Personal Mobility Devices Market –Global Industry Analysis and Forecast (2023-2029)

Personal Mobility Devices Market is expected to reach US$ 22.05 Bn. by 2029, at a CAGR of 6.8% during the forecast period.

Personal Mobility Devices Market Definition

Personal mobility devices are known as personal light electric vehicle, electric rideable and personal transporter. These devices are advanced, most recent and compact motorised vehicle that are basically used to transport individuals. These devices include kick scooters, electric skateboards, self-balancing unicycles, electric wheel chairs and many others.Personal Mobility Devices MarketTo know about the Research Methodology :- Request Free Sample Report The report has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Personal Mobility Devices Market Dynamics

A surge in the adoption of various personal mobility devices in advanced healthcare sector is the major driving factor behind the growth of market. An increasing disability cases among old age population, ongoing development in mobility devices, rising number of various accidents which cause impairment of the limbs, growing demand for personal mobility devices by sports athletes to participate in events such as Paralympics World Cup and others, rising number of workplace injuries, meningitis and spinal cord injuries in people and supportive reimbursement policies for the rental and purchase of personal mobility devices are expected to drive the growth of market during forecast period. However, limited availability of service centres and lack of awareness regarding modern personal mobility devices in developing economies are major restraining factors that would hamper the growth of market.

Personal Mobility Devices Market: Segmentation Analysis

By product type, walking aids segment dominated the market in 2022 and is expected to witness a fast growth at CAGR of xx% during forecast period. There are number of personal mobility devices that are available in the market, the production and sales of mobility or walking aids have significantly picked up in the past few years. The increasing incidence of osteoporotic fracture and injuries, rising demand for walkers, walking scooters and crutches and growing production of less expensive personal mobility devices are further expected to improve growth of market during forecast period. However, wheelchair segment is projected to witness a fast growth at CAGR of xx% during forecast period. The wheelchair is one of the most common and most widely used assistive devices. An increasing technological development in existing wheelchairs and rising demand for most comfortable electric wheelchairs are accredited to the growth of market. A rising investment in the production of personal mobility devices by various leading manufactures for variety of applications is expanding the market growth. For instance, 1.In Jan 2018, WHILL, Inc launched its latest Model Ci, a smart, personal electric vehicle (PEV) that has the capability to reduce the feeling of self-consciousness reflected in antiquated wheelchairs and scooters. 2.In June 2022, Gates launched its new and advanced personal mobility devices amidst rising bicycle demand worldwide.

Personal Mobility Devices Market: Regional Analysis

By region, North America held the largest market share in 2022 and is expected maintain its dominance in the global market at CAGR of xx% during forecast period. The US and Canada are major key contributors behind the growth of market. The growth is attributed to the high adoption of various types of personal mobility devices in healthcare industry and by individuals across the region. Growing old age population, increasing cases related with limbs disorders and dysfunctions, rising number of road accidents, continuous investments for the development of healthcare infrastructure, rising disposable income of people and increasing investments in research and development activities in the field of personal mobility devices are driving the growth of market in North America. The objective of the report is to present a comprehensive analysis of the Global Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Market dynamics, structure by analyzing the market segments and projects the Global Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Personal Mobility Devices Market make the report investor’s guide.

The Scope of Global Personal Mobility Devices Market: Inquire before buying

Global Personal Mobility Devices Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 13.92 Bn.
Forecast Period 2023 to 2029 CAGR: 6.8% Market Size in 2029: US $ 22.05 Bn.
Segments Covered: by Product Walking Aids Mobility Scooters Medical Beds Wheelchairs Others
by Type Hospitals & Clinics Long Term Care Centres Households Others
by Sales Channel Wholesalers/Distributors Online Retailers Multi-brand Stores Specialty Stores

Personal Mobility Devices Market, by Region

 North America (United States, Canada and Mexico)  Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)  Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)  Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)  South America (Brazil, Argentina, Columbia and Rest of South America)

Key Players:

1.Drive DeVilbiss Healthcare 2. GF Health Products, Inc. 3. Invacare Corporation 4. Hill-Rom Holdings, Inc. 5. Ottobock 6. Stryker Corporation 7. Permobil (Patricia Industries) 8. Pride Mobility Products Corp 9. Sunrise Medical (US) LLC 10. Patterson Companies, Inc. 11. ArjoHuntleigh 12. WHILL, Inc 13. Gates 14. Stannah International 15. R&E Stricker Reha-Entwicklungen GmbH 16. Triride Srl 17. Klaxon Mobility GmbH

Frequently Asked questions

1. What is the market size of the Global Personal Mobility Devices Market in 2022? Ans. The market size Global Market in 2022 was US$ 13.92 Billion. 2. What are the different segments of the Global Market? Ans. The Global Market  is divided into Product and Type. 3. What is the study period of this market? Ans. The Global Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Personal Mobility Devices Market share? Ans. The Asia Pacific dominates the market share in the  market. 5. What  is the Forecast Period of Global Personal Mobility Devices Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Global Personal Mobility Devices Market: Research Methodology 2. Global Personal Mobility Devices Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Personal Mobility Devices Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Personal Mobility Devices Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Personal Mobility Devices Market Segmentation 4.1 Global Personal Mobility Devices Market, by Product (2022-2029) • Walking Aids • Mobility Scooters • Medical Beds • Wheelchairs • Others 4.2 Global Personal Mobility Devices Market, by Type (2022-2029) • Hospitals & Clinics • Long Term Care Centres • Households • Others 4.3 Global Personal Mobility Devices Market, by Sales Channel (2022-2029) • Wholesalers/Distributors • Online Retailers • Multi-brand Stores • Specialty Stores 5. North America Personal Mobility Devices Market(2022-2029) 5.1 North America Personal Mobility Devices Market, by Product (2022-2029) • Walking Aids • Mobility Scooters • Medical Beds • Wheelchairs • Others 5.2 North America Personal Mobility Devices Market, by Type (2022-2029) • Hospitals & Clinics • Long Term Care Centres • Households • Others 5.3 North America Personal Mobility Devices Market, by Sales Channel (2022-2029) • Wholesalers/Distributors • Online Retailers • Multi-brand Stores • Specialty Stores 5.4 North America Personal Mobility Devices Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Personal Mobility Devices Market (2022-2029) 6.1. European Personal Mobility Devices Market, by Product (2022-2029) 6.2. European Personal Mobility Devices Market, by Type (2022-2029) 6.3. European Personal Mobility Devices Market, by Sales Channel (2022-2029) 6.4. European Personal Mobility Devices Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Personal Mobility Devices Market (2022-2029) 7.1. Asia Pacific Personal Mobility Devices Market, by Product (2022-2029) 7.2. Asia Pacific Personal Mobility Devices Market, by Type (2022-2029) 7.3. Asia Pacific Personal Mobility Devices Market, by Sales Channel (2022-2029) 7.4. Asia Pacific Personal Mobility Devices Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Personal Mobility Devices Market (2022-2029) 8.1 Middle East and Africa Personal Mobility Devices Market, by Product (2022-2029) 8.2. Middle East and Africa Personal Mobility Devices Market, by Type (2022-2029) 8.3. Middle East and Africa Personal Mobility Devices Market, by Sales Channel (2022-2029) 8.4. Middle East and Africa Personal Mobility Devices Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Personal Mobility Devices Market (2022-2029) 9.1. South America Personal Mobility Devices Market, by Product (2022-2029) 9.2. South America Personal Mobility Devices Market, by Type (2022-2029) 9.3. South America Personal Mobility Devices Market, by Sales Channel (2022-2029) 9.4 South America Personal Mobility Devices Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Drive DeVilbiss Healthcare 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 GF Health Products, Inc. 10.3 Invacare Corporation 10.4 Hill-Rom Holdings, Inc. 10.5 Ottobock 10.6 Stryker Corporation 10.7 Permobil (Patricia Industries) 10.8 Pride Mobility Products Corp 10.9 Sunrise Medical (US) LLC 10.10 Patterson Companies, Inc. 10.11 ArjoHuntleigh 10.12 WHILL, Inc 10.13 Gates 10.14 Stannah International 10.15 R&E Stricker Reha-Entwicklungen GmbH 10.16 Triride Srl 10.17 Klaxon Mobility GmbH
  • INQUIRE BEFORE BUYING