In 2023, the import of invalid carriages and wheelchairs to Malaysia stood at 11.76 million US dollars. Based on the forecasted data, there is a consistent upward trend from 2024 to 2028. From 2024 to 2025, we see a year-on-year increase of 3.28%. The period from 2025 to 2026 shows a rise of 3.13%, while 2026 to 2027 reflects a growth of 2.96%. The increase from 2027 to 2028 is 2.82%. Overall, the compound annual growth rate (CAGR) between 2024 and 2028 stands at 3.00%.
Future trends to watch for include advancements in medical technology, an aging population, and changes in healthcare policies which may further boost demand for invalid carriages and wheelchairs in Malaysia.
