Italy Electric Wheelchair Market Size & Outlook, 2024-2030
Italy electric wheelchair market, 2018-2030 (US$M)
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Italy electric wheelchair market highlights
- The Italy electric wheelchair market generated a revenue of USD 29.0 million in 2023 and is expected to reach USD 46.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.8% 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 29.0 million |
| Market revenue in 2030 | USD 46.1 million |
| Growth rate | 6.8% (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, Italy accounted for 1.4% 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 |
|---|
Italy 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 68.62% in 2024. Horizon Databook has segmented the Italy electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Italy electric wheelchair market is growing owing to the rising injuries in road accidents and growing elderly population. According to a Story Maps article, in 2023, Italy recorded 3,039 fatalities due to road accidents, marking a 3.8% decrease compared to the previous year.
However, the number of injuries rose slightly, with 224,634 individuals sustaining injuries, a 0.5% increase. In addition, there were 166,525 road accidents, reflecting a 0.4% uptick. This rise in road traffic injuries underscores the growing need for mobility solutions, such as electric wheelchairs, especially for individuals with long-term mobility challenges resulting from severe accidents.
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Target buyers of Italy 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 Italy electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Italy electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy electric wheelchair market size, by product, 2018-2030 (US$M)
Italy Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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