The Mechanic Wheelchairs market in Spain demonstrated notable fluctuations in value from 2012 to 2022. In 2012 and 2013, the market faced a decline in value, with yearly decreases of -6.17% and -6.58%, respectively. However, a significant rebound occurred starting in 2014, with values rising year-on-year, peaking in 2016 with a 16.73% increase. Post-2016, the market displayed modest variations, peaking in 2019 at a value of 49.084 million US dollars, followed by consistent but modest increases, reaching 51.997 million US dollars in 2022.
Over the last two years, the market experienced slight upticks with increases of 1.62% and 1.77% in 2021 and 2022, respectively. The Compound Annual Growth Rate (CAGR) over the last five years has been relatively stable at 2.17%.
Future trends to watch for in the Mechanic Wheelchairs market in Spain include advancements in wheelchair technology, increased healthcare infrastructure, and expanded accessibility initiatives. These factors are likely to sustain moderate market growth and maintain a steady increase in market value for the coming years.
How does Spain rank in Mechanic Wheelchairs Market Size Value?
| # | 20 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,122,900,000 | 2023 | +1.06% | +1.12% | View data |
| 2 | 2 China | 451,350,000 | 2023 | +2.58% | +2.21% | View data |
| 3 | 3 United Kingdom | 210,560,000 | 2023 | +1.11% | +1.16% | View data |
| 4 | 4 France | 139,140,000 | 2023 | +0.1% | -0.33% | View data |
| 5 | 5 Germany | 112,020,000 | 2023 | +1.35% | +0.85% | View data |
| 6 | 6 Canada | 85,536,000 | 2023 | +0.2% | -1.21% | View data |
| 7 | 7 Spain | 54,197,000 | 2023 | +2.44% | +2.51% | |
| 8 | 8 Italy | 51,630,000 | 2023 | -1.32% | -1.41% | View data |
| 9 | 9 India | 35,145,000 | 2023 | +2.39% | +2.28% | View data |
