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The global personal mobility devices market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Personal mobility devices (PMDs) are utilized by individuals experiencing mobility issues on account of age or disabilities. These devices generally include canes, crutches, walkers, medical beds, powered wheelchairs, and electric scooters. Nowadays, governing agencies of numerous countries are taking effective measures to facilitate access to quality PMDs at an affordable cost. Besides this, several manufacturers are also focusing on developing more comfortable and innovative products.
Road traffic crashes that lead to non-fatal injuries and physical disabilities are rising across the globe. This, along with the side effects of brain injuries, infections, strokes, and dementia, represents one of the main factors bolstering the growth of the PMDs market. The increasing number of individuals with target and neurological medical conditions are also driving the market. Additionally, the growing geriatric population, which is more susceptible to medical ailments, is positively influencing the need for PMDs to promote independent living. Apart from this, the easy availability of favorable reimbursement policies for purchased and rented PMDs are also contributing to the growth of the market. Furthermore, the leading market players are introducing laser-enabled rollators with advanced features, such as light frames, lockable wheels, pressure brakes, hemiplegic handles, oxygen tank holders, large wheel diameter, and extended weight-bearing capacity, for Alzheimer’s and Parkinson’s patients. These players are also introducing transfer lifts, automated rollators, and mobility scooters. However, the outbreak of coronavirus disease (COVID-19), stringent lockdown in numerous countries and a temporary halt in manufacturing facilities negatively impacted the market. The market is anticipated to experience growth in the upcoming years on account of rising purchasing power and increasing awareness about available mobility aids among individuals.
IMARC Group provides an analysis of the key trends in each sub-segment of the global personal mobility devices market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and end use.
Breakup by Product:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arjo, Carex Health Brands Inc. (Compass Health Brands Corp.), Drive Medical Inc, GF Health Products Inc., Invacare Corporation, Kaye Products Inc., Medline Industries Inc., Performance Health Supply Inc. (Patterson Medical), Pride Mobility Products Corp., Rollz International, Stryker Corporation and Sunrise Medical (US) LLC.
|Base Year of the Analysis||2020|
|Segment Coverage||Product, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Arjo, Carex Health Brands Inc. (Compass Health Brands Corp.), Drive Medical Inc, GF Health Products Inc., Invacare Corporation, Kaye Products Inc., Medline Industries Inc., Performance Health Supply Inc. (Patterson Medical), Pride Mobility Products Corp., Rollz International, Stryker Corporation and Sunrise Medical (US) LLC.|
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