The forecast for the export of mechanically propelled wheelchairs from Japan indicates a consistent year-on-year decline from 2024 to 2028. Specifically, the values show a decrease from 1.8131 million USD in 2024 to 1.6433 million USD in 2028. This marks a 3% decline in both 2025 and 2026, followed by a 2.5% decline in 2027 and 2028. The average annual decrease over the forecasted five-year period (CAGR) is approximately 2.5%, following actual data from 2023 wherein the value stood at 1.8573 million USD.
Future trends to watch for include:
- Technological advancements in wheelchair design that may impact export volumes.
- Shifts in global healthcare policies and funding that could either positively or negatively influence demand.
- Market competition and emerging players in the market potentially altering market share distribution.