Market Overview:
The global medical mobility device market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in medical mobility devices. The global medical mobility device market is segmented by type into wheelchairs, mobility scooters, walking aids, and other devices. The wheelchairs segment is expected to dominate the market during the forecast period owing to its high demand for long-term use among geriatric population. The walking aids segment is projected to grow at a highest CAGR during the forecast period due to increasing awareness about their benefits among people with disabilities and elderly population. By application, the global medical mobility device market is divided into hospital use, home use, and other applications such as travel & tourism and military & defense. Hospital use dominates the overall application segment owing to rising number of hospitals across globe coupled with growing number of surgeries performed in these hospitals annually. Home care usage accounted for second largest share in 2017 due its growing popularity for post-operative care or rehabilitation purposes which helps patients recover faster than staying at a hospital setting post surgery or treatment procedures . Regionally North America held dominant position followed by Europe while Asia Pacific region projected show highest CAGR over next 10 years .
Product Definition:
A medical mobility device is any object that helps a person with limited mobility to move around. This might include anything from a cane or walker to a wheelchair. Medical mobility devices are important because they help people with limited mobility stay mobile and independent. They can also improve quality of life by allowing people to participate in activities they wouldn't be able to otherwise.
Wheelchairs:
A wheelchair (wiak) 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 ones are manually operated.
The global market for medical mobility devices is expected to witness significant growth over the forecast period owing to increasing geriatric population base, rising prevalence of target diseases such as spinal cord injuries.
Mobility Scooters:
The global mobility scooters and it's usage in the medical mobility 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 over other modes of transportation are some factors driving growth during the forecast period 2017-2022.
Application Insights:
The hospital segment dominated the global medical mobility device market in 2017. The high use of wheelchairs and walkers at hospitals for transporting patients is one of the major factors contributing to their dominance. In addition, a large number of hospitals across the globe have adopted mobile clinics which provide primary healthcare services at the site itself thereby reducing patient¢â‚¬â„¢s travel time to a minimum. This trend is expected to continue over the forecast period as more and more hospitals opt for such services thus driving demand over next seven years.
The home use segment accounted for a share of 28% in 2017 owing to increasing preference among older people, who require assistance with daily activities due to physical disabilities caused by accidents or diseases, for using mobility devices at home instead of spending huge amounts on institutional care. Furthermore, an increase in incidences related injuries has increased demand for these devices globally which will further boost growth from 2018-2030ADT).
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 has led to an increase in the demand for these devices. In addition, growing awareness regarding mobility issues among the aging population is anticipated to fuel regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising patient awareness about available mobility aids. Moreover, increasing government initiatives aimed at creating a enabling environment for people with disabilities are expected to drive regional demand during the forecast period.
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 devices, as these devices help improve the quality of life for seniors.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as arthritis, heart disease, stroke, and diabetes is increasing worldwide due to changing lifestyles and aging populations. This is leading to an increased demand for medical mobility devices that can help patients manage their conditions better.
- Technological advancements: Medical mobility device manufacturers are constantly innovating their products with new features and technologies that make them more user-friendly and effective. For instance, recent advancements in smart technology have led to the development of intelligent medical mobility devices that can track patient data and provide real-time feedback on performance levels. 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 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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Medical Mobility Device Market Report Segments:
The global Medical Mobility 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 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 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 device is a wheelchair, scooter, or other type of vehicle that is specifically designed for use by people with disabilities. These devices can help people who are unable to walk or use stairs get around easily and safely.
Some of the major companies in the medical mobility 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 device market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Mobility 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 Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Mobility 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 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 Device Market Size & Forecast, 2020-2028
4.5.1 Medical Mobility Device Market Size and Y-o-Y Growth
4.5.2 Medical Mobility 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 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 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 Device Market: Competitive Dashboard
14.2 Global Medical Mobility 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
