Japan Wheelchair Market Size & Outlook, 2023-2030
Japan wheelchair market, 2018-2030 (US$M)
Related Markets
Japan wheelchair market highlights
- The Japan wheelchair market generated a revenue of USD 196.7 million in 2023 and is expected to reach USD 349.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.6% 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 196.7 million |
| Market revenue in 2030 | USD 349.7 million |
| Growth rate | 8.6% (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, Japan accounted for 3.8% 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 61.16% in 2023. Horizon Databook has segmented the Japan wheelchair market based on manual, electric covering the revenue growth of each sub-segment from 2018 to 2030.
The geriatric population is a key target audience with a large proportion in nations such as Japan. According to figures provided by Japan’s health ministry, 9.36 million citizens have been diagnosed with some sort of disability, accounting for more than 7% of the population.
As per the Commonwealth Fund, SHIS has set plans to cover durable medical equipment prescribed by physicians, such as oxygen therapy equipment. Individuals with disabilities requiring other equipment like hearing aids or wheelchairs receive government subsidies to help cover the cost.
National compulsory Long-Term Care Insurance (LTCI) in the country, administered by municipalities overlooked by the national government, covers those aged 65 and older, people aged 40 to 64 with select disabilities requiring assistance with services or devices, and disability equipment & assistive devices.
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Wheelchair Market Scope
Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan wheelchair market size, by product, 2018-2030 (US$M)
Japan Wheelchair Market Outlook Share, 2023 & 2030 (US$M)
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