Australia Electric Wheelchair Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Australia Electric Wheelchair Market is Segmented By Modality (Rear Wheel Drive Electric Wheelchair, 4 Wheel Drive Electric Wheelchair, Front Wheel Dr....

Australia Electric Wheelchair Market Size

Market Size in USD

CAGR9.40%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR9.40%
Market ConcentrationHigh
Major PlayersSUNRISE MEDICAL (US) LLC, Invacare Corporation, KYMCO Healthcare, MEYRA GmbH, Invacare Corporation 
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Australia Electric Wheelchair Market Analysis

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.