Wheelchair Market Size, Share, Segmentation Analysis, 2030
The global Wheelchair market size was estimated at USD 6.5 billion in 2021 and is expected to surpass around USD 14.7 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 9.49% during the forecast period 2022 to 2030.
Key Takeaways:
The rising geriatric population and the increasing number of spinal cord injuries which needs mobility assistance are some of the major factors driving the market growth. According to the National Spinal Cord Injury Statistical Center, around 17,730 new spinal cord injuries occur in the U.S. every year, with vehicular crashes being the leading cause of injury. Thus, the U.S. stands as a key market for the wheelchair. The COVID-19 pandemic had significantly affected the transport and mobility sector. It had disrupted the supply channel of the wheelchair to a great extent.
The rising demand for mobility assistance and the geriatric population is expected to drive market growth. As per the Americans with Disabilities Act, a wheelchair is designed mainly for use by an individual with a physical disability. Wheelchairs can be used for both indoor and outdoor purposes. An increase in life span and the number of elderly persons at a global level is one of the key reasons expected to contribute to the growth of the market.
The market is disrupted due to the COVID-19 pandemic which affected the market due to the restrictions and lockdown imposed by the government as a result, the demand and sale of the product decreases. The demand for a wheelchair is expected to increase due to the rising geriatric population and mobility issues that occurred to the people during the pandemic. Although the number of hospital visits by regular patients had reduced during the lockdown, the number of patients affected with COVID-19 witnessed a spike. With the ease of lockdowns, the manufacturing operation of the mobility device is expected to come back to normal.
The rise in the number of disorders requiring an assistive device is also one of the key factors expected to contribute to market growth. The most common disability that needs a mobility device is spinal cord injuries. As per the National Spinal Cord Injury Statistical Center, around 294,000 people currently living with spinal cord injuries, in the U.S. with 17,7300 new cases each year. Thus, the U.S. is expected to be a major potential market for the supplier and manufacturers of mobile devices over the forecast period.
Report Scope of the Wheelchair Market
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Report Coverage |
Details |
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Market Size in 2022 |
USD 7.12 Billion |
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Market Size by 2030 |
USD 14.7 Billion |
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Growth Rate from 2022 to 2030 |
CAGR of 9.49% |
|
Base Year |
2021 |
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Forecast Period |
2022 to 2030 |
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Segments Covered |
Product, Category, Application, Geography |
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Companies Mentioned |
21st Century Scientific, Inc., Alber (Frank Mobility), Aquila Corporation, Aspen Seating, Carex Health Brands, Inc., Custom Engineered Wheels, DEKA Research & Development Corp (U.S.), Drive Medical Design & Manufacturing, Eagle Sportschairs LLC., EASE Seating System, Forza Medi, Graham-Field Health Products Inc., Hoveround Corporation, Intelliwheels, Invacare Corporation, Karma Healthcare Limited, Levo AG (Switzerland), MATIA ROBOTICS (U.S.), Medical Depot Incorporation., Medline, MEYRA GROUP GMBH (Germany), NeoBolt, Numotion, Ostrich Mobility Instruments Pvt. Ltd, OttoBock Healthcare India Pvt. Ltd, Permobil AB, PITSCO EDUCATION LLC (U.S.), Pride Mobility Products Corporation, Quantum Rehab (U.S.), SEGWAY INC., Silverline Meditech Pvt. Ltd., Stryker India Pvt. Ltd, Sunrise Medical LLC, Tetra Equipment, The Wheelchair Place, LLC, UPnRIDE Robotics Ltd. (Israel), Vissco Rehabilitation Pvt. Ltd, WHEEL INC (U.S.), WHILL Inc (Japan) |
Product Insights
The electric wheelchair segment led the global market in 2021 with a revenue share of more than 55.6% and is estimated to expand at the fastest CAGR over the forecast period. These wheelchairs are ideal for users having no upper body strength. Electric wheelchairs are more popular in developed countries, such as the U.S., owing to the availability of advanced healthcare facilities. In July 2020, Scewo launched Scewo Bro, an electric wheelchair that can also operate on stairs independently and effortlessly. It is available in Austria, Switzerland, and Germany.
The manual product segment is also estimated to have significant growth over the forecast years due to the high demand for manual wheelchairs on account of their low cost and weight and non-dependability on charging. Also, they are available in a variety of configurations and weights, from standard to ultra-lightweight, which require little space as a lot of the product models are foldable. In 2019, Permobil, a leading player in advanced medical technology, launched SmartDrive PushTracker E2, an advanced power assist system for manual wheelchairs.
Category Insights
The adult segment dominated the market and accounted for the largest revenue share of 69.4% in 2021. The segment is projected to continue its dominance over the forecast period. This is mainly due to the increasing elderly population globally, which forms part of the definition for adults. Adults comprise individuals from the age group of 18 onwards. Disability in older people due to arthritis pain, or stiffness in a knee, hip, ankle, or foot increases the demand for wheelchairs.
The pediatric segment is also expected to grow significantly owing to the growing number of childhood disorders such as cerebral palsy. Cerebral palsy is one of the most common movement disorders that require wheelchairs. According to the Cerebral Palsy Guidance, over 10, 000 babies in the U.S. are born with this disorder each year. It is the most commonly diagnosed movement disability in childhood in the U.S. Thus, the pediatric segment is expected to be a key revenue generator for wheelchair manufacturers in the coming years.
Application Insights
The rehabilitation centers segment dominated the market and accounted for the largest revenue share of more than 34.5% in 2021. However, the segment will witness sluggish growth over the forecast period. Based on application, the global market has been divided into homecare, hospitals, Ambulatory Surgical Centers (ASCs), and rehabilitation centers. The hospital's segment is expected to register the fastest CAGR from 2022 to 2030.
This growth is credited to the increasing cases of medical emergencies that require wheelchairs. The post-surgical procedures boost the demand for wheelchairs. In hospitals, these chairs are mainly used for transporting patients, and for a visit to a doctor’s office in a large-scale medical facility.
Regional Insights
North America dominated the global market in 2021 and accounted for the largest revenue share of 35%. This growth is owing to the high target population and increased adoption of advanced wheelchairs. Moreover, the presence of a large number of market players in the region will; further boost the market growth during the forecast period. According to our analysis, a lot of small enterprises are coming up with specialized wheelchairs to cater to niche audiences. For instance, in January 2020, a U.S.-based startup, Segway, Inc., launched an egg-shaped pod that allows people to sit while they effortlessly cruise around campuses, theme parks, airports, and even cities. This pod can also be used by individuals with wheelchair needs and particularly caters for transportation with a high speed of 24 mph.
In the Asia Pacific, the market is projected to register the fastest CAGR during the forecast period. The region is backed by a large population base in countries, such as India and China, owing to the improvements in healthcare facilities and growing government initiatives for offering quality mobility devices. Moreover, the high geriatric population in countries, such as Japan, also supports market growth.
Some of the prominent players in the Wheelchair Market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Wheelchair market
By Product
By Category
By Application
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Benefits for Stakeholders
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Wheelchair Market
5.1. COVID-19 Landscape: Wheelchair Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Wheelchair Market, By Product
8.1. Wheelchair Market, by Product, 2022-2030
8.1.1 Manual
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Electric
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Wheelchair Market, By Category
9.1. Wheelchair Market, by Category, 2022-2030
9.1.1. Adults
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Paediatric
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Wheelchair Market, By Application
10.1. Wheelchair Market, by Application, 2022-2030
10.1.1. Homecare
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Hospitals
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Ambulatory Surgical Centers
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Rehabilitation Centers
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Wheelchair Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.2. Market Revenue and Forecast, by Category (2017-2030)
11.1.3. Market Revenue and Forecast, by Application (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Category (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Category (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.2. Market Revenue and Forecast, by Category (2017-2030)
11.2.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Category (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Category (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Category (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Category (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Application (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.2. Market Revenue and Forecast, by Category (2017-2030)
11.3.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Category (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Category (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Category (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Category (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Application (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.2. Market Revenue and Forecast, by Category (2017-2030)
11.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Category (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Category (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Category (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Application (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Category (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Application (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.2. Market Revenue and Forecast, by Category (2017-2030)
11.5.3. Market Revenue and Forecast, by Application (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Category (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Application (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Category (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Application (2017-2030)
Chapter 12. Company Profiles
12.1. 21st Century Scientific, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Alber (Frank Mobility)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Aquila Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Aspen Seating
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Carex Health Brands, Inc
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Custom Engineered Wheels
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. DEKA Research & Development Corp (U.S.)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Drive Medical Design & Manufacturing
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Eagle Sportschairs LLC.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. EASE Seating System
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers