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Personal Mobility Device Market Size, Product Launch, Major Companies, Revenue Analysis, Till 2028

The Personal Mobility Device market is projected to grow at a rate of 5.70% in terms of value, from USD 11.46 Billion in 2020 to reach USD 18.01 Billion by 2028. Personal mobility devices refer to any assistive device that facilitates individual transportation of humans with mobility limitations. Although people with a disability or mobility restrictions use many such devices such as Wheelchair scooters, hand bikes, stairlifts, and walking aids (e.g., rollators, crutches, and canes), mobility aids such as patient lifts are generally employed. The increasing use of medical insurance by the geriatric population and the middle-age population has ensured that they receive medical help at a reduced cost.

Thus, insurance companies assist in covering mobility devices by reimbursing and making them much more affordable for consumers. The support from various government, private, and international insurance organizations are expected to boost the market for personal mobility devices globally. However, the usability of all such devices is compromised by their weight, movability, and parking.

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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.

Key Players covered in this report are

TOPRO, Carex Health Brand Incorporation, Drive Medical Design & Manufacturing, Invacare, Sunrise Medical, Pride Mobility, Kaye Products, Electric Mobility, Briggs Healthcare, and Patterson Medical, among others.

Product Type Outlook (Revenue, USD Million; 2018–2028)

  • Wheel chairs
  • Manual
  • Powered
  • Scooters
  • Hand Bikes
  • Electric hand bikes
  • Manual hand bikes
  • Hybrid hand bikes
  • Walking aids
  • Rollators
  • Premium
  • Low cost
  • Stair Lift
  • Power Add-on products
  • Other walking aids
  • Canes
  • Folding Canes
  • Quad Canes
  • Offset Canes
  • Crutches
  • Axillary Crutches
  • Elbow Crutches
  • Forearm Crutches
  • Walkers
  • Standard Walkers
  • Knee Walkers

Medical Furniture and Bathroom Safety Products Outlook (Revenue, USD Million; 2018–2028)

  • Patient Lifts
  • Manual Lifts
  • Power Lifts
  • Stand Up Lifts
  • Heavy Duty Lifts
  • Overhead Track Lifts
  • Stair Lifts
  • Indoor Stair Lifts
  • Outdoor Stair Lifts
  • Medical Beds
  • Electric Beds
  • Manual Beds
  • Stretchers
  • Low Beds
  • Water Beds
  • Bars and Railings
  • Commodes and Showers

End-Use Outlook (Revenue, USD Million; 2018–2028)

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Urgent Care Center
  • Home Care setting
  • Others

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Based on Region market is segmented into:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Major Points covered in this report are as below:

  • An analysis of Personal Mobility Device industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
  • In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
  • In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
  • This report provides information on the market status of Personal Mobility Device manufacturers and provides valuable insight into the market for companies and individuals.

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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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