Surgical Centers
- Rehabilitation Centers
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