Market Overview:
The global mobility aids 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, growing geriatric population, and rising awareness about disability aids. The electrically powered wheelchair segment is expected to dominate the global mobility aids market during the forecast period. This can be attributed to their high demand among geriatric population and increasing preference for electric wheelchairs over manual wheelchairs. In terms of application, hospitals are expected to account for the largest share of the global mobility aids market during the forecast period.
Product Definition:
Mobility Aids are devices used to increase or maintain the mobility of a person with a disability. These devices can include wheelchairs, walkers, and canes. Mobility aids help people with disabilities to participate in activities that they might not be able to do without them.
Electrically Powered Wheelchairs:
Electric powered wheelchairs are motorized wheelchairs that are battery-powered. They rely on the users' strength and ability to propel themselves using a hand crank or an electric motor. The chair is usually made of lightweight materials, such as aluminum, due to the fact that it helps in providing better comfort to the user while remaining portable.
The global electrically powered wheelchairs market was valued at USD 943 million in 2016.
Manual Wheelchairs:
Manual wheelchairs are primarily designed for people who need assistance with walking. They are available in two forms - folding and rigid. Folding chairs were the first type to be manufactured, but due to their bulk and weight they have been replaced by rigid models.
Rigid manual wheelchairs are more stable as compared to folding variants as they do not have any loose parts that can get lost or stolen.
Application Insights:
The market is segmented by application into hospital, clinic, and household. The household segment held the largest share in 2017 owing to increasing demand for mobility aids among the geriatric population and those suffering from physical disabilities. Moreover, rising awareness about these devices among consumers is expected to boost their demand over the forecast period.
The hospital segment is anticipated to witness lucrative growth over the forecast period due to a rise in medical emergencies across various regions of the world coupled with an increase in investments by governments for developing healthcare infrastructure. For instance, according to WHO data published on October 2016, India has witnessed around 1,200% increase in bed capacity from 2010-11 till date which has resulted into higher utilization of mobility aids such as stretchers and wheelchairs at hospitals during emergency situations leadingto increased revenue generation for this industry globally.
Regional Analysis:
North America dominated the global market in 2017 owing to increasing demand for technologically advanced mobility aids. Moreover, growing awareness about disabilities and presence of well-established healthcare facilities are some other factors driving regional growth. Europe is expected to be the fastest-growing region over the forecast period due to rising geriatric population and prevalence of chronic diseases that require long term care. Asia Pacific is also anticipated to witness significant growth during the same period due to improving healthcare infrastructure, economic development, and rise in disposable income especially in developing countries such as India & China. In addition, high incidence rate of road accidents coupled with rapidly improving road infrastructure will drive regional growth further.
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 increase in demand for mobility aids, as these devices help seniors maintain their independence and improve their quality of life.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as arthritis, multiple sclerosis (MS), cerebral palsy, and Parkinson’s disease is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for mobility aids among patients suffering from such conditions, as they help them overcome disability caused by these diseases.
- Technological advancements: Mobility aid manufacturers are constantly innovating new technologies that make these devices more user-friendly and efficient. For instance, recent advancements include intelligent power wheelchairs that can be controlled using smartphones or tablets, lightweight manual wheelchairs that can be folded up for easy transport, and smart walkers with sensors that detect obstacles ahead and provide real-time navigation assistance.. These innovations are helping boost the adoption rate of mobility aids among consumers worldwide..
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobility Aids Market Research Report
By Type
Electrically Powered Wheelchairs, Manual Wheelchairs, Walking Aids, Mobility Scooters, Stretchers, Stair Lifts
By Application
Hospital, Clinic, Household
By Companies
Sunrise Medicals GmbH, Invacare, Stryker, Medline Industries, Drive Medical, Bayerische Patentallianz, MedTrak Holding, OttoBock Healthcare, GF Health Products, Hoveround, Cadence Biomedical, Better Walk
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Mobility Aids Market Report Segments:
The global Mobility Aids market is segmented on the basis of:
Types
Electrically Powered Wheelchairs, Manual Wheelchairs, Walking Aids, Mobility Scooters, Stretchers, Stair Lifts
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, Clinic, Household
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:
- Sunrise Medicals GmbH
- Invacare
- Stryker
- Medline Industries
- Drive Medical
- Bayerische Patentallianz
- MedTrak Holding
- OttoBock Healthcare
- GF Health Products
- Hoveround
- Cadence Biomedical
- Better Walk
Highlights of The Mobility Aids 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:
- Electrically Powered Wheelchairs
- Manual Wheelchairs
- Walking Aids
- Mobility Scooters
- Stretchers
- Stair Lifts
- By Application:
- Hospital
- Clinic
- Household
- 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 Mobility Aids 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Mobility aids are devices, such as canes or walkers, that help people with mobility disabilities move around.
Some of the key players operating in the mobility aids market are Sunrise Medicals GmbH, Invacare, Stryker, Medline Industries, Drive Medical, Bayerische Patentallianz, MedTrak Holding, OttoBock Healthcare, GF Health Products, Hoveround, Cadence Biomedical, Better Walk.
The mobility aids 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 Mobility Aids 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 Mobility Aids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobility Aids 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 Mobility Aids 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 Mobility Aids Market Size & Forecast, 2020-2028
4.5.1 Mobility Aids Market Size and Y-o-Y Growth
4.5.2 Mobility Aids 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 Electrically Powered Wheelchairs
5.2.2 Manual Wheelchairs
5.2.3 Walking Aids
5.2.4 Mobility Scooters
5.2.5 Stretchers
5.2.6 Stair Lifts
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 Clinic
6.2.3 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobility Aids 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 Mobility Aids 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 Electrically Powered Wheelchairs
9.6.2 Manual Wheelchairs
9.6.3 Walking Aids
9.6.4 Mobility Scooters
9.6.5 Stretchers
9.6.6 Stair Lifts
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 Clinic
9.10.3 Household
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 Electrically Powered Wheelchairs
10.6.2 Manual Wheelchairs
10.6.3 Walking Aids
10.6.4 Mobility Scooters
10.6.5 Stretchers
10.6.6 Stair Lifts
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 Clinic
10.10.3 Household
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 Electrically Powered Wheelchairs
11.6.2 Manual Wheelchairs
11.6.3 Walking Aids
11.6.4 Mobility Scooters
11.6.5 Stretchers
11.6.6 Stair Lifts
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 Clinic
11.10.3 Household
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 Electrically Powered Wheelchairs
12.6.2 Manual Wheelchairs
12.6.3 Walking Aids
12.6.4 Mobility Scooters
12.6.5 Stretchers
12.6.6 Stair Lifts
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 Clinic
12.10.3 Household
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 Electrically Powered Wheelchairs
13.6.2 Manual Wheelchairs
13.6.3 Walking Aids
13.6.4 Mobility Scooters
13.6.5 Stretchers
13.6.6 Stair Lifts
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 Clinic
13.10.3 Household
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 Mobility Aids Market: Competitive Dashboard
14.2 Global Mobility Aids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sunrise Medicals GmbH
14.3.2 Invacare
14.3.3 Stryker
14.3.4 Medline Industries
14.3.5 Drive Medical
14.3.6 Bayerische Patentallianz
14.3.7 MedTrak Holding
14.3.8 OttoBock Healthcare
14.3.9 GF Health Products
14.3.10 Hoveround
14.3.11 Cadence Biomedical
14.3.12 Better Walk
