Patients use wheelchairs when walking is impossible for them due to injury, illness, or disability. There are different types of wheelchairs available in the market, depending on the patient's requirement. There is a wide range of wheelchairs available differing by mechanisms of control, propulsion method, and technology used. There has been a significant effort in the last decade to develop a wheelchair with innovative features. 

According to our new market research study on “Wheelchair Market to 2028 – Global Analysis and Forecast – by product, type, end user, applications, usage, and distribution channel,” the market is expected to reach US$ 6,459.07 million by 2028 from US$ 4,073.71 million in 2021. The market is estimated to grow with a CAGR of 6.8 % from 2021 to 2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.

Wheelchair Market leaders operating in the market have undertaken various organic growth strategies in the wheelchair market. The wheelchair market majorly consists of the players including Invacare Corporation, Medline Industries, Inc., Ottobock, Meyra Gmbh, Karman Healthcare, Inc., Sunrise Medical, Hoveround Corporation, Levo Ag, Permobil, Smile Smart Technology, and among the others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic as well as inorganic strategies such as new product launches, expansion, and product approvals & collaboration, partnerships

People suffering from disorders such as spinal cord injury, paralysis, and arthritis require wheelchair for mobility. Thus, increasing prevalence of these diseases is propelling the demand for wheelchairs. As per the WHO, every year, 250,000–500,000 people in the world suffer spinal cord injuries (SCIs). As per the 2020 SCI Data Sheet from the National SCI Statistical Center (NSCISC), ~17,810 new spinal cord injuries occur each year in the US; vehicle crashes, falls, violence, and sports activities are among the most common causes of spinal cord injuries in the country. As per an annual statement of the NHS Specialized Spinal Cord Injury Services for 2017–2018, ~2429 new patients were referred to eight specialist centers in England, which led to 864 new admissions. As per the Christopher & Dana Reeve Foundation, in 2013, ~1.7% of the US population, i.e., ~5,357,970 (~5.4 million) people were living with some form of paralysis, which is a disorder caused by problems in central nervous systems, resulting in difficulty or inability to move the upper or lower extremities. According to the Centers for Disease Control and Prevention (CDC), ~24 million adults have limited their activities due to arthritis, and more than 1 in 4 adults with arthritis report severe joint pain.

 

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