South Korea Non-magnetic Wheelchair Market Size & Outlook

The non-magnetic wheelchair market in South Korea is expected to reach a projected revenue of US$ 1.9 million by 2030. A compound annual growth rate of 6.8% is expected of South Korea non-magnetic wheelchair market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.2
Forecast, 2030 (US$M)
$1.9
CAGR, 2024 - 2030
6.8%
Report Coverage
South Korea

South Korea non-magnetic wheelchair market, 2018-2030 (US$M)

South

South Korea non-magnetic wheelchair market highlights

  • The South Korea non-magnetic wheelchair market generated a revenue of USD 1.2 million in 2023 and is expected to reach USD 1.9 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
  • In terms of segment, 100 kg to 150 kg was the largest revenue generating patient weight in 2023.
  • Below 100kg is the most lucrative patient weight segment registering the fastest growth during the forecast period.


Non-magnetic wheelchair market data book summary

Market revenue in 2023USD 1.2 million
Market revenue in 2030USD 1.9 million
Growth rate6.8% (CAGR from 2023 to 2030)
Largest segment100 kg to 150 kg
Fastest growing segmentBelow 100kg
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBelow 100kg, 100 kg to 150 kg, Above 150 kg
Key market players worldwideGraham - Field Health Products, Medequip Healthcare Solutions LLP, Newmatic Medical, AliMed, Innovative Products Unlimited, Wheelchair Medic, Hebei Medical Foundation


Other key industry trends

  • In terms of revenue, South Korea accounted for 2.2% of the global non-magnetic 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 non-magnetic wheelchair market is projected to lead the regional market in terms of revenue in 2030.
  • Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 0.6 million by 2030.

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Non-Magnetic Wheelchair Market Companies

Name Profile # Employees HQ Website

South Korea non-magnetic 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 non-magnetic wheelchair market will help companies and investors design strategic landscapes.


100 kg to 150 kg was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the South Korea non-magnetic wheelchair market based on below 100kg, 100 kg to 150 kg, above 150 kg covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea non-magnetic wheelchair market databook

  • Our clientele includes a mix of non-magnetic 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea non-magnetic wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into South Korea non-magnetic wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea non-magnetic wheelchair market size, by patient weight, 2018-2030 (US$M)

South Korea Non-Magnetic Wheelchair Market Outlook Share, 2023 & 2030 (US$M)

South Korea non-magnetic wheelchair market size, by patient weight, 2018-2030 (US$M)

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