Growing geriatric population fueling the Personal Mobility Device Market

DataM Intelligence 14 June, 2019
Tallinn, Estonia
DataM Intelligence’s latest market report titled ‘Global Personal Mobility Device Market– Size, Share and Forecast (2019-2026)’ reflects the size, scope, industry dynamics, major firms and future trends in this market.

Global Personal Mobility Device Market Dynamics

According to Population Reference Bureau in 2018, 16% of the world population are aged above 65 and it is anticipated to reach 27% in case of developed nations. According to World Health Organization, every year approximately 1.35 million people die as a result of a road traffic crash and between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability as a result of their injury.
Source- https://www.datamintelligence.com/research-report/personal-mobility-device-market

Global Personal Mobility Device Market Segmentation

Based on the device type, personal mobility device market is segmented into walking aids, wheelchairs and scooters. Wheelchair segment accounted for the highest market share in 2018, and expected to remain dominant over the forecast period.

According to Eurostat Statistics in 2019, for every 100 men aged between 15- 64 in Europe 1.9 men have sitting or standing disability and 3.4 men have walking disability. Hence with increasing number of walking disability, the demand for walking aids is increasing globally.

Global Personal Mobility Device Market Geographical Share

The global personal mobility device market is segmented into North America, Europe, Asia Pacific, South America and rest of the world.
Europe is dominating the global personal mobility market due to the presence of more number of geriatric population.

North America has the second largest market share in global personal mobility device market. According to Centers for Disease Control and Prevention, in 2018, 61 million adults in the United States live with a disability
Asia Pacific, South America and Middle East and Africa regions are estimated to witness significant growth due to occurrence of road accidents, workplace accidents and increasing number of geriatric population.

Global Personal Mobility Device Market Competition

The market is highly fragmented in nature with participants such as TOPRO, Carex Health Brand Incorporation, Drive Medical Design & Manufacturing, Invacare, Sunrise Medical, Pride mobility

On Janury 15, 2019, Hoobox launches first wheelchair controlled by facial expressions.
On August 12, 2018, QIQ announces partnership with TPR Invest to Launch 5,000 Electric Shared Personal Vehicles across Vietnam.

To know more, feel free to download a sample from the following portal -
https://www.datamintelligence.com/research-report/personal-mobility-device-market

The research report covers the following topics-
1. Global Personal Mobility Device Market Methodology and Scope
2. Global Personal Mobility Device Market – Market Definition and Overview
3. Global Personal Mobility Device Market – Executive Summary
4. Global Personal Mobility Device Market – Market Dynamics
5. Global Personal Mobility Device Market – Industry Analysis
6. Global Personal Mobility Device Market – by Product Type
7. Global Personal Mobility Device Market – By End User
8. Global Personal Mobility Device Market – By Region
9. Global Personal Mobility Device Market – Competitive Landscape
10.Company Profiles
11.Global Personal Mobility Device Market – Premium Insights

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DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

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This release was published on openPR.