Mobility Aids and Transportation Equipment Market to Reach USD 10.17 Billion by 2031, Growing at 6.2% CAGR | Invacare Corporation, Carex Health Brands, Inc., Kaye Products, Inc., Briggs Healthcare, Medline Industries

Mobility Aids and Transportation Equipment Market reached US$6.29 billion in 2023 and is expected to reach US$10.17 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031

The Mobility Aids and Transportation Equipment Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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Product launches & notable product rollouts (2025)

✅ LimeGlider - Lime's new seated electric scooter (trial / roll-out activity in 2025): aimed at increased comfort/accessibility vs. standing scooters; road trials reported Aug 2025.

✅ XYTE ONE - helmet-free three-wheeled electric scooter revealed for IAA Mobility 2025: German startup announced the XYTE ONE debut at IAA Mobility (2025) - notable for safety-focused design and three-wheel layout.

✅ Ather Energy launched a next-gen EL scooter platform (2025): confirmed as a significant product/platform launch that moved Ather's stock in 2025. (Relevant for urban micro-mobility / e-scooter market).

✅ Drive DeVilbiss - Torro Outdoor rollator (2025): new outdoor-focused rollator model promoted for mixed-terrain use (large pneumatic/PU tires, foldability).

✅ Michael Graves Design - Streamline Cane (launching Sept 2025): a mainstream-design walking cane (priced & scheduled for September 2025 launch), showing continued emphasis on dignified design in assistive devices.

Mobility Aids and Transportation Equipment Market Drivers:

Several key factors are accelerating growth in the mobility aids and transportation equipment market:

➠ Aging Population

Rising life expectancy worldwide has increased the number of elderly individuals requiring mobility assistance, boosting demand for wheelchairs, scooters, walkers, and transportation services.

➠ Rising Prevalence of Disabilities & Chronic Conditions

Conditions such as arthritis, osteoporosis, neurological disorders, and post-surgical rehabilitation needs are fueling the requirement for reliable mobility equipment.

➠ Technological Advancements

Integration of smart features, lightweight materials, electric-powered devices, and ergonomic designs is making mobility solutions more user-friendly and efficient, enhancing adoption rates.

➠ Government Policies & Accessibility Regulations

Initiatives promoting inclusivity, accessible infrastructure, and financial support programs for people with disabilities are strengthening market growth across developed and developing economies.

➠ Urbanization and Improved Healthcare Infrastructure

Expanding healthcare facilities, rehabilitation centers, and the modernization of urban transport systems are increasing access to mobility solutions, particularly in fast-developing countries.

➠ Awareness and Lifestyle Shifts

Growing awareness about independent living, coupled with rising income levels, is encouraging individuals to invest in mobility aids that improve quality of life and personal freedom.

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Market Geographical Share:

The demand for mobility aids and transportation equipment shows strong regional variation, influenced by aging demographics, healthcare infrastructure, and technological adoption:

North America holds a significant market share due to the high prevalence of mobility-related disorders, a growing elderly population, and widespread availability of advanced assistive technologies. Government support programs and insurance coverage for mobility solutions further enhance adoption.

Europe remains a strong market driven by supportive healthcare policies, accessibility regulations, and initiatives promoting independent living for people with disabilities. Countries such as Germany, the UK, and France are leading contributors.

Asia-Pacific is witnessing the fastest growth, propelled by a rapidly aging population in Japan and China, rising healthcare investments, and increasing awareness of assistive technologies. Expanding urban infrastructure also drives demand for accessible public and private transportation solutions.

Latin America shows gradual adoption, supported by growing healthcare modernization and awareness campaigns, particularly in Brazil and Mexico. However, affordability remains a challenge in some areas.

Middle East & Africa are emerging markets where growing healthcare reforms and international collaborations are fostering gradual improvements in access to mobility solutions, though adoption remains limited compared to developed regions.

Strategic Players Driving the Mobility Aids and Transportation Equipment Market: Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Carex Health Brands, Inc., Kaye Products, Inc., Briggs Healthcare, Medline Industries, Inc., NOVA Medical Products, Performance Health, and Rollz International.

Research Methodology:

The global Mobility Aids and Transportation Equipment Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

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Segment Covered in the Mobility Aids and Transportation Equipment Market:

By Products (Wheelchairs, Stretchers, Walking Aids, Motility Scooters, Stairlift, Others)

By Age Group (Mobility Aids for Children, Mobility Aids for Elderly)

By End User (Hospitals, Ambulatory Surgery Centres, Homecare setting)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Mobility Aids and Transportation Equipment Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Mobility Aids and Transportation Equipment Market Research Industry:

➠ Who leads the Mobility Aids and Transportation Equipment industry and what's their competitive positioning regarding capacity, performance, and profitability?

➠ What growth opportunities and market challenges do Mobility Aids and Transportation Equipment market vendors face?

➠ Which segments show the highest growth potential and market share distribution?

➠ What factors are driving or limiting Mobility Aids and Transportation Equipment market growth?

➠ What are the dominant sales and distribution strategies in the Mobility Aids and Transportation Equipment industry?

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