Denmark Electric Wheelchair Market Size & Outlook
Denmark electric wheelchair market, 2018-2030 (US$M)
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Denmark electric wheelchair market highlights
- The Denmark electric wheelchair market generated a revenue of USD 6.4 million in 2023 and is expected to reach USD 8.9 million by 2030.
- The Denmark market is expected to grow at a CAGR of 4.8% 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 6.4 million |
| Market revenue in 2030 | USD 8.9 million |
| Growth rate | 4.8% (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, Denmark accounted for 0.3% 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 Europe, Germany electric wheelchair market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 140.0 million by 2030.
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Electric Wheelchair Market Scope
Electric Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Denmark 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 68.75% in 2024. Horizon Databook has segmented the Denmark electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Rising disability cases drive the growth of the market. According to a Disability:IN. article published in January 2024, in Denmark, 30% of adults aged 16 to 64 report having a long-term health problem or physical disability, with 12% categorizing their condition as a major disability.
These figures reflect a significant segment of the population facing substantial mobility limitations. As a result, there is an obvious need for improved mobility solutions, such as electric wheelchairs, to address the specific requirements of those with major disabilities.
This highlights the necessity for a well-developed electric wheelchair market to effectively support and enhance the quality of life for individuals with severe mobility impairments.
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Target buyers of Denmark electric wheelchair market databook
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Our clientele includes a mix of electric wheelchair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Denmark electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Denmark electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark electric wheelchair market size, by product, 2018-2030 (US$M)
Denmark Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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