Personal Mobility Devices Market Overview Along with Competitive Landscape Company Profiles with Product Details and Competitors and Forecast 2027 at a CAGR of 6.7%.

The Global Personal Mobility Devices Market was valued at USD 7400.7 Million in 2018 and is anticipated to reach USD 12426.0 million by the year 2027, at a CAGR of 6.7%. A personal mobility device is a vehicle that is designed to be used by one person, has one or more wheels that operate on a single axis, and is propelled by an electric motor attached to the vehicle or by human power or both.

In market segmentation by manufacturers, the report covers the following companies:- TOPRO, Carex Health Brand Incorporation, Drive Medical Design & Manufacturing, Invacare, Sunrise Medical, Pride Mobility, Kaye Products, Electric Mobility, Briggs Healthcare, and Patterson Medical and Others.

Due to the high cost of personal mobility devices, manufacturers are encouraged to finance R&D initiatives for the development of new-age devices, and health insurance companies have been resolving the price-rise crisis with favorable reimbursement plans. Furthermore, governments of different nations are focusing on initiatives to create awareness regarding personal mobility devices. For instance, in August 2015, The Government of India made an effort to transform 5,000 public places in India to be disabled-friendly by July 2019.

Get Access to Report Sample by clicking here @https://www.reportsanddata.com/sample-enquiry-form/2279

The sites include all airports, major railway stations, and 4,000 key buildings, which in turn is expected to favor the growth of the personal mobility devices market. Also, European Union implemented the European Disability Strategy 2010-2020 (EDS) in 2010, to complement national efforts with a European-wide framework. The European Disability Strategy's main aim is to allow people with disabilities to have the right to participate equally and fully in the society and economy.

This report covers the recent COVID-19 incidence and its impact on Personal Mobility Devices Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

As social ideologies like workplace equality penetrate in developed as well as developing countries, the popularity of wheelchairs and crutches is markedly mounting and attracting more capital towards the personal mobility devices market. Besides, the susceptibility of the geriatric population to motion control disorders is opening up lucrative prospects for personal mobility devices. However, high purchasing and maintenance cost of the equipment are expected to impede the market growth of Personal mobility devices industry.

Segments covered in the report
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2020 to 2027. For the purpose of this study, Reports and Data have segmented the Personal Mobility Devices market on the basis of product type, end use and region:

Product Type Outlook (Revenue in Million USD; 2020-2027)
Wheel chairs
Scooters
Hand Bikes
Walking aids
Stair lifts
Power Addon products
Other walking aids

To buy this report at unbelievable discounts, visit @https://www.reportsanddata.com/discount-enquiry-form/2279

Medical Furniture and Bathroom Safety Products (Revenue in Million USD; 2020-2027)
Patient Lifts
Stair Lifts
Medical Beds
Bars and Railings
Commodes and Showers

End Use Outlook (Revenue in Million USD; 2020-2027)
Hospitals and Clinics
Ambulatory Surgical Centers
Urgent Care Center
Home Care setting
Others

Regional Outlook (Revenue in Million USD; 2020-2027)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Further key findings from the report suggest:-

Several homes or office modifications are made to facilitate navigation within a building or in other areas where there are changes in surface heights. These include ramps, stairlifts, and handrails. Access ramps are essential as some people with walkers, canes, and crutches find that ramps provide easier access than steps.

Stairlifts are devices that move people and wheelchairs up and downstairs, either through the floor or along the staircase. Handrails are unique devices that are fitted in many restrooms and by entrances to provide support and stability to people with mobility issues.

Modern technology is enabling access to some of the coolest personal mobility devices ever to hit the personal mobility devices market. While they are not common now, these impressive advancements are anticipated to be the next big thing, minimizing the use of cars and public transport not only for a greener world but also to look super cool navigating the streets. For instance, in September 2018, Sunrise Medical (US) LLC launched new QUICKIE Q700 M SEDEO ERGO, an advanced mid-wheel drive power wheelchair.

Acton Rocket Skates, Yuneec E-Go, Self-Balancing Hoverboards, EcoReco Electric Scooter, Ninebot One are the five topmost modern mobile devices that are trending among the youth and are set for tremendous growth in the coming years

To buy this report on the Personal Mobility Devices Market, click here @https://www.reportsanddata.com/checkout-form/2279

The Personal Mobility Devices Market Research/Analysis Report addresses the following questions:

Which Manufacturing Technologies are prevalent in the production of High Temperature Electrical Insulating Film? What are the Recent Developments relating to that technology? Which Trends are responsible for these developments?

Who are the leading vendors in the Global Personal Mobility Devices Market? What are their individual market standing and contact information?

What is the current industrial scenario of the Global Personal Mobility Devices Market? What were the Value, Volume, Production Capacity, Cost, and Profit Margin of the overall market?

What is the outcome of the competitive analysis on the Personal Mobility Devices Market both in terms of companies and regions? What is the market assessment for the Personal Mobility Devices Market as per the market segmented into types and applications?

What are the predictions for the Global Personal Mobility Devices Market in terms of capacity, production, and production value? What is the estimated cost and profit that the market will garner in the forecast period? What are the speculated market share and rates of production and consumption? What is the import/export status of the market?

What is the outcome of the value chain analysis of the Personal Mobility Devices Market in terms of upstream and downstream industries?

Which economic factors are expected to impact the future of the Personal Mobility Devices Market? What are the existing micro- and macro-economic elements influencing the industry? What are the development trends visible in the current economic setting?

What is the Market Dynamics of the Personal Mobility Devices Market? What are the emerging threats and prospects in the market?

What are the optimum strategies that companies should implement? What are the most lucrative countermeasures that will allow readers to capitalize on the economic conditions and distribution channels?

Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies @ https://www.reportsanddata.com/report-detail/personal-mobility-devices-market

In conclusion, the Personal Mobility Devices Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

Contact Us:

John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com
News: www.reportsanddata.com/market-news
Connect with us: Facebook | LinkedIn | Twitter
40 Wall St. 28th floor New York City, NY 10005 United States

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

This release was published on openPR.