Market revenue in 2023 | USD 21.1 million |
Market revenue in 2030 | USD 31.0 million |
Growth rate | 5.7% (CAGR from 2023 to 2030) |
Largest segment | Adult |
Fastest growing segment | Pediatric |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Adult, Pediatric |
Key market players worldwide | Carex Health Brands, Drive Medical, Graham - Field Health Products, Invacare, Medline Industries, Sunrise Medical, Quantum Rehab, Numotion, Pride Mobility Products Corp, Seating Matters, Karman Healthcare |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric wheelchair market will help companies and investors design strategic landscapes.
Adult was the largest segment with a revenue share of 66.35% in 2024. Horizon Databook has segmented the Argentina electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in disability cases drives the growth of the market. According to the Borgen Project article published in November 2020, with about 5 million Argentines living with disabilities, the demand for advanced mobility solutions, such as electric wheelchairs, is rising. This substantial number of individuals with disabilities underscores a critical need for effective mobility aids to support daily living and independence.
Electric wheelchairs offer significant advantages over traditional mobility aids, providing enhanced stability and ease of use for individuals with severe mobility challenges. In Argentina, several manufacturers are contributing to advancements in electric wheelchairs, focusing on enhancing mobility for individuals with disabilities drives the growth of the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Argentina electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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