by The United Kingdom electric wheelchair market has witnessed significant growth over the past few years owing to various factors like technological advancements in electric wheelchairs, increasing geriatric population in the country as well as rising cases of mobility impairments. Electric wheelchairs provide independence, mobility, and improved comfort to the users. Features like customizable settings, advanced controls, battery indication, anti-tip wheels etc. offered by electric wheelchairs enhance the user experience.
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 from 2024-2031.
Key Takeaways
Key players operating in the United Kingdom electric wheelchair are SUNRISE MEDICAL (US) LLC, SOWECARE B.V, KYMCO Healthcare, MEYRA GmbH, Invacare Corporation, and Scewo.
The key opportunities in the UK electric wheelchair market include the rising awareness about accessibility features and mobility devices, increase in government and private funding for assistive technologies, and growing demand for technologically advanced electric wheelchairs.
Globally, the UK electric wheelchair market is expanding rapidly mainly due to increasing global geriatric population, rising incidence of mobility disabilities, growing focus on user customization and comfort, and availability of low-cost variants.
Market Drivers
The increasing geriatric population in the UK is a major market driver. As per official data, the number of people aged 65 years and above in the UK was projected to increase to 18.2 million in 2043 from 12.4 million in 2019. This rapid growth in the elderly population will augment the demand for mobility assistance devices like electric wheelchairs in the country.
PEST Analysis
Political: The government has implemented various acts such as Disability Discrimination Act 1995, Equality Act 2010 to promote inclusive design of products and ensure accessibility for disabled people in public places which positively impacts the electric wheelchair market.
Economic: Growth in aging population and rise in lifestyle diseases leading to mobility issues is driving the demand for assistive devices for personal use. Higher disposable incomes allow people to spend more on improving their quality of life through electric wheelchairs.
Social: With growing acceptance and normalization of disability, people are more comfortable using assistive equipment like electric wheelchairs to commute, do shopping and participate freely in social activities. Various awareness initiatives also help reduce stigma around disability.
Technological: Advancements in battery technology allow for longer lasting batteries that can power wheelchairs for greater distances on a single charge. The incorporation of digital features and connectivity further enhances user experience and independence. Manufacturers are also developing lightweight yet durable frames for enhanced maneuverability.
In terms of value, around two-fifth of the UK electric wheelchair market is concentrated in England given the presence of leading healthcare facilities, user-friendly infrastructure and a large elderly populace. Scotland is another major region supported by strong public funding for healthcare and social care services.
The electric wheelchair market in UK is estimated to grow the fastest in Wales during the forecast period. This can be attributed to rising healthcare expenditure by the devolved government coupled with initiatives to improve access to assistive equipment for citizens. Higher prevalence of mobility issues among the elderly also contributes to increased demand.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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?
About Author - Alice Mutum
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights. LinkedIn
