Wheelchair Market Size, Share, Growth Analysis, By Product(Manual, Electric), By Category(Adults, Pediatric), By Application(Homecare, Hospitals, Ambulatory Surgical Centers, Rehabilitation Centers), By Region - Industry Forecast 2024-2031

North America occupies the largest wheelchair market share in the world due to its advanced healthcare systems, high spending power of the population and attention geared towards people living with disabilities. The region is able to conduct a lot of research and development, which results in the emergence of technologies such as the smart and lightweight wheelchairs that are used today. Moreover, wheelchair accessibility is improved by government policies and reimbursement programs which are appealing to the consumers, driving the demand. Factors such as the demographic shift due to the geriatric population and the increase in the number of chronically sick patients are other factors that are driving growth in the market as mobility enhancing healthcare services are being availed to more and more patients across the North American region. 

The global wheelchair market is experiencing the highest growth in Europe due to the well-established healthcare focus and mobility solution development. There is a rising concern in the society regarding the rights of disabled people and the importance of creating a barrier-free society, which is leading to government expenditure on assistive devices. Moreover, the advanced years demographic is especially acute in high life expectancy economies resulting in the increased need for mobility aids. Recent developments in the wheelchair industry have produced a wide use of light and easily customizable wheelchairs. There is also the use of smart technology, which adds functionality to the wheelchair, therefore, making Europe the fastest growing wheelchair market in the world as a result of the pulling forces of consumers and policies.