Press release
Robotic Wheelchairs Market Anticipated To Witness Robust Growth, Surpassing $18.58 Billion By 2029
Robotic Wheelchairs
What Is the Current Robotic Wheelchairs Market Size and Its Estimated Growth Rate?
The robotic wheelchairs market has grown steadily in recent years. It will rise from $12.27 billion in 2024 to $13.35 billion in 2025, achieving a CAGR of 8.8%. Growth drivers include greater awareness of mobility aids, increased R&D funding for advanced mobility solutions, rising healthcare spending, urbanization, and better insurance coverage for assistive devices.
The robotic wheelchairs market is anticipated to grow robustly, reaching $18.58 billion by 2029 with a CAGR of 8.6%. This growth is fueled by infrastructure development, e-commerce platform expansion, enhanced safety features, increased rehabilitation focus, and remote health monitoring in wheelchairs. Key trends include improved battery technologies, eco-friendly wheelchair solutions, voice-activated robotic wheelchairs, advanced mapping technologies, and lightweight materials.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18456
How Are Emerging Segments Shaping the Robotic Wheelchairs Market Landscape?
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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18456&type=smp
Which Growth Factors Are Influencing Robotic Wheelchairs Market Expansion?
The expansion of the patient pool is anticipated to fuel the robotic wheelchair market. Contributing factors include population growth, aging demographics, and better access to healthcare. Robotic wheelchairs enhance mobility and independence for patients with physical limitations. For example, as per a May 2023 report by the American Hospital Association, total U.S. hospital admissions rose from 33,356,853 in 2022 to 34,011,386 in 2023. Hence, the growing patient base is advancing the robotic wheelchair market.
Who Are the Dominant Players Across Different Robotic Wheelchairs Market Segments?
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 Trends Are Expected to Dominate the Robotic Wheelchairs Market in the Next 5 Years?
Leading companies in the robotic wheelchairs market are focusing on creating power wheelchairs with cutting-edge features like AI integration and autonomous navigation to enhance mobility and independence for individuals with disabilities. Power wheelchairs are electrically powered devices that support people with mobility impairments by offering them greater independence. For example, Robooter, a US-based medical equipment manufacturer, introduced its innovative X40 power wheelchair at CES 2024 in Las Vegas. The X40, designed to tackle lower limb mobility challenges, features omnidirectional wheels, a remote control, and adjustable speed settings for safety. It offers comfortable legroom and operates smoothly on various terrains with minimal turning radius. Additionally, it boasts a durable battery and a user-friendly interface.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/robotic-wheelchairs-global-market-report
Which Geographic Regions Are Expected to Dominate the Robotic Wheelchairs Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Robotic Wheelchairs Market?
2. What is the CAGR expected in the Robotic Wheelchairs Market?
3. What Are the Key Innovations Transforming the Robotic Wheelchairs Industry?
4. Which Region Is Leading the Robotic Wheelchairs Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Robotic Wheelchairs Market Anticipated To Witness Robust Growth, Surpassing $18.58 Billion By 2029 here
News-ID: 4043915 • Views: …
More Releases from The Business Research Company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Robotic
Robotic Vacuum Cleaner Market
Redding California- Meticulous Research®, a premier global market research firm, has announced the release of its latest comprehensive report, titled "Robotic Vacuum Cleaner Market." This meticulously curated study delves deep into the dynamics of the market, offering invaluable insights and forecasts that illuminate key trends shaping the industry landscape.
Download free sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5181
The global robotic vacuum cleaner market is poised for remarkable growth, projected to attain a valuation of…
Robotic Catheterization System Market Analysis by Type, by Technology - Electrom …
Global Robotic Catheterization System Market: Description
The robotic catheterization system is predominantly designed to ensure the stable and correct placement of catheter inside a patient’s cardiovascular system during peripheral vascular and percutaneous coronary procedures. It enables a physician to get access to the target organs without performing open surgery. This system is also equipped with the ability to assure the safety of patients during cardiac arrhythmia procedures. Moreover, the robotic catheterization…
Robotic Process Automation Market
Robotic Process Automation Market recently published Verified Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Robotic Process Automation Market”.
The Robotic Process Automation Market is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research…
Ground Military Robotic Market
Military robots are autonomous robots or remote-controlled mobile robots designed for military applications, from transport to search & rescue and attack.
According to this study, over the next five years the Ground Military Robotic market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales…
Medical Robots Market 2019-2030 for into surgical robotic systems, rehabilitatio …
10 May 2019 Press Release
MIR presents "Medical Robots Market With Global Analysis and Forecast 2019-2030" with innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Medical robots are the robots that are used in hospitals and medical institutions to perform highly complex surgeries. Robots can be utilized as surgical assistants to surgeons that perform minimally invasive procedures. Rehabilitation robots play an important role…
Robotic Lab Automation: Specimen Transport Robots, Robotic Centrifugation, Cappi …
New sellers in the market are confronting extreme competition from set up universal merchants as they battle with mechanical developments, dependability and quality issues.
Global Robotic Lab Automation Market provides a basic overview of the markets including definitions, classifications, applications and industry chain structure. The Robotic Lab Automation Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status.
The Robotic Lab Automation…
