27-Feb-2020 | Facts and Factors
Findings from Facts and Factors has authored “Personal Mobility Devices Market By Product (Wheelchairs, Scooters, & Others), By End-User (Personal & Institutional), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026”.
Global personal mobility devices market in 2020 is approximately USD 11.9 Billion. The market is expected to grow at a CAGR of 6.8% and is anticipated to reach around USD 18.3 Billion by 2026.
Browse the full “Personal Mobility Devices Market By Product (Wheelchairs, Scooters, & Others), By End-User (Personal & Institutional), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026" report at https://www.fnfresearch.com/personal-mobility-devices-market-report
An expanding number of road accidents falls, spinal rope wounds, meningitis, and working environment handicap cases is a central point driving the development of the worldwide market for individual portability devices. As indicated by the Centers for Disease Control and Prevention 2016, one out of seven grown-ups in the U.S. is experiencing portability disability. As per the 2018 report of (WHO), road accident causes around twenty to fifty million injuries every year around the world. Moreover, mobility device endorsement and device launch by key players are required to drive the market. Dawn Medical (US) LLC, for instance, propelled another QUICKIE Q700 M SEDEO ERGO, a progressed mid-wheel drive wheelchair, in September 2018. Moreover, Permobil AB propelled its My Permobil buyer application in March 2018. The new application connects to a wheelchair and permits the client to show basic data about the condition of their seat, for example, battery charging and separation travel.
Since various end clients experience the ill effects of various inabilities, a solitary arrangement doesn't fit all imperatives, which has commanded a move towards the custom improvement of individual versatility gadgets. By focusing on explicit requests rising from end clients, makers have the chance to stand apart by recognizing their product portfolio
However, a lack of knowledge about modern mobile devices and lesser service centers of mobility devices is expected to hamper the market growth. In addition, the rehabilitation centers' presence in emerging countries is very low, which causes physically challenged people to travel to receive proper treatment.
The market is segmented into type, end-user, and region. The type segment market is divided into wheelchairs, walkers, stair-lifts, scooters, power add-on products, handbikes, and others. Because of innovative improvements in the field of innovation and expanded utilization of information for precise and quicker preparation of cases, the wheelchair represented the biggest portion of the worldwide market. The wheelchair is primarily driven by its increasing popularity amongst patients and demand for regulatory operations. In light of end-user, the market is fragmented into urgent care centers, hospitals & clinics, home care settings, ambulatory surgical centers, and others. The hospitals & clinics represented the biggest portion of the worldwide market in 2019 and are expected to dominate the market over the time frame.
Geographically market is categorized as Europe, Latin America, APAC, North America, and the MEA regions. North America held a significant portion of the market in 2019 because of the technological advancements, and healthcare infrastructure in this province Moreover, proactive government activities to bring issues to light among the majority of the upsides of this innovation have upheld the advancement of the market.
Top Market Players
The key market participants for the global personal mobility devices market are Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Carex Health Brands, Inc., Kaye Products, Inc., Briggs Healthcare, Medline Industries, Inc., NOVA Medical Products, Performance Health, Rollz International, Ottobock, Sunrise Medical Limited, and Permobil, among others.
This report segments the personal mobility devices market as follows:
Global Personal Mobility Devices Market: By Product Segment Analysis
Global Personal Mobility Devices Market: By End-User Segment Analysis
Global Personal Mobility Devices Market: Regional Segment Analysis
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