Wheelchair Market is Expected to Reach at USD 9.56 Billion by 2034 with a CAGR of 5.4% During the Forecast Period 2026 to 2034; Growing Prevalence of Mobility Disorders Among the Population Boosted Product Demand

The global wheelchair market size stood at USD 5.97 billion in 2025. The market is anticipated to grow from USD 6.25 billion in 2026 to USD 9.56 billion by 2034, displaying a CAGR of 5.4% during the forecast period. Fortune Business Insights™ presents this information in its report titled “Wheelchair Market Size, Share & Industry Analysis, By Product (Manual Wheelchairs [Standard and Custom] and Motorized Wheelchairs [Power Assist Wheelchairs {Front Add-on, Rear Add-on, and Wheel Add-on} and Powered Wheelchairs {Standard Powered Wheelchair and Complex Rehab Technology (CRT) Powered Wheelchairs}]), By Age Group (Adults and Pediatrics), By End User (Healthcare Settings {Hospitals & ASCs, Specialty Clinics, Rehabilitation Centers, Long-term Care Centers, and Others}, Homecare Settings, and Others), and Regional Forecast, 2026-2034”

Wheelchairs play a vital role in empowering individuals with mobility challenges, helping them regain independence and improve their overall quality of life. For many people who find walking difficult or impossible, these assistive devices serve as essential tools for daily living, offering newfound freedom and opportunities to participate more fully in society.

As the number of people living with mobility impairments continues to rise worldwide, the demand for wheelchairs is steadily increasing. This trend is further supported by ongoing advancements in research and development, with leading companies like Permobil and Invacare Corporation working to introduce innovative and more effective wheelchair designs.

Significant Amount of Investment by Ottobock in Onward Medical to Boost Innovative Product

In October 2024, Ottobock has invested USD 24.4 million in Onward Medical, a leading European medical technology company. Onward Medical is dedicated to developing groundbreaking therapies that help people with spinal cord injuries regain movement, function, and independence.

Rising Occurrence of Severe Sports Injuries Fuels the Market Development

More and more people around the world are living with disabilities or challenges with mobility, which means these products are becoming essential in their daily lives. Sports injuries are also becoming more common in countries like the U.S., the U.K., Germany, and India, further increasing the need for these devices. Companies are responding by launching new and improved products with the latest technology, all of which is expected to drive strong wheelchair market growth in the coming years.

Moreover, the growing concerns related to safety among wheelchair users are a major factor leading to the restricted adoption of these devices in the market, along with the overall high cost of wheelchairs.

Key Industry Players Offering a Wide-Range of Product Portfolios Among the Population Strengthens the Market

The global market is fragmented, with several players offering a diverse product portfolio of various wheelchair types for users. Invacare Corporation, Permobil, and Sunrise Medical are some of the prominent players in the market, offering a wide range of products with customization options and features tailored to users. The dominance of these companies is due to several factors, including a growing focus on expanding their product portfolios in the market.

Key Players Profiled in the Report

• Invacare Corporation (U.S.)
• Ottobock (Germany)
• Drive Devilbiss International (U.S.)
• GF Health Products, Inc. (U.S.)
• Etac AB (Sweden)
• Sunrise Medical (Germany)
• Permobil (Sweden)
• Pride Mobility Products Corp. (U.S.)
• Carex (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/wheelchairs-market-100523

Key Industry Development:

• September 2025 – Drive DeVilbiss Healthcare, a provider of durable medical equipment, has launched its new distribution center in Perris, California, with the aim of expanding its distribution network.

Further Report Findings:

• Based on product, the motorized wheelchair segment held the largest wheelchair market share in 2025. This growth is largely because more people are recognizing the advantages of power-assist and electric wheelchairs, including how much easier and more efficient they make getting around.
• As per the region, North America led the way in the wheelchair market, reaching a value of USD 2.47 billion in 2024 and growing to USD 2.58 billion in 2025. This strong performance is thanks to more people choosing powered and customized wheelchairs, along with better reimbursement options and other supportive factors driving market growth in the region.
• Europe is expected to be the fastest growth rates in the wheelchair market, with a CAGR of 4.4% increase in the forecast period and a value of USD 1.47 billion by 2026. A strong emphasis on rehabilitation, an aging population, and high standards for assistive technology are all helping to drive this growth across the region.

Table of Segmentation