Electric Wheelchair Market Size, Share, Growth Analysis, By Type(Center Wheel Drive Wheelchairs, Front Wheel Drive Wheelchairs, Rear Wheel Drive Wheelchairs, Standing Electric Wheelchairs), By End-user(Hospitals and Clinics, Home Care Settings, Rehabilitation Centers), By Region - Industry Forecast 2024-2031

Electric Wheelchair Market size was valued at USD 3.91 billion in 2022 and is poised to grow from USD 4.31 billion in 2023 to USD 9.49 billion by 2031, at a CAGR of 10.35% during the forecast period (2024-2031).

Globally, Over the projected period, the worldwide electric wheelchair market is predicted to increase significantly. The rising innovation of technology, as well as the growing demand for electric mobility devices for persons with disabilities and the elderly, are expected to drive market expansion throughout the forecast period. The rising frequency of chronic illnesses and the growing older population are the primary factors expected to drive market expansion. An electric wheelchair is a battery-powered motorized wheelchair that is favored by those who have a medical condition or have difficulties walking. These wheelchairs typically have four or six wheels and may be partially removed for travel. Because they lack upper body strength or desire to remain independent, some people prefer electric wheelchairs over manual wheelchairs. The technical growth in the wheelchair industry has begun to provide electric wheelchairs that resemble mobility scooters in terms of comfort, storage capacity, armrest, and joystick for controlling the movement of a wheelchair.

The electric wheelchair primarily relies on batteries and motors to travel from one location to another when powered by electricity. A joystick is often used for movement to select the direction in which the movement is wanted. This is a contraption that is pushed by electric power to allow for effortless mobility of the human. The increased demand has also facilitated the need for new technologies to be developed. . The leading market participants have increased the overall weight of the electric wheelchair due to a rising desire to make the electric wheelchair sturdier in order to transport fat persons. This, in turn, has a detrimental influence on the performance of the electric wheelchair, which requires more electric power to move from a stationary position. Rapid technical improvements are being made in order to integrate these automated devices into society. Individual carers are becoming less necessary as electronic wheelchairs become more popular.