Personal Mobility Devices Market Future Development Status And Forecast By 2028

Precision Business Insights published a research report on “Global Personal Mobility Devices Market: By Devices (Wheelchairs, Walkers, Mobility Scooters, Crutches, Canes), By Product (Medical Beds, Patient Lifts, Stair Lifts, Others), By End User (Clinics, Hospitals, Others), and Geography- Global/Region/Country Forecast to 2028”. The global personal mobility devices market size was valued at USD 7,504.7 million in the year 2021 and anticipated to grow at USD 13,461.6 million till 2028 witnessing CAGR rate of 6.9% during the forthcoming years 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Personal Mobility Devices Market: By Devices (Wheelchairs, Walkers, Mobility Scooters, Crutches, Canes), By Product (Medical Beds, Patient Lifts, Stair Lifts, Others), By End User (Clinics, Hospitals, Others), and Geography- Global/Region/Country Forecast to 2027"

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Growing Demand for Personal Mobility Devices is Fuelling the Global Personal Mobility Devices Market
Global personal mobility devices market provides historical, latest and future market sizes on the basis of region, devices, product and distribution channel. This market report on personal mobility devices aims at providing complete viewpoint around the region making special focus on major regions including Asia Pacific, Africa, North America, Europe, Latin America and Asia pacific. Personal mobility devices ease individual human transportation. These devices are known as the assistive devices, which include bicycles, powered wheelchairs, unicycles and scooters. These devices greatly assist patients to easily move from one place to other. It is helpful especially for physically challenged patients and patients going through arthritis.

There are several factors that greatly contribute towards fuelling the personal mobility devices market such as increasing health problems and growing ageing population. The worldwide ageing population is projected to increase from 7% in 2000 to 16% in 2050 as per the details provided by World Health Organization (WHO). Growing demand for personal mobility devices is also propelling the market growth. On the other hand, personal mobility devices cost high, which is restricting the market growth. Another market hindering factor is strict government rules.

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Regional Analysis - Global Personal Mobility Devices Market
On the basis of regional analysis, global personal mobility devices market is categorized into leading regions such as Asia Pacific, Latin America, North America, Middle East, Africa and Europe. North America personal mobility devices market is witnessing growth because of the increasing arthritis cases in the region. Arthritis affects 54.4 million US adults, more than 1 of 4 according to Centers for Disease Control Prevention (CDC). It becomes a major reason of work disability in the U.S. and the most widespread chronic condition in the nation. Another factor fuelling the market growth in the region is increase in the utilization of personal mobility devices. Growing adoption of the personal mobility devices is the major factor anticipated to impel the Asia Pacific and Europe personal mobility devices market over the assessment time period. Increase in patient numbers also contribute towards boosting the market growth in both the regions

Competitive Analysis - Global Personal Mobility Devices Market
A few of the major players operating in the global personal mobility devices market are ArjoHuntleigh, Graham-Field Health Products Incorporated, Hill-Rom Holdings, Inc. and Amigo Mobility International, Inc.

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