Press release
Personal Mobility Devices Market to See Booming Growth 2021-2028 | Invacare Corporation, Pride Mobility Products Corporation, Drive Devilbiss Healthcare
Personal Mobility Devices Market
Personal mobility devices are meant to provide mobility to disabled people, such as motorized wheelchairs, especially for the elderly. These devices can be manual or battery-powered. They are also used by the disabled athletes who participate in Paralympics sports events. Therefore, there is an increasing demand for these devices worldwide.
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Drivers:
Furthermore, increasing rate of disability along with the growing geriatric population is expected to augment the growth of the global personal mobility devices market during the forecast period. According to the World Health Organization (WHO), South-East Asia had the second highest prevalence rate of moderate disability in 2013, around 16%, and the third highest prevalence rate of severe disability, around 12.9%.
Market players are focused on launching technologically advanced personal mobility devices to address critical needs of disabled people, which in turn is expected to fuel growth of the global personal mobility devices market. For example, in August 2017, Invacare Corporation announced the global launch of the Invacare TDX SP2 Power Wheelchair with LiNX Technology and Motion Concepts Ultra Low Maxx Positioning System. Moreover, in December 2016, Sunrise Medical launched the advanced power wheelchair, name Quickie QM-7 with SEDEO Ergo, which comes with a cutting-edge seating system and advanced suspension technology that creates an incredibly smooth experience on various terrains to offer utmost comfort in any position.
Restraints:
Lack of awareness among people regarding novel and technologically advanced devices and less number of rehabilitation centers is expected to impede the growth of the global personal mobility devices market.
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Key Operators:
Key players involved in the global personal mobility devices market are Yamaha Motor Co., Ltd, Spinergy, Alber GmbH, Klaxon Mobility GmbH, Triride Srl, R&E Stricker Reha-Entwicklungen GmbH, Ottobock Healthcare, Stannah International, Acorn Stairlifts, Permobil, Sunrise Medical, Drive Devilbiss Healthcare, Pride Mobility Products Corporation, and Invacare Corporation.
In December 2017, Permobil acquired MAX Mobility to expand its wheelchair offering by providing a motorized power assist solution to its users and to bridge the gap between power and manual wheelchairs.
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