Australia Electric Wheelchair Market is Segmented By Modality (Rear Wheel Drive Electric Wheelchair, 4 Wheel Drive Electric Wheelchair, Front Wheel Dr....
Market Size in USD Mn
CAGR9.40%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 9.40% |
Market Concentration | High |
Major Players | SUNRISE MEDICAL (US) LLC, Invacare Corporation, KYMCO Healthcare, MEYRA GmbH, Invacare Corporation and Among Others. |
The Australia Electric Wheelchair Market is estimated to be valued at USD 254.2 Mn 2024 and is expected to reach USD 476.8 Mn by 2031, growing at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The aging population in Australia is driving the need for mobility assistance products. The number of Australians over 65 years is projected to reach 8.8 million by 2031, increasing the demand for electric wheelchairs.
Market Driver – Increasing Geriatric Population
The growing geriatric population is a major driver propelling the electric wheelchair market in Australia. According to Australian Bureau of Statistics, the proportion of people aged 65 years and over is projected to rise from 15% currently to between 20-23% of the total population by 2066. The unprecedented growth in the aging segment of the population will significantly contribute to the increase in demand for mobility assistance products like electric wheelchairs.
As people grow older, mobility issues arising due to illnesses, disabilities or general decline in motor function become increasingly common. Electric wheelchairs offer independent mobility to older adults which greatly enhances their quality of life. For instance, electric wheelchairs allow seniors to comfortably go grocery shopping, visit community centers for recreational activities or attend medical appointments whereas traditional manual wheelchairs require physical effort that may not be feasible for all elderly individuals. Additionally, advancements in lithium-ion battery technology have improved the travel range of electric wheelchairs, making them suitable for long day trips outside as well when accompanied by a caregiver.
Market Driver – Healthcare Investments Focused on Geriatric Population and Unmet Needs
The aging population in Australia is driving significant growth in the electric wheelchair market. As per the Australian Bureau of Statistics, the proportion of people aged 65 and over is expected to grow from 15% currently to more than 22% by 2058. This will significantly increase the number of older people who require mobility assistance. At the same time, the prevalence of age-related disabilities like arthritis, osteoporosis and joint problems is also rising in the geriatric population.
All of these factors are resulting in a growing demand for products that enhance mobility and promote independent living among seniors. Electric wheelchairs have emerged as a convenient solution as they provide freedom of movement without straining the body. Features like powered propulsion, tilt and recline functions make electric wheelchairs a practical assistance device. According to World Health Organization data, musculoskeletal conditions are the third largest contributor to years lived with disability globally. This highlights the massive need for products improving accessibility and quality of life for those suffering from such conditions.
Market Challenge – Frequent Product Recalls
Frequent product recalls due to quality and safety issues have significantly restrained the growth of Australia's electric wheelchair market in recent years. When mobility assistive products get recalled in large numbers, it erodes consumer confidence in the industry and discourages new purchases. Between 2020 to 2022, there have been several instances of recalls initiated by major electric wheelchair manufacturers and distributors in Australia due to defects detected.
For example, in 2022, Australia's Therapeutic Goods Administration (TGA) issued a recall of 185 units of a popular electric wheelchair model citing significant issues with the battery packs that could result in overheating and potential fires. Similarly, in 2021, another 150 units of a different brand of powered wheelchairs were recalled owing to faults in the wiring harness which increased the risk of sudden loss of power and accidents during use. These high-profile mass recalls understandably scared many potential consumers and raised doubts about the reliability and safety standards of electric powered wheelchairs.
As a result, the demand drastically dropped as consumers chose to opt for manual wheelchairs instead or postponed their purchase decisions until the issues were resolved.
Market Opportunity – Innovations in Electrical Wheelchair
Electric wheelchairs have become increasingly popular assistive devices for mobility in Australia. Recent innovations in the technology present a promising opportunity for growth in the electric wheelchair market here. With an aging population and rising rates of disability, the need for wheelchairs is projected to rise substantially in the coming years. Advanced electric wheelchairs that are lighter, more durable, and offer greater customization and functionality could help meet this growing demand.
New battery technologies are allowing wheelchairs to travel longer distances on a single charge. Lithium-ion batteries commonly found in electric vehicles are being adapted for wheelchairs, doubling or tripling the range between charges. This boosts independence and spontaneity for wheelchair users. Novel designs integrate batteries directly into the frame or wheels, making the wheelchairs more compact. More efficient motors and controls are also extending running times. The adoption of renewable energy solutions like solar panels can provide convenient battery charging in any location. These longer-lasting electric wheelchairs address a major limitation that previously restricted their use.
Additional built-in technologies are enhancing comfort, safety and accessibility. Modern electric wheelchairs come equipped with innovative features like integrated scale functions to monitor weight changes, precision driving controls, crash sensors, and Bluetooth connectivity capabilities.
Insights, By Modality: Rear Wheel Drive Electric Wheelchairs Sub-segment Contribute The Highest Share
In terms of modality, rear wheel drive electric wheelchairs contribute the highest share of 33% in the Australia electric wheelchair market, owing to their ease of use and maneuverability. Rear wheel drive models offer users greater control as they allow for precise steering through the rear wheels. This is beneficial for indoor as well as outdoor navigation where users need to maneuver in tight spaces or corners. As Australia's elderly population grows significantly, there is increasing need for mobility devices that can be operated independently indoors.
Rear wheel drive electric wheelchairs are preferred as they are simple to use and do not require the dexterity of front wheel drive varieties. The rear placement of the motor and wheel axis provides stability. Users find these chairs easy to turn and control with basic drive functions. This ease of use expands access to those with less mobility due to handicap or old age. Their steady and predictable movement also give users confidence to navigate safely. The stable controllability of rear wheel drive models has made them first choice for indoor as well as outdoor use among growing numbers of elderly Australians.
Insights, By Age Group: High Life Expectancy In Australia
The highest share of the Australia electric wheelchair market is captured by users over 60 years of age with a market share of 47.5%. As life expectancy increases in Australia, the percentage of persons over 60 is growing rapidly. This older demographic faces highest prevalence of mobility issues due to age-related disabilities, health conditions or limited ambulation. Electric wheelchairs have emerged as a vital assistive device for preserving their independence and quality of life.
Senior Australians strive to remain active and engaged in their communities for as long as possible. Electric wheelchairs enable independent access around homes, social outings and essential errands. They provide freedom of movement that makes aging in place a realistic option. The support and flexibility offered by a powered wheelchair helps manage disabilities and keep seniors socially connected with friends and family. It boosts confidence to manage daily chores and maintain participation in activities of their choice. As more Australians choose to retire and reside locally, demand for devices improves independence of the growing senior population.
The major players operating in the Australia Electric Wheelchair Market include SUNRISE MEDICAL (US) LLC, KYMCO Healthcare, Invacare Corporation, Invacare Corporation, MEYRA GmbH, Permobil Inc., and Levo AG.
Australia Electric Wheelchair Market
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What will be the CAGR of the Australia Electric Wheelchair Market?
The CAGR of the Australia Electric Wheelchair Market is projected to be 9.40% from 2024-2031.
Which are the major players operating in the Australia Electric Wheelchair Market?
SUNRISE MEDICAL (US) LLC, KYMCO Healthcare, Invacare Corporation, Invacare Corporation, MEYRA GmbH, Permobil Inc., and Levo AG are the major players.
Which is the leading Modality in the Australia Electric Wheelchair Market?
The leading Modality segment is Rear Wheel Drive Electric Wheelchair.
What are the major factors driving the Australia Electric Wheelchair Market growth?
The increasing geriatric population and healthcare investments focused on geriatric population and unmet needs are the major factors driving the Australia Electric Wheelchair Market.
What are the key factors hampering the growth of the Australia Electric Wheelchair Market?
The high cost and frequent product recalls are the major factors hampering the growth of the Australia Electric Wheelchair Market.