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.
An analysis of Personal Mobility Device’s growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Personal Mobility Device market to give a clearer picture of its regional distribution and growth.
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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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