North America Wheelchair Market Is Slated To Witness Tremendous Growth In Future
North America Wheelchair Industry The North America wheelchair market size is expected to reach USD 2.9 billion by 2030, expanding at a CAGR of 7.1% from 2022 to 2030, according to a new report by Grand View Research, Inc. This is mainly due to an increase in the adoption of advanced, compact, and portable mobility aids on account of the growing target population in the U.S. Rising geriatric population is most likely to create higher demand for mobility products, such as wheelchairs. As per the U.S. Census Bureau, mobility is the most common disability among older Americans in 2022. 61 million adults live with a disability in the U.S. today, out of which, 13.7% have mobility disabilities with serious difficulties faced while walking or climbing stairs. The COVID-19 pandemic exacerbated a global shipping and logistics crisis in early 2020, resulting in container shipping shortages and rising costs. This has led to various interruptions and can continue the worldwide di...