Press release
Government Grants Drive The Global Mobility Scooters Market
The report, titled “Global Mobility Scooters Market 2017-2021” provides a thorough peek into the historical market performance, current trends, and future prospects.Mobility scooters, mostly used by people with limited mobility such as the elderly and those with disabilities or medical conditions, are electrically powered scooters. They are fast supplanting the traditionally used mobility aids that include manual and powered wheelchairs, rollators, and rehab chairs. Mobility scooters typically have three or four wheels, but the latest versions in the market also have a 5-wheel layout. The fifth wheel is placed between the two front wheels and aids in bettering kerb handling. Mobility scooters can be used both indoors and outdoors.
The report studies the mobility scooters powered by electricity through battery packs. It finds that government grants and schemes are the primary growth drivers in the global market for mobility scooters. Besides, demand for cutting-edge products, relatively lower price of mobility scooters, a burgeoning geriatric population, and rising instances of road injuries have also been providing a fillip to the market.
Some of the noticeable trends in the global market for mobility scooters are the increased sales through online and second-hand markets and the increasing popularity of 5-wheel mobility scooters. Countering the growth in the market is the misuse of mobility scooters by those sans disabilities. Further, dearth of appropriate rules and problems in controlling mobility scooters is also damping their demand.
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Having thrown light on the different growth drivers and restraints, the report goes on to segment the market based on different parameters and studies each segment in details. Depending upon the types of scooters, for example, it classifies the market into mid-type scooters, road scooters, and boot type scooters. Boot scooters, among them, dominates the market with maximum share. This is because they are comparatively cheaper on account of the low-power battery that they use, can be easily folded or disassembled, and can be carried inside and outside a car boot with the help of a ramp. Based on the number of wheels, the report segments the market into 3-wheeler, 4-wheeler, and 5-wheeler. Of these, the 4-wheeler mobility scooters account of a leading position.
Geographically, the key segments of the market are the Americas, Asia Pacific, and Europe, Middle East, and Africa. The Americas outshines all other regions in terms of market share and going forward too is predicted to retain its dominant share. Factors facilitating stellar growth in the region are an increasing elderly population, early adoption of better technologies, especially in the U.S. and Canada.
Some of the key players in the global mobility scooters market profiled in the report are Drive Medical, Quingo, Pride Mobility Products, and Invacare.
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