Global Electric Wheelchair Market 2025 – 2034

According to Custom Market Insights (CMI), the Global Electric Wheelchair Market Size was worth USD 5.02 Billion in 2024 and is expected to be worth USD 5.31 Billion in 2025. By the end of 2034, it is expected to be worth USD 9.47 Billion, with a compound annual growth rate (CAGR) of about 6.55% from 2025 to 2034.

Overview of the Electric Wheelchair Market

People with disabilities or medical conditions often prefer electric wheelchairs, which are battery-powered and have motors. Most of the time, these wheelchairs have four or six wheels and can be taken apart for travel. Some people choose electric wheelchairs over manual wheelchairs because they want to be more independent or because they don't have enough upper body strength. Electric wheelchairs, which look like mobility scooters but are more comfortable and have more storage space, armrests, and joysticks for controlling wheelchair movement, are starting to show up on the market thanks to advances in technology.

Impact of COVID–19 on the Electric Wheelchair Market

The COVID-19 pandemic negatively affected the growth of the powered wheelchair market. The supply chain in the healthcare industry has been badly hurt over the past few years. The Invacare Corporation's annual report says that the epidemic caused a lot of problems with shipping and logistics, which led to a global shortage of both essential and non-essential medical supplies. The epidemic made it harder for businesses to get the goods and raw materials they needed, which hurt their finances. The pandemic limited, postponed, or even stopped non-acute care in some parts of the world. This hurt the industry because customers couldn't get these products.

The mining industry is getting better after the COVID-19 problem, which could help the economy get better soon. Also, the good financial outlook is expected to help mining companies stay strong as they deal with the effects of the pandemic on their daily operations. This feature can then boost sales of electric wheelchairs around the world.

Reasons for Growth in the Electric Wheelchair Market

Growing number of older people

As medical technology and healthcare infrastructure improve, the number and percentage of older people in every country's population are growing quickly. For example, the Department of Economic and Social Affairs says that in 2019, there were almost 703 million people around the world who were 65 or older. It is expected that there will be 1.5 billion older people by 2050, which is a 16% increase.

Also, there is a growing need for mobility aids all over the world because more and more people are getting neuromuscular and physical mobility illnesses like multiple sclerosis, muscular dystrophy, and peripheral neuropathy. The Cleveland Clinic, for example, thinks that 5.4 million Americans, or about 1 in 50, are paralyzed in some way.

As more and more people with the above problem use electric wheelchairs, the number of people who can't move their bodies is expected to rise, which will boost sales in the global market.

Good reimbursement policies in some countries

The market will also benefit from the good reimbursement situation in rich countries. For instance, Medicare Part B pays for power-operated vehicles, and users only have to pay 20% of the total cost. Medicare pays the other 80%. This is only true if the doctor gives you a written order saying you need a wheelchair at home.

The Report's Scope

Details about the Report's Features

The market will be worth $5.31 billion in 2025.

Estimated Market Size in 2034: $9.47 Billion

CAGR Growth Rate: 6.55% CAGR

Year of the Base: 2024

Time Frame for the Forecast: 2025–2034

Important Segment: By Product, Type, End-users, and Region

Report Contents: Company Profile, Revenue Estimation and Forecast, Competitive Landscape, Growth Factors, and Recent Trends

North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America are all in the scope. Show more