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North America And Europe Group 2 Powered Mobility Devices Market Size, Share & Trends Analysis Report By Product Type (Powered Wheelchair, Power Operated Vehicle), By Payment Type, By Sales Channel, By Region, And Segment Forecasts, 2023-2030

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    Report

  • 83 Pages
  • June 2023
  • Region: Europe, North America
  • Grand View Research
  • ID: 5516274
The North America and Europe group 2 powered mobility devices market size is expected to reach USD 16.14 billion by 2030 and is expected to expand at CAGR of 15.1% from 2023 to 2030, according to this report. Technology-advanced, ergonomically created products called mobility aids are used to improve mobility independence in teens recovering from injuries, disabled people, and elderly people. Depending on their range of motion, people with mobility challenges can choose from a variety of mobile devices. Physically disabled people demand more medical attention, and as a result, their unmet requirements are growing rapidly.

Additionally, the population with physical and mobility impairments is expected to grow, which will certainly raise the demand for mobility aids in the years to come. According to data published in Disabled World, an independent news source covering health and disability issues, nearly 35.2 million people have at least one physical functional issue, and 17.2 million adults are unable to walk in the U.S. Therefore, a high prevalence of physical infirmities is likely to increase demand for mobility aids.

Hospitals have observed constant demand for group 2 powered mobility devices owing to a spike in the number of ageing populations getting admitted owing to the COVID-19 infection. With the revised COVID-19 restrictions, companies are expected to resume operations. The demand for group 2 powered mobility devices is expected to increase on account of the prevalence of chronic disease, rising geriatric population, and increased risk of lifestyle-associated diseases among a wide population due to the increase in incidences of sedentary lifestyle and obesity.

The number of elderly people is increasing at an unprecedented rate. The ability to walk and carry out physical work decreases with age, making it harder for the elderly to maintain their independence. The percentage of people using mobility devices during the projection period is likely to rise due to the aging population.

North America And Europe Group 2 Powered Mobility Devices Market Report Highlights

  • By product type, the powered wheelchairsegment accounted for the largest share in 2022. A major factor driving the segment's expansion was rising consumer desire for movable chairs with long-lasting batteries
  • By payment type, the reimbursementsegment accounted for the largest share in 2022. The market is expanding due to government efforts to simplify reimbursement processes, which could increase the number of patients covered, are mostly responsible for the segment's predicted rapid expansion
  • By sales channel, retail segment accounted for the largest share in 2022. This is a result of the benefit of personalization and product customization
  • North America held the larger share in 2022. This is mostly due to the presence of major market participants, rising cost of healthcare in the U.S. as well as the regions improving aesthetics, which is also driving up demand for powered mobility devices

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.1.1 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information Or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.5.1. Commodity Flow Analysis
1.5.1.1. Approach 1: Commodity flow approach
1.6 List Of Secondary Sources
1.7 Objectives
1.7.1 Objective - 1: Understanding Market Dynamics
1.7.2 Objective - 2: Understanding Market Estimates And Forecasts
1.7.3 Objective - 3: Understanding Attributes Such As Strategy Framework And Competitor Categorization
Chapter 2 Executive Summary
2.1 Market Outlook
Chapter 3 North America & Europe Group 2 Powered Mobility Devices Market: Variables, Trends, & Scope
3.1 Market Segmentation And Scope
3.2 Market Dynamics
3.2.1 Market Driver Analysis
3.2.1.1 Supportive Bulk Purchase
3.2.1.2 Increase In Preference Of Powered Mobility Devices
3.2.1.3 Introduction Of Novel Technologies And Products In Market
3.2.2 Market Restraint Analysis
3.2.2.1 Lack Of Product Knowledge For Making Purchase Decision Through Online Channel
3.2.2.2 Stringent Regulatory Framework For Group 2 Powered Devices
3.2.2.3 High Reimbursement Denial Rate
3.3 North America & Europe Group 2 Powered Mobility Devices: Market Analysis Tools
3.3.1 Industry Analysis - Porter’s
3.3.2 Pestel Analysis
3.4 Covid-19 Impact On The Market
Chapter 4 North America & Europe Group 2 Powered Mobility Devices Market: Product Type Segment Analysis
4.1 Market: Product Type Market Share Analysis, 2022 & 2030
4.2 Powered Wheelchairs
4.2.1 Powered Wheelchairs Market, 2018 - 2030 (USD Million)
4.3 Power Operated Vehicle
4.3.1 Power Operated Vehicle Market, 2018 - 2030 (USD Million)
Chapter 5 North America & Europe Group 2 Powered Mobility Devices Market: Payment Type Segment Analysis
5.1 Market: Payment Type Market Share Analysis, 2022 & 2030
5.2 Reimbursement
5.2.1 Reimbursement Market, 2018 - 2030 (USD Million)
5.3 Out-Of-Pocket
5.3.1 Out-Of-Pocket Market, 2018 - 2030 (USD Million)
Chapter 6 North America & Europe Group 2 Powered Mobility Devices Market: Sales Channel Segment Analysis
6.1 Market Share Analysis, 2022 & 2030
6.2 Retail
6.2.1 Retail Market, 2018 - 2030 (USD Million)
6.3 E-Commerce
6.3.1 E-Commerce Market, 2018 - 2030 (USD Million)
6.4 Direct Sales
6.4.1 Direct Sales Market, 2018 - 2030 (USD Million)
6.5 Veteran Affairs
6.5.1 Veteran Affairs Market, 2018 - 2030 (USD Million)
Chapter 7 North America & Europe Group 2 Powered Mobility Devices Market: Regional Analysis
7.1 Market: Regional Market Share Analysis, 2022 & 2030
7.2 North America
7.2.1 Market, 2018 - 2030 (USD Million)
7.2.2 U.S.
7.2.2.1 Market, 2018 - 2030 (USD Million)
7.2.3 Canada
7.2.3.1 Market, 2018 - 2030 (USD Million)
7.3 Europe
7.3.1 Market, 2018 - 2030 (USD Million)
7.3.2 UK
7.3.2.1 Market, 2018 - 2030 (USD Million)
7.3.3 Germany
7.3.3.1 Market, 2018 - 2030 (USD Million)
7.3.4 France
7.3.4.1 Market, 2018 - 2030 (USD Million)
7.3.5 Italy
7.3.5.1 Market, 2018 - 2030 (USD Million)
7.3.6 Spain
7.3.6.1 Market, 2018 - 2030 (USD Million)
7.3.7 Denmark
7.3.7.1 Market, 2018 - 2030 (USD Million)
7.3.8 Sweden
7.3.8.1 Market, 2018 - 2030 (USD Million)
7.3.9 Norway
7.3.9.1 Market, 2018 - 2030 (USD Million)
Chapter 8 Company Profiles
8.1 Company Categorization
8.2 Strategy Mapping
8.3 Golden Technologies
8.3.1 Company Overview
8.3.2 Service Benchmarking
8.3.3 Financial Performance
8.3.4 Strategic Intiatives
8.4 National Seating & Mobility, Inc.
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Service Benchmarking
8.4.4 Strategic Initiatives
8.5 Numotion
8.5.1 Company Overview
8.5.2 Service Benchmarking
8.5.3 Strategic Initiatives
8.6 1800wheelchair.Com
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Service Benchmarking
8.7 Wal-Mart Stores, Inc
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Service Benchmarking
8.8 Pride Mobility Products Corporation
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Service Benchmarking
8.8.4 Strategic Initiatives
8.9 Invacare Corporation
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Service Benchmarking
List of Tables
Table 1: List of secondary sources
Table 2: List of abbreviations
Table 3: North America And Europe group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 4: North America And Europe group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 5: North America And Europe group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 6: North America group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 7: North America group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 8: North America group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 9: North America group 2 powered mobility devices market by Country, 2018-2030 (USD million)
Table 10: U.S. group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 11: U.S. group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 12: U.S. group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 13: Canada group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 14: Canada group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 15: Canada group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 16: Europe group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 17: Europe group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 18: Europe group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 19: Europe group 2 powered mobility devices market by Country, 2018-2030 (USD million)
Table 20: U.K. group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 21: U.K. group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 22: U.K. group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 23: Germany group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 24: Germany group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 25: Germany group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 26: France group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 27: France group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 28: France group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 29: Italy group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 30: France group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 31: Italy group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 32: Spain group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 33: Spain group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 34: Spain group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 35: Denmark group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 36: Denmark group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 37: Denmark group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 38: Sweden group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 39: Sweden group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 40: Sweden group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 41: Norway group 2 powered mobility devices market by product type, 2018-2030 (USD million)
Table 42: Norway group 2 powered mobility devices market by payment type, 2018-2030 (USD million)
Table 43: Norway group 2 powered mobility devices market by sales channel, 2018-2030 (USD million)
Table 44: Participant’s overview
Table 45: Financial performance
Table 46: Key companies undergoing expansions
Table 47: Key companies undergoing acquisitions
Table 48: Key companies undergoing collaborations
Table 49: Key companies launching new products/services
Table 50: Key companies undergoing partnerships
Table 51: Key companies undertaking other strategies
List of Figures
Fig. 1: Market research process
Fig. 2: Data triangulation techniques
Fig. 3: Primary research pattern
Fig. 4: Market research approaches
Fig. 5: Value-chain-based sizing & forecasting
Fig. 6: QFD modeling for market share assessment
Fig. 7: Market formulation & validation
Fig. 8: Market summary, 2022 (USD Million)
Fig. 9: Market segmentation & scope
Fig. 10: Market driver impact
Fig. 11: Market restraint impact
Fig. 12: Penetration & growth prospect mapping
Fig. 13: Porter’s analysis
Fig. 14: SWOT analysis
Fig. 15: North America and Europe group 2 powered mobility devices market: Product Type outlook and key takeaways.
Fig. 16: North America and Europe group 2 powered mobility devices market: Product Type movement analysis.
Fig. 17: North America And Europe group 2 powered mobility devices Powered Wheelchair market, 2018-2030 (USD million)
Fig. 18: North America And Europe group 2 powered mobility devices Power Operated Vehicle market, 2018-2030 (USD million)
Fig. 19: North America And Europe group 2 powered mobility devices market : Payment Type outlook and key takeaways
Fig. 20: North America And Europe group 2 powered mobility devices market : Payment Type movement analysis
Fig. 21: North America And Europe group 2 powered mobility devices Reimbursement market, 2018-2030 (USD million)
Fig. 22: North America And Europe group 2 powered mobility devices Out-of-pocket market, 2018-2030 (USD million)
Fig. 23: North America And Europe group 2 powered mobility devices market: Sales Channel outlook and key takeaways
Fig. 24: North America And Europe group 2 powered mobility devices market: Sales Channel movement analysis
Fig. 25: North America And Europe group 2 powered mobility devices Retail market, 2018-2030 (USD million)
Fig. 26: North America And Europe group 2 powered mobility devices E-commerce market, 2018-2030 (USD million)
Fig. 27: North America And Europe group 2 powered mobility devices Direct Sales market, 2018-2030 (USD million)
Fig. 28: North America And Europe group 2 powered mobility devices Veteran Affairs market, 2018-2030 (USD million)
Fig. 29: North America And Europe group 2 powered mobility devices market : Regional outlook and key takeaways
Fig. 30: North America: SWOT Analysis
Fig. 31: North America group 2 powered mobility devices market, 2018-2030 (USD million)
Fig. 32: U.S. key country dynamics
Fig. 33: U.S. group 2 powered mobility devices market, 2018-2030 (USD million)
Fig. 34: Canada key country dynamics
Fig. 35: Canada group 2 powered mobility devices market, 2018-2030 (USD million)
Fig. 36: Europe: SWOT Analysis
Fig. 37: Europe group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 38: Germany key country dynamics
Fig. 39: Germany group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 40: France key country dynamics
Fig. 41: France group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 42: UK key country dynamics
Fig. 43: UK group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 44: Italy key country dynamics
Fig. 45: Italy group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 46: Spain key country dynamics
Fig. 47: Spain group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 48: Denmark key country dynamics
Fig. 49: Denmark group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 50: Sweden key country dynamics
Fig. 51: Sweden group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 52: Norway key country dynamics
Fig. 53: Norway group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 54: Rest of Europe key country dynamics
Fig. 55: Rest of Europe group 2 powered mobility devices market estimates and forecast, 2018-2030 (USD million)
Fig. 56: Heat map analysis
Fig. 57: Market participant categorization
Fig. 58: North America And Europe group 2 powered mobility devices market share analysis, 2022
Fig. 59: Strategy framework

Companies Mentioned

  • Golden Technologies
  • National Seating & Mobility, Inc.
  • Numotion
  • 1800wheelchair.Com
  • Wal-Mart Stores, Inc
  • Pride Mobility Products Corporation
  • Invacare Corporation

Methodology

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Table Information