Mobility Devices Market 2026 Size, Share, Growth, Regional Trends, And Top Key Companies | MEYRA GmbH, Sunrise Medical Limited, GF HEALTH PRODUCTS, INC. and More

The global "mobility devices" market size is projected to reach USD 14.86 billion by 2026, exhibiting a CAGR of 6.9% during the forecast period. Staggering rate of growth of geriatric population across the globe will be one of the crucial factors driving this market in the upcoming decade. Old age entails a plethora of disorders that generally restrict mobility in aged individuals and render them helpless. Given the rate at which the world population is ageing, the demand for devices aiding mobility is likely to spike. According the UN's Population Division, DESA, people at or above 60 years of age are currently numbered at 962 million. In the next three decades, the global geriatric population will reach 2.1 billion, predicts the DESA. Furthermore, old people are more susceptible to accidents associated deteriorating motor functions. For instance, the National Council of Aging estimates about 2.8 million aged Americans are rushed to hospital emergency rooms annually as a result of falling. Thus, a combination of aging and mishaps associated with the process will fuel the mobility devices market trends during the forecast period.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/mobility-devices-market-100520

Key Players Operating in The Mobility Devices Market Include:

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:

o MEYRA GmbH
o Permobil
o Sunrise Medical Limited
o Invacare Corporation
o GF HEALTH PRODUCTS, INC.
o 21st Century Scientific, Inc.
o Pride Mobility Products Corp.
o Ottobock

Objective of Studies:

o To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market.
o To provide insights about factors affecting the market growth. To analyse the mobility devices market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
o To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global mobility devices market
o To provide country level analysis of the market with respect to the current mobility devices market size and future prospective.
o To provide country level analysis of the market for segment by application, product type and sub-segments.
o To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
o To track and analyse competitive developments such as joint ventures, strategic alliances, new product developments, and research and developments in the global mobility devices market

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/mobility-devices-market-100520

North America to Lead the Pack; Europe to Follow Closely

Among regions, North America is set to dominate the mobility devices market share owing to the rising prevalence mobility-related disorders in the region. Coupled with this is the increasing number of aged people in the region, which will propel the regional market. Europe is anticipated to be the second most dominant region in this market on account of high proportion of aged people with mobility impairment. Asia-Pacific is touted to be the most promising region as geriatric population in the region is growing, while unmet needs of the people in Latin America, the Middle East, and Africa will create lucrative market opportunities.

Growing Aging Population and Rise in Mobility Impairment Disorders to Drive the Market

The older population around the globe is continuously growing at an unprecedented rate. Aging decreases the ability to move and reduces the ability to perform physical tasks to maintain independent functioning among the elderly population. The growing older population count is likely to increase the percentage usage of mobile devices during the forecast period. According to the World Health Organization (WHO), in 2017, the global population aged 60 years or over was around 962 million and is projected to reach about 2.1 billion by 2050. Rising prevalence of chronic conditions such as arthritis, cerebral palsy, and muscular dystrophy among every age group is expected to increase the demand for highly advanced mobility aid devices during the forecast period.

Have Any Query? Ask Our Research Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/mobility-devices-market-100520

Detailed Table of Content:

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Number of people with Mobility Impairment using Mobility Devices- by Key Country/Region
4.2. Key Industry Developments (Mergers, Acquisitions, Partnerships, New Product Launches, etc.
4.3. The Regulatory Scenario for key Countries/Region
4.4. Technological Advancements in Mobility Devices
5. Global Mobility Devices Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast - By Product
5.2.1. Wheelchairs
5.2.1.1. By Type
5.2.1.1.1. Manual
5.2.1.1.2. Powered
5.2.1.2. By Application
5.2.1.2.1. Standard Wheelchairs
5.2.1.2.2. Bariatric Wheelchairs
5.2.1.2.3. Sports Wheelchairs
5.2.1.2.4. Others
5.2.2. Mobility Scooters
5.2.2.1. By Wheel
5.2.2.1.1. 3 Wheels
5.2.2.1.2. 4 wheels
5.2.2.1.3. Others
5.2.3. Walking Aids
5.2.4. Others
5.3. Market Analysis, Insights and Forecast - By End User
5.3.1. Personal User
5.3.2. Institutional User
5.4. Market Analysis, Insights and Forecast - By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America
5.4.5. Middle East & Africa
6. North America Mobility Devices Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis - By Product
6.2.1. Wheelchairs
6.2.1.1. By Type
6.2.1.1.1. Manual
6.2.1.1.2. Powered
6.2.1.2. By Application
6.2.1.2.1. Standard Wheelchairs
6.2.1.2.2. Bariatric Wheelchairs
6.2.1.2.3. Sports Wheelchairs
6.2.1.2.4. Others
6.2.2. Mobility Scooters
6.2.2.1. By Wheel
6.2.2.1.1. 3 Wheels
6.2.2.1.2. 4 wheels
6.2.2.1.3. Others
6.2.3. Walking Aids
6.2.4. Others
6.3. Market Analysis - By End User
6.3.1. Personal User
6.3.2. Institutional User
6.4. Market Analysis - By Country
6.4.1. U.S.
6.4.2. Canada
TOC Continued....

Reasons to Purchase this Report:

o Comprehensive analysis of the Mobility Devices Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Linkedin | Twitter | BLogs

This release was published on openPR.