Who are the key players in Electric Wheelchair Market?

Invacare Corporation, Sunrise Medical Limited, Permobil AB , OttoBock Healthcare and Pride Mobility Products Corp. are the major companies operating in the Electric Wheelchair Market. Read More

Which is the fastest growing region in Electric Wheelchair Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Electric Wheelchair Market?

In 2024, the North America accounts for the largest market share in Electric Wheelchair Market. Read More

What years does this Electric Wheelchair Market cover, and what was the market size in 2023?

In 2023, the Electric Wheelchair Market size was estimated at USD 3.5 billion. The report covers the Electric Wheelchair Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Electric Wheelchair Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Electric Wheelchair Market Size

Market Size of Electric Wheelchair Industry

Study Period	2020 - 2029
Market Size (2024)	USD 3.88 Billion
Market Size (2029)	USD 6.47 Billion
CAGR (2024 - 2029)	10.76 %
Fastest Growing Market	Asia-Pacific
Largest Market	North America
Market Concentration	Low
Major Players *Disclaimer: Major Players sorted in no particular order

Electric Wheelchairs Market Analysis

The Electric Wheelchair Market size is estimated at USD 3.88 billion in 2024, and is expected to reach USD 6.47 billion by 2029, growing at a CAGR of 10.76% during the forecast period (2024-2029).

The COVID-19 pandemic positively impacted the electric wheelchair market. Many hospitals and health institutes were flooded with people infected with the virus. Thus, the demand for electric wheelchairs increased in 2020. In 2020 electric chairs reached sales of almost 2 million units worldwide. This growth is anticipated to continue during the forecast period, primarily due to the increasing elderly population.

Over the long term, the increase in disabilities due to a rise in the elderly population and the prevalence of chronic diseases, encouraging hospitals and healthcare facilities to use electric wheelchairs to improve the welfare of patients and healthcare workers is anticipated to remain a major driving factor for the market studied. In addition, electric wheelchairs are used in-home care settings to transfer patients safely and comfortably from one place to another. Thus, the demand for electric wheelchairs is expected to increase in hospitals and elderly care homes, owing to the unprecedented increase in the geriatric population. For instance

In 2021, one billion people were reported to live with some disability by the World Health Organisation, constituting 15% of the total population in the world.

Major key players are focusing on launching several new products to capture the growing market share provoked by the ever-increasing geriatric population. For instance,

In January 2022, Permobil AB launched the flagship Progeo Noir 2.0 carbon fiber wheelchair in the United Kingdom.
In August 2021, Pride Mobility Products Limited introduced the Jazzy EVO 613 2 electric chair, which is powered by a Li-ion battery and has a maximum speed of 5.1 miles per hour.

Thus the confluence of all the aforementioned factors is anticipated to drive growth in the global electric wheelchair market.

Electric Wheelchairs Industry Segmentation

An electric wheelchair is defined as a wheelchair that is powered by an electric motor to aid the mobility of the person riding it. It eliminates the need for physical human efforts to move the electric wheelchair. Electric wheelchairs have been observed to significantly enhance the mobility of differently-abled people and help them to live an independent lifestyle.

The Electric Wheelchair Market is Segmented by Type (Front-wheel Drive, Center Wheel Drive, Rear-wheel Drive, and Standing Electric Wheelchair), End-User (Personal, Hospitals, and Sports Conditioning), and Geography (North America (United States, Canada, and Rest of North America), Europe (Germany, United Kingdom, France, Russia, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (South America and Middle East and Africa)). The report offers market size and forecasts for the Electric Wheelchair Market in value (USD billion) for the above-mentioned segments.

By Type
		Front Wheel Drive
		Center Wheel Drive
		Rear Wheel Drive
		Standing Electric Wheelchair

By End-User
		Personal
		Hospital
		Sport Conditioning

By Geography

North America
	United States
	Canada
	Rest of North America

Europe
	Germany
	United Kingdom
	France
	Russia
	Rest of Europe

Asia-Pacific
	India
	China
	Japan
	South Korea
	Rest of Asia-Pacific

Rest of the World
	South America
	Middle-East & Africa

Need A Different Region Or Segment?

Customize Now

Electric Wheelchair Market Size Summary

The electric wheelchair market is poised for significant growth, driven by the increasing elderly population and the rising prevalence of chronic diseases. The demand for electric wheelchairs is expected to rise as they become essential in hospitals, healthcare facilities, and home care settings, providing safe and comfortable mobility solutions for individuals with disabilities. The market's expansion is further supported by the trend of rapidly aging demographics in regions such as Europe, North America, Japan, and China. Key players in the industry are actively launching new products and expanding manufacturing capacities to capture the growing market share, responding to the needs of an aging population that requires more advanced mobility solutions.

The market landscape is characterized by a mix of global and local players, with major companies like OttoBock Healthcare GmbH, Invacare Corporation, Pride Mobility Products Corp., Sunrise Medical, and Permobil AB leading the charge. Innovations in design and technology, such as standing wheelchairs and self-driving models, are expected to enhance market growth. The Asia-Pacific region, particularly China and India, is a significant contributor to the market due to its large elderly population and high incidence of mobility impairments. North America is also anticipated to see increased demand, driven by a substantial number of adults living with disabilities. The confluence of these factors, along with strategic acquisitions and investments by key players, is set to propel the electric wheelchair market forward in the coming years.

Explore More

Electric Wheelchair Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Drivers
2. 1.2 Market Restraints
3. 1.3 Porter's Five Forces Analysis
  1. 1.3.1 Threat of New Entrants
  2. 1.3.2 Bargaining Power of Buyers/Consumers
  3. 1.3.3 Bargaining Power of Suppliers
  4. 1.3.4 Threat of Substitute Products
  5. 1.3.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 By Type
  1. 2.1.1 Front Wheel Drive
  2. 2.1.2 Center Wheel Drive
  3. 2.1.3 Rear Wheel Drive
  4. 2.1.4 Standing Electric Wheelchair
2. 2.2 By End-User
  1. 2.2.1 Personal
  2. 2.2.2 Hospital
  3. 2.2.3 Sport Conditioning
3. 2.3 By Geography
  1. 2.3.1 North America
    1. 2.3.1.1 United States
    2. 2.3.1.2 Canada
    3. 2.3.1.3 Rest of North America
  2. 2.3.2 Europe
    1. 2.3.2.1 Germany
    2. 2.3.2.2 United Kingdom
    3. 2.3.2.3 France
    4. 2.3.2.4 Russia
    5. 2.3.2.5 Rest of Europe
  3. 2.3.3 Asia-Pacific
    1. 2.3.3.1 India
    2. 2.3.3.2 China
    3. 2.3.3.3 Japan
    4. 2.3.3.4 South Korea
    5. 2.3.3.5 Rest of Asia-Pacific
  4. 2.3.4 Rest of the World
    1. 2.3.4.1 South America
    2. 2.3.4.2 Middle-East & Africa