North America Wheelchair Market is Likely To Touch $2.9 Billion by 2030: Grand View Research Inc.

North America Wheelchair Market Growth & Trends

The North America wheelchair market size is expected to reach USD 2.9 billion by 2030, expanding at a CAGR of 7.1% from 2022 to 2030, according to a new report by Grand View Research, Inc. This is mainly due to an increase in the adoption of advanced, compact, and portable mobility aids on account of the growing target population in the U.S. Rising geriatric population is most likely to create higher demand for mobility products, such as wheelchairs.

As per the U.S. Census Bureau, mobility is the most common disability among older Americans in 2022. 61 million adults live with a disability in the U.S. today, out of which, 13.7% have mobility disabilities with serious difficulties faced while walking or climbing stairs.

The COVID-19 pandemic exacerbated a global shipping and logistics crisis in early 2020, resulting in container shipping shortages and rising costs. This has led to various interruptions and can continue the worldwide disruptions to trade in the near future. It also made it difficult for wheelchair manufacturers to obtain the necessary products, components, and raw materials. However, companies are anticipated to restart operations due to the ease of lockdown, which will support market growth in the years to come.

According to the Urban Institute, the number of Americans above 65 and older will double over the next four decades, reaching 80 million by 2040. An increasing number of elderly people coupled with rising incidents of falls among the elderly is projected to drive demand for mobility aids during the forecast period. Aging is considered to be the greatest risk factor for developing chronic conditions. Hence, with the growing geriatric population, the prevalence of chronic conditions, such as diabetes, cardiovascular disorders, arthritis, & other lifestyle disorders is expected to increase, aiding the market growth. The elderly remain the key target population for personal mobility devices like wheelchairs.

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North America Wheelchair Market Report Highlights

• The manual wheelchair product segment dominated the market with the largest revenue share of more than 61.1% in 2022. This growth can be attributed to the high product demand due to its low cost, weight, and non-dependability on charging
• The adult category segment accounted for the highest revenue share of over 69.1% in 2022. This is owing to the fact that adults have a higher rate of spinal injuries, neuromuscular diseases, and trunk/neck weakness than children
• The rehabilitation centers application dominated the market with a revenue share of more than 34.1% in 2022

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North America Wheelchair Market Segmentation

Grand View Research has segmented the North America wheelchair market based on product, category type, application, and region:

North America Wheelchair Product Outlook (Revenue, USD Million, 2018 - 2030)

• Manual
• Electric

North America Wheelchair Category Type Outlook (Revenue, USD Million, 2018 - 2030)

• Adult
• Pediatric

North America Wheelchair Application Outlook (Revenue, USD Million, 2018 - 2030)

• Homecare
• Hospitals
• Ambulatory Surgical Centers
• Rehabilitation Centers

North America Wheelchair Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada

List of Key Players in the North America Wheelchair Market

• Carex Health Brands, Inc.
• DeVilbiss Healthcare LLC
• GF Health Products, Inc.
• Invacare Corporation
• Medline Industries, Inc.
• Sunrise Medical
• Karman Healthcare, Inc.
• Quantum Rehab
• Numotion
• Pride Mobility Products Corp.
• Sermax Mobility Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.