Market Overview:
The global mobility assistive devices market is expected to grow at a CAGR of 7.5% 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. Additionally, the growing geriatric population is also contributing to the growth of this market. The global mobility assistive devices market can be segmented on the basis of type into gait trainers, ankle-foot orthoses or braces, walkers, manual wheelchairs and others. The gait trainers segment is expected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. This high growth rate can be attributed to increasing demand for these devices from hospitals and rehabilitation centers across the globe. On the basis of application,the global mobility assistive devices market can be divided into hospitals, rehabilitation centers and homecare setting.
Product Definition:
Mobility Assistive Devices are devices that help people with mobility impairments to move around. They can include things like wheelchairs, walkers, and braces. Mobility Assistive Devices are important because they help people with mobility impairments to be more mobile and independent.
Gait Trainers:
Gait trainers are devices that are used to improve walking ability. They can be used by people with Parkinson's disease, arthritis, stroke or any other movement disability. Gait trainers work by making the patient walk again in order to build up the strength and speed of their step.
Ankle-Foot Orthoses or Braces:
Ankle-foot orthoses or braces are used to correct deformities in the feet and ankle. They are also useful for providing stability to patients with weak ankles, foot pain, sprains and fractures of the foot & ankle as well as arthritis of the ankle joint. Ankle-foot orthosis can be used by itself or in combination with other mobility assistive devices such as rollators or canes.
Application Insights:
The global market is segmented by application into hospitals, rehabilitation centers, and homecare settings. The hospital segment dominated the market in 2017 owing to increasing geriatric population base and rising number of hospital beds across the globe. Moreover, growing investments for R&D in this sector are expected to boost product demand over the forecast period.
The rehabilitation center segment is anticipated to witness lucrative growth over the forecast period due to rising incidence of mobility disability among older adults as a result of loss of motor control or endurance due to illness or injury. Furthermore, an increase in government initiatives for improving accessibility for people with disabilities will boost industry growth further. For instance, according these recent statistics published by WHO (2018), 1 out of 10 adults aged 60 years and above suffer from some form of physical disability which needs assistance for daily activities such as eating, bathing etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing cases of arthritis, rising geriatric population, and high adoption of mobility assistive devices. According to the American Academy of Orthopedic Surgeons (AAOS), approximately 6 million people suffer from ankle sprains each year in U.S., with women being more prone than men.
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 mobility assistive devices, 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 assistive devices that can help patients manage their conditions better.
- Technological advancements: Mobility assistive device manufacturers are constantly innovating new technologies that make these devices more user-friendly and efficient. For instance, recent advancements in smart technology have led to the development of intelligent wheelchairs that can be controlled by smartphones or tablets. Such innovations are likely to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobility Assistive Devices Market Research Report
By Type
Gait Trainers, Ankle-Foot Orthoses or Braces, Walkers, Manual Wheelchairs, Others
By Application
Hospitals, Rehabilitation Center, Homecare Setting
By Companies
Medical Depot, Inc.(Drive Medical), Pacific Rehab Inc., Columbia Medical, Real Design Inc., Rifton Equipment, Otto Bock Inc., Hocoma AG, Ekso Bionics, Rex Bionics Ltd., Medical Depot, Inc.(Drive Medical)
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Mobility Assistive Devices Market Report Segments:
The global Mobility Assistive Devices market is segmented on the basis of:
Types
Gait Trainers, Ankle-Foot Orthoses or Braces, Walkers, Manual Wheelchairs, Others
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
Hospitals, Rehabilitation Center, Homecare Setting
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:
- Medical Depot, Inc.(Drive Medical)
- Pacific Rehab Inc.
- Columbia Medical
- Real Design Inc.
- Rifton Equipment
- Otto Bock Inc.
- Hocoma AG
- Ekso Bionics
- Rex Bionics Ltd.
- Medical Depot, Inc.(Drive Medical)
Highlights of The Mobility Assistive Devices 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:
- Gait Trainers
- Ankle-Foot Orthoses or Braces
- Walkers
- Manual Wheelchairs
- Others
- By Application:
- Hospitals
- Rehabilitation Center
- Homecare Setting
- 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 Assistive Devices 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
- Market Entry Strategies
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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 assistive devices (MADs) are devices that help people with disabilities live more independently. They can include things like wheelchair ramps, lifts, and scooters.
Some of the major companies in the mobility assistive devices market are Medical Depot, Inc.(Drive Medical), Pacific Rehab Inc., Columbia Medical, Real Design Inc., Rifton Equipment, Otto Bock Inc., Hocoma AG, Ekso Bionics, Rex Bionics Ltd., Medical Depot, Inc.(Drive Medical).
The mobility assistive devices 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 Assistive Devices 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 Assistive Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobility Assistive Devices 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 Assistive Devices 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 Assistive Devices Market Size & Forecast, 2018-2028
4.5.1 Mobility Assistive Devices Market Size and Y-o-Y Growth
4.5.2 Mobility Assistive Devices Market Absolute $ Opportunity
Chapter 5 Global Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Type
5.2.1 Gait Trainers
5.2.2 Ankle-Foot Orthoses or Braces
5.2.3 Walkers
5.2.4 Manual Wheelchairs
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Rehabilitation Center
6.2.3 Homecare Setting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobility Assistive Devices 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 Assistive Devices 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 Assistive Devices Analysis and Forecast
9.1 Introduction
9.2 North America Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Type
9.6.1 Gait Trainers
9.6.2 Ankle-Foot Orthoses or Braces
9.6.3 Walkers
9.6.4 Manual Wheelchairs
9.6.5 Others
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 Assistive Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Rehabilitation Center
9.10.3 Homecare Setting
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 Assistive Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Type
10.6.1 Gait Trainers
10.6.2 Ankle-Foot Orthoses or Braces
10.6.3 Walkers
10.6.4 Manual Wheelchairs
10.6.5 Others
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 Assistive Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Rehabilitation Center
10.10.3 Homecare Setting
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 Assistive Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Type
11.6.1 Gait Trainers
11.6.2 Ankle-Foot Orthoses or Braces
11.6.3 Walkers
11.6.4 Manual Wheelchairs
11.6.5 Others
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 Assistive Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Rehabilitation Center
11.10.3 Homecare Setting
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 Assistive Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Type
12.6.1 Gait Trainers
12.6.2 Ankle-Foot Orthoses or Braces
12.6.3 Walkers
12.6.4 Manual Wheelchairs
12.6.5 Others
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 Assistive Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Rehabilitation Center
12.10.3 Homecare Setting
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 Assistive Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mobility Assistive Devices 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 Assistive Devices Market Size Forecast by Type
13.6.1 Gait Trainers
13.6.2 Ankle-Foot Orthoses or Braces
13.6.3 Walkers
13.6.4 Manual Wheelchairs
13.6.5 Others
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 Assistive Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Rehabilitation Center
13.10.3 Homecare Setting
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 Assistive Devices Market: Competitive Dashboard
14.2 Global Mobility Assistive Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medical Depot, Inc.(Drive Medical)
14.3.2 Pacific Rehab Inc.
14.3.3 Columbia Medical
14.3.4 Real Design Inc.
14.3.5 Rifton Equipment
14.3.6 Otto Bock Inc.
14.3.7 Hocoma AG
14.3.8 Ekso Bionics
14.3.9 Rex Bionics Ltd.
14.3.10 Medical Depot, Inc.(Drive Medical)
