Medical Devices

Image

Global Autonomous Wheelchair Market – Industry Trends and Forecast to 2031

  • Medical Devices
  • Upcoming Report
  • Apr 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Autonomous Wheelchair Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 5.90 Billion
Diagram Market Size (Forecast Year) USD 10.60 Billion
Diagram CAGR %

Global Autonomous Wheelchair Market, By Application (Neurologically Impaired Patients, Handicap Patients, and Others), End User (Rehab Centers, Hospitals, and Others), Distributional Channel (Retail and E-commerce) – Industry Trends and Forecast to 2031.

Autonomous Wheelchair Market Analysis and Size

The autonomous wheelchair market is experiencing significant growth, driven by the increasing demand for mobility solutions for individuals with disabilities and the elderly. Technological advancements, including the integration of AI, sensors, and IoT, enhance the functionality and safety of autonomous wheelchairs, further propelling market expansion. Moreover, government initiatives and policies promoting assistive technologies, along with increasing healthcare expenditure in emerging economies, are creating lucrative opportunities for market players.

The global autonomous wheelchair market size was valued at USD 5.9 billion in 2023 and is projected to reach USD 10.6 billion by 2031, with a CAGR of 7.6% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Application (Neurologically Impaired Patients, Handicap Patients, and Others), End User (Rehab Centers, Hospitals, and Others), Distributional Channel (Retail and E-commerce

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

Invacare Corporation (U.S), Meyra Group GmbH (Germany), Sunrise Medical (Germany), Ottobock (Germany), Matia Mobility Inc (U.S), UPnRIDE Robotics Ltd. (Israel), Pride Mobility Products Corp. (U.S), G.F. Karman Healthcare Inc. (U.S.), and Levo AG (Switzerland)

Market Opportunities

  • Rising Medical Tourism
  • Home Healthcare Services
  • Smart Cities Initiatives

Market Definition

An autonomous wheelchair is a wheelchair that is capable of moving and navigating without direct user input. These wheelchairs are equipped with sensors, software, and other technologies that enable them to detect obstacles, plan routes, and safely navigate various environments. Autonomous wheelchairs can provide greater independence and mobility for individuals with disabilities or mobility impairments.   

Autonomous Wheelchair Market Dynamics

Drivers

  • Increasing Demand for Mobility Solutions

One of the primary drivers is the rising elderly population and the prevalence of mobility-related disabilities. As the population ages, there is a growing need for mobility solutions that can provide independence and improve quality of life. Autonomous wheelchairs present a promising solution, enabling people with mobility impairments to move around their environment more easily and independently. The increasing adoption of autonomous wheelchairs in healthcare facilities and rehabilitation centers is fueling market growth.

  • Continued Advancements in Technology

Continued advancements in technology, particularly in artificial intelligence (AI), sensors, and the Internet of Things (IoT), are propelling the development of increasingly sophisticated and functional autonomous wheelchairs. These technological innovations are revolutionizing the mobility aid industry by enhancing the usability and safety of autonomous wheelchairs. As technology advances, autonomous wheelchairs are becoming more intelligent and user-friendly, driving market growth and expanding accessibility for individuals with mobility impairments.

  • Increasing Healthcare Expenditure

With the increase in healthcare expenditure, especially in emerging economies, to improve healthcare infrastructure and services, there is a growing focus on enhancing accessibility and mobility solutions for individuals with disabilities and the elderly. The rise in healthcare spending enables healthcare facilities and individuals to invest in innovative technologies that can improve patient outcomes and quality of life, driving further growth in the autonomous wheelchair market.

Opportunities

  • Rising Medical Tourism

The growth of medical tourism presents an opportunity for the autonomous wheelchair market. Countries that are popular destinations for medical tourists may see an increased demand for mobility solutions, including autonomous wheelchairs, to cater to the needs of international patients with mobility impairments, presenting a lucrative opportunity for market expansion.

  • Smart Cities Initiatives

The evolution of smart cities and the incorporation of technology into urban infrastructure open doors for manufacturers of autonomous wheelchairs. Smart city projects frequently incorporate enhancements for better accessibility and mobility options, By leveraging these infrastructure and technologies, these manufacturers can provide innovative mobility solutions that improve the quality of life for individuals with mobility impairments and create a potential market.

  • Home Healthcare Services

The increasing trend towards home healthcare services creates a demand for mobility solutions that enable individuals to remain independent and mobile within their homes. Autonomous wheelchairs can contribute to home healthcare by offering a secure and effective method of mobility for individuals with mobility impairments. This creates opportunities for companies to develop innovative products that cater to a wider range of needs and preferences.

Restraints/Challenges

  • High Cost of Autonomous Wheelchairs  

The use of advanced technology such as sensors, artificial intelligence, and sophisticated control systems in autonomous wheelchairs significantly contributes to their high price. Furthermore, the substantial cost of manufacturing and assembling these complex systems adds to their overall expense. The expensive nature of autonomous wheelchairs poses a significant challenge for individuals with mobility impairments, particularly those without access to insurance coverage or financial aid. This limitation can restrict their ability to enjoy the independence and mobility benefits that autonomous wheelchairs provide, thus hindering their widespread adoption.

  • Regulatory Challenges

The regulatory landscape for autonomous wheelchairs can vary across different regions. Meeting regulatory requirements and obtaining necessary certifications can be time-consuming and costly, posing a market entry and expansion challenge.

This autonomous wheelchair market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Autonomous Wheelchair market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In December 2021, IRIS, a European small and medium-sized enterprise (SME) specializing in innovative technologies, secured HORIZON EU funding for the development of an app capable of enabling automatic driving for manual wheelchairs
  • In March 2022, Myera GmBh Netti introduced its latest product line, the Netti Dynamic Adaptpro. This new range boasts a complete dynamic configuration, easy maneuverability, and a 500mm turning radius without the need for leg support
  • In October 2021, KARMA Medical and Permobil signed a memorandum of understanding (MOU) for the strategic distribution of products, leveraging each other's strengths

Autonomous Wheelchair Market Scope

The autonomous wheelchair market is segmented on the basis of application, end users, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

  • Neurologically Impaired Patients
  • Handicap Patients
  • Others

End User

  • Rehab Centers
  • Hospitals
  • Others

Distribution Channel

  • Retail
  • E-commerce

Autonomous Wheelchair Market Regional Analysis/Insights

The autonomous wheelchair market is analyzed and market size insights and trends are provided by country, application, end users, and distribution channel as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to substantial investments in this technology within the region. In addition, the increasing adoption and widespread use of autonomous wheelchairs will further boost the market's growth rate.

Asia-Pacific is expected to witness significant growth during the forecast period due to increasing accident rates, a growing geriatric population, and rising per capita health expenditure. Furthermore, significant demand is expected due to technological advancements by enterprises and startups to improve accessibility for immobile individuals.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The autonomous wheelchair market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for autonomous wheelchair market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the autonomous wheelchair market. The data is available for historic period 2016-2021.

Competitive Landscape and Autonomous Wheelchair Market Share Analysis

The autonomous wheelchair market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • Invacare Corporation (U.S)
  • Meyra Group GmbH (Germany)
  • Sunrise Medical (Germany)
  • Ottobock (Germany)
  • Matia Mobility Inc (U.S)
  • UPnRIDE Robotics Ltd. (Israel)
  • Pride Mobility Products Corp. (U.S)
  • G.F. Karman Healthcare Inc. (U.S.)
  • Levo AG (Switzerland)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The Autonomous Wheelchair Market size will be worth USD 10.6 billion by 2031.
The Autonomous Wheelchair Market growth rate will be 7.6% by 2031.
Increasing Demand for Mobility Solutions and Continued Advancements in Technology are the growth drivers of the Autonomous Wheelchair Market.
The application, end users, and distribution channel are the factors on which the Autonomous Wheelchair Market research is based.
The major companies in the Autonomous Wheelchair Market are Invacare Corporation (U.S), Meyra Group GmbH (Germany), Sunrise Medical (Germany), Ottobock (Germany), Matia Mobility Inc (U.S), UPnRIDE Robotics Ltd. (Israel), Pride Mobility Products Corp. (U.S), G.F. Karman Healthcare Inc. (U.S.), and Levo AG (Switzerland).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials