Robotic Wheelchairs Market Is Expected To Exhibit Significant Growth Over 2030
Robotic Wheelchairs Market Is Expected To Exhibit Significant Growth Over 2030
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Robotic wheelchairs market is anticipated to grow at a significant CAGR of 9.6% during the forecast period (2024-2031). The industry growth is attributed to pivotal factors such as the growing aging population probable to have immobility problems, an increasing number of cases of obesity, neurological diseases, paralysis, strokes, and knee injuries which drive the growth of the market. According to the National Center for Biotechnology Information, in January 2022, there are over 100 million people who need or use wheelchairs globally. 66.5% of individuals with disabilities ranked self-driving or Robotic Wheelchairs (RWs).
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Rising rates of disability owing to accidents, medical conditions, and aging are boosting demand. According to the Wheelchair Foundation. In the 34 developed countries, it is estimated that 1.0% or 10,000,000 people require a wheelchair. The global population is increasing by 187,500 each day, there is an additional need for almost 3,500 wheelchairs every day (1.8% of the global population). Each wheelchair costs $150 to manufacture (in China) and ship to one of the developing countries. Almost all people who reported using mobility support devices (96.0%) said that they had a disability. The main cause—reported by about half of them— was disease or illness. Natural aging was cited by one-quarter and one-fifth said that their disability stemmed from an injury. More than half of males in the 12-to-44 age group who needed a mobility support device reported that their disability resulted from an injury, reflecting the high prevalence of injury among males of these ages.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Robotic Wheelchairs Market Report Segment
By Wheelchairs
- Rear-Wheel Drive
- Front-Wheel Drive
- Mid-Wheel Drive
By Application
- Personal Use
- Commercial Use
By End-Users
- Home Care Settings
- Rehabilitation Centers
- Hospitals And Clinics
Global Robotic Wheelchairs Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotic wheelchairs market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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