The Europe Electric Wheelchair Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 340.9 thousand units, showcasing a growth of 8.6% (2019-2022).
The increasing focus on accessibility has led to integrating electric wheelchairs as a vital component of inclusive infrastructure in public spaces. These devices empower individuals with mobility challenges to navigate public buildings, transportation systems, and recreational areas, fostering a more inclusive society. With a growing aging population, these have become essential assistive devices for the elderly. They provide a means of maintaining mobility and independence, allowing older individuals to age in place and participate actively in their communities.
Inclusive infrastructure design considers the needs of all individuals, including those with mobility challenges. These wheelchairs enable users to access and navigate public buildings, ensuring that spaces such as government offices, educational institutions, healthcare facilities, and cultural venues are accessible to everyone. Ramps, elevators, and wide pathways accommodate these, creating an environment that promotes equal access. These have become an integral part of accessible transportation systems, contributing to the goal of universal mobility.
Europe is experiencing a significant demographic shift characterized by a growing elderly population. This demographic transition is primarily due to declining birth rates and increased life expectancy, both common trends across the continent. European countries have some of the highest life expectancies in the world. Advances in healthcare, nutrition, and living standards have contributed to longer and healthier lives. Therefore, an aging population in many countries of Europe is expected to boost the demand in the region.
The Germany market dominated the Europe Electric Wheelchair Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $407.7 million by 2030. The UK market is exhibiting a CAGR of 7.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.1% during (2023 - 2030).
Based on Application, the market is segmented into Home Care Settings, and Hospitals & Clinics. Based on Product Type, the market is segmented into Center Wheel Drive, Front Wheel Drive, Standing, Rear Wheel Drive, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electric Wheelchair Market will Hit $6.8 Billion by 2030, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Sunrise Medical, Inc., Karman Healthcare, Inc., Dane Technologies, Pride Mobility Products Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), Ottobock SE & Co. KGaA, GF Health Products, Inc., Golden Technologies, and Meyra Group GmbH.
By Application (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Product Type (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Country (Volume, Thousand Units, USD Billion, 2019 to 2030)
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