South Korea Wheelchair Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (undefined)
South Korea Wheelchair Market is Segmented By Type (Manual Wheelchairs, Powered Wheelchairs, Pediatric Wheelchairs, Others), By End User (Homecare, Hospitals, Ambulatory Surgical Centers, Rehabilitation Centers, Others), By Weight Capacity (Less than 100 lbs, 100-150 lbs, 150-200 lbs, More than 200 lbs, Others), By Application (Adults, Pediatric, Others), By Distribution Channel (Online and Offline). The report offers the value (in USD billion) for the above-mentioned segments.
South Korea Wheelchair Market Trends
- Growing adoption of mid-wheel drive power wheelchairs: Mid-wheel drive power wheelchairs are witnessing increasing adoption in South Korea due to advantages like stability over varied terrain, tight turning radius and maneuverability in confined spaces. Their compact build and front-wheel placement also allows users to interact more closely with peers at eye-level. Leading companies are offering advanced mid-wheel drive models catering to this growing trend. For instance, according to Karma Medical Products Co., LTD., publication in September, 2022, Mid-wheel drive power wheelchairs have the tightest turning radius of all the power wheelchairs. The turning axis is at the center of the wheelchair, so the user can make a full 360° turn without any extra maneuvers. Often users feel restricted in their homes with narrow doorways or elevators, however the tight turning radius and narrow base of a mid-wheel drive make it otherwise possible.
- Integration of IoT and sensors in wheelchairs: The integration of Internet of Things (IoT) and sensor technology is an important trend in the wheelchairs market. Companies are incorporating sensors to track wheelchair usage metrics, location and environment data. This enables remote patient monitoring, automatic maintenance alerts and other smart functionalities. IoT integration also allows connectivity with mobile apps and caregiver networks.
Usability challenges in developing regions:
Many developing regions lack accessibility infrastructure like wheelchair ramps, elevators, and pathways. This makes it challenging for wheelchair users to navigate their environment independently, limiting adoption. Awareness and social acceptance of disabilities is also lower in developing countries, restraining market prospects.
However, as the government is implementing various policies and program to improve accessibility in public spaces and transportation, including the installation of wheelchair ramps and elevators in building is increasing the adoption of wheelchairs in South Korea.
Figure 1. South Korea Wheelchairs Market Value (US$ Bn), 2023
