Germany Electric Wheelchair Market Size & Outlook
Germany electric wheelchair market, 2018-2030 (US$M)
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Germany electric wheelchair market highlights
- The Germany electric wheelchair market generated a revenue of USD 209.8 million in 2023 and is expected to reach USD 318.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.1% 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.
Electric wheelchair market data book summary
| Market revenue in 2023 | USD 209.8 million |
| Market revenue in 2030 | USD 318.5 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Adult |
| Fastest growing segment | Pediatric |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 10.5% of the global electric wheelchair market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany electric wheelchair market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 140.0 million by 2030.
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Electric Wheelchair Market Scope
Electric Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 Germany electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is expected to witness lucrative growth during the forecast period owing to growing accident & disability rates, ongoing advancements in technology, and improving healthcare infrastructure. According to Statistisches Bundesamt article, in February 2023, approximately 21,600 individuals sustained injuries as a result of road traffic accidents in Germany.
This significant number of casualties underscores the persistent challenges associated with road safety. These statistics highlight an ongoing demand for mobility aids. As road traffic accidents contribute to a range of injuries, including those that may necessitate long-term mobility solutions, there is an increased need for advanced electric wheelchairs to support recovery and enhance the quality of life for affected individuals.
This trend could drive further growth and innovation within the market as people respond to the evolving needs of those injured in such incidents.
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Target buyers of Germany 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 country-level data and insights on the Germany electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Germany electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany electric wheelchair market size, by product, 2018-2030 (US$M)
Germany Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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