According to Cognitive Market Research, The Global wheelchairs market will be USD 5 billion in 2023 and expand at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2030.
The demand for wheelchairs is rising due to the rising prevalence of disabilities.
Demand for manual wheelchairs remains higher in the wheelchairs market.
The lightweight wheelchairs category held the highest wheelchair market revenue share in 2023.
While North American wheelchairs will continue to lead, the European market will experience the most substantial growth until 2030.
