Australia Wheelchair Market Size & Outlook, 2023-2030
Australia wheelchair market, 2018-2030 (US$M)
Related Markets
Australia wheelchair market highlights
- The Australia wheelchair market generated a revenue of USD 88.4 million in 2023 and is expected to reach USD 152.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, manual was the largest revenue generating product in 2023.
- Manual is the most lucrative product segment registering the fastest growth during the forecast period.
Wheelchair market data book summary
| Market revenue in 2023 | USD 88.4 million |
| Market revenue in 2030 | USD 152.7 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Manual |
| Fastest growing segment | Manual |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual, Electric |
| 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 |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global 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 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 327.7 million by 2030.
Manual was the largest segment with a revenue share of 61.2% in 2023. Horizon Databook has segmented the Australia wheelchair market based on manual, electric covering the revenue growth of each sub-segment from 2018 to 2030.
Two of every five adults with disabilities are aged 65 years or older. 1.9 million people with disabilities are aged 65 years and older, accounting for nearly half of all adults with disabilities (44.5%). This reflects a rapidly aging population and an increase in Australians' life expectancy.
For instance, according to the world bank, 15.9% of the population of Australia was aged 65 or above in 2019. Rising number of people with disability across the country is also boosting the demand. The rising cases of accidental injuries can be attributed for the market growth in Australia. For instance, in 2017-18, there were 532,562 injury hospitalization cases.
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Wheelchair Market Scope
Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia wheelchair market size, by product, 2018-2030 (US$M)
Australia Wheelchair Market Outlook Share, 2023 & 2030 (US$M)
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