Market Overview:
The global mobility aids products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The increasing prevalence of chronic diseases, such as arthritis and Parkinson’s disease, is one of the major factors driving the growth of this market. Mobility aids products are used to improve the quality of life for patients suffering from chronic diseases by providing them with assistance in performing activities of daily living (ADLs). These products are also used for rehabilitation purposes after an injury or surgery. The global mobility aids products market can be segmented on the basis of type into canes and crutches, walkers, and wheelchairs. The walkers segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to rising geriatric population across the globe and increasing awareness about safety among elderly people.
Product Definition:
Mobility aids products are devices or equipment that helps people with disabilities to move around more easily. These products can include wheelchairs, walkers, and crutches. They can help people with a variety of disabilities, including those who have trouble walking or standing. Mobility aids products can help make it easier for people to get around their homes, workplaces, and communities.
Canes and Crutches:
Cane and crutches are used by people who have difficulty walking or moving around. The product is designed to help patients recover from a medical condition, which causes difficulties in moving. Crutches are mainly used by the elderly population for balance and stability while walking or standing.
Walkers:
walker is a device used by people with restricted lower extremities for moving around. It helps them to move independently and efficiently.
It’s basically a platform that provides support to the user’s body, which enables them to step down easily from one place to another without any difficulty or risk of falling. A walker can be of different types such as folding, rigid, soft-wheeled, bariatric and electric among others.
Application Insights:
The others segment held the largest market share in 2017 and is anticipated to grow at a CAGR of XX% over the forecast period owing to an increase in demand for mobility aids among people with disabilities who do not have any physical limitations or conditions that may restrict their movement. The blind and vision impairment application segment is expected to witness significant growth during the forecast period, owing to increasing government initiatives towards inclusion of visually impaired people in sports activities, recreational activities and other daily tasks. For instance, VisionAids India works with local partners for providing training and equipment for blind people so that they can participate actively in social life as well as gain employment opportunities.
The elderly population group is also estimated to exhibit high demand for mobility aids due largely on growing geriatric population across various regions coupled with rising health issues such as fractures due lack of flexibility caused due improper use of walkers by aged individuals.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of industry players and favorable reimbursement policies are some factors contributing to its growth. In addition, increasing demand for mobility aids from patients suffering from chronic diseases is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income, improving healthcare infrastructure, and an increase in investments by public & private entities in developing countries such as India & China. Moreover, growing awareness about rehabilitation after accidents and surgeries is expected fuel regional product demand during the forecast period.
Europe was valued at USD X billion in 2017 owing to high prevalence of disabilities coupled with high adoption rate of mobility aids across several European countries Such as Germany, France Belgium UK etcetera This can be attributed to growing awareness about rehabilitation after accidents.
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 products, as these products help improve the quality of life for seniors.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as arthritis, stroke, and Parkinson’s disease is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for mobility aids products that can help patients with these conditions regain their independence and improve their quality of life.
- Technological advancements: Mobility aid product manufacturers are constantly innovating new technologies that make these products more user-friendly and easier to use for seniors with different needs or disabilities. For example, smart wheelchairs that can be controlled by smartphones are becoming increasingly popular among consumers due to their ease-of-use and functionality features such as obstacle avoidance systems etcetera . Such technological advancements are likely to spur market growth over the forecast period . 4) Government initiatives supporting independent living: Governments around the world are promoting independent living among seniors by providing incentives such as tax breaks or subsidies for purchasing mobility aids products . For instance , In India , under its “Pradhan Mantri Vaya Vandana Yojana” scheme launched in 2017 , senior
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobility Aids Products Market Research Report
By Type
Canes and Crutches, Walkers, Wheelchairs
By Application
Blind and Vision Impairment, Elderly, Others
By Companies
Permobil, Invacare, Sunrise Medical, Pride Mobility, Ottobock, Medline, Hoveround Corp, Drive Medical, Hubang, Merits Health Products, Permobil, N.V. Vermeiren, Heartway, GF Health, Karman, EZ Lite Cruiser, Golden Technologies, Drive DeVilbiss Healthcare, Breg, Inc., Performance 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 Mobility Aids Products Market Report Segments:
The global Mobility Aids Products market is segmented on the basis of:
Types
Canes and Crutches, Walkers, Wheelchairs
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
Blind and Vision Impairment, Elderly, Others
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:
- Permobil
- Invacare
- Sunrise Medical
- Pride Mobility
- Ottobock
- Medline
- Hoveround Corp
- Drive Medical
- Hubang
- Merits Health Products
- Permobil
- N.V. Vermeiren
- Heartway
- GF Health
- Karman
- EZ Lite Cruiser
- Golden Technologies
- Drive DeVilbiss Healthcare
- Breg, Inc.
- Performance Health
Highlights of The Mobility Aids Products 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:
- Canes and Crutches
- Walkers
- Wheelchairs
- By Application:
- Blind and Vision Impairment
- Elderly
- Others
- 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 Products 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?
Mobility aids products are devices, such as canes or walkers, that help people with mobility impairments move around.
Some of the major players in the mobility aids products market are Permobil, Invacare, Sunrise Medical, Pride Mobility, Ottobock, Medline, Hoveround Corp, Drive Medical, Hubang, Merits Health Products, Permobil, N.V. Vermeiren, Heartway, GF Health, Karman, EZ Lite Cruiser, Golden Technologies, Drive DeVilbiss Healthcare, Breg, Inc., Performance Health.
The mobility aids products market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobility Aids Products 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 Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobility Aids Products 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 Products 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 Products Market Size & Forecast, 2018-2028
4.5.1 Mobility Aids Products Market Size and Y-o-Y Growth
4.5.2 Mobility Aids Products Market Absolute $ Opportunity
Chapter 5 Global Mobility Aids Products 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 Mobility Aids Products Market Size Forecast by Type
5.2.1 Canes and Crutches
5.2.2 Walkers
5.2.3 Wheelchairs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mobility Aids Products 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 Mobility Aids Products Market Size Forecast by Applications
6.2.1 Blind and Vision Impairment
6.2.2 Elderly
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobility Aids Products 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 Products 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 Mobility Aids Products Analysis and Forecast
9.1 Introduction
9.2 North America Mobility Aids Products 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 Mobility Aids Products Market Size Forecast by Type
9.6.1 Canes and Crutches
9.6.2 Walkers
9.6.3 Wheelchairs
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 Mobility Aids Products Market Size Forecast by Applications
9.10.1 Blind and Vision Impairment
9.10.2 Elderly
9.10.3 Others
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 Mobility Aids Products Analysis and Forecast
10.1 Introduction
10.2 Europe Mobility Aids Products 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 Mobility Aids Products Market Size Forecast by Type
10.6.1 Canes and Crutches
10.6.2 Walkers
10.6.3 Wheelchairs
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 Mobility Aids Products Market Size Forecast by Applications
10.10.1 Blind and Vision Impairment
10.10.2 Elderly
10.10.3 Others
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 Mobility Aids Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mobility Aids Products 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 Mobility Aids Products Market Size Forecast by Type
11.6.1 Canes and Crutches
11.6.2 Walkers
11.6.3 Wheelchairs
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 Mobility Aids Products Market Size Forecast by Applications
11.10.1 Blind and Vision Impairment
11.10.2 Elderly
11.10.3 Others
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 Mobility Aids Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Mobility Aids Products 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 Mobility Aids Products Market Size Forecast by Type
12.6.1 Canes and Crutches
12.6.2 Walkers
12.6.3 Wheelchairs
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 Mobility Aids Products Market Size Forecast by Applications
12.10.1 Blind and Vision Impairment
12.10.2 Elderly
12.10.3 Others
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) Mobility Aids Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mobility Aids Products 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) Mobility Aids Products Market Size Forecast by Type
13.6.1 Canes and Crutches
13.6.2 Walkers
13.6.3 Wheelchairs
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) Mobility Aids Products Market Size Forecast by Applications
13.10.1 Blind and Vision Impairment
13.10.2 Elderly
13.10.3 Others
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 Products Market: Competitive Dashboard
14.2 Global Mobility Aids Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Permobil
14.3.2 Invacare
14.3.3 Sunrise Medical
14.3.4 Pride Mobility
14.3.5 Ottobock
14.3.6 Medline
14.3.7 Hoveround Corp
14.3.8 Drive Medical
14.3.9 Hubang
14.3.10 Merits Health Products
14.3.11 Permobil
14.3.12 N.V. Vermeiren
14.3.13 Heartway
14.3.14 GF Health
14.3.15 Karman
14.3.16 EZ Lite Cruiser
14.3.17 Golden Technologies
14.3.18 Drive DeVilbiss Healthcare
14.3.19 Breg, Inc.
14.3.20 Performance Health
