Global Personal Mobility Devices Market

Personal Mobility Devices Market Size, Share, Growth Analysis, By Product Type (Walking Aids, Mobility Scooters), By Price Range (Premium, Low-Cost), By End User (Hospitals & Clinics, Long-term Care Centers), By Sales Channel (Online Channel, Offline Channel), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35G2289 | Region: Global | Published Date: November, 2024
Pages: 208 | Tables: 61 | Figures: 70

Personal Mobility Devices Market Competitive Landscape

The global personal mobility devices market is characterized by fierce competition, which consist both of emerging and established companies. This includes major international companies like Invacare Corporation, Sunrise Medical, and Ottobock known for their innovative wheelchairs and mobility solutions among others. In addition, they focus on technological development, customer comfort enhancement and global expansion. Ongoing innovation development, partnerships and the need to make products accessible and inexpensive for most customers characterise the market’s competitive environment as such.

Top Player’s Company Profiles

  • Carex Health Brands, Inc 
  • Drive Medical 
  • GF Health Products, Inc 
  • Invacare Corporation 
  • Kaye Products, Inc 
  • Briggs Healthcare 
  • Medline Industries, Inc 
  • NOVA Medical Products 
  • Performance Health 
  • Rollz International 
  • Weland Group 
  • Human Care Group 
  • CareCo Company 
  • Besco Medical 
  • Ergoactives 
  • Ottobock 
  • Permobil 
  • Pride Mobility Products Corp. 
  • Arjo 
  • Karma Medical Products 
  • Hippocampe 
  • Levo AG
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Global Personal Mobility Devices Market size was valued at USD 10.59 billion in 2022 and is poised to grow from USD 11.31 billion in 2023 to USD 19.18 billion by 2031, growing at a CAGR of 6.82% during the forecast period (2024-2031).

The global personal mobility devices market is characterized by fierce competition, which consist both of emerging and established companies. This includes major international companies like Invacare Corporation, Sunrise Medical, and Ottobock known for their innovative wheelchairs and mobility solutions among others. In addition, they focus on technological development, customer comfort enhancement and global expansion. Ongoing innovation development, partnerships and the need to make products accessible and inexpensive for most customers characterise the market’s competitive environment as such. 'Carex Health Brands, Inc ', 'Drive Medical ', 'GF Health Products, Inc ', 'Invacare Corporation ', 'Kaye Products, Inc ', 'Briggs Healthcare ', 'Medline Industries, Inc ', 'NOVA Medical Products ', 'Performance Health ', 'Rollz International ', 'Weland Group ', 'Human Care Group ', 'CareCo Company ', 'Besco Medical ', 'Ergoactives ', 'Ottobock ', 'Permobil ', 'Pride Mobility Products Corp. ', 'Arjo ', 'Karma Medical Products ', 'Hippocampe ', 'Levo AG'

A major consideration for the private mobility sector is the global rise in elderly population density, particularly in North America, Europe and Asia-Pacific regions. With the increasing number of aging adults, diseases associated with old age such as osteoporosis, arthritis and other movement-related problems are likely to also increase.

Rise in Technologically Advanced Mobility Devices: A significant change in the global personal mobility devices market can be seen with the increasing use of advanced technologies. The introduction of smart scooters with GPS systems, electric wheelchairs and mobility devices with in-built health tracking technology has changed user experience. These advances enhance freedom, convenience and security hence contributing to the impressive growth of this market.

Due to its highly developed healthcare system, high disposable incomes, and ageing population, North America is the market leader in personal mobility devices, globally. Electric wheelchairs and scooters have also become more user-friendly and easier to find, which has made this region more focused on technology. In addition, beneficial federal initiatives such as Medicare and Medicaid significantly help with the purchase of mobility aid due to the financial support they provide, thus increasing their demand in the market. North America is becoming a crucial location for growth and innovation in the global personal mobility devices market due to its increasing awareness of mobility solutions for individuals with disabilities and the presence of large industry players pushing product development. Also, North America is strengthening its leadership in this market globally.

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Global Personal Mobility Devices Market

Report ID: SQMIG35G2289

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