Thailand Electric Wheelchair Market Size & Outlook
Thailand electric wheelchair market, 2018-2030 (US$M)
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Thailand electric wheelchair market highlights
- The Thailand electric wheelchair market generated a revenue of USD 16.3 million in 2023 and is expected to reach USD 28.6 million by 2030.
- The Thailand market is expected to grow at a CAGR of 8.4% 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 16.3 million |
| Market revenue in 2030 | USD 28.6 million |
| Growth rate | 8.4% (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, Thailand accounted for 0.8% 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 Asia Pacific, China electric wheelchair market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 122.0 million by 2030.
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Electric Wheelchair Market Scope
Electric Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Thailand 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 66.87% in 2024. Horizon Databook has segmented the Thailand electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Growing disability cases drives the growth of the market. According to a Nation Thailand article published in December 2023, in Thailand, out of 2.2 million individuals with disabilities, approximately 1.29 million are aged 60 and above.
This substantial number of elderly individuals with disabilities underscores an increasing need for advanced mobility solutions, such as electric wheelchairs. As the elderly population continues to grow, a sharp rise in demand for electric wheelchairs is anticipated.
These devices are crucial in enhancing mobility, independence, and overall quality of life for older adults facing mobility challenges. The growing market for electric wheelchairs in Thailand will meet the needs of the aging demographic, ensuring better access and support for elderly individuals with disabilities.
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Target buyers of Thailand 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 Thailand electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Thailand electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand electric wheelchair market size, by product, 2018-2030 (US$M)
Thailand Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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