Norway Electric Wheelchair Market Size & Outlook
Norway electric wheelchair market, 2018-2030 (US$M)
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Norway electric wheelchair market highlights
- The Norway electric wheelchair market generated a revenue of USD 5.4 million in 2023 and is expected to reach USD 7.9 million by 2030.
- The Norway market is expected to grow at a CAGR of 5.5% 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 5.4 million |
| Market revenue in 2030 | USD 7.9 million |
| Growth rate | 5.5% (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, Norway 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 |
|---|
Norway 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 68.52% in 2024. Horizon Databook has segmented the Norway electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Growing disability cases fuel the growth of the market. According to a Disability:IN article published in January 2024, in Norway, 15% of the population lives with some form of disability. This substantial percentage highlights the critical need for effective mobility aids, such as electric wheelchairs.
The significant proportion of individuals with disabilities underscores the importance of accessible and reliable mobility solutions to enhance daily living and independence for those affected. Increased demand for mobility solutions fuels the growth of the market.
According to a Norwegian Handicap Association article published in 2020, about 50,000 individuals in Norway rely on wheelchairs for mobility. This substantial number reflects the significant demand for mobility solutions, including electric wheelchairs, in the country.
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Target buyers of Norway 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 Norway electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Norway electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway electric wheelchair market size, by product, 2018-2030 (US$M)
Norway Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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