Brazil Electric Wheelchair Market Size & Outlook
Brazil electric wheelchair market, 2018-2030 (US$M)
Related Markets
Brazil electric wheelchair market highlights
- The Brazil electric wheelchair market generated a revenue of USD 41.3 million in 2023 and is expected to reach USD 59.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, adult was the largest revenue generating category type in 2023.
- Pediatric is the most lucrative category type segment registering the fastest growth during the forecast period.
Electric wheelchair market data book summary
| Market revenue in 2023 | USD 41.3 million |
| Market revenue in 2030 | USD 59.3 million |
| Growth rate | 5.3% (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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.1% of the global electric wheelchair market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil electric wheelchair market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 40.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Electric Wheelchair Market Scope
Electric Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil electric wheelchair market outlook
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 66.83% in 2024. Horizon Databook has segmented the Brazil electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing incidence of Parkinson’s disease drives the market growth. According to an Elsevier Inc. article published in July 2024, projections indicate that the number of cases in Brazil will surge from approximately 535,000 in 2024 to 1,250,000 by 2060.
Parkinson’s disease leads to progressive motor symptoms, including severe tremors, muscle rigidity, and balance difficulties, which significantly impair mobility. With advancing disease, individuals often experience increased difficulty in walking and performing daily activities independently.
This escalating prevalence of Parkinson’s disease necessitates the use of electric wheelchairs, which offer critical support for managing these mobility challenges. Electric wheelchairs provide enhanced stability and ease of movement, which are essential for individuals struggling with advanced motor impairments.
Reasons to subscribe to Brazil electric wheelchair market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Brazil electric wheelchair market databook
-
Our clientele includes a mix of electric wheelchair market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Brazil electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil electric wheelchair market size, by product, 2018-2030 (US$M)
Brazil Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
