As per Future Market Insights’ latest revised industry analysis, the global Robotic Wheelchair Market is valued at over US$ 114.0 Mn in 2021 and is expected to exhibit an estimated value of US$ 377.4 Mn by the end of 2032.
Mobility issues have been an important concern in the elderly population and integrated robotics has enforced the rise in research activities associated with their applications in home-based settings.
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Hence, increasing elderly populations in many regions has paved the way for the commercialization of robotic wheelchairs in emerging regions. Presently, electric wheelchairs are most commonly used at airports, hospitals, theatres, tourist places etc.
Smart wheelchairs are gaining traction on the back of advent of state of the art robotics and advanced electronics. Many elderlies who lead a solitary lifestyle prefer the use of these power wheelchairs and their quality of life, in general, has improved. Owing to these trends, the market is anticipated to register positive traction in growth throughout the forecast period.
The marketplace for robotic wheelchairs is beginning to take hold over the globe with the rising number of advancements in the manufacturing of electric wheelchairs as well as the assistive support provided by them to the target customers.
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Leading Companies Profiled in Robotic Wheelchair Market are
Key Takeaways from Market Study
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“With surging adoption of power wheelchairs for mobility assistance, the robotic wheelchair market is expected to witness an advancement over the forecast period,” says an analyst of Future Market Insights.
Key Market Segments Covered In Robotic Wheelchair Industry Research
Acquisitions, expansion, development of an extensive product pipeline and product launches are the key strategies adopted by manufacturers and integrators to increase the consumer base in different geographies.
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