Robotic Wheelchairs Companies

Robotic Wheelchairs Market Competitive Landscape

The competitive environment of the Global Robotic Wheelchairs Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. During the forecast period, the demand for robotic wheelchairs is expected to evolve from independent mobility, elderly people, accident victims and people requiring assistance in mobility by the industry for the new developments in the market. Key players in the robotic wheelchair market include Sunrise Medical LLC, Invacare Corporation, Parmobil Corporation, Meyra GmbH, Karman Healthcare, Otobok SE & Co., and Matia Robotics, Upnaride Robotics, Deka Research and Development, and Will Inc.

Top Player’s Company Profiles

Sunrise Medical LLC

Invacare Corporation

Permobil Corporation

Meyra GmbH

Karman healthcare

Ottobock SE & Company

Matia Robotics

Upnride Robotics

DEKA Research & Development

Whill Inc.

DEKA Research and Development Corp.

Honda Motor Co. Ltd.

Matia Robotics

Merits Health Products Co. Ltd.

Kinova Robotics

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Robotic Wheelchairs Market size was valued at USD 106.21 Billion in 2022 and is poised to grow from USD 116.65 Billion in 2023 to USD 246.97 Billion by 2031, growing at a CAGR of 9.83% in the forecast period (2024-2031).

The competitive environment of the Robotic Wheelchairs Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. During the forecast period, the demand for robotic wheelchairs is expected to evolve from independent mobility, elderly people, accident victims and people requiring assistance in mobility by the industry for the new developments in the market. Key players in the robotic wheelchair market include Sunrise Medical LLC, Invacare Corporation, Parmobil Corporation, Meyra GmbH, Karman Healthcare, Otobok SE & Co., and Matia Robotics, Upnaride Robotics, Deka Research and Development, and Will Inc. 'Sunrise Medical LLC', 'Invacare Corporation', 'Permobil Corporation', 'Meyra GmbH', 'Karman healthcare', 'Ottobock SE & Company', 'Matia Robotics', 'Upnride Robotics', 'DEKA Research & Development', 'Whill Inc.', 'DEKA Research and Development Corp.', 'Honda Motor Co. Ltd.', 'Matia Robotics', 'Merits Health Products Co. Ltd.', 'Kinova Robotics'

Increasing population, independence of movement, accident victims and people requiring simple mobility assistance are the major drivers for the robotic wheelchairs market during the forecast period affecting the consumption an increased consumer income in emerging economies, technological innovation and strong R&D. The associations, the increasing number of older people and the inability of obese individuals to perform demanding jobs their good mobility is driving demand for robotic wheelchairs.

Rising Emergence of Smart Devices: The emergence of smart devices, wearable devices, artificial intelligence and machine learning in power wheelchairs will create a favorable environment for robotic wheelchair manufacturers. With increasing emphasis on research and development of sensors, Internet of Things is expected to provide significant growth opportunities in the market. Additionally, the robotics industry’s growing interest in developing software for mobility-related disciplines will further expand the scope of manufacturing processes. For example, in December 2021, IRIS, a European SME specializing in innovative technologies, received HORIZON EU funding to develop an app that could provide self-driving manual wheelchairs. The goal of this technology is to combine electric power with self-driving cars and its design to fit any wheelchair.

North America is dominating the market and held the largest market share at 33.0 percent due to the US. due to growing demand. Robotic wheelchairs for mobility assistance are being introduced mainly due to the rapid adoption of technology and increasing aging population e.g., University of Toronto Engineering Department and Institute of Aerospace Studies (UTIAS) and CyberWorks Robotics Inc. collaborated on wheelchair robotic automation The supply chain was moving this market.

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Robotic Wheelchairs Market Size, Share, Growth Analysis, By Applications(Residential and Commercials), By Distribution Channels(Retail and E-commerce), By Region - Industry Forecast 2024-2031

Robotic Wheelchairs Market Competitive Landscape

Robotic Wheelchairs Market Report Snapshots

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Robotic Wheelchairs Market Size, Share, Growth Analysis, By Applications(Residential and Commercials), By Distribution Channels(Retail and E-commerce), By Region - Industry Forecast 2024-2031

Robotic Wheelchairs Market Competitive Landscape

Robotic Wheelchairs Market Report Snapshots

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