Projections showed that in 2018 the global wheelchair market stood at some 5.6 billion U.S. dollars. That is a significant increase from around 3.5 billion dollars back in 2010. When it comes to splitting the global market by region, the United States is by far the largest, responsible for over 40 percent of the global total market. Europe and the Asian-Pacific region follow the U.S. as leading regional wheelchair markets.
The market situation
One of the main drivers of the wheelchair market is an increasingly aging population because with growing age the probability of needing mobile assistance aids becomes higher. Further drivers are a rising tendency in the prevalence of spinal cord injuries and obesity and a growing homecare market. Wheelchairs are becoming more and more sophisticated, with a high level of efficiency and increased comfort. Manual wheelchairs are still the largest product group, but all types of powered wheelchairs are steadily gaining ground in the market. Among the leading wheelchair producers are Invacare, Pride Mobility Products, Sunrise Medical, OttoBock Healthcare, and Permobil.
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ConAlliance. (May 29, 2014). Global wheelchair market volume in 2010 and 2018, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved October 02, 2022, from https://www.statista.com/statistics/485637/world-wheelchair-market-volume-by-region/
ConAlliance. "Global wheelchair market volume in 2010 and 2018, by region (in million U.S. dollars)." Chart. May 29, 2014. Statista. Accessed October 02, 2022. https://www.statista.com/statistics/485637/world-wheelchair-market-volume-by-region/
ConAlliance. (2014). Global wheelchair market volume in 2010 and 2018, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 02, 2022. https://www.statista.com/statistics/485637/world-wheelchair-market-volume-by-region/
ConAlliance. "Global Wheelchair Market Volume in 2010 and 2018, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 29 May 2014, https://www.statista.com/statistics/485637/world-wheelchair-market-volume-by-region/
ConAlliance, Global wheelchair market volume in 2010 and 2018, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/485637/world-wheelchair-market-volume-by-region/ (last visited October 02, 2022)