Spain Electric Wheelchair Market Size & Outlook, 2024-2030
Spain electric wheelchair market, 2018-2030 (US$M)
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Spain electric wheelchair market highlights
- The Spain electric wheelchair market generated a revenue of USD 52.5 million in 2023 and is expected to reach USD 82.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.7% 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 52.5 million |
| Market revenue in 2030 | USD 82.9 million |
| Growth rate | 6.7% (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, Spain accounted for 2.6% 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 |
|---|
Spain 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 68.57% in 2024. Horizon Databook has segmented the Spain electric wheelchair market based on adult, pediatric covering the revenue growth of each sub-segment from 2018 to 2030.
Growing number of accident cases in Spain drives the market. According to the general expatriate’s article published in March 2024, Spain reported 1,042 fatal road accidents, which led to 1,145 fatalities and 4,008 serious injuries, in 2022.
Although these figures indicate that Spain’s road safety record is better compared to some other European nations, they emphasize the ongoing challenges and risks on the roads. This context is relevant for the electric wheelchair market, as it highlights the importance of accessible transportation solutions for individuals with mobility impairments in Spain.
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Target buyers of Spain 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 Spain electric wheelchair market , including forecasts for subscribers. This country databook contains high-level insights into Spain electric wheelchair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain electric wheelchair market size, by product, 2018-2030 (US$M)
Spain Electric Wheelchair Market Outlook Share, 2024 & 2030 (US$M)
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