Australia Electric Wheelchair Market is Segmented By Modality (Rear Wheel Drive Electric Wheelchair, 4 Wheel Drive Electric Wheelchair, Front Wheel Dr....
Market Size in USD
CAGR9.40%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 9.40% |
Market Concentration | High |
Major Players | SUNRISE MEDICAL (US) LLC, Invacare Corporation, KYMCO Healthcare, MEYRA GmbH, Invacare Corporation |
The Australia Electric Wheelchair Market is estimated to be valued at USD 254.2 Mn 2024 and is expected to reach USD 476.8 Mn by 2031, growing at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The aging population in Australia is driving the need for mobility assistance products. The number of Australians over 65 years is projected to reach 8.8 million by 2031, increasing the demand for electric wheelchairs.