The global personal mobility devices market value was USD 9.5 billion in 2023, driven by the increasing advancements in technology coupled with an increased geriatric population worldwide. The market size is anticipated to grow at a CAGR of 9.6% during the forecast period of 2024-2032 to achieve a value of USD 28.43 billion by 2032.
Personal Mobility Devices: Introduction
Personal Mobility Devices (PMDs) in the medical field refer to a broad spectrum of equipment specifically designed to assist individuals with mobility impairments or limitations. These devices play a crucial role in enhancing the independence and quality of life of patients, facilitating movement within their living environments or in public spaces. Wheelchairs, both manual and powered, are among the most recognizable of these devices, allowing users to sit comfortably and move from one place to another. In addition, there are mobility scooters, designed for those who can walk short distances but need assistance for longer ones. Walkers, rollators, and crutches provide standing support and balance, aiding those with weakness or partial mobility. For individuals with more specific needs, there are specialized devices such as stair lifts, patient lifts, and transfer aids. The evolution of PMDs has been significantly influenced by advancements in technology, leading to the incorporation of features like smart sensors, lightweight materials, and enhanced ergonomics. This progressive development ensures that individuals with varying degrees of mobility challenges can lead more active, fulfilling lives.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/personal-mobility-devices-market/requestsample
Key Trends in the Global Personal Mobility Devices Market
The global personal mobility devices market has witnessed significant trends, particularly in relation to the medical field. One notable trend is the growing demand for technologically advanced and ergonomic mobility solutions designed to enhance the quality of life for individuals with mobility impairments or disabilities. Innovations in this sector have given rise to a wide range of devices, including electric wheelchairs, mobility scooters, and smart crutches, which offer improved mobility, comfort, and accessibility.
Another crucial trend is the increasing aging population worldwide, driving the demand for personal mobility devices in the medical field. As the elderly population continues to grow, there is a greater need for mobility aids that enable seniors to maintain their independence and engage in daily activities safely. Additionally, the COVID-19 pandemic has underscored the importance of personal mobility devices in healthcare settings, where they are utilized for patient transport and reducing physical strain on healthcare workers.
Furthermore, sustainability and eco-friendliness have gained prominence, with manufacturers focusing on developing eco-conscious mobility solutions. This includes electric and hybrid-powered devices that are not only efficient but also environmentally responsible. In summary, recent market trends in the global Personal Mobility Devices sector are characterized by technological advancements, a growing aging population, and a heightened emphasis on sustainability, all of which reflect the industry’s commitment to improving the lives of individuals in the medical field with mobility challenges.
Global Personal Mobility Devices Market Segmentations
Market Breakup by Product
- Wheelchairs
- Manual wheelchairs
- Powered Wheelchairs
- Scooters
- Boot Scooters
- Mid-size Scooters
- Road Scooters
- Canes
- Folding Canes
- Quad Canes
- Offset Canes
- Crutches
- Axillary Crutches
- Elbow Crutches
- Forearm Crutches
- Walkers
- Standard Walkers
- Knee Walkers
- Rollators
- Medical Furniture & Bathroom Safety Products
- Patients Lifts
- Manual Lifts
- Power Lifts
- Stand up Lifts
- Heavy Duty Lifts
- Overhead Track Lifts
- Stair Lifts
- Indoor Stair Lifts
- Outdoor Stair Lifts
- Medical Beds
- Electrical Beds
- Manual Beds
- Bars & Railings
- Commodes & Shower Chairs
- Others
Market Breakup by End User
- Hospitals and Clinics
- Long Term Care Centers
- Households
- Home Care Settings
- Ambulatory Surgical Centers
- Urgent Care Center
- Others
Market Breakup by Distribution Channel
- Wholesalers/Distributors
- Online Retailers
- Multi-brand Stores
- Specialty Stores
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/personal-mobility-devices-market
Global Personal Mobility Devices Market Overview
The global personal mobility devices market has experienced significant growth, particularly within the medical field. This expansion can be attributed to several key factors. Firstly, an aging global population has increased the demand for mobility aids among elderly individuals, spurring the adoption of personal mobility devices like wheelchairs, mobility scooters, and rollators. Additionally, advancements in technology have led to the development of more innovative and user-friendly mobility devices, such as smart wheelchairs and motorized scooters equipped with navigation systems and remote monitoring capabilities, enhancing the overall quality of life for individuals with mobility impairments. Furthermore, the COVID-19 pandemic highlighted the importance of personal mobility devices in healthcare settings, as they played a critical role in patient transportation and reducing the strain on healthcare workers.
Moreover, a growing emphasis on inclusive and accessible environments has boosted the demand for personal mobility devices in both healthcare institutions and public spaces. Governments and healthcare organizations worldwide have recognized the significance of ensuring accessibility for all, further propelling the market’s growth. However, challenges such as cost barriers and regulatory hurdles remain, requiring ongoing efforts to make personal mobility devices more affordable and accessible to those who need them. Overall, the global personal mobility devices market within the medical field is poised for continued expansion as it addresses the evolving needs of an aging and increasingly health-conscious population.
Global Personal Mobility Devices Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Invacare Corporation
- GF HEALTH PRODUCTS, INC.
- Stryker, Pride Mobility Products Corp.
- Hill-Room Services, Inc.
- Compass Health Brands
- Klaxon Mobility GmbH
- Sunrise Medical
- Briggs Healthcare
- OTTOBOCK
- Topro
- Erovema Mobility AB
- Carex Health Brands
- Kaye Products, INC.
- Medline Industries, Inc.
- NOVA Medical Products
- Performance Health
- TRIRIDE
About Us:
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organizations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organization remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organization’s future success by acquiring one of our Expert Market Research reports today.
Media Contact:
Company Name: Claight Corporation
Contact Person: Joe Goldberg, Business Consultant
Email: sales@expertmarketresearch.com
Toll-Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
