The United Kingdom Electric Wheelchair Market is Gaining Traction through Enhanced Mobility

The United Kingdom electric wheelchair market comprises powered wheelchairs that are powered by batteries or fuel cells. Powered wheelchairs give mobility to people who have limited or no capability of self-propelled mobility due to various disabilities, age, or medical conditions. Electric wheelchairs are available in various sizes and models based on the needs and condition of the user. Mid-wheel drive, front-wheel drive, rear-wheel drive, and all-wheel drive models are available. These wheelchairs provide easy maneuverability over curbs, thresholds, steep ramps, and rough terrain.

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. Key players are focusing on new product launches and strategic collaborations to expand their market share. For instance, in 2020, KYMCO Healthcare launched Motion Lite, a lightweight, foldable electric wheelchair.

The demand for electric wheelchairs is increasing in the United Kingdom driven by rapid aging population, growing incidence of disabilities, and rising healthcare expenditure. According to WHO estimates, over 1.3 million people were aged 80 or over in the United Kingdom in 2020. The number is projected to reach over 2.6 million by 2050.

The United Kingdom electric wheelchair market is also witnessing growth due to increasing strategic initiatives by market players to expand their global footprint. In 2021, Invacare Corporation launched its SOLARIS MY24 in Europe through its subsidiary Invacare PoC BV. The wheelchair is specifically designed for indoor and outdoor environments.

Market Key Trends

Technological advancements are a key trend gaining traction in the United Kingdom electric wheelchair market. Market players are focusing on developing smart electric wheelchairs integrated with advanced technologies such as lithium-ion batteries, digital joysticks, tilt functions, and transport chairs. For instance, SOWECARE B.V offers ZEE smart electric wheelchair with lithium-ion battery, anti-tip wheels, and illuminated digital joystick. The wheelchair is suitable for outdoor and indoor use.

Porter’s Analysis

Threat of new entrants: The electric wheelchair market in UK has moderate threat from new entrants due to the presence of established brands and high capital requirements.

Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of various brands offering wide range of products at different price points.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to availability of various suppliers for electric wheelchair components and parts.

Threat of new substitutes: Substitution threat is low due to lack of suitable alternatives for electric wheelchairs though manual wheelchairs offer a cheaper substitute.

Competitive rivalry: The market is dominated by few top brands and witnessing consolidation through mergers and acquisitions.

The United Kingdom electric wheelchair market is concentrated in England and Scotland in terms of value. England alone accounts for over 70% of the total UK market value due to high population density and rising aging population. Scotland holds around 15% market share followed by Wales and Northern Ireland.

The electric wheelchair market in UK is expected to grow fastest in Northern Ireland at a CAGR of over 12% during the forecast period. Factors such as increasing healthcare expenditure per capita, higher growth rate in number of old age homes compared to other regions will support the market growth in Northern Ireland.

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?