From GlobeNewswire: 2025-05-13 02:30:00

The global wheelchair market was valued at USD 5.18 billion in 2023 and is projected to reach USD 9.68 billion by 2032, growing at a CAGR of 7.21%. Demand is being driven by an aging population, rising disability levels, and technological advancements in mobility devices.

The US wheelchair market is expected to grow at a 6.34% CAGR, reaching USD 2.65 billion in 2032. Increased awareness of mobility aid accessibility and improved product personalization are fueling this growth, along with the development of homecare products for elderly and mobility-impaired individuals.

Major players in the wheelchair market include Carex Health Brands, Drive Medical Design & Manufacturing, Graham-Field Health Products, Invacare Corporation, Medline Industries, and more. These companies offer a range of manual and electric wheelchairs to meet the diverse needs of users.

Manual wheelchairs accounted for over 67.4% of global revenue in 2023, with their affordability and ease of use driving their popularity. Battery-operated wheelchairs are expected to grow rapidly, especially among severely handicapped individuals and the elderly seeking indoor-outdoor mobility.

Adults were the largest consumer base for wheelchairs in 2023, with 74.4% market share. The pediatric wheelchairs segment is also expected to grow rapidly, with a focus on ergonomically shaped and customizable mobility solutions for disabled children.

Rehab centers were the highest-grossing application sector in 2023, with a 38.4% value share. Hospitals are projected to experience the fastest growth due to increased demand in long-term care facilities, emergency departments, and surgical recovery rooms.

The North American region dominated the global wheelchair market in 2023, driven by high healthcare spending and advanced infrastructure. Other key regions include Europe, Asia Pacific, the Middle East & Africa, and Latin America. The wheelchair market is dominated by key players and advanced technology. Asia-Pacific is expected to show the highest growth due to aging populations, healthcare awareness, and government spending. Recent developments include new portable power wheelchairs and push-assist devices. The WHO estimates 75 million people globally need wheelchairs, with 3.3 million Americans using them daily.

Institutions like hospitals contribute to over 55% of wheelchair needs, with urban hospitals in North America and Western Europe accounting for about 35% of yearly procurement. The market report includes statistics on mobility impairments, wheelchair usage trends, annual sales, and healthcare spending by region. The Global Market Analysis & Outlook report covers various aspects of the wheelchair market.

SNS Insider offers a range of market reports, including those on patient handling equipment, personal mobility devices, walking aids, and assisted walking devices. The company aims to provide clients with up-to-date market data, consumer insights, and opinions to make informed decisions in a changing market. With a variety of research techniques, SNS Insider is a leading market research and consulting agency globally.



Read more at GlobeNewswire: Wheelchair Market Projected to Hit USD 9.68 Billion by 2032