Europe Mobility Aids Market Size, Share & Trends Report

Europe Mobility Aids Market Size, Share & Trends Analysis Report By Product (Rollators, Walkers), By Sector (Public, Private), By Type Of Split, By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2027

  • Published Date: Aug, 2020
  • Base Year for Estimate: 2019
  • Report ID: GVR-4-68038-941-8
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2018
  • Number of Pages: 111

Report Overview 

The Europe mobility aids market size was valued at USD 2.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2020 to 2027. This growth can be attributed to the increasing geriatric population requiring long-term care, growing availability of technologically advanced products, and rising demand for home healthcare services and staff. The market for mobility aids is majorly driven by the growing prevalence of target diseases impairing mobility. The iWalkActive program initiated by Ambient Assisted Living (AAL) aims to integrate the ICT technology with the conventional walkers in order to provide a smart walker platform to the aging European population to assist in walking. Such initiatives are anticipated to drive the market for mobility aids.

The U.K. mobility aid market size

Furthermore, the rising geriatric population coupled with rising prevalence of diseases such as Parkinson’s, arthritis, and paralysis is anticipated to increase the demand for mobility aids. For instance, in the U.K., one of the important economies in Europe, the geriatric population accounted for nearly 17.8% of the country’s population in 2015 and it is projected to reach approximately 24.6% by 2025. In addition, approximately 20,000 new cases of rheumatoid arthritis are diagnosed in the country annually, eventually increasing demand for rehabilitation equipment.

The various funding mechanisms implemented by several countries in Europe for aiding patients in need of long-term care are also likely to support the growth of the market for mobility aids. For instance, several countries in Europe provide universal long-term care coverage to the people who require mobility aids.

Product Insights

The wheelchairs segment held the largest revenue share in the market for mobility aids in 2019, accounting for nearly 33.7% of the revenue. This can be attributed to the high preference for wheelchairs as mobility assistive devices among the geriatric and disabled population. The market for mobility aids is broadly categorized into rollators, walkers, wheelchairs, and Long-term Care (LTC) beds for home use. The wheelchairs segment is further divided into manual and powered. The manual wheelchairs segment is sub-segmented into active, bariatric, rehabilitation, and others. The manual wheelchair segment spearheaded the market for mobility aids and accounted for more than 50.0% of the revenue share in 2019.

The rollators segment is anticipated to witness rapid growth over the forecast period due to technological advancements added to the equipment. Such advancements have led to the availability of rollators with adjustable handle heights that enable the most comfortable and correct walking postures for patients, thereby increasing their adoption. HUMAN CARE, B, TOPRO, and Eurovema AB are some of the prominent players operating in the market for rollators.

Sector Insights

The public sector segment dominated the Europe mobility aids market in 2019 and accounted for more than 60.0% of the revenue share. The segment is anticipated to exhibit the fastest growth over the forecast period. This can be attributed to the presence of established market players, such as Invacare Corporation in the region, which have a strong local and international distribution network.

The private sector segment is anticipated to witness substantial growth in the market for mobility aids over the forecast period. The public sector is characterized by the presence of a large number of privately held companies in the market. These market players offer an array of innovative products and are actively involved in the launch of new products to outperform the market competition.

Distribution Channels Insights

The offline segment held almost 66.9% of the revenue share in the market for mobility aids in 2019. This is owing to a higher preference for the offline purchase of mobility aids. Furthermore, the offline channel enables the patient to assess the comfort, seating settings, and positioning feel, thereby aiding in the selection of appropriate assistive devices, especially for a first-time user.

The online segment is anticipated to register the fastest growth over the forecast period. The major e-commerce sites offering mobility aids are Wayfair and Amazon. Moreover, the manufacturers of mobility assistive devices have their e-commerce distribution channels or online sales sites for these products. The easy availability of these products on e-commerce and online sites is anticipated to boost the growth of the market for mobility aids.

Type of Split Insights

The aged care segment held almost 61.0% of the revenue share in the market for mobility aids in 2019. Increasing geriatric population coupled with favorable government initiatives are the key factors driving the segment growth. For instance, according to Eurostat, the population above 80 years is estimated to account for nearly 14.6% of the total EU population by 2100, thereby increasing the demand for mobility aids.

Europe mobility aid market share

The rehabilitation segment is anticipated to register the fastest growth over the forecast period, owing to the increasing demand for rehabilitation activities. Furthermore, the rising prevalence of the chronic disease, road accidents, spinal cord injuries has led to a rise in the demand for long term care eventually increasing demand for rehabilitation equipment. Furthermore, in 2017, the EU accounted for nearly 16.0% of the global GDP and Germany accounted for nearly 3.7% of the global GDP. High GDP is indicative of the high purchasing power in this region and is thus, anticipated to contribute towards the affordability of rehabilitation devices.

Regional Insights

Germany held the largest revenue share, accounting for nearly 24.2% of the total market share in 2019, and is also anticipated to witness lucrative growth over the forecast period. This can be attributed to the presence of advanced technologies, high product availability, favorable reimbursement structure, and a strong healthcare system. Furthermore, Germany is one of the largest markets for medical equipment, which is anticipated to contribute to the country’s market share.

As per the OECD data, approximately 33.0% of the population in Germany will be above 65 years of age and nearly 15.0% of the population is expected to be above 80 years of age by 2050. The rapidly aging population is anticipated to increase the demand for mobility assistive devices and thereby drive the market in the country.

Key Companies & Market Share Insights

The market for mobility aids is highly competitive, marked by the presence of a large number of domestic as well as international players. Key companies are engaging in product launch, mergers, and acquisitions, to strengthen their product portfolio and provide competitive differentiation. For instance, in September 2019, Rollz International introduced Parkinson’s rollators in an international trade fair—Rehacare. This product is developed for individuals who are suffering from freezing symptoms due to Parkinson’s disease. This rollator is among the most innovative creations of the company. Furthermore, a wide range of market players is offering their products through various e-commerce platforms which have improved the accessibility of mobility aids for patients and increased the market competition. Some of the prominent players in the Europe mobility aids market include:

  • Human Care HC AB

  • Drive DeVilbiss Healthcare

  • Roma Medical

  • Day’s Mobility Ltd.

  • Van Os Medical

  • Invacare Corporation

  • Z-Tec Mobility

  • Sunrise Medical

  • Karma Mobility

  • TOPRO Ltd.

  • Remploy (RHealthcare)

Europe Mobility Aids Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 2.8 billion

Revenue forecast in 2027

USD 3.7 billion

Growth Rate

CAGR of 3.8% from 2020 to 2027

Base year for estimation

2019

Historical data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Revenue in USD million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, sector, type of split, distribution channels, region

Regional scope

Europe

Country scope

The U.K.; Germany; France; Italy; Spain; Switzerland; Poland

Key companies profiled

Drive DeVilbiss Healthcare; Sunrise Medical; Invacare Corporation; Roma Medical; Human Care

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Segments Covered in the Report

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the Europe mobility aids market report on the basis of product, sector, type of split, distribution channel, and region:

  • Product Outlook (Revenue, USD Million, 2016 - 2027)

    • Rollators

    • Walkers

    • Wheelchairs

      • Manual

        • Active

        • Bariatric

        • Rehabilitation

        • Others

      • Powered

    • LTC Beds (Home)

  • Sector Outlook (Revenue, USD Million, 2016 - 2027)

    • Private

    • Public

  • Type Of Split Outlook (Revenue, USD Million, 2016 - 2027)

    • Rehabilitation

    • Aged care

  • Distribution Channels Outlook (Revenue, USD Million, 2016 - 2027)

    • Online

    • Offline

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • Europe

      • Germany

      • The U.K.

      • France

      • Italy

      • Spain

      • Switzerland

      • Poland

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