Wheelchairs Market Global Industry Forecast 2022

The global wheelchairs market size was valued at USD 6,273.1 million in 2021 and is poised to grow at a significant CAGR of 4.5% during the forecast period 2022-28. Throughout the forecast period, growing advancements in wheelchair technology, as well as increasing awareness of these advanced products, are likely to fuel market growth. In addition, an increasing number of product releases by manufacturers and favorable reimbursement policies are expected to drive market expansion. Advancements in homecare in developing countries provide market opportunities to the key players.