The Latin America, Middle East and Africa Electric Wheelchair Market would witness market growth of 10.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 226.5 thousand units, showcasing a growth of 12.6% (2023-2030).
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.
Free Valuable Insights: The Worldwide Electric Wheelchair Market is Projected to reach USD 6.8 Billion by 2030, at a CAGR of 8.7%
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.
By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Product Type (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Country (Volume, Thousand Units, USD Billion, 2019 to 2030)
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