Global Personal Mobility Devices Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024
In order to study the various trends and patterns prevailing in the overall market for Personal Mobility Devices, Market Research Reports Search Engine (MRRSE) has included a new report titled “Personal Mobility Devices Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.To Get PDF for more Professional and Technical insights Visit @ https://www.mrrse.com/sample/1527
The vendor landscape for the global personal mobility devices market features a moderate level of competition, with the top three companies, namely Invacare Corporation, Sunrise Medical LLC, and Hill-Rom Holdings, Inc., collectively accounting for nearly 36% of the overall market in 2015. With pressure rising from global consumers for economical products, the price rivalry among leading players has substantially increased in the recent times, observes MRRSE in a recent report. Price wars are likely to become intense among companies as focus on cost-sensitive emerging markets has increased in the recent times.
According to the report, the market is likely to expand at a promising 7.30% CAGR over the period between 2015 and 2023, rising from a revenue valuation of US$6.65 bn in 2014 to US$12.7 bn by 2023.
North America to Continue to Account for a Large Piece of Revenue Pie
Of the key device types in the market, the segment of medical mobility aids and ambulatory devices dominated the global market in 2015. The segment is also expected to retain its top spot over the report’s forecast period, surging at a promising 8.5% CAGR over the period between 2015 and 2023. Geographically, the market has conventionally acquired a substantial share in its revenue from developed regions such as North America and Europe. The market in North America accounted for over 41% of the global market in 2014 and is likely to retain its leadership, thanks to innumerous policies and adequate facilities across organizations and public spaces for people with disabilities.
Rise in Employment Rate of People with Disabilities to Bode Well for Market Growth
Owing to the fact that aging often leads to conditions associated with bone density and mobility, consequently leading to the need for assistive and personal mobility devices, the mounting global geriatric population has been ascribed as one of the leading drivers for the global personal mobility devices. As long-term caregiving from families continues to become a rarity, the environment has become highly encouraging to the positive expansion of the global personal mobility devices.
The rise in the number of policies that delay the official age of retirement is also expected to have a positive implication on the market. With such policies being implemented on a global level, organizations will be required to put in place proper facilities for elderly. This will, in turn, lead to an increase in the demand for personal mobility devices in the near future. Moreover, the vast rise in the employment rate of people with disabilities across the globe is also likely to augur well for the market.
Geographically, the global personal mobility devices market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each regional market has been further segmented into major countries contributing to the personal mobility devices market. The study further offers recommendations for the personal mobility devices market, which would be useful for existing and new players to sustain and grow in the market.
The personal mobility devices market report concludes with the company profiles section that includes key information in terms of company overview, financial information, product portfolio, business strategies, and recent development about the major players operating in the personal mobility devices market. Key players in the global personal mobility devices market include Amigo Mobility International, Inc., Argo Medical, ArjoHuntleigh, Drive Medical, GF Health Products, Inc., Hill-Rom Holdings, Inc., Invacare Corporation, Ottobock Healthcare, Patterson Companies, Inc., Stryker Corporation, Permobil AB, Pride Mobility Products Corporation, and Sunrise Medical LLC.
Complete Report with Tables and Figures now available at @ https://www.mrrse.com/personal-mobility-devices-market
The global personal mobility devices market has been segmented as follows:
Global Personal Mobility Devices Market, by Devices
Medical Mobility Aids and Ambulatory Devices
Wheelchairs
Manual Wheelchairs
Electric Wheelchairs
Mobility Scooters
Boot Scooter
Midsize Scooter
Road Scooter
Canes
Folding Canes
Quad Canes
Offset Canes
Crutches
Axillary Crutches
Elbow Crutches
Forearm Crutches
Walkers
Standard Walkers
Knee Walkers
Rollators
By Medical Furniture and Bathroom Safety Products
Patient Lifts
Manual Lifts
Power Lifts
Stand Up Lifts
Heavy Duty Lifts
Overhead Track Lifts
Stair Lifts
Indoor Stair Lifts
Outdoor Stair Lifts
Medical Beds
Electric Beds
Manual Beds
Stretchers
Low Beds
Water Beds
Bars and Railings
Commodes and Showers
About MRRSE
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Personal Mobility Devices Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024 here
News-ID: 1024836 • Views: …
More Releases from MRRSE
Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision.
Get Brochure of The Report @ https://www.mrrse.com/sample/3234
Chapter 01 – Executive Summary
The…
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision.
Chapter 01 – Executive Summary
The report commences with the executive summary of the…
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and…
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement.
This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also…
More Releases for Lifts
Hydraulic Lifts Market Global Outlook 2020-2026: Autoquip, ShoreMaster, Rotary L …
The Global Hydraulic Lifts Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Top leading…
Aerial Work Platform (AWP) Truck Market Growth By Product (Boom Lifts, Scissor L …
In this report Innovation Market Research offers a comprehensive analysis of key market trends in the global Aerial Work Platform (AWP) Truck market. It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. The report extensively provides quantitative analysis of the industry from 2014-2026,by Region, Type, Application. Consumption assessment by application, production by type in different regions.
Request PDF…
Automotive Lifts Market by Region - North America, Latin America, Europe, Japan, …
Currently, the global automotive backdrop reflects a high volume growth in the sales of vehicles, and the coming decades may witness the number of vehicles in use to surpass the global population estimates. This uncontrollable growth will redirect pressure on automakers, garages and tire vendors with respect to limited work spaces. Few years down the line, almost every garage and automotive manufacturing unit will be equipped with automotive lifts that…
Stair Lifts Market By Rail Type (Curved Stair Lifts, Straight Stair Lifts, Platf …
Industry Outlook and Trend Analysis
The Stair Lifts Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Stair lift, normally utilized in healthcare facilities or home care settings, are mechanized seats which keep running along a rail or track and are fueled by batteries or current so they can work even at times of power cuts. Stair lifts for…
Automotive Light Duty Lifts Market SWOT Analysis by Key Players: Presto Lifts, L …
A automotive body lift is a modification where spacers are installed between a vehicle's body and chassis in order to increase the ride height.
Light duty lift means that this kind lift is designed to carry fairly light loads.
The Automotive Light Duty Lifts market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast…
Floating Boat Lifts Market Research Report Global Forecast 2018-25 Estimated wit …
UpMarketResearch published an exclusive report on “Floating Boat Lifts market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 93 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Floating Boat Lifts market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.…