Market Overview:
The global medical mobility aid device market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in medical mobility aid devices. The global medical mobility aid device market is segmented on the basis of type into wheelchairs, mobility scooters, walking aids, and other devices. The wheelchairs segment is expected to account for the largest share of the global medical mobility aid device market in 2018. This can be attributed to the increasing demand for wheelchairs due to their ability to provide greater independence and flexibility than other types of devices. The walking aids segment is projected to grow at the highest CAGR during the forecast period from 2018-2030 owingto its growing popularity among geriatric population as it helps them maintain their independence even with age-related disabilities. On basis if application hospitals are anticipated top hold maximum share through 2023 owing high adoption rates across globe followed by home care settings which are also witnessing considerable rise lately . Other applications such as clinics , schools & universities are also slated witness healthy growth over next decade .
Product Definition:
A medical mobility aid device is a tool used to help people with mobility issues move around more easily. These devices can include walkers, crutches, and wheelchairs. They are important because they can help people maintain their independence and quality of life by allowing them to get around on their own.
Wheelchairs:
A wheelchair is a device used by people who are unable to walk. There are two types of wheelchairs: manual and powered. Powered wheelchairs can be operated with the help of an electric motor, while manual wheelchairs can be operated by human power or other sources of energy.
Mobility Scooters:
The global mobility scooters and it's usage in the medical mobility aid device market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising geriatric population, increasing prevalence of target diseases such as arthritis & Parkinson’s disease, growing awareness regarding ease of use and convenience offered by these devices are some factors driving growth during the forecast period 2017-2021.
Application Insights:
The hospital segment dominated the global medical mobility aid device market in 2017. The need for assistance devices in hospitals has increased due to various reasons such as, patients being bedridden or having other physical limitations that restrict their movements. In addition, an increasing number of geriatric population and rising cases of Parkinson¢â‚¬â„¢s disease are also expected to drive the demand for these devices at a national level over the forecast period.
Medical tourism is gaining significant traction owing to various advantages offered by countries such as India and Thailand regarding access to advanced healthcare facilities at affordable costs coupled with high quality services.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of patients suffering from chronic diseases such as arthritis, cancer, and Parkinson’s disease is one of the major factors driving this regional market. According to statistics published by National Cancer Institute (NCI), around 1,735,590 new cases were estimated to be diagnosed in 2019 in the U.S., with prostate cancer being the most frequent type and lung cancer being the least frequent type among all cancers.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for medical mobility aid devices, as these devices help improve the quality of life for seniors.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as arthritis, stroke, and heart disease is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for medical mobility aid devices that can help patients with these conditions regain their independence and improve their quality of life.
- Technological advancements: Medical mobility aid device manufacturers are constantly innovating new technologies that make these devices more user-friendly and effective. For instance, recent advancements in smart technology have led to the development of intelligent medical mobility aids that can track a patient’s activity levels and provide real-time feedback on how well they are performing tasks such as walking or climbing stairs. Such innovations are likely to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Mobility Aid Device Market Research Report
By Type
Wheelchairs, Mobility Scooters, Walking Aids, Other
By Application
Hospital, Home Use, Other
By Companies
Invacare Corp, Sunrise Medical, Permobil Corp, Ottobock, Pride Mobility, Hoveround Corp, Medline, Hubang, Drive Medical, N.V. Vermeiren, Nissin Medical, GF Health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Medical Mobility Aid Device Market Report Segments:
The global Medical Mobility Aid Device market is segmented on the basis of:
Types
Wheelchairs, Mobility Scooters, Walking Aids, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Home Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Invacare Corp
- Sunrise Medical
- Permobil Corp
- Ottobock
- Pride Mobility
- Hoveround Corp
- Medline
- Hubang
- Drive Medical
- N.V. Vermeiren
- Nissin Medical
- GF Health
Highlights of The Medical Mobility Aid Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wheelchairs
- Mobility Scooters
- Walking Aids
- Other
- By Application:
- Hospital
- Home Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Mobility Aid Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Medical Mobility Aid Device is a device that helps people with disabilities move around. It can be used to help people with mobility issues, such as arthritis, walk or wheelchair-use.
Some of the major players in the medical mobility aid device market are Invacare Corp, Sunrise Medical, Permobil Corp, Ottobock, Pride Mobility, Hoveround Corp, Medline, Hubang, Drive Medical, N.V. Vermeiren, Nissin Medical, GF Health.
The medical mobility aid device market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Mobility Aid Device Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Medical Mobility Aid Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medical Mobility Aid Device Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Medical Mobility Aid Device Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Medical Mobility Aid Device Market Size & Forecast, 2020-2028 4.5.1 Medical Mobility Aid Device Market Size and Y-o-Y Growth 4.5.2 Medical Mobility Aid Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wheelchairs
5.2.2 Mobility Scooters
5.2.3 Walking Aids
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Home Use
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Mobility Aid Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Mobility Aid Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wheelchairs
9.6.2 Mobility Scooters
9.6.3 Walking Aids
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Home Use
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wheelchairs
10.6.2 Mobility Scooters
10.6.3 Walking Aids
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Home Use
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wheelchairs
11.6.2 Mobility Scooters
11.6.3 Walking Aids
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Home Use
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wheelchairs
12.6.2 Mobility Scooters
12.6.3 Walking Aids
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Home Use
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wheelchairs
13.6.2 Mobility Scooters
13.6.3 Walking Aids
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Home Use
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Mobility Aid Device Market: Competitive Dashboard
14.2 Global Medical Mobility Aid Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Invacare Corp
14.3.2 Sunrise Medical
14.3.3 Permobil Corp
14.3.4 Ottobock
14.3.5 Pride Mobility
14.3.6 Hoveround Corp
14.3.7 Medline
14.3.8 Hubang
14.3.9 Drive Medical
14.3.10 N.V. Vermeiren
14.3.11 Nissin Medical
14.3.12 GF Health