China dominates the global export market for invalid carriages and wheelchairs, holding over half of the market share by value. Germany, the United States, and Mexico follow, albeit with significantly lower shares. Notably, China and Germany have shown substantial year-on-year growth, with China leading in the last year's data. The United States and Mexico also exhibited moderate growth, while countries like Sweden and Switzerland experienced a decline.
Looking ahead, China is likely to maintain its leadership due to its strong manufacturing base and cost advantages. European countries, such as Germany and the Netherlands, may continue to innovate technologically, enhancing their competitive edge. Emerging markets like India and Canada, showing positive growth, might capture an increasing share of the global market by enhancing production capabilities and capitalizing on lower production costs. Global economic conditions, innovations, and regulatory changes will be critical factors affecting future trends in this sector.
Top countries in Export of Invalid Carriages and Wheelchairs Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51.07 | 2023 | +3.3% | +3.07% | View data |
| 2 | 2 Germany | 10.25 | 2023 | +0.97% | +0.85% | View data |
| 3 | 3 United States | 5.19 | 2023 | +1.39% | +1.3% | View data |
| 4 | 4 Mexico | 5.1 | 2023 | +3.13% | +1.97% | View data |
| 5 | 5 Netherlands | 4.14 | 2023 | +1.91% | +2.64% | View data |
| 6 | 6 Sweden | 3.6 | 2023 | -1.6% | -0.2% | View data |
| 7 | 7 France | 3.28 | 2023 | +3.84% | +2.61% | View data |
| 8 | 8 Canada | 3.05 | 2023 | +4.21% | +7.52% | View data |
| 9 | 9 Poland | 2.71 | 2023 | +3.47% | +3.21% | View data |
| 10 | 10 Denmark | 2.3 | 2023 | +3.6% | +6.09% | View data |
