According to the latest report by IMARC Group “Personal Mobility Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global personal mobility devices market trends reached a value of US$ 11.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.9 Billion by 2027, exhibiting a CAGR of 6.57% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
A personal mobility device (PMD) refers to assistive equipment that facilitates transportation amongst individuals with mobility issues due to disabilities or age. Some of the commonly used instruments include motorized wheelchairs, canes, walkers, crutches, and electric scooters. PMD can be used both indoors and outdoors. The indoor devices conserve energy as they are smaller in size. On the other hand, outdoor models deliver more speed, power, and can operate for longer durations.
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Personal Mobility Devices Market Trends:
The multiple incidents of road accidents and injuries that lead to neurological conditions and physical disabilities are majorly driving the global PMD market growth. Additionally, the rising geriatric population that is more susceptible to develop various medical ailments, such as Alzheimer’s, Parkinson’s, arthritis and osteoporosis, is further contributing to the market growth. Moreover, manufacturers are introducing advanced product variants that are integrated with laser-enabled rollators, light frames, pressure brakes, oxygen tank holders, and extended weight-bearing capacity, which is positively influencing the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
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Walking Aids
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Wheelchairs
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Scooters
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Others
Breakup by End Use:
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Hospitals and Clinics
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Homecare
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Others
Market Breakup by Region:
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North America (United States, Canada)
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Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
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Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
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Latin America (Brazil, Mexico, Others)
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Middle East and Africa
Competitive Landscape:
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Arjo
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Carex Health Brands Inc. (Compass Health Brands Corp.)
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Drive Medical Inc
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GF Health Products Inc.
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Invacare Corporation
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Kaye Products Inc.
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Medline Industries Inc.
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Performance Health Supply Inc. (Patterson Medical)
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Pride Mobility Products Corp.
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Rollz International
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Stryker Corporation
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Sunrise Medical (US) LLC.
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