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 Overview

The report includes a detailed analysis of Personal Mobility Devices market dynamics, size and share with the list of key players across the globe. The competitive landscape including the revenue of each player in the report helps clients to develop strategies to grow their presence in the global Personal Mobility Devices market.

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Personal Mobility Devices Market Report Scope and Research Methodology

The main aim of the report is to present a detailed analysis of the Global Personal Mobility Devices Market including all the stakeholders of the industry. The past and current status of the Personal Mobility Devices industry with forecasted market size and trends are presented in the report. The report provides a detailed region-wise and segment-wise analysis of the Personal Mobility Devices market dynamics including drivers, restraints, challenges and opportunities. PORTER, SWOT, and PESTLE analysis with the potential impact of macroeconomic and microeconomic factors of the Personal Mobility Devices industry have been presented in the report. The bottom-up approach was used to estimate the global and regional Personal Mobility Devices size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the global market makes the Personal Mobility Devices market report an investor’s guide.

Personal Mobility Devices Market Regional Insights

The report provides a detailed analysis of Personal Mobility Devices market dynamics with market size and share in each region and country:

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • South America

Personal Mobility Devices Market Segmentation

Increasing adoption of various personal mobility devices in the advanced healthcare field is the main driver of market growth. Increase in disability in an aging society, continued development of mobility aids, increase in various accidents leading to limb disabilities, increased demand for personal mobility aids by athletes participating in events such as the Paralympic World Cup, work An increase in the number of related accidents, human meningitis and spinal cord injuries, and supportive reimbursement policies for rentals and purchases of personal mobility devices are expected to drive market growth during the forecast period.

However, limited availability of service centers and lack of awareness of modern personal mobility devices in developing countries are the major inhibitors hindering the market growth.

Viewed by product type, the walking aid segment is expected to dominate the HIS market in 2021 and register rapid growth at a HIS CAGR of xx% during the forecast period. There are a large number of personal mobility his devices on the market and in recent years there has been a significant increase in the production and sales of mobility or walking aids. Rising incidence of fractures and injuries due to osteoporosis, increasing demand for walking aids, walking rollers, and crutches, and rising production of low-cost personal mobility devices are expected to further fuel market growth during the forecast period. expected.

However, the wheelchair segment is projected to grow rapidly with a CAGR of xx% during the forecast period. A wheelchair is he one of the most common and widespread assistive devices. Increased technological development of existing wheelchairs and increasing demand for the most comfortable electric wheelchairs are attributed to the growth of the market.

Increased investment in the production of personal mobility devices by various major manufacturers for different applications is fueling the market growth. 

Personal Mobility Devices Market Key Players

• Drive DeVilbiss Healthcare
• GF Health Products, Inc.
• Invacare Corporation
• Hill-Rom Holdings, Inc.
• Ottobock
• Stryker Corporation
• Permobil (Patricia Industries)
• Pride Mobility Products Corp
• Sunrise Medical (US) LLC
• Patterson Companies, Inc.
• ArjoHuntleigh
• WHILL, Inc
• Gates
• Stannah International
• R&E Stricker Reha-Entwicklungen GmbH
• Triride Srl
• Klaxon Mobility GmbH

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Key Questions answered in the Personal Mobility Devices Market Report are:

  • Which segment held the largest share in the Personal Mobility Devices market?
  • Which are the factors driving the Personal Mobility Devices market growth?
  • Which region holds the largest share in the Personal Mobility Devices market?
  • What is the expected CAGR of the Personal Mobility Devices market during the forecast period?
  • Who are the key players in the Personal Mobility Devices market?
  • What key trends are expected to emerge in the Personal Mobility Devices market during the forecast period?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by X, X, X and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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