Brazil Personal Mobility Devices Market Size & Outlook
Brazil personal mobility devices market, 2018-2030 (US$M)
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Brazil personal mobility devices market highlights
- The Brazil personal mobility devices market generated a revenue of USD 255.7 million in 2023 and is expected to reach USD 372.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, wheelchairs was the largest revenue generating product in 2023.
- Wheelchairs is the most lucrative product segment registering the fastest growth during the forecast period.
Personal mobility devices market data book summary
| Market revenue in 2023 | USD 255.7 million |
| Market revenue in 2030 | USD 372.6 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Wheelchairs |
| Fastest growing segment | Wheelchairs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Scooters, Wheelchairs, Walking Aids |
| Key market players worldwide | Drive DeVilbiss Healthcare France, Graham Holdings Co, Graham - Field Health Products, Invacare, Carex Health Brands, Briggs Healthcare Corp., Medline Industries, Performance Health |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global personal mobility devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil personal mobility devices 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 260.3 million by 2030.
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Personal Mobility Devices Market Scope
Personal Mobility Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil personal mobility devices 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 personal mobility devices market will help companies and investors design strategic landscapes.
Wheelchairs was the largest segment with a revenue share of 41.92% in 2023. Horizon Databook has segmented the Brazil personal mobility devices market based on scooters, wheelchairs, walking aids covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounts for 35.0% of Latin America personal mobility devices market. Growing geriatric population in the country is attributable for the market growth. For instance, according to the world bank, 9.3% of the population of Brazil was aged 65 or above in 2019. Rising number of people with disability across the country is also boosting the demand.
For instance, over 16 million people in Brazil suffer from disability. Also, rising cases of accidental injuries can be attributed for the market growth in Brazil. For instance, over 40,000 people are killed in road accidents in Brazil every year.
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Our clientele includes a mix of personal mobility devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil personal mobility devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil personal mobility devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil personal mobility devices market size, by product, 2018-2030 (US$M)
Brazil Personal Mobility Devices Market Outlook Share, 2023 & 2030 (US$M)
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