Europe Wheelchair Market Size & Outlook, 2023-2030
Europe wheelchair market, 2018-2030 (US$M)
Related Markets
Europe wheelchair market highlights
- The Europe wheelchair market generated a revenue of USD 1,631.2 million in 2023.
- The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, manual was the largest revenue generating product in 2023.
- Manual is the most lucrative product 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 1,631.2 million |
| Market revenue in 2030 | USD 2,585.2 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Manual |
| Fastest growing segment | Manual |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual, Electric |
| 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.6% of the global 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 1,876.4 million by 2030.
Manual was the largest segment with a revenue share of 61.18% in 2023. Horizon Databook has segmented the Europe wheelchair market based on manual, electric covering the revenue growth of each sub-segment from 2018 to 2030.
Europe’s market is being driven by factors such as growing geriatric population, as well as an increase in the number of disorders requiring mobility support, such as spinal cord injuries. In terms of wheelchair availability and acceptance, the European market is still in its nascent stage.
In comparison to rural areas, enhanced medical facilities have resulted in a significant growth in the elderly population in cities. As the population ages, more people are expected to acquire mobility challenges, driving the demand for wheelchairs. Furthermore, market growth is likely to be fueled by advancements in wheelchair technology, as well as increased awareness about advanced products.
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Wheelchair Market Scope
Wheelchair Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe wheelchair market size, by country, 2018-2030 (US$M)
Europe Wheelchair Market Outlook Share, 2023 & 2030 (US$M)
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