The wheelchair market is expected to reach $7.5 billion by 2024, growing at a CAGR of 7.2% between 2019 and 2024. Key drivers of market growth include the rising elderly population, increasing rates of spinal cord injuries, and obesity. The market is segmented based on product type, category, function, end use, and region. Top companies in the industry are Invacare Corporation, Pride Mobility Products Corporation, Sunrise Medical Limited, OttoBock Healthcare GmbH, and Permobil AB. Emerging trends include greater adoption of power-assisted devices and development of hybrid concept wheelchairs.