Travel Mobility Scooter Market Top Keyplayers Merits Health Products, Pride Mobility Products, Afikim Electric Vehicles, Invacare, Sunrise Medical, Roma Medical, Drive Medical, Golden Technologies, Hoveround Corp, Quingo, TGA Mobility, Electric Mobility
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Increasing incidence of chronic rheumatic conditions is one of the major factors resulting in rising demand for travel mobility scooters
Chronic rheumatic disease is a condition in which people suffer from joint diseases, physical disability, spinal disorders, and conditions resulting from trauma. People suffering from rheumatic arthritis have problem in their joints, which can worsen with growing age leading to pain and limiting the function of joints. A travel mobility scooter is a perfect aid for people suffering from this condition. In the recent past, the number of people suffering from chronic rheumatic diseases has increased.
Travel Mobility Scooter Market: Regional Insights
North America is the largest market in terms of revenue for travel mobility scooter in 2017, owing to increasing health issues such as disabilities, musculoskeletal diseases, arthritis, and rheumatic diseases, and increasing geriatric population. For instance, according to a 2017 report by the Arthritis Foundation, between 2013 and 2015, around 54.4 million adults in the U.S. (22.7% of all adults) were diagnosed with arthritis. Furthermore, the Arthritis Foundation had estimated this count is expected to increase to around 78.4 million adults (25.9 % of all adults) by 2040.
Asia Pacific is expected to exhibit high growth in the global travel mobility scooter market, owing to increasing population of senior citizens. For instance, according to July 7, 2017 review report by the United Nation, Asia Pacific region displayed a rapid demographic aging. The review highlighted the fact that in 2017, the number of citizens aged 60 years and above in the region was around 576 million and is expected to increase to around 872 million by 2030 and around 1.3 billion by 2050.
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Travel Mobility Scooter Market: Competitive Landscape
Some of the key players operating in the global travel mobility scooter market include Merits Health Products, Pride Mobility Products, Afikim Electric Vehicles, Invacare, Sunrise Medical, Roma Medical, Drive Medical, Golden Technologies, Hoveround Corp, Quingo, TGA Mobility, Electric Mobility, Van Os Medical, Kymco, Amigo Mobility, and Vermeiren.
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