Devices that are solely used by a patient or an individual with mobility impairment for movement or locomotion are considered as personal mobility devices. These devices are mainly used in providing assistance to individuals with physical disabilities and can be manual or motorized (powered). Some of these devices include manual wheelchairs, walkers, crutches, roller, power wheelchair, lift chairs, mobility scooter, and others. Personal mobility devices are remarkably tailored for disabled patients to deliver additional assistance to walk and accomplish their personal tasks self-sufficiently.
The global personal mobility devices market size was valued at $7,704.77 million in 2019, and is expected to reach $14,591.76 million by 2027, growing at a CAGR of 7.1% from 2020 to 2027.
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Advancements in technology, surge in prevalence of chronic diseases, and rise in aging population drive the global personal mobility devices market growth. However, high investment cost and complications related to usage limit the market growth. On the other hand, increase in demand from emerging countries presents new opportunities in the next few years.
The report provides detailed segmentation of the global personal mobility devices market based on product, end user, and region.
On the basis of product, the wheelchairs segment accounted for the largest market share in 2019, contributing to nearly three-fourths of the total market share, and is projected to continue its leadership status during the forecast period. However, the mobility scooters segment is estimated to maintain the largest CAGR of 7.6% from 2020 to 2027.
Key Findings of the Personal Mobility Devices Market
- Based on product, the mobility scooters segment is projected to grow at the highest rate during the analysis period.
- South Africa is projected to grow at a CAGR of 6.0%.
- North America registered the largest personal mobility devices market share in 2019, and is projected to maintain its lead until 2027.
By end user, the homecare segment contributed to the largest share in 2019, accounting for more than three-fourths of the global personal mobility devices market, and is estimated to maintain its lead position during the forecast period. In addition, this segment is expected to witness the highest CAGR of 7.2% during the forecast period.
Based on region, North America held the highest share in terms of revenue in 2019, accounting for more than two-fifths of the global market share, and is estimated to continue its dominance by 2027. However, Asia-Pacific is projected to manifest the highest CAGR of 8.3% from 2020 to 2027.
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Leading players of the global Personal Mobility Devices market analyzed in the research include Briggs Healthcare, Drive DeVilbiss Healthcare, Carex Health Brands, Inc., Invacare Corporation, GF Health Products, Inc., Pride Mobility Products Corp., Medline Industries Inc., Stryker Corporation, Rollz International, and Sunrise Medical LLC.
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