South Korea Mobility Wheelchairs Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.6 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The South Korea mobility wheelchairs market has seen significant growth due to increasing awareness of healthcare needs and the demand for more accessible solutions for people with disabilities or mobility challenges. With an aging population and an increased focus on healthcare services, the demand for mobility aids like wheelchairs has risen substantially. These devices offer vital support for individuals with physical disabilities or severe mobility restrictions, allowing them to lead a more independent life. The mobility wheelchairs market in South Korea is expected to continue its upward trajectory as both the private and public sectors invest in more advanced technologies and improved accessibility solutions.
South Korea's mobility wheelchairs market is primarily driven by technological advancements and the growing need for enhanced mobility aids across various industries. Manual wheelchairs still dominate the market; however, powered or motorized wheelchairs are increasingly being favored by consumers due to their enhanced ease of use, flexibility, and ability to handle different terrains. In particular, power-assisted wheelchairs are gaining traction as they offer a greater degree of comfort and independence for users with limited strength or stamina.
The healthcare and rehabilitation sectors have shown considerable demand for mobility wheelchairs. Hospitals, nursing homes, and rehabilitation centers are key players in this space, as they rely on mobility aids to support their patients’ recovery and enhance their quality of life. As South Korea's aging population grows, so does the requirement for effective mobility solutions, with wheelchair usage projected to increase in medical and residential environments. This demand has led to innovations such as lightweight, foldable wheelchairs, making them easier to store and transport.
Industries involved in the production and distribution of mobility wheelchairs are continually adapting to meet the needs of an evolving market. The trend toward eco-friendly, sustainable materials is also influencing the design and manufacturing of mobility aids. As the demand for higher functionality and increased comfort rises, manufacturers are turning to smart wheelchairs, featuring integrated technology that provides real-time health monitoring and improved control systems for users. In South Korea, both domestic and international companies are competing to meet these dynamic requirements, striving for innovation and sustainability in their products.
With the continued rise in demand for mobility solutions, both the public and private sectors in South Korea are expected to prioritize accessibility, thus encouraging further investment in mobility wheelchair technology. As industries shift towards more advanced mobility aids, the future of the South Korea mobility wheelchairs market looks promising, with more people gaining access to enhanced solutions for greater independence and mobility.
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Golden Technologies
Drive Medical
Invacare Corp
Hoveround Corp
Heartway
21st Century SCIENTIFIC Inc.
Pride Mobility Products Corp
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Merits Health Products
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Mobility Wheelchairs Market
Manual Wheelchairs
Power Wheelchairs
Transport Wheelchairs
Standing Wheelchairs
Hospitals
Homecare Settings
Nursing Facilities
Rehabilitation Centers
Direct Sales
Online Retail
Medical Supply Stores
Pharmacies
Below 200 lbs
200 - 300 lbs
300 - 400 lbs
Above 400 lbs
Geriatric Users
Adults with Disabilities
Pediatric Users
Short-term Users (e.g., post-surgery)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Mobility Wheelchairs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Mobility Wheelchairs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Mobility Wheelchairs Market, By Type
6. South Korea Mobility Wheelchairs Market, By Application
7. South Korea Mobility Wheelchairs Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Mobility Wheelchairs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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