Market revenue in 2023 | USD 332.3 million |
Market revenue in 2030 | USD 598.9 million |
Growth rate | 8.8% (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 |
Manual was the largest segment with a revenue share of 61.18% in 2023. Horizon Databook has segmented the China wheelchair market based on manual, electric covering the revenue growth of each sub-segment from 2018 to 2030.
The expanding and significant population of older citizens and disabled people has resulted in an increase in the need for wheelchairs. For instance, according to the world bank, 11.5% of the population of China 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 China. For instance, according to the WHO, urban injury mortality is the biggest reason tarnishing the life expectancy of China.
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