Wheelchair and Components Market
                     Wheelchair and Components Market Share, Outlook, and Opportunity Analysis, 2020 – 2027 
                                                                                                                                             
A wheelchair is used to overcome the difficulty or impossibility of walking due to illness, injury, or 
disability. There are two types of wheelchairs: manual wheelchair and power or electric wheelchair.The 
global wheelchair and components market is estimated to account for US$ 5,739.7 Mn in terms of value 
by the end of 2027. 
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Increasing prevalence of spinal cord injuries and related disabilities is expected to aid in growth of the 
global wheelchair and components market. For instance, according to researchers at the National Spinal 
Cord Injury Statistical Center at University of Alabama at Birmingham, as of 2019, 17,730 new spinal 
cord injury cases occur annually and between 249,000 and 363,000 people are currently living with 
spinal cord injuries in the U.S. 
Increasing number of people with walking disability is also expected to propel growth of the market. For 
instance, according to The World Bank’s updated data in 2019, 15% of the worldwide population that 
accounts for one billion people experiences some form of disability and one-fifth of the estimated global 
population that accounts for around 110-190 million, experiences significant disabilities. 
North America region held dominant position in the global wheelchair and components market in 2019, 
accounting for 33.1% share in terms of value, followed by Asia Pacific. 
The cost of composite materials used to manufacture lightweight wheelchair components is high, which 
is expected to hinder growth of the global wheelchair and components market. 
Moreover, high cost of powered wheelchairs & scooters is also expected to restrict the market growth. 
For instance, the average cost of powered wheelchairs and scooters is around US$ 1,500 to US$ 15,000 
worldwide. 
R&D and launch of wheelchairs with advanced and smart technologies is expected to offer lucrative 
growth opportunities for players in the market. For instance, in January 2020, Segway unveiled its smart 
S-Pod transporting pod that can also operate as a wheelchair. 
Moreover, increasing development of light-weight and low-cost components is also expected to aid in 
growth of the market. For instance, in December 2019, researchers at the University of Bayreuth, 
Germany, reported development of ‘multifibrillar polyacrylonitrile fibers’ that are lightweight, fully 
recyclable and offer high strength and toughness. 
Manual Wheelchairs segment in the global wheelchair and components market was valued at US$ 
3,584.7 Mn in 2019 and is expected to reach US$ 4,849.3 Mn by 2027 at a CAGR of 3.4% during the 
forecast period. 
Major sport bodies are focused on organizing wheelchair sports tournaments, which is expected to 
boost demand for wheelchairs. For instance, The National Wheelchair Basketball Association organizes 
National Wheelchair Basketball Championship throughout the U.S. and Canada. 
Major players in the market are focused on raising funds to expand their product portfolio. For instance, 
in December 2019, Ottobock SE & Co. KGaA, a provider of prosthetic limbs, orthotic supports, and 
wheelchairs, received financing of up to US$ 110 million from the European Investment Bank. 
Major players operating in the global wheelchair and components market include: 
OEM Companies: Invacare Corp., Ottobock, Permobil AB, Pride Mobility Products Corp., Handicare, 
Sunrise Medical, Hoveround, Panthera X, 21st Century Scientific, Inc., and Meyra Wilhelm Meyer GmbH 
& Co. KG 
Tier 1 Component Suppliers Companies: Tetra Equipment GMBH, Custom Engineered Wheels, The 
Wheelchair Place, LLC, Alber GmbH, and Intelli Wheels 
Material Suppliers Companies: E.I. DuPont De Nemours and Company, Toray Industries, Inc., Mitsubishi 
Rayon Co., Ltd., Toho Tenax, and Shanghai Cedar Composites Technology Co., Ltd. 
Key players in the market are focused on optimizing their wheelchair manufacturing facilities in order to 
enhance their market share. For instance, in February 2018, Invacare Corporation announced to transfer 
production of Küschall manual wheelchairs from its facility in Witterswil, Switzerland to its wheelchair 
manufacturing facility in Fondettes, France. 
Key players in the market are also focused on introducing advanced technologies in its products to 
enhance their market share. For instance, in April 2018, Permobil Manual Wheelchairs, launched the 
new Precision Lock Back Angle Adjustment technology for its wheelchairs. 
 
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