Lithium-ion batteries significantly increase the overall lifespan compared to traditional battery technologies. The longevity of lithium-ion batteries is particularly advantageous for these wheelchairs, as it ensures a more extended period between battery replacements. This improvement in battery life contributes to the reliability and efficiency of these over an extended duration. Lithium-ion batteries are known for their ability to charge rapidly, providing a convenient and time-efficient solution for these users.
The integration of smart technologies is a notable trend in the market. Features such as Bluetooth connectivity, companion apps, and sensors for obstacle detection contribute to enhanced user experience, safety, and connectivity. Growing awareness of the importance of accessibility has led to initiatives and regulations, promoting the inclusion of these in public spaces, transportation systems, and buildings. These initiatives drive the adoption of these as part of a broader effort toward creating accessible environments.
LAMEA countries are experiencing demographic transitions characterized by declining birth rates and increasing life expectancy. These changes are leading to a greater proportion of elderly individuals. According to the data released by the Pan American Health Organisation in 2022, Brazil has nearly 30 million older people, or 13% of the total population, who are 60 or older. This age group will total about 50 million by 2030, making up about 24% of the Brazilian people. Thus, with the rising elderly population in regional nations like Brazil and UAE, the market will grow in the LAMEA region.
The Brazil market dominated the LAMEA Electric Wheelchair Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $153.4 million by 2030. The Argentina market is showcasing a CAGR of 11.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.4% during (2023 - 2030).
Based on Application, the market is segmented into Home Care Settings, and Hospitals & Clinics. Based on Product Type, the market is segmented into Center Wheel Drive, Front Wheel Drive, Standing, Rear Wheel Drive, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Sunrise Medical, Inc., Karman Healthcare, Inc., Dane Technologies, Pride Mobility Products Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), Ottobock SE & Co. KGaA, GF Health Products, Inc., Golden Technologies, and Meyra Group GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)- Home Care Settings
- Hospitals & Clinics
- Center Wheel Drive
- Front Wheel Drive
- Standing
- Rear Wheel Drive
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Invacare Corporation
- Sunrise Medical, Inc.
- Karman Healthcare, Inc.
- Dane Technologies
- Pride Mobility Products Corporation
- Drive DeVilbiss Healthcare (Medical Depot, Inc.)
- Ottobock SE & Co. KGaA
- GF Health Products, Inc.
- Golden Technologies
- Meyra Group GmbH
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- Invacare Corporation
- Sunrise Medical, Inc.
- Karman Healthcare, Inc.
- Dane Technologies
- Pride Mobility Products Corporation
- Drive DeVilbiss Healthcare (Medical Depot, Inc.)
- Ottobock SE & Co. KGaA
- GF Health Products, Inc.
- Golden Technologies
- Meyra Group GmbH
Methodology
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