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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Power Assist Wheelchair Market Outlook
The global power assist wheelchair market attained a value of USD 1.28 billion in 2021. The market is further expected to grow at a CAGR of 10.0% in the forecast period of 2024-2032 to reach a value of USD 2.33 billion by 2027.
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Technological Advancements to bolster the Power Assist Wheelchair Industry Growth
The rise in technological advancements and innovations focused on improving the aspects of the wheelchair has increased the growth of the power assist wheelchair industry. The market for power assist wheelchair is being driven by the enhancements in technology and the growing popularity of wheelchair sports, which are increasing the growth of the power assist wheelchair industry to a great extent. The advanced designs support a wide range of users as it offers affordable as well as high price range, as a result, invigorating the market growth.
The introduction of a wide variety of types of wheelchairs that differ in propulsion methods, mechanism, technology and specifications, make power assist wheelchair desirable --thereby boosting the market growth. With advancements in wheelchair frames using different materials to make it user-specific, the industry is catering specifically and focusing on the user. With the rising demand for advanced wheelchair to cater to various physical needs and the diversity of users, the power assist wheelchair industry can foresee a high growth rate over the forecast period.
Power Assist Wheelchair: Market Segmentation
The power assist wheelchairs help overcome the problem of terrains. With power assist, the wheelchair is able to maneuver through inclines and declines. However, this isn’t the only benefit, a state of the art power assist wheelchair comes with smart software driven motors that provide intuitive assistance. The user is able to control the wheelchair with more ease and more configurations and can be designed to make it user-specific.
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Based on type, the market is divided into:
- Towing Power Add-ons (Front Drive)
- Pushing Power Add-ons (Rear Drive)
- Rotate Rear Wheels by Additional Motorised Rollers
- Integrated into the wheels of Wheelchair
Based on distribution channel, the market is segregated into:
- Offline
- Online
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand of Wheelchairs in the Sports Industry to Boost Power Assist Wheelchair Industry
Specialized sports wheelchairs are being designed to be accessible for all user types, as a result, strengthening market growth. Further, wheelchair sports, such as wheelchair basketball, wheelchair tennis, and wheelchair rugby, etc. are currently being endorsed and sponsored by sports federations and sports brands, thereby bolstering the power assist wheelchair industry. These wheelchairs come in different sizes, are adjustable, highly stable and maneuverable, which make them highly desirable, consequently boosting the growth of this market. Moreover, with the growth of Paralympics and other sports for the disabled, the power assist wheelchair market is predicted to witness the thriving demand for wheelchairs during the forecast period.
Key Industry Players in the Global Power Assist Wheelchair Market
The report gives a detailed analysis of the following key players in the global power assist wheelchair market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Alber GmbH
- Permobil AB
- Todo Works Corp
- Batec Mobility S.L
- Klaxon Mobility GmbH
- Sunrise Medical
- Yamaha Motor Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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Power Assist Wheelchair Market Report Snapshots
Power Assist Wheelchair Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global power assist wheelchair market reached a value of about USD 1.28 billion in 2021.
The global power assist wheelchair market is further expected to grow at a CAGR of 10.0% in the forecast period of 2024-2032.
The global power assist wheelchair market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.33 billion by 2027.
The major industry drivers include rise in technological advancements and innovations focused on improving the aspects of the wheelchair and the introduction of a wide variety of types of wheelchairs that differ in propulsion methods, mechanism, technology, and specifications, make power assist wheelchair desirable.
The key industry trends driving market growth include rising endorsement and sponsorship by sports federations and sports brands.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of power assist wheelchairs include towing power add-ons (front drive), pushing power add-ons (rear drive), rotate rear wheels by additional motorised rollers, integrated into the wheels of wheelchair, among others.
The leading distribution channels in the market are offline and online.
The major players in the industry are Alber GmbH, Permobil AB, Todo Works Corp, Batec Mobility S.L, Klaxon Mobility GmbH, Sunrise Medical, Yamaha Motor Corporation, among others.
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