Europe Electric Wheelchair Market Size & Outlook
Europe electric wheelchair market, 2018-2030 (US$M)
Related Markets
Europe electric wheelchair market highlights
- The Europe electric wheelchair market generated a revenue of USD 631.4 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, adult was the largest revenue generating category type in 2023.
- Pediatric is the most lucrative category type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 631.4 million |
| Market revenue in 2030 | USD 984.5 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Adult |
| Fastest growing segment | Pediatric |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adult, Pediatric |
| Key market players worldwide | Carex Health Brands, Drive Medical, Graham - Field Health Products, Invacare, Medline Industries, Sunrise Medical, Quantum Rehab, Numotion, Pride Mobility Products Corp, Seating Matters, Karman Healthcare |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.5% of the global electric wheelchair market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 698.6 million by 2030.
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Electric Wheelchair Market Scope
Electric Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe electric wheelchair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric wheelchair market will help companies and investors design strategic landscapes.
Adult was the largest segment with a revenue share of 68.78% in 2024. Horizon Databook has segmented the Europe electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population in developed economies, such as Germany, the UK, France, & Italy, and untapped opportunities in Eastern Europe are among the factors expected to drive the electric wheelchair market during the forecast period. Changes in Europe’s sociodemographic structure are likely to boost the demand for mobility aids further.
An increase in the number of disabled individuals in the workforce, growing incidence of birth defects & disabilities in children, and the introduction of disability laws to enable individuals to enjoy a normal lifestyle & social status are some of the other factors expected to drive the sales of mobility devices in European countries.
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Target buyers of Europe electric wheelchair market databook
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Our clientele includes a mix of electric wheelchair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electric wheelchair market , including forecasts for subscribers. This continent databook contains high-level insights into Europe electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe electric wheelchair market size, by country, 2018-2030 (US$M)
Europe Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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