The South African wheelchair parts market has shown significant fluctuations from 2012 to 2022, with values ranging between 7.1817 million USD and 9.9095 million USD. Remarkably, the market saw a considerable growth year in 2018, with a 20.39% increase, and in 2021, with a 6.32% rise, following a previous period of decline from 2012 to 2014. Despite a drop of 7.79% in 2022, the market has displayed an overall positive CAGR of 4.36% over the last five years, indicating steady long-term growth.
Moving forward, the market is likely to be influenced by advancements in technology, increased demand for mobility aids, rising awareness about accessibility, and an aging population. Monitoring these future trends will be crucial to understanding the evolving dynamics of the wheelchair parts market in South Africa.
How does South Africa rank in Wheelchair Parts Market Size Value?
# | 15 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 2,163,100,000 | 2023 | +1.71% | +1.56% | View data |
2 | 2 United Kingdom | 341,600,000 | 2023 | +2.65% | +2.6% | View data |
3 | 3 Germany | 325,340,000 | 2023 | +0.26% | +0.48% | View data |
4 | 4 France | 195,480,000 | 2023 | +1.4% | +1.09% | View data |
5 | 5 Canada | 175,130,000 | 2023 | +0.92% | +1.75% | View data |
11 | 11 Belgium | 26,825,000 | 2023 | +2.62% | +2.52% | View data |
12 | 12 Austria | 17,939,000 | 2023 | -2.56% | -2.74% | View data |
13 | 13 South Africa | 9,264,800 | 2023 | +1.39% | +0.83% | |
14 | 14 Israel | 8,933,800 | 2023 | +2.6% | +2.66% | View data |
15 | 15 Croatia | 1,576,300 | 2023 | +2.29% | +0.61% | View data |