Rising geriatric population and increasing cases of disabilities around the globe are driving the global mobility devices market says Fortune Business Insights in a report titled “Mobility Devices Market Size, Share and Global Trend By Product (Wheelchairs, Cane, Crutches, Mobility Scooters, Lifts), By End-User (Homecare settings, Hospitals & Nursing Homes, Assisted Living Facilities), And Geography Forecast Till 2026.” Growing demand for safe and affordable mobility devices among disabled people is driving the global market.
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Leading Players operating in the Mobility Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Sunrise Medical LLC
- Invacare Corporation
- OttoBock,
- Stryker
- Medline Industries
- GF Health Products Inc
- Hoveround Corporation
- LEVO AG
- Permobil AB
- Merivaara Corporation, among others.
Mobility Devices Benefits People with Disability
Mobility devices and transportation equipment are designed to aid individuals suffering from mobility impairment. Mobility devices are utilized to extend independent mobility to physically impaired or geriatric people. The devices are built in a way to assist while providing various benefits to the users, such as a reduction in pain, independence, confidence and self-esteem. The rising geriatric population around the world is supporting the growth of the global mobility devices market. Mobility devices market on the basis of product is segmented into, canes, crutches, wheelchairs, and mobility scooters. Mobility scooters are the most widely used mobility devices around the world. The rising elderly population and growing prevalence of disabilities around the world are some of the factors likely to boost the growth of mobility devices in the forthcoming year. According to the World Health Organization (WHO) around 10% of people globally require mobility devices for their daily activities and physical movement.
Mobility Device Market Segmentation:
By Product
- Wheelchairs
- Manual
- Electrical
- Cane
- Crutches
- Mobility Scooters
- Lifts
- Others
By End User
- Homecare settings
- Hospitals & Nursing Homes
- Assisted Living Facilities
- Others
By Geography
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Mobility Devices Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
- Users Also Search For- personal mobility devices, bell mobility devices
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KEY QUESTIONS ANSWERED:
- What are the key technological and Mobility Devices Market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- Why Choose Fortune Business Insights?
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Mobility Devices Market growth?
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