Europe Electric Wheelchair Market Growth, Size, Trends, Revenue and Future Outlook
Europe Electric Wheelchair Market Size- By Type, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: FMCG2440 | Pages: 1 - 153 | Formats*: |
| Category : Consumer & Retail | |||
Europe Electric Wheelchair Market Introduction and Overview
According to SPER Market Research, the Europe Electric Wheelchair Market is estimated to reach USD XX billion by 2033 with a CAGR of 8.59%.
The report includes an in-depth analysis of the Europe Electric Wheelchair Market, including market size and trends, product mix, distribution channels, and supplier analysis. A power wheelchair, sometimes referred to as an electric wheelchair, is a type of mobility equipment that helps people with restricted mobility get around on their own. Electric wheelchairs have battery-powered motors that allow users to control movement with a joystick or other input devices, in contrast to manual wheelchairs that need physical effort to propel. These wheelchairs are available in a variety of styles and layouts to suit a range of requirements and tastes. For added comfort and customization, they frequently have movable footrests, armrests, and seats. With the help of electric wheelchairs, users can go across a variety of settings with relative ease, including indoor areas, walkways, and even difficult terrain. This gives users more mobility and autonomy.
Market Opportunities and Challenges
Opportunities: Long-term demand for electric wheelchairs in hospitals and healthcare facilities is expected to come primarily from the growing number of disabled people brought on by aging populations and the prevalence of chronic illnesses. This will enhance patient and healthcare worker welfare and is expected to be a major driving force in the market under study. In addition, electric wheelchairs are utilized in in-home care settings to move patients around in a secure and comfortable manner. Because of this, hospitals and senior care facilities should see a rise in the need for electric wheelchairs due to the extraordinary rise in the geriatric population.
Challenges: The European electric wheelchair market is faced with a number of obstacles that stem from both industry-specific elements and more general economic and regulatory reasons. A notable obstacle in the market is the growing rivalry caused by the existence of several suppliers and manufacturers providing a large selection of goods. Businesses in the industry may experience pressure on prices and a decline in profit margins as a result of this rivalry. Furthermore, businesses, especially smaller ones, may encounter difficulties with compliance and certification procedures due to the strict laws and guidelines that control the production and sale of medical devices in Europe.
Market Competitive Landscape
The Electric Wheelchair market in Europe is moderately consolidated. Some of the market key players are Dane Technologies, Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Karman Healthcare, Inc., Meyra Group GmbH, Ottobock SE & Co. KGaA, Pride Mobility Products Corporation, Sunrise Medical, Inc., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By End User |
| Regions covered | Germany, Australia, Switzerland, France, Great Britain, Spain, Italy |
| Companies Covered | Dane Technologies, Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Karman Healthcare, Inc., Meyra Group GmbH, Ottobock SE & Co. KGaA, Pride Mobility Products Corporation, Sunrise Medical, Inc., Others. |
COVID-19 Impact on Europe Electric Wheelchair Market
The market for electric wheelchairs was positively impacted by the COVID-19 epidemic. The virus spread quickly, infecting a large number of hospitals and other healthcare facilities. As a result, in 2020, the market for electric wheelchairs grew. Global sales of electric chairs approached two million units in 2020. It is projected that this growth will continue during the forecast period, mostly as a result of an aging population.
Key Target Audience:
- Healthcare Institutions and Hospitals
- Rehabilitation Centers
- Elderly Care Facilities
- Individuals with Disabilities
- Medical Equipment Distributors and Retailers
- Government Agencies and Regulatory Bodies
- Insurance Companies and Healthcare Payers
Our in-depth analysis of the Europe Electric Wheelchair Market includes the following segments:
| By Type: |
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| By End User: |
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| By Region: |
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Key Topics Covered in the Report
- Europe Electric Wheelchair Market Size (FY’2024-FY’2033)
- Overview of Europe Electric Wheelchair Market
- Segmentation of Europe Electric Wheelchair Market By Type (Front Wheel Drive, Center Wheel Drive, Rear Wheel Drive, Standing Electric Wheelchair)
- Segmentation of Europe Electric Wheelchair Market By End User (Personal, Hospital, Sport Conditioning)
- Expansion Analysis of Europe Electric Wheelchair Market
- Problems and Obstacles in Europe Electric Wheelchair Market
- Competitive Landscape in the Europe Electric Wheelchair Market
- Impact of COVID-19 and Demonetization on Europe Electric Wheelchair Market
- Details on Current Investment in Europe Electric Wheelchair Market
- Competitive Analysis of Europe Electric Wheelchair Market
- Prominent Players in the Europe Electric Wheelchair Market
- SWOT Analysis of Europe Electric Wheelchair Market
- Europe Electric Wheelchair Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Electric Wheelchair Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Electric Wheelchair Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Electric Wheelchair Market
7. Europe Electric Wheelchair Market, By Type (USD Million)
7.1. Europe Electric Wheelchair Market Value Share and Forecast, By Type, 2024-20337.2. Front Wheel Drive7.3. Center Wheel Drive7.4. Rear Wheel Drive
7.5. Standing Electric Wheelchair
8. Europe Electric Wheelchair Market, By End User (USD Million)
8.1. Europe Electric Wheelchair Market Value Share and Forecast, By End User, 2024-20338.2. Personal8.3. Hospital8.4. Sport Conditioning
9. Europe Electric Wheelchair Market Forecast, 2020-2033 (USD Million)
9.1. Europe Electric Wheelchair Market Size and Market Share
10. Europe Electric Wheelchair Market, By Type, 2020-2033 (USD Million)
10.1. Europe Electric Wheelchair Market Size and Market Share By Type (2020-2026)10.2. Europe Electric Wheelchair Market Size and Market Share By Type (2027-2033)
11. Europe Electric Wheelchair Market, By End User, 2020-2033 (USD Million)
11.1. Europe Electric Wheelchair Market Size and Market Share By End User (2020-2026)11.2. Europe Electric Wheelchair Market Size and Market Share By End User (2027-2033)
12. Europe Electric Wheelchair Market, By Region, 2020-2033 (USD Million)
12.1. Europe Electric Wheelchair Market Size and Market Share By Region (2020-2026)12.2. Europe Electric Wheelchair Market Size and Market Share By Region (2027-2033)12.3. Germany12.4. Australia12.5. Switzerland12.6. France12.7. Great Britain12.8. Spain12.9. Italy
13. Company Profile
13.1. Dane Technologies13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Drive DeVilbiss Healthcare13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. GF Health Products, Inc.13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Invacare Corporation13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Karman Healthcare, Inc.13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Meyra Group GmbH13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Ottobock SE & Co. KGaA13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Pride Mobility Products Corporation13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Sunrise Medical, Inc.13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Others
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Electric Wheelchair Market CAGR of 8.59% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Electric Wheelchair Market is projected to reach USD XX billion by 2033, growing at a CAGR of 8.59% during the forecast period.
Europe Electric Wheelchair Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 8.59% during the forecast period.
Europe Electric Wheelchair Market size is XX billion from 2023 to 2033.
Europe Electric Wheelchair Market Segment is covered By Type, By End User.
The Europe is anticipated to have the highest market share in the Europe Electric Wheelchair Market.
"The key players in the market include Companies Covered Dane Technologies, Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Karman Healthcare, Inc., Meyra Group GmbH, Ottobock SE & Co. KGaA, Pride Mobility Products Corporation, Sunrise Medical, Inc., Others.."
A power wheelchair, sometimes referred to as an electric wheelchair, is a type of mobility equipment that helps people with restricted mobility get around on their own. Electric wheelchairs have battery-powered motors.
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