Brazil Personal Mobility Devices Market Size & Outlook
The personal mobility devices market in Brazil is expected to reach a projected revenue of US$ 372.6 million by 2030. A compound annual growth rate of 5.5% is expected of Brazil personal mobility devices market from 2024 to 2030.
Brazil personal mobility devices market highlights
The Brazil personal mobility devices market generated a revenue of USD 255.7 million in 2023 and is expected to reach USD 372.6 million by 2030.
The Brazil market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
In terms of segment, wheelchairs was the largest revenue generating product in 2023.
Wheelchairs is the most lucrative product segment registering the fastest growth during the forecast period.
Personal mobility devices market data book summary
Market revenue in 2023
USD 255.7 million
Market revenue in 2030
USD 372.6 million
Growth rate
5.5% (CAGR from 2023 to 2030)
Largest segment
Wheelchairs
Fastest growing segment
Wheelchairs
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Scooters, Wheelchairs, Walking Aids
Key market players worldwide
Drive DeVilbiss Healthcare France, Graham Holdings Co, Graham - Field Health Products, Invacare, Carex Health Brands, Briggs Healthcare Corp., Medline Industries, Performance Health
Other key industry trends
In terms of revenue, Brazil accounted for 2.3% of the global personal mobility devices market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil personal mobility devices market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in Latin America and is projected to reach USD 260.3 million by 2030.
Brazil accounts for 35.0% of Latin America personal mobility devices market. Growing geriatric population in the country is attributable for the market growth. For instance, according to the world bank, 9.3% of the population of Brazil was aged 65 or above in 2019. Rising number of people with disability across the country is also boosting the demand.
For instance, over 16 million people in Brazil suffer from disability. Also, rising cases of accidental injuries can be attributed for the market growth in Brazil. For instance, over 40,000 people are killed in road accidents in Brazil every year.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Personal Mobility Devices Market Outlook will help companies and investors design strategic landscapes.
Wheelchairs was the largest segment with a revenue share of 41.92% in 2023.
Horizon Databook has segmented the Brazil personal mobility devices market based on scooters, wheelchairs, walking aids covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounts for 35.0% of Latin America personal mobility devices market. Growing geriatric population in the country is attributable for the market growth. For instance, according to the world bank, 9.3% of the population of Brazil was aged 65 or above in 2019. Rising number of people with disability across the country is also boosting the demand.
For instance, over 16 million people in Brazil suffer from disability. Also, rising cases of accidental injuries can be attributed for the market growth in Brazil. For instance, over 40,000 people are killed in road accidents in Brazil every year.
Brazil Personal Mobility Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
Scooters
Wheelchairs
Walking Aids
Reasons to subscribe to Personal Mobility Devices Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Personal Mobility Devices Market Outlook databook
Our clientele includes a mix of Personal Mobility Devices Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Personal Mobility Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Personal Mobility Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Personal Mobility Devices Market, 2018-2030 (US$M)