Electric Wheelchair Market

The global market for electric wheelchairs is likely to be reaching the valuation of US$7.5 billion by the end of 2030. Between 2023 and 2030, the market size is projected to experience nearly 10% expansion.

The growth of the global electric wheelchair market is primarily driven by an aging population, an increase in the number of people with mobility impairments, and advancements in technology that have improved the functionality and accessibility of electric wheelchairs. Additionally, efforts to enhance wheelchair designs for better comfort and maneuverability have contributed to market expansion.

The global electric wheelchair market features both established manufacturers and newer entrants. Some of the major players in this space include names like Invacare Corporation, Drive Medical Ltd, Sunrise Medical Limited, Permobil AB, Pride Mobility Products Corp., and GF Health Products.

Mid/centre-wheel drive leads the electric wheelchair segment of the market. This is because of the small turning radius of the wheel, light front tires, ease of manoeuvring through tight spaces, and improved wheel stability. This type of chair helps patients maintain balance and stability in the wheelchair. It is also more durable than the other types.

Emerging trends in the global electric wheelchair market include the integration of smart technologies, such as IoT connectivity and mobile apps, to enhance user experience and provide remote diagnostics. There's also a growing focus on lightweight and foldable designs for increased portability and ease of transportation. Finally, eco-friendly and sustainable manufacturing practices are gaining traction in the industry.