The Wheelchairs Market is to Touch $9.1 Billion by 2030; The increasing demand for Wheelchairs across various industries such as automotive, aerospace & defense, agriculture, power, utility, oil & gas, mining, healthcare, chemical, food & beverages,

The Wheelchairs Market size is estimated to reach $9.1 billion by 2030, growing at a CAGR of 10.2% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “Wheelchairs Market – By Type (Electric Wheel Chair (Centre Wheel Drive Electric Wheel Chair, Front Wheel Drive Electric Wheel Chair, Standing Electric Wheel Chair, Rear Wheel Drive Electric Wheel Chair, Others), Non-Electric Wheel Chair), By End User (Hospitals (Patient Transfer, Pelvic Positioning, Upper Body Positioning, Lower Body Positioning), Rehab Centers, Home (Manual Mobility, Powered Mobility, Corpus Seating), Sports and Athletics (Motocross racing, Basketball, Rugby, Wheelchair Curling, Lawn Tennis, Others), Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030”

Increasing technological advancements and rising demand for customization and personalization wheelchairs are fueling the growth of the Wheelchairs industry during the forecast period.

North America accounted for the largest share of 32% for the Wheelchairs Market in 2023. The region has a high prevalence of disabilities and mobility impairments, driven by conditions such as spinal cord injuries, stroke, and arthritis. Additionally, North America's advanced healthcare system provides excellent access to diagnosis, treatment, and high-quality mobility aids, including wheelchairs. The region is also a leader in technological innovation, with significant advancements in smart and powered wheelchairs, which attract both domestic and international consumers. Furthermore, major wheelchair manufacturers headquartered in North America, such as Invacare, Sunrise Medical, and Permobil, have established extensive distribution networks and strong market presence. Government and insurance support for mobility aids further bolsters the market, making North America a dominant player in the global wheelchair industry.

Technological advancements are a key driver of growth in the wheelchairs market. Innovations such as smart wheelchairs equipped with sensors, GPS navigation, and powered assistance systems are transforming the mobility aids landscape. These advanced features enhance user experience by improving navigation, obstacle detection, and overall maneuverability. Powered wheelchairs, for instance, offer greater independence for users with severe mobility limitations by providing motorized assistance, while smart technologies enable real-time monitoring of the user’s health and wheelchair performance. In March 2020, Invacare Corporation launched an AVIVA FX Power Wheelchair. It is designed with a blend of new technologies for providing better comfort and can be used both indoors and outdoors. As technology continues to evolve, manufacturers are investing in research and development to integrate cutting-edge features into wheelchairs, making them more efficient, comfortable, and user-friendly. This continuous technological progress attracts consumers and healthcare providers looking for advanced solutions, thereby boosting the market.

The increased focus on personalized and specialized wheelchairs is a driving force in the market. There is a growing demand for wheelchairs that are tailored to individual needs and preferences, whether for specific medical conditions, lifestyle requirements, or personal comfort. Manufacturers are responding by offering customizable options, such as adjustable features, ergonomic designs, and specialized supports for conditions like spinal cord injuries, cerebral palsy, and muscular dystrophy. This trend toward personalization allows users to select wheelchairs that best fit their unique physical requirements and enhance their overall mobility experience. Specialized wheelchairs, including sports and recreational models, are also gaining popularity as more individuals seek mobility aids that align with their activities and interests. This focus on customization and specialization is driving market growth by catering to a diverse range of user needs and preferences.

• In January 2022, The Invacare Corporation launched the Invacare® AVIVA® STORM RXTM rear-wheel drive power wheelchair in a new, more compact model.

• In July 2022, A $14.8 million Series B funding round was secured by a Chinese business developing smart wheelchairs. An intelligent wheelchair by Bang Robotics. About 110 patents, including three foreign ones, have been obtained by the startup thus far.

Key companies profiled in the Wheelchairs Market are Invacare Corporation, OttoBock Healthcare GmbH, Permobil AB, Pride Mobility Products Corporation, Sunrise Medical Inc., MEYRA, Shanghai BangBang Robotics Co., Ltd., Yamaha Motor Co., Ltd., WHILL Inc., Cofoe Medical Technology Co., Ltd., Carex Health Brands, Inc., Drive Medical Design & Manufacturing, Graham-Field Health Products, Inc., Medline Industries, Inc., Karman Healthcare, Inc. and others.