Report : Europe Wheelchair Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Powered/Electric Wheelchair, Smart Wheelchair, and Manual Wheelchair); Type (Front Wheel Drive, Centre Wheel Drive, Rear Wheel Drive, and Standing Electric Wheelchair); End User (Homecare, Hospitals and Clinics, Rehabilitation Centres, and Ambulatory Surgical Centres); Application (Neurologically Impaired, Handicap Patients, and Others); Usage (Adult and Paediatric); Distribution Channel (Retail and E-Commerce)
Manual Wheelchair Segment has the Largest Share of Product in the Europe Wheelchair Market during 2021–2028
According to a new market research study on “Europe Wheelchair Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product, Type, End User, Application, Usage, and Distribution Channel” is expected to reach US$ 1,880.2 million by 2028 from US$ 1,165.1 million in 2021. The market is estimated to grow at a CAGR of 7.1% from 2021 to 2028. The report provides trends prevailing in the Europe wheelchair market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the rising population of geriatrics and rise in number of disorders requiring mobility assistance fuel the growth of the market are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the operational difficulties associated with wheelchairs and high cost of powered wheelchairs.
The current coronavirus (COVID-19) outbreak has been declared by WHO as a Public Health Emergency of International Concern according to the International Health Regulation. Also, the pandemic has halted the adoption of new medical device policy and delayed regulatory approvals and disrupted processes. For instance, Sunrise Medical a wheelchair company based in Germany has reported guidelines for handling wheelchairs during COVID 19 pandemic. These guidelines suggest proper cleaning and disinfection of a wheelchair is essential to prevent the spread of bacteria and viruses such as COVID-19. However, according to British Red Cross, in 2020, the organization provided wheelchair service to around 140 communities across the UK. Also, the organization supplied around 50,000 wheelchairs for patients with permanent as well as temporary mobility conditions. In addition, disrupted supply chains, extended lockdowns, and cancelling of other medical procedures have also negatively affected the growth of the wheelchair market.
The market for wheelchair market is segmented into product, type, application, end user, usage, and distribution channel. Based on product, the wheelchair market is segmented into manual wheelchair, powered/electric wheelchair, and smart wheelchair. In 2020, the manual wheelchair segment accounted for the highest share of the market. Growth of this segment is attributed to the increasing prevalence of chronic conditions and demand for manual wheelchairs in emerging countries. Moreover, the prevalence of knee pain has witnessed massive growth of around 40.0% during past 4 decades. However, powered/ electric wheelchair segment is projected to register highest CAGR during the forecast period.
Invacare Corporation, Medline Industries, Inc., OTTOBOCK, MEYRA GMBH, KARMAN HEALTHCARE, INC, Sunrise Medical, Smile Smart Technology, LEVO AG, and Permobil are among the leading companies in the Europe wheelchair market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in March 2020, Invacare Corporation has launched of the Invacare AVIVA FX Power Wheelchair. The AVIVA brand has a unique identity that conveys a promise of best-in-class design, technology, and performance.
The report segments the Europe Wheelchair market as follows:
- Manual Wheelchair
- Powered/Electric Wheelchair
- Standard Powered Wheelchairs
- Custom-Built Powered Wheelchairs
- Smart Wheelchair
- Centre Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
- Standing Electric Wheelchair
- Neurologically Impaired
- Handicap Patients
By End User
- Rehabilitation Centres
- Hospitals and Clinics
- Ambulatory Surgical Centres
By Distribution Channel
- Rest of Europe
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