Electric wheelchairs provide mobility assistance to users suffering from physical disabilities, neurological disorders, or impaired mobility. Technological advances in electric wheelchair design have made them lighter, more customizable, and easier to maneuver. Increasing geriatric population, prevalence of locomotive disabilities, growing awareness about assistive devices and government support are primary drivers augmenting demand in the Australia electric wheelchair market.
The Australia electric wheelchair market is estimated to be valued at US$ 254.2 Mn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024-2031
Key Takeaways
Key players operating in the Australia electric wheelchair market are SUNRISE MEDICAL (US) LLC, KYMCO Healthcare, Invacare Corporation, Invacare Corporation, MEYRA GmbH, Permobil Inc., and Levo AG. These key players collectively hold over 50% of market share owing to their strong brand presence and wide distribution networks across the region.
Growing demand for assistive devices due to increasing incidence of locomotive disabilities and geriatric population is a major factor boosting the Australia electric wheelchair market. According to research, nearly 20% of Australians over 65 years require assistive devices for mobility support, expected to rise to 30% over the next decade.
Technological advancements in electric wheelchairs such as lithium-ion batteries, lightweight materials, intuitive controls and connectivity features have improved functionality. Features like ultra-light frames, battery power display, terrain adaptability and tilt functions enhance user experience and independence. Integration of technologies like AI, IoT and apps allow for remote operation and monitoring of wheelchairs.
Market Trends
Ultra-lightweight frames - Electric wheelchairs incorporating ultra-lightweight yet durable frames made from materials like carbon fiber and aluminum are gaining popularity. Their featherweight enhances maneuverability and makes handling and transport more convenient.
Increased battery efficiency - Longer lasting lithium-ion battery technology and efficiency-boosting innovations like regenerative braking enable electric wheelchairs to travel longer distances on a single charge. This factor expands usage flexibility.
Market Opportunities
Rise Of Smart Electric Wheelchairs - Advancements in integration of technologies like sensors, AI, IoT and machine learning are fueling development of smart electric wheelchairs. These come equipped with collision detection, obstacle avoidance, voice command functions and remote monitoring capabilities.
Growth In Rental And Leasing Models - Availability of flexible rental and lease options for electric wheelchairs is expanding especially for short-term needs. This emerging business model lowers access barriers and increases uptake.
Impact of COVID-19 on Australia Electric Wheelchair Market
The outbreak of COVID-19 has negatively impacted the Australia electric wheelchair market. During the peak of pandemic in 2020 and 2024, market demand witnessed a dip owing to lockdowns imposed by various state governments. Many production facilities were temporarily shut down to comply with social distancing norms. Supply chain disruptions further constrained market growth. Additional challenges included shortage of workforce and rising material costs. However, market players expect demand to surge in the post-COVID era.
With rising cases of mobility impairments among elderly population who are at high risk of coronavirus infection, electric wheelchairs are anticipated to gain prominence for safe indoor mobility. Manufacturers are developing new remote monitoring technologies to facilitate virtual consultations and online purchases. This will help the market recover losses and achieve higher growth rates compared to the pre-pandemic levels. Looking ahead, adoption of advanced features like cloud connectivity, artificial intelligence and battery improvements will further aid market prospects.
Australia Electric Wheelchair Market By Geographical Regions
The Australia electric wheelchair market is highly concentrated in the Eastern states region in terms of value. New South Wales accounts for over 30% market share led by the presence of major healthcare infrastructure and elderly population base in cities like Sydney and Melbourne. The region is characterized by favorable reimbursement policies and high affordability among consumers. Victoria is the second largest regional market followed by Queensland. Together these three states generate more than 80% of overall country revenues. In recent years, Western Australia has emerged as the fastest growing regional market on account of rapid urbanization, rising healthcare investments and increasing disability rates. Initiatives toward improving accessibility in public places along with growing medical tourism are boosting adoption.
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Author Bio:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
What Are The Key Data Covered In This Electric wheelchairs Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Electric wheelchairs's growth between 2024 and 2031.
:- Accurate calculation of the size of the Electric wheelchairs and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Electric wheelchairs Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Electric wheelchairs vendors
FAQ’s
Q.1 What are the main factors influencing the Electric wheelchairs?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Electric wheelchairs companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Electric wheelchairs’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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