United Kingdom Electric Wheelchair Market to Grow at Fastest Pace due to Rising Geriatric Population
United Kingdom Electric Wheelchair Market to Grow at Fastest Pace due to Rising Geriatric Population
The electric wheelchair market is poised to grow the fastest in Wales over the forecast period. This can be attributed to favorable government schemes for supporting independent living of disabled individuals.

The UK electric wheelchair market primarily includes powered wheelchairs that allow users with limited mobility to move around independently. These chairs are equipped with electric motors that offer assistance with propelling and steering. Battery-powered wheelchairs save energy and provide greater maneuverability than manual chairs. Additionally, they come fitted with joysticks, attendant control panels, and keypads to operate functions like lifting seats, tilting footrests, and more.

The growing geriatric population prone to age-related mobility issues has increased demand for electric wheelchairs.

The United Kingdom electric wheelchair market is estimated to be valued at US$ 451.0 Mn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the United Kingdom electric wheelchair market are SUNRISE MEDICAL (US) LLC, SOWECARE B.V, KYMCO Healthcare, MEYRA GmbH, Invacare Corporation, and Scewo. The key players are focusing on developing innovative products to gain a competitive edge. For instance, in 2023, MEYRA GmbH launched a new lightweight foldable wheelchair named Ultra Wheelchair that offers easy maneuverability and transport.

The demand for electric wheelchairs is increasing significantly owing to the rising geriatric population suffering from limited mobility. According to the Office of National Statistics, UK, around 18.6% of the total population will be aged 65 and over by 2033. This rising pool of elderly people prone to disabilities and chronic diseases will drive the need for assistive devices.

Technological advancements are aiding the development of smart electric wheelchairs. For example, integration of technologies like artificial intelligence, internet of things, and sensors allow controlled movement via voice commands and obstacle detection features for safer navigation indoors and outdoors. Such developments are expected to boost the UK electric wheelchair market.

Market Trends

Growing Demand For Reimbursement Of Assistive Devices

With increasing healthcare awareness and government support in the UK, there is a notable rise in insurance coverage and favorable reimbursement policies for electric wheelchairs and other assistive devices. Various welfare programs and schemes set up by the NHS (National Health Service), local authorities, and charities to provide funding and financial aid are propelling the electric wheelchair market.

Increasing Research On Exoskeleton Wheelchairs

Researchers are conducting various studies and pilot projects focused on developing exoskeleton wheelchairs that utilize robotics to power the movement of joints similar to a human skeleton. The goal is to build wheelchairs that can restore mobility, improve quality of life, provide independence, and reduce caregiver burden for patients suffering from paralysis and limited motor control abilities. The technology holds immense potential to transform the electric wheelchair industry.

Market Opportunities

Customisable And Modular Designs

There is scope for wheelchairs with customisable features, configurations, and modular designs based on the unique needs of individuals. Manufacturers can focus on introducing personalised options, accessories, and upgrades to enhance comfort, functionality, and control capabilities according to disability type and lifestyle needs.

Targeted Towards Young Population

With rising life expectancy, the number of young adults and children with disabilities in the UK is increasing gradually. Developing electric wheelchairs targeted at aesthetics, portability, and outdoor performance can open up a whole new segment of young users and their families. Ergonomic designs, vibrant colors, and features for recreation are some aspects to consider.

Impact of COVID-19 on United Kingdom Electric Wheelchair Market

The COVID-19 pandemic had a significant impact on the United Kingdom electric wheelchair market. During the initial lockdown phase in 2020, demand for electric wheelchairs declined sharply as people limited their outdoor mobility. The supply chain disruptions also impacted production and availability of electric wheelchairs. However, as the healthcare sector prioritized services for people with disabilities, demand started recovering from late 2020. The implementation of social distancing norms increased reliance on personal transportation solutions like electric wheelchairs for mobility.

 With relaxation in restrictions from 2021, the United Kingdom electric wheelchair market got back on a path of recovery. Manufacturers scaled up production with safety protocols to fulfill the growing requirements. The rising awareness about assistive living solutions also boosted acceptance of electric wheelchairs among the elderly population. Various government initiatives provided financial assistance for procuring special needs devices like powered wheelchairs. The growing focus on strengthening community-based care is expected to further support market expansion in the coming years.

The United Kingdom electric wheelchair market is concentrated majorly in England region in terms of value. This is owing to the presence of major cities with higher geriatric population and greater consumer awareness. According to estimates, England contributed over 60% to the country's electric wheelchair market revenue in 2020. Scotland is another prominent regional market accounting for nearly 15% share, driven by increasing demand from remote areas.

The electric wheelchair market is poised to grow the fastest in Wales over the forecast period. This can be attributed to favorable government schemes for supporting independent living of disabled individuals. Initiatives like funded equipment service and integrated care funding aid the adoption of assistive technologies like powered wheelchairs in Wales. With rising healthcare expenditure and emphasis on community nursing, the electric wheelchair demand is projected to increase substantially in Wales in the coming years.

 

Get more insights on this topic:   https://www.trendingwebwire.com/united-kingdom-electric-wheelchair-market-estimated-to-grow-at-a-robust-rate-due-to-advancements-in-battery-technologies/

 

 

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 United Kingdom Electric Wheelchair  Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the United Kingdom Electric Wheelchair 's growth between 2024 and 2031.

:- Accurate calculation of the size of the United Kingdom Electric Wheelchair  and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- United Kingdom Electric Wheelchair  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 United Kingdom Electric Wheelchair  vendors

FAQ’s

Q.1 What are the main factors influencing the United Kingdom Electric Wheelchair ?

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 United Kingdom Electric Wheelchair  companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the United Kingdom Electric Wheelchair ’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?

 

disclaimer

What's your reaction?

Comments

https://timessquarereporter.com/public/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!

Facebook Conversations