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
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| Regions covered | Germany, Australia, Switzerland, France, Great Britain, Spain, Italy
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| 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.
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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:
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By Type: |
Front Wheel Drive
Center Wheel Drive
Rear Wheel Drive
Standing Electric Wheelchair
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By End User: |
Personal
Hospital
Sport Conditioning
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By Region: |
Germany
Australia
Switzerland
France
Great Britain
Spain
Italy
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Electric Wheelchair Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Electric Wheelchair Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2024-2033
7.2. Front Wheel Drive
7.3. Center Wheel Drive
7.4. 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, 2024-2033
8.2. Personal
8.3. Hospital
8.4. 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. Germany
12.4. Australia
12.5. Switzerland
12.6. France
12.7. Great Britain
12.8. Spain
12.9. Italy
13. Company Profile
13.1. Dane Technologies
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Drive DeVilbiss Healthcare
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. GF Health Products, Inc.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Invacare Corporation
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Karman Healthcare, Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Meyra Group GmbH
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Ottobock SE & Co. KGaA
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Pride Mobility Products Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Sunrise Medical, Inc.
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. 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.
