Press release
2025-2034 Mobility Aids And Transportation Equipment Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Mobility Aids And Transportation Equipment
_x000D_
What Will the Mobility Aids And Transportation Equipment Industry Market Size Be by 2025?_x000D_
The market for mobility aids and transportation equipment has seen substantial growth in recent years. The market is projected to increase from $2.76 billion in 2024 to $2.99 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. Factors contributing to the growth during the historical period include an aging population, medical conditions and disabilities, rehabilitation and healthcare services, as well as legislation and accessibility initiatives._x000D_
_x000D_
What's the Long-Term Growth Forecast for the Mobility Aids And Transportation Equipment Market Size Through 2029?_x000D_
The market for mobility aids and transportation equipment is predicted to experience significant expansion in the upcoming years, escalating to a worth of $3.95 billion in 2029 with a compound annual growth rate (CAGR) of 7.2%. This growth throughout the forecast period can be credited to factors such as personalized mobility solutions, sophisticated materials and designs, telehealth, and remote consultations along with aging-in-place solutions. Key trends projected during this timeframe encompass smart mobility aids, cutting-edge transportation solutions, sustainable and eco-friendly aids, and robot-assisted mobility._x000D_
_x000D_
View the full report here: _x000D_
https://www.thebusinessresearchcompany.com/report/mobility-aids-and-transportation-equipment-global-market-report_x000D_
_x000D_
What Are the Key Growth Drivers Fueling the Mobility Aids And Transportation Equipment Market Expansion?_x000D_
The mobility aids and transportation equipment market is expected to gain momentum due to an increasing aging population. The elderly tend to develop illnesses associated with age, impacting their ability to move freely. Conditions like rheumatoid arthritis and osteoporosis are more prevalent among this demographic. As reported by the World Health Organization (WHO), there's predicted to be a twofold increase in the global elderly population by 2050, growing from 12% to 22%. This will significantly spur demand in the mobility aids and transportation equipment market._x000D_
_x000D_
Get your free sample here:_x000D_
https://www.thebusinessresearchcompany.com/sample.aspx?id=2421&type=smp_x000D_
_x000D_
What Are the Key Trends Driving Mobility Aids And Transportation Equipment Market Growth?_x000D_
In an effort to help individuals who struggle with walking or using public transportation, Japanese car manufacturers have unveiled a single-seat autonomous vehicle. The car can be operated using a smartphone or tablet - simply select a location on the map and the in-built pathfinding system will handle the rest. The car is equipped with a navigation system for direction, a gyro sensor to maintain stability on rough terrains, and 2D and 3D laser sensors to gauge the distance from objects. Furthermore, it features stereo cameras to identify obstacles. The vehicle is specifically designed to easily navigate through city roads, sidewalks, and footpaths. The incorporated sensors and guidance systems will enable the vehicle to avoid obstacles such as bumps, potholes, and pedestrians._x000D_
_x000D_
How Is the Mobility Aids And Transportation Equipment Market Segmented?_x000D_
The mobility aids and transportation equipment market covered in this report is segmented - _x000D_
_x000D_
1) By Type: Electrically Powered Wheelchairs, Manual Wheelchairs, Walking Aids, Mobility Scooters, Stretchers, Stair Lifts _x000D_
2) By Age Group: Mobility Aids for Children, Mobility Aids for Elderly_x000D_
3) By End User: Hospital, Clinic, Household_x000D_
_x000D_
Subsegments:_x000D_
1) By Electrically Powered Wheelchairs: Rear-wheel Drive, Front-wheel Drive, Mid-wheel Drive, Standing Wheelchairs _x000D_
2) By Manual Wheelchairs: Standard Manual Wheelchairs, Lightweight Manual Wheelchairs, Folding Manual Wheelchairs, Rigid Manual Wheelchairs _x000D_
3) By Walking Aids: Crutches, Canes, Walkers, Rollators _x000D_
4) By Mobility Scooters: Three-wheeled Mobility Scooters, Four-wheeled Mobility Scooters, Heavy-duty Mobility Scooters _x000D_
5) By Stretchers: Hydraulic Stretchers, Folding Stretchers, Emergency Stretchers, Bariatric Stretchers _x000D_
6) By Stair Lifts: Straight Stair Lifts, Curved Stair Lifts, Outdoor Stair Lifts, Platform Lifts _x000D_
_x000D_
Tailor your insights and customize the full report here:_x000D_
https://www.thebusinessresearchcompany.com/customise?id=2421&type=smp_x000D_
_x000D_
Which Companies Are Leading the Charge in Mobility Aids And Transportation Equipment Market Innovation?_x000D_
Major companies operating in the mobility aids and transportation equipment market include Medline Industries, Hoveround Corporation, Sunrise Medical LLC, OttoBock Healthcare GmbH, Stryker Corporation, GF Health Products Inc., Invacare Corporation, LEVO AG, Permobil AB, Hill-Rom Holdings Inc., Merivaara Corporation, UpLyft, Mobius Mobility, SitnStand, Authority Medical Group, Ease Seating Systems, Matia Mobility, National Seating & Mobility, Pride Mobility Products Corp., Drive Medical Design & Manufacturing, Quantum Rehab, 21st Century Scientific Inc., Ki Mobility, Colours Wheelchair, Motion Composites, Karman Healthcare, Merits Health Products Co. Ltd., Nova Medical Products, Active Mobility Systems, Convaid Products LLC, R82 Inc. _x000D_
_x000D_
Which Regions Are Leading the Global Mobility Aids And Transportation Equipment Market in Revenue?_x000D_
Asia-Pacific was the largest region in global mobility aids and transportation equipment market in 2023. North America was the second-largest region in global mobility aids and transportation equipment market. The regions covered in the mobility aids and transportation equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
_x000D_
Purchase the full report today:_x000D_
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2421_x000D_
_x000D_
"This Report Supports:_x000D_
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions._x000D_
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning._x000D_
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 2025-2034 Mobility Aids And Transportation Equipment Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights here
News-ID: 4150517 • Views: …
More Releases from The Business Research Company
Rail Transit Protective Coating Market Overview: Major Segments, Strategic Devel …
The rail transit protective coating sector is positioned for significant expansion in the coming years, driven by technological advancements and increasing infrastructure investments. This market is evolving rapidly as stakeholders prioritize durability, sustainability, and efficiency in rail transit systems. Let's explore the market's valuation projections, leading companies, emerging trends, and detailed segment analysis to get a clearer understanding of its future trajectory.
Expected Market Size and Growth Outlook for Rail Transit…
Analysis of Segments and Major Growth Areas in the Product Implementation Servic …
The product implementation services sector is on the verge of significant expansion, driven by evolving technology needs and increasing enterprise adoption of sophisticated systems. Understanding the current market size, key contributors, emerging trends, and segment breakdowns offers valuable insights into what lies ahead for this dynamic industry.
Market Size and Expected Growth Trajectory in the Product Implementation Services Market
The product implementation services market is projected to experience strong growth…
Key Strategic Developments and Emerging Changes Shaping the Polyvinylidene Fluor …
The polyvinylidene fluoride (PVDF) resin market is on track for significant expansion over the coming years. Driven by various technological advances and rising demands across multiple industries, this sector is expected to evolve rapidly. Let's explore the anticipated market growth, influential players, key trends, and detailed segmentation shaping the future of PVDF resin.
Projected Growth and Market Size of the Polyvinylidene Fluoride Resin Market
The PVDF resin market is forecasted…
Leading Companies Fueling Innovation and Growth in the Partyline Intercom System …
The partyline intercom systems market is gearing up for significant expansion as communication needs evolve across various industries. With increasing demand for more versatile and efficient communication tools, this sector is set to witness rapid advancements and growing adoption over the coming years. Let's explore the market size projections, key drivers, major players, emerging trends, and important segments shaping this dynamic industry.
Projected Market Size and Growth Trajectory of the Partyline…
More Releases for Mobility
Indianapolis Mobility Retailer Rebrands from Mobility Plus Indianapolis West to …
Mobility Indy Emerges as a Locally Owned, Independent Provider of Stair Lifts, Scooters, and Lift Chairs for Central Indiana
Indianapolis, IN - May 2, 2025 - A well-known provider of mobility equipment in Indiana is taking an exciting step forward. Mobility Plus Indianapolis West, a top-rated showroom serving the Indianapolis area, is rebranding as Mobility Indy [https://www.mobilityindy.com/] effective immediately. Though the name is changing, customers can continue to expect the same…
Marc's Mobility Expands Fast Mobility Scooter Collection
Marc's Mobility (provider of new and used mobility devices) highlights the expansion of its fast mobility scooter collection: https://marcsmobility.com/new-scooters/fast-mobility-scooters.html. This move aims to meet the growing demand for speed and convenience in personal transportation for people with limited mobility.
Enhanced Mobility Solutions
The expanded collection features a range of fast mobility scooters designed to offer users quick and efficient transportation. These scooters are equipped with powerful motors capable of reaching speeds up…
Mobility Scooters Market Is Booming Worldwide | TGA Mobility, KYMCO, Amigo Mobil …
The Latest published a market study on Worldwide Mobility Scooters Market provides an overview of the current market dynamics in the Worldwide Mobility Scooters space, as well as what our survey respondents all outsourcing decision-makers predict the market will look like in 2028. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some…
Vehicles for Disabled Market to 2027 - Leading Key Players Advanced Mobility, Br …
The demand for vehicles for disabled has witnessed a symbolic increase in recent years. The development in mobility solutions and the need for equality in terms of accessibility has attracted the attention of auto manufacturers. Also, the scenario in developing countries is changing, and increased investments in the healthcare infrastructure are visible. The rising per capita income is also enabling disabled people to switch to these solutions.
The vehicles for disabled…
Clinical Mobility Aids Market Astonishing Growth| Magic Mobility, Karma Mobility …
A latest study released by HTF MI on Global Clinical Mobility Aids Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Clinical Mobility Aids market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that…
Personal Mobility Devices Market 2025 - Carex Health Brands, Mobility+Designed, …
The Personal Mobility Devices Market report analyzes factors affecting Personal Mobility Devices Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the…
