Mobility Scooter Market | 2021 Global Industry Forecast To 2026, is latest report on Global Mobility Scooter Industry, published by Fortune Business Insights. Report provides comprehensive information on Global Mobility Scooter Market and Impact of Covid-19 on Healthcare Industry. According to report Global market value of Mobility Scooter is to hit USD 1.85 billion value by 2026 at CAGR of 6.9%. Report segments Mobility Scooter Market By Wheels (3 Wheels, 4 Wheels, and Others) End-user (Personal Use and Institutional Use) and Regional Forecast, 2020-2027
Major Mobility Scooter manufacturers are studied in this report for better understanding of global market scenario:
- Invacare Corporation
- Excel Mobility
- Pride Mobility Products Corp.
- Medical Depot, Inc.
- Golden Technologies
- Afikim Electric Vehicles
- Amigo Mobility International
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The global mobility scooters market size is expected to gain momentum by reaching USD 1.85 billion while exhibiting a CAGR of 6.9% between 2020 and 2027. This is attributable to the growing focus on developing innovative mobility scooters and the increasing prevalence of neurological disorders across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Mobility Scooters Market Size, Share & Industry Analysis, By Wheels (3 Wheels, 4 Wheels, and Others) End-user (Personal Use and Institutional Use) and Regional Forecast, 2020-2027.” The report further mentions that the market stood at USD 1.30 billion in 2019.
Economic Slowdown amid COVID-19 Affecting Spending Power on Medical Products
The novel coronavirus has led to unprecedented economic loss owing to shutdown of several industrial applications. The healthcare industry is experiencing a significant shrinkage of the economy due to halting of several medical processes that include major surgeries and orthopedic treatments. This has led to the decrease in sales of medical products across the globe that is restraining the market growth in the forthcoming years.
Mobility scooters are type of electric vehicles that offer mobility solutions to people suffering from disability. These scooters are extensively adopted by geriatric people to improve balance and impaired strength. Owing to their several benefits that include significantly improving the quality of life, these scooters witness surging demand across the globe.
The global pandemic, COVID-19, has led to severe repercussion owing to its widespread effects across several economies. Several industries are facing unprecedented losses owing to the lockdown announced by several governments across the globe that has resulted in the complete shutdown of the businesses. The crippling economy, however, is being revived through collective efforts from the government as well as the industries and is expected to bounce back in the coming years.
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Mobility Scooter Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Mobility Scooter Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
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Competitive And Regional Analysis:
This report focuses on Mobility Scooter Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report.
North America to Remain Dominant; Increasing Presence of Geriatric Population to Augment Growth
Among all the regions, North America stood at USD 562.3 million in 2019 and is expected to hold the highest position in the global mobility scooters in the forthcoming years. This is attributable to the increasing prevalence of the aging population and the presence of established players in the region.
On the other hand, Europe is anticipated to hold the second position in the market in the forthcoming years. This is ascribable to factors such as the surging demand for mobility scooters for people with disability in the region between 2020 and 2027.
Mobility Scooter Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
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Key questions answered in the report:
- What are the opportunities & challenges for new entrants?
- Who are the prominent vendors present in the global market?
- Which segment would provide the most opportunity for market growth?
- Where will the current developments take the industry in the long term?
Table of Content:
1 Mobility Scooter Market Overview
1.1 Mobility Scooter Product Overview
1.2 Mobility Scooter Market Segment by Type
1.3 Global Mobility Scooter Market Size by Type (2015-2026)
1.3.1 Mobility Scooter Global Market Size Overview by Type (2015-2026)
1.3.2 Global Mobility Scooter Historic Market Size Review by Type (2015-2021)
1.3.2.1 Mobility Scooter Sales Global Market Share Breakdown by Type (2015-2026)
1.3.2.2 Mobility Scooter Global Market Share Breakdown by Type (2015-2026)
1.3.2.3 Global Mobility Scooter Average Selling Price (ASP) by Type (2015-2026)
1.3.3 Mobility Scooter Market Size Forecast by Type (2021-2026)
1.3.3.1 Global Mobility Scooter Sales Market Share Breakdown by Application (2021-2026)
1.3.3.2 Global Mobility Scooter Revenue Market Share Breakdown by Application (2021-2026)
1.3.3.3 Global Mobility Scooter Average Selling Price (ASP) by Application (2021-2026)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Mobility Scooter Sales Breakdown by Type (2015-2026)
1.4.2 Europe Mobility Scooter Sales Breakdown by Type (2015-2026)
1.4.3 Asia-Pacific Mobility Scooter Sales Breakdown by Type (2015-2026)
1.4.4 Latin America Mobility Scooter Sales Breakdown by Type (2015-2026)
1.4.5 Middle East and Africa Mobility Scooter Sales Breakdown by Type (2015-2026)
2 Global Mobility Scooter Market Competition by Company
2.1 Global Top Players by Mobility Scooter Sales (2015-2021)
2.2 Global Top Players by Mobility Scooter Revenue (2015-2021)
2.3 Global Top Players Mobility Scooter Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Mobility Scooter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Mobility Scooter Market Competitive Situation and Trends
2.5.1 Mobility Scooter Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Mobility Scooter Sales and Revenue in 2019
2.6 Global Mobility Scooter Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Mobility Scooter as of 2019)
2.7 Date of Key Company Enter into Mobility Scooter Market
2.8 Key Company Mobility Scooter Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Mobility Scooter Status and Outlook by Region (2015-2026)
3.1 Global Mobility Scooter Market Size and CAGR by Region: 2015 VS 2021 VS 2026
3.2 Global Mobility Scooter Market Size Market Share by Region (2015-2021)
3.2.1 Global Mobility Scooter Sales Market Share by Region (2015-2021)
3.2.2 Global Mobility Scooter Revenue Market Share by Region (2015-2021)
3.2.3 Global Mobility Scooter Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Mobility Scooter Market Size Market Share by Region (2021-2026)
3.3.1 Global Mobility Scooter Sales Market Share by Region (2021-2026)
3.3.2 Global Mobility Scooter Revenue Market Share by Region (2021-2026)
3.3.3 Global Mobility Scooter Sales, Revenue, Price and Gross Margin (2021-2026)
3.4 North America Mobility Scooter Market Size By Growth (2015-2026)
3.4.1 North America Mobility Scooter Revenue By Growth (2015-2026)
3.4.2 North America Mobility Scooter Sales By Growth (2015-2026)
3.5 Asia-Pacific Mobility Scooter Market Size By Growth (2015-2026)
3.5.1 Asia-Pacific Mobility Scooter Revenue By Growth (2015-2026)
3.5.2 Asia-Pacific Mobility Scooter Sales By Growth (2015-2026)
3.6 Europe Mobility Scooter Market Size By Growth (2015-2026)
3.6.1 Europe Mobility Scooter Revenue By Growth (2015-2026)
3.6.2 Europe Mobility Scooter Sales By Growth (2015-2026)
3.7 Latin America Mobility Scooter Market Size By Growth (2015-2026)
3.7.1 Latin America Mobility Scooter Revenue By Growth (2015-2026)
3.7.2 Latin America Mobility Scooter Sales By Growth (2015-2026)
3.8 Middle East and Africa Mobility Scooter Market Size By Growth (2015-2026)
3.8.1 Middle East and Africa Mobility Scooter Revenue By Growth (2015-2026)
3.8.2 Middle East and Africa Mobility Scooter Sales By Growth (2015-2026)
4 Global Mobility Scooter by Application
4.1 Mobility Scooter Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Mobility Scooter Sales by Application: 2015 VS 2021 VS 2026
4.3 Global Mobility Scooter Historic Sales by Application (2015-2021)
4.4 Global Mobility Scooter Forecasted Sales by Application (2021-2026)
4.5 Key Regions Mobility Scooter Market Size by Application
4.5.1 North America Mobility Scooter by Application
4.5.2 Europe Mobility Scooter by Application
4.5.3 Asia-Pacific Mobility Scooter by Application
4.5.4 Latin America Mobility Scooter by Application
4.5.5 Middle East and Africa Mobility Scooter by Application
5 North America Mobility Scooter Market Size by Country (2015-2026)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America Mobility Scooter Sales Market Share by Country (2015-2021)
5.1.2 North America Mobility Scooter Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2026)
5.2.1 North America Mobility Scooter Sales Market Share by Country (2021-2026)
5.2.2 North America Mobility Scooter Revenue Market Share by Country (2021-2026)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Mobility Scooter Market Size By Growth (2015-2026)
5.3.2 Canada Mobility Scooter Market Size By Growth (2015-2026)
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