The Europe and Asia Pacific wheelchairs and mobility aids market size is projected to reach US$ 15.24 billion by 2031 from US$ 8.09 billion in 2023. The market is expected to register a CAGR of 7.0% during 2023–2031. The rising technological advancements in wheelchairs and mobility aids are likely to act as a future trend in the market in the coming years.
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Analysis
Growing prevalence of lifestyle-related health issues, such as obesity and diabetes, which can lead to mobility challenges and is one of the factors contribute to the growth of the Europe and Asia Pacific wheelchairs and mobility aids market. Collaborations with healthcare providers and insurers to improve reimbursement options for enhancing market reach as well as increasing focus on sustainable products opens such as eco-friendly mobility aids are some of the lucrative opportunity for the players operating in the market.
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Overview
The Europe and Asia Pacific wheelchairs and mobility aids market is expected to exhibit a significant market share in the market during the forecast period. The regional market growth is attributed to the growing disability cases, increasing advancements in healthcare infrastructure, and rising government support. While the Asia Pacific Europe and Asia Pacific wheelchairs and mobility aids market is projected to contribute significant growth rate in the market during the forecast period. The market is driven by factors such as the growing prevalence of spinal and brain disorders and disabilities, the surging number of surgical procedures, craniotomy, and continuously advancing healthcare infrastructure with the rising government support.
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Europe and Asia Pacific Wheelchairs and Mobility Aids Market: Strategic Insights
Europe and Asia Pacific Wheelchairs and Mobility Aids Market
-
Market Size 2023
US$ 8.09 Billion
-
Market Size 2031
US$ 15.24 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Geriatric Population
FUTURE TRENDS
- Lightweight and Compact Designs
OPPORTUNITIES
- Availability of User-Friendly and Accessible Devices with Advanced Technologies
Regional Overview
- Europe
- Asia-Pacific
Market Segmentation
Product
- Manual Wheelchairs
- Powered Wheelchairs
- Mobility Scooters
- Walking Aids
Application
- Neurologically Impaired
- Handicap Patients
End Users
- Homecare
- Hospitals and Clinics
- Rehabilitation Centers
- Ambulatory Surgical Centers
Distribution Channel
- Online
- Offline
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
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You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Europe and Asia Pacific Wheelchairs and Mobility Aids Market: Strategic Insights
-
Market Size 2023
US$ 8.09 Billion -
Market Size 2031
US$ 15.24 Billion
Market Dynamics
- Increasing Geriatric Population
- Lightweight and Compact Designs
- Availability of User-Friendly and Accessible Devices with Advanced Technologies
Regional Overview
- Europe
- Asia-Pacific
Market Segmentation
- Manual Wheelchairs
- Powered Wheelchairs
- Mobility Scooters
- Walking Aids
- Neurologically Impaired
- Handicap Patients
- Homecare
- Hospitals and Clinics
- Rehabilitation Centers
- Ambulatory Surgical Centers
- Online
- Offline
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Drivers and Opportunities
Rising Mobility Impairment Disorders Fuels Market
Arthritis, Parkinson's disease, and multiple sclerosis are among the most common mobility impairment disorders reported in Europe and Asia Pacific. According to data published in European journal of neurology In Europe, prevalence and incidence rates for Parkinson’s are estimated at approximately 108–257/100 000 per year. These conditions may cause significant mobility limitations, making it challenging for individuals to move independently. Mobility aids devices such as mobility aids, power wheelchairs, and stairlifts provide patients with the necessary support and assistance to overcome the limitations induced due to mobility impairment. Mobility aids are gaining significant traction with the growing number of mobility-impaired individuals. In July 2023, Sunrise Medical launched QUICKIE QS5 X wheelchair. The company redefines a folding wheelchair through this lowest-weight product in its class. QS5 X requires 40% less force than other folding wheelchairs available in the market and sets the new standard for the ease and efficiency of folding. Companies in the Europe and Asia Pacific wheelchairs and mobility aids market offer advanced technologies and customizable options to meet the unique needs of each individual.
Government initiatives and policies for individuals with mobility impairment issues also contribute to the growth of the wheelchair and mobility aids market. Many countries have implemented disability-friendly guidelines and accessibility regulations that mandate public spaces and transportation to be accessible for individuals with mobility disabilities. Thus, the rising incidence and prevalence of mobility impairment disorders is a crucial factor driving the Europe and APAC wheelchair and mobility aids market growth.
Availability of User-Friendly and Accessible Devices with Advanced Technologies to Offer Opportunities for Market
Advanced AI-integrated mobility devices, such as foldable wheelchairs and electric scooters help in improving the transportation accessibility for end users. According to Nvidia Corporation, the autonomous wheelchair developed by the Karunya Institute of Technology and Sciences in Coimbatore, located in India, focuses on improving mobility for patients with disabilities by employing the Nvidia Corporation Jetson platform for edge AI and robotics. The newly constructed autonomous motorized wheelchair has USB cameras, depth sensors, and lidar sensors, enabling the detection of its surroundings and mapping a clear path to the user's destination. The Nvidia Corporation Jetson Nano Developer Kit processes the data obtained from cameras and sensors in real time. The Karunya Institute of Technology and Sciences focuses on identifying environmental impediments using computer vision models based on deep learning.
This advancement enhances user experience and reduces the risk of pressure sores and other issues associated with prolonged use. Thus, technological advancements have the lucrative potential to transform the wheelchair and mobility aids market through significant research and development and the launch of user-friendly accessible devices, allowing market players to cater to a broader range of patients or individuals with mobility impairments.
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Europe and Asia Pacific wheelchairs and mobility aids market analysis are product, application, end user, and distribution channel
- Based on product, the Europe and Asia Pacific wheelchairs and mobility aids market is bifurcated into manual wheelchairs, powered wheelchairs, mobility scooters, walking aids, and others. The walking aids segment held a larger share of the Europe and Asia Pacific wheelchairs and mobility aids market in 2023.
- Based on application, the market is segmented into neurologically impaired, handicap patients, and other applications. The neurologically impaired segment held the largest share of the Europe and Asia Pacific wheelchairs and mobility aids market in 2023.
- Based on end user, the market is segmented into homecare, hospitals and clinics, rehabilitation centers, and ambulatory surgical centers. The homecare segment held the largest share of the Europe and Asia Pacific wheelchairs and mobility aids market in 2023.
- Based on distribution channel, the market is segmented into online and offline. The offline segment held the largest share of the Europe and Asia Pacific wheelchairs and mobility aids market in 2023.
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Share Analysis by Geography
The geographic scope of the Europe and Asia Pacific wheelchairs and mobility aids market report is mainly divided into two regions: Europe and Asia Pacific. Europe dominated the market in 2023. The Germany is the largest and fastest-growing market for wheelchairs and mobility aids, owing to the increasing number of disabled people and rising investments by the government in the development of smart wheelchairs. According to the Observatory of Economic Complexity, Germany exported US$ 154 million worth of wheelchairs in 2022, making it the second-largest exporter worldwide. As per the Statistisches Bundesamt (Destatis), ~7.8 million severely disabled people were living in Germany in 2021. The Federal Government is focused on funding research for the development of smart wheelchair seats. In September 2021, the Federal Ministry of Education and Research (BMBF) in Germany funded a research project by Ottobock with the allocation of nearly US$ 1.08 million. In partnership with TU Dresden University, this research project is aimed at developing an intelligent seat for young wheelchair users. Moreover, the rising prevalence of chronic diseases and increasing population drive the need for robust healthcare infrastructure in Germany, which is expected to support the market progress in the coming years.
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ 8.09 Billion
Market Size by 2031
US$ 15.24 Billion
Global CAGR (2023 - 2031)
7.0%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Product - Manual Wheelchairs
- Powered Wheelchairs
- Mobility Scooters
- Walking Aids
By Application - Neurologically Impaired
- Handicap Patients
By End Users - Homecare
- Hospitals and Clinics
- Rehabilitation Centers
- Ambulatory Surgical Centers
By Distribution Channel - Online
- Offline
Regions and Countries Covered
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
Market leaders and key company profiles
Invacare Corp Ottobock SE & Co KGaA Sunrise Medical Permobil HOGGI GmbH Karma Medical Products Co LTD Drive Devilbiss Healthcare Ltd MEYRA GMBH Ostrich Mobility Instruments Pvt Ltd Glide Products
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 8.09 Billion |
Market Size by 2031 | US$ 15.24 Billion |
Global CAGR (2023 - 2031) | 7.0% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
Europe and Asia Pacific Wheelchairs and Mobility Aids Market News and Recent Developments
The Europe and Asia Pacific wheelchairs and mobility aids market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
- Ottobock UK launched the Juvo B7 power wheelchair for users with complex mobility needs, offering advanced power seat adjustments for optimal comfort and control. The wheelchair features user-inspired ICON control with multiple seat, transfer, and standing positions, along with customizable memory options for different activities. [Source: Ottobock Company Website, June, 2024].
- Permobil and KARMA Medical entered into an agreement to make innovative mobility, seating and positioning solutions, and power assist devices more accessible to people with disabilities. They signed a memorandum of understanding to leverage their strengths and distribute each other's complementary products in selected markets, starting with the Asia-Pacific region where both organizations have a strong presence. (Source: Permobil and KARMA Medical Company Website, October 2021)
Europe and Asia Pacific Wheelchairs and Mobility Aids Market Report Coverage and Deliverables
The "Europe and Asia Pacific Wheelchairs and Mobility Aids Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Wheelchairs and Mobility Aids market size and forecast at regional, and country levels for all the key market segments covered under the scope
- Wheelchairs and Mobility Aids market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Wheelchairs and Mobility Aids market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Europe and Asia Pacific wheelchairs and mobility aids market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 7.0% during 2023–2031.
The Europe and Asia Pacific wheelchairs and mobility aids market value is expected to reach US$ 15.24 billion by 2031.
As the population ages, there is a rising demand for mobility aids to assist elderly individuals with limited mobility are among the most significant factors fueling the market growth.
Europe dominated the market in 2023.
Invacare Corp, Ottobock SE & Co KGaA, Sunrise Medical, Permobil, HOGGI GmbH, Karma Medical Products Co LTD, Drive Devilbiss Healthcare Ltd, MEYRA GMBH, Ostrich Mobility Instruments Pvt Ltd, and Glide Products are among the key players in the market.
Technological advancements in wheelchairs and mobility aids are expected to emerge as a prime trend in the market in the coming years.
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The List of Companies - Europe and Asia Pacific Wheelchairs and Mobility Aids Market
- Invacare Corp
- Ottobock SE & Co KGaA
- Sunrise Medical
- Permobil
- HOGGI GmbH
- Karma Medical Products Co LTD
- Drive Devilbiss Healthcare Ltd
- MEYRA GMBH
- Ostrich Mobility Instruments Pvt Ltd
- Glide Products