According to our new research study on "Wheelchair and Mobility Aids Market Forecast to 2031 - Global Analysis - by Product, Wheelchairs, Application, End User, and Distribution Channel," the market is expected to grow from US$ 18.27 billion in 2024 to US$ 29.30 billion by 2031; it is estimated to record a CAGR of 7.2% from 2025-2031. Key factors driving the growth of the wheelchair and mobility aids market are the increasing geriatric population and rising mobility impairment disorders. However, the high cost of advanced mobility aids hinders the market's growth.

The scope of the wheelchair and mobility aids market report includes the assessment of the market performance in North America, Europe, Asia Pacific, South and Central America, and the Middle East and Africa. Asia Pacific is anticipated to register the fastest CAGR in the wheelchair and mobility aids market from 2025 to 2031. The market growth in the region is attributed to the growing prevalence of spinal and brain disorders and disabilities, as well as the surging number of surgical procedures, including craniotomy. Also, continuously advancing healthcare infrastructure with the rising government support is bolstering the wheelchair and mobility aids market growth in the Asia Pacific. Additionally, the rising incidence of disabilities due to chronic diseases, accidents, and congenital conditions contributes to market expansion. Economic development across emerging markets like India and Southeast Asia is improving healthcare infrastructure and accessibility, while increasing government initiatives and public awareness campaigns are promoting the adoption of mobility aids. Furthermore, technological advancements and the availability of cost-effective products from regional manufacturers are making mobility solutions more accessible to a broader population. These factors, combined with growing investments in healthcare and a shift towards home healthcare solutions, are fueling sustained market growth across the Asia-Pacific region.

China, India, and Japan are three significant contributors to the market growth in this region. The market growth in this country is mainly attributed to the rising number of neurosurgeries performed and the increasing burden of various other brain surgeries. The burgeoning number of cases of road accidents across the country is anticipated to favor the wheelchairs and mobility aids market in the coming years. China has more patients with cerebrovascular stroke than most other countries in the world. According to estimates provided by the China Stroke High-Risk Population Screening and Intervention Program, ~17.8 million adults in China experienced a stroke in 2020, with 3.4 million experiencing their first-ever stroke, while ~2.3 million people succumbed to death due to this condition.

Moreover, according to the World Economic Forum, ~36.23 million people in Japan, i.e., almost one-third of the population, are aged more than 65. The elderly population is more prone to developing risks associated with mobility due to wear and tear of the spine and bones. Japan accounts for the most significant percentage of the geriatric population across the world, along with high per capita healthcare expenditures. Owing to early diagnostic capabilities, Japan boasts an advanced healthcare system with easy access to the optimum treatment and emergent care for disabilities. Moreover, to address the needs of the aging population, the government of Japan supports the accelerated approval of innovative new technologies, which encourages the progress of medical device companies, including domestic and foreign. The well-defined and prompt regulatory environment also attracts many new companies to the Japanese market, aiding the wheelchair and mobility aids market in the region.

Furthermore, the wheelchairs and mobility aids market in India is expected to grow due to an upsurge in stroke and disability cases. According to the Indian Stroke Association, 1.8 million stroke cases are reported annually. As per the same report, the fatality rate due to brain stroke is as high as 42% in northeastern states and coastal areas in India, the highest in the world. As per a doctor from the Max Super Specialty Hospitals, New Delhi, India has a higher stroke incidence than many other countries, and ~1.8 million Indians experience a stroke every year. According to the article "India's Wheelchair Market is a Nascent Market with Double Digit Growth Rate," India has ~20 million people with disabilities, and 11 million people out of them have locomotor disabilities. The prevalence of locomotive disability among the disabilities is highest in the country, i.e., 1,046 per 100,000 people in rural areas and 901 per 100,000 people in urban areas. India is known for rapid technological innovations and acceptance of the same, which is likely to create opportunities for domestic and international medical device companies to collaborate to develop advanced wheelchairs and mobility scooters, supporting the wheelchair and mobility aids market growth.

As per a report published by the Organization for Economic Co-operation and Development (OECD), as per the Parliament of Australia, total spending on health in 2021-2022 was estimated to be US$ 55.05 billion, representing 16.7% of the total expenditure of the government. The support from the government to control the prevalence and incidence of neurological diseases and the increase in surgeries that can reduce mobility among patients for some periods are likely to fuel the demand for wheelchairs and mobility scooters in the country. The wheelchairs and mobility aids market are also expected to grow due to the rising cases of brain injuries. According to the Australian Institute of Health and Welfare, ~406,000 emergency department presentations, 142,000 hospitalizations, and 2,400 deaths in Australia were due to head injuries in 2021. Further, there is a rise in the number of research institutes supporting the progress of studies related to wheelchairs and mobility scooters in the country. Therefore, the factors mentioned above are promoting a favorable environment for the wheelchair and mobility aids market in the region.

Invacare Corp, Ottobock Se & Co KGAA, Sunrise Medical, Permobil, Hoggi Gmbh, Karma Medical Products Co Ltd, Drive Devilbiss Healthcare Ltd, Meyra Gmbh, Ostrich Mobility Instruments Pvt Ltd, Glide Products, Levo Ag, Merits Health Products Co Ltd, Hoveround Corporation, and Pride Mobility Products Corp. are among the leading companies profiled in the wheelchair and mobility aids market report.

Based on product, the wheelchair and mobility aids market is segmented into wheelchairs, mobility scooters, walking aids, and others. In terms of wheelchairs, the market is categorized into manual, powered, power-assisted, and accessories. Based on application, the wheelchair and mobility aids market is segmented into neurologically impaired, handicap patients, and other applications. In terms of end user, the market is categorized into homecare, hospitals and clinics, rehabilitation centers, and others. Based on distribution channel, the wheelchair and mobility aids market is bifurcated into online and offline. Geographically, the market is categorized into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific), the Middle East and Africa (Saudi Arabia, South Africa, the UAE, and the Rest of Middle East and Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).

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