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How has the robotic wheelchairs market size evolved in recent years?

The market for robotic wheelchairs has been on the rise in previous years. It is expected to increase from $12.27 billion in 2024 to $13.35 billion in 2025 with a compound annual growth rate (CAGR) of 8.8%. The expansion during the historic period is due to increasing knowledge about mobility solutions, increased spending on research and development of improved mobility devices, heightened healthcare expenditure, expanding urban populations, and enhancements in insurance policies that cover these devices.

What are the predictions for the robotic wheelchairs market size in the coming years?

The robotic wheelchairs market size is expected to see strong growth in the next few years. It will grow to $18.58 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to development of infrastructure, growth of e-commerce platforms, enhance safety features, increasing focus on rehabilitation, and focus on remote health monitoring features in wheelchairs. Major trends in the forecast period include improve battery technologies, development of eco-friendly wheelchair solutions, voice-activated robotic wheelchairs, advanced mapping technologies, and use of lightweight materials.

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What key factors are fueling the growth of the robotic wheelchairs market?

A surge in patient numbers is anticipated to fuel the advancement of the robotic wheelchair market in the future. The term ‘patient pool’ signifies the cumulative sum of patients or individuals in a particular demographic or healthcare environment who need medical assistance or care. This growth in the patient pool is attributed to elements like population expansion, aging populations, and expanded healthcare service accessibility. Robotic wheelchairs provide patients improvement in mobility and self-reliance, as they can adjust to their surroundings with adaptive technology that accommodates physical restrictions. For instance, the American Hospital Association (AHA), a US-based healthcare professional association representing hospitals and healthcare networks, published a report in May 2023 stating the number of admissions across all U.S. hospitals escalated to 34,011,386 from 33,356,853 in 2022. Consequently, an expanding patient pool is set to enlarge the robotic wheelchair market.

How is the global robotic wheelchairs market divided into key segments?

The robotic wheelchairs market covered in this report is segmented –

1) By Wheelchair: Rear-Wheel Drive, Front-Wheel Drive, Mid-Wheel Drive

2) By Application: Personal Use, Commercial Use

3) By Distribution Channel: Home Care Settings, Rehabilitation Centers, Online Sales Channel, Other Channels

Subsegments:

1) By Rear-Wheel Drive: Standard Rear-Wheel Drive Wheelchairs, Robotic Rear-Wheel Drive Wheelchairs

2) By Front-Wheel Drive: Standard Front-Wheel Drive Wheelchairs, Robotic Front-Wheel Drive Wheelchairs

3) By Mid-Wheel Drive: Standard Mid-Wheel Drive Wheelchairs, Robotic Mid-Wheel Drive Wheelchairs

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Which leading companies are shaping the growth of the robotic wheelchairs market?

Major companies operating in the robotic wheelchairs market are Honda Motor Co. Ltd., Panasonic Corporation, Ottobock SE & Company, Invacare Corporation, Permobil Inc., Sunrise Medical Inc., Pride Mobility Products Corporation, DEKA Research & Development Corporation, Kinova Inc., Hoveround Corporation, Whill Inc., Merits Health Products Co. Ltd., Shanghai Bangbang Robotics Co. Ltd, Korea Institute of Machinery and Materials (KIMM), Matia Mobility Inc., Karma Medical Products Co. Ltd., Cyberworks Robotics Inc., Airwheel Holding Limited, Karman Healthcare Inc., Gilani Engineering, Centaur Robotics Limited, DNR Wheels Pte Ltd, Meyra GmbH, Upnride Robotics, Nino Robotics

What are the key trends shaping the future of the robotic wheelchairs market?

Leading businesses in the robotic wheelchairs market are producing power wheelchairs containing sophisticated capabilities such as AI incorporation and self-directed navigation, enhancing the movement and self-reliance of disabled individuals. Power wheelchairs, powered by electricity, offer self-determined mobility to those suffering from mobility issues. For example, in January 2024, Robooter, a US medical equipment producer, presented its revolutionary power wheelchair X40 at the Consumer Electronics Show (CES 2024) held in Las Vegas. The X40, structured as a semi-outdoor, electrically collapsible wheelchair, targets to resolve the problems related to lower limb mobility. Including attributes like omnidirectional wheels, a remote control, and a customizable maximum speed for protection, the X40 provides plenty of leg spaces and performs smoothly on diverse landscape without demanding a vast rotating radius. It is equipped with an enduring battery and a convenient user interface.

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Which regions are emerging as leaders in the robotic wheelchairs market?

North America was the largest region in the robotic wheelchairs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robotic wheelchairs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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