Personal Mobility Devices Market, By Product Type (Wheelchair, Scooters, Canes, Crutches, Walkers, Stair-lifts and Others), By End User (Hospital & Clinics, Ambulatory Surgical Centers, Urgent Care Center, Home Care Setting, and Others), and By Geography - Global Forecast to 2025
- Report code : CMI41662 |
- Industry :
Medical Devices
- Published On : May 2018 |
- Pages : 179 Pages |
- Format :
Personal Mobility Devices Market - Global Industry Insights
Personal mobility devices include wheelchairs, scooters, bicycles, and unicycles. Most of these devices are used by disabled people, who have restricted mobility. A personal mobility device is designed for use by single person. These devices can be manual or powered by battery. Increasing number of geriatric population is expected to favor growth of the personal mobility device market. According to data published by National Institute on Aging in 2010, it was estimated that 524 million people were aged 65 years or older that is 8% of the world's population and by 2050, it is expected to nearly triple and reach 1.5 billion, representing 16% of the world's population. This above statistics is expected favor growth of personal mobility devices market.
Common problems faced by geriatric population include instances of falling, due to vertigo or dizziness, chronic diseases. According to World Health Organization (WHO), falls are the second leading cause of accident or unintentional injury, which leads to death of people worldwide, whereas adults aged above 65 years suffer the greatest number of fatal falls. Additionally, in 2014, around 27,000 older adults died because of falls; 2.8 million were treated in emergency departments for fall-related injuries, and around 800,000 of these patients were subsequently hospitalized, according to Centers for Disease and Prevention (CDC) in the U.S. Owing to these factors, demand for personal mobility devices is increasing and this is expected to aid in growth of the market.
The personal mobility devices market is estimated to be valued at US$ 7,821.2 Mn in 2017 and is expected to witness a robust CAGR of 7.6% during the forecast period (2017-2025).
Personal Mobility Devices Market Share (%), By Product Type: 2017 & 2025
Source: Coherent Market Insights (2018)
Rising number of disability cases along with growing geriatric population is expected to foster growth of the personal mobility devices market
Rising number of disability cases, due to various factors such as increasing number of road accidents, spinal cord injuries, meningitis, and workplace injuries are expected to favor demand for wheelchairs over the forecast period. According to World Health Organization (WHO), around 10% people among overall disabled people globally, require personal mobility devices for their daily activities and physical movement.
As per the Centers for Disease Control and Prevention (CDC), in 2013, over 53 million people in the U.S. were suffering from some form of disability. Furthermore, the most common type of disability found was mobility disability, which was around 1 in 8 adults among all disabled cases in 2015, as stated by CDC. Moreover, CDC also stated that in the U.S. there are around 39.6 million people aged 18 years and above are suffering from some physical functioning disability and this number is expected to grow in the near future. According to stats published by the Council for Disability Awareness (CDA), in 2013, in the U.S. 1 in 4 children under 20 years are expected to become disabled before they retire, due to various factors such as excess body weight, chronic disease for example, diabetes, high blood pressure, and back pain.
Favorable government policies and supportive initiatives by various organizations also aids in growth of the personal mobility devices market
Favorable government initiatives and initiatives by non-profit organizations such as WHO and International Society of Wheelchair Professionals (ISWP), to increase awareness among people is expected to support growth of the market in the near future. ISWP’s mission is to serve as an international resource for wheelchair and provide education through programs. According to ISWP, across the globe, over 100 million people are in need of wheelchairs and most people lack access to appropriate wheelchairs and services to repair the wheelchairs. ISWP is focusing on reducing this demand and supply gap, and also to fulfill the need of wheelchair users through their camp and social activities.
Furthermore, Motivation Brockley Academy, a U.K.-based academy that works for providing wheelchair in developed as well as in emerging countries such as India and Sri Lanka announced plans to double their network in India; provide over 4,000 wheelchairs; develop professional wheelchair service centers at hospitals in Delhi, Mumbai, and Chennai; develop and mentor current wheelchair service network; by end of 2018. It has also announced plans to develop a specialist unit in Sri Lanka to provide healthcare and rehabilitation to people with spinal cord injuries and health education program with minimum 600 children in Sri Lanka.
Also, Free Wheelchair Mission, a non-profit organization, is engaged in providing wheelchairs to the needy, who cannot afford it. Also, the organization is continuously focusing on expansion. As of June 2014, the organization has distributed wheelchairs in around 91 countries and among these, top five countries include India, China, Vietnam, Peru, and Chile.
Key players in the market include Invacare Corporation, Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Sunrise Medical (US) LLC, Permobil, Stannah International, Acorn Stairlifts Inc., and Ottobock Healthcare.
Personal mobility devices are used by permanent or temporary disabled people for mobility purpose. Personal mobility devices are available in the market are wheelchair, walkers, canes, crutches, scooters, stair-lifts and others. Furthermore, advancement in personal mobility devices is expected to foster growth of the market. For instance, the evolution of wheelchair from manual to electric wheelchair to stair-lifts has aided in increasing adoption of these devices leading to growth of the market.
Market Dynamics
The global personal mobility devices market is projected to witness significant growth over the forecast period, owing to advancements in technology. For instance, Japanese startup, Whill’s, Next Generation Wheelchair received FDA clearance in 2016. FDA clearance allows physicians to prescribe Model M as a medical device.
Furthermore, increasing prevalence of disability among geriatric population is expected to drive growth of personal mobility devices market. For instance, according to the stats published by the Council for Disability Awareness (CDA), in 2013, 1 in 4 children below the age of 20 years in the U.S. was disabled, due to various factors such as excess body weight, and chronic diseases such as diabetes, high blood pressure, and back pain.
Governments in emerging economies such as India and China are focusing on initiatives to bring awareness among disabled people about wheelchairs integrated with advanced technology and are also offering wheelchairs at discounted prices. For instance, the Government of India, under their Department of Empowerment of Persons with Disabilities provided assistance to disabled people for purchasing / fitting of aids (ADIP scheme) under which they distributed wheelchairs to children between the age of 16 and 18 years by offering subsidy of US$ 389.12 per child in 2015.
.Key features of the study:
- This report provides in-depth analysis of the personal mobility devices market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%) for the forecast period: 2017 – 2025, considering 2016 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global personal mobility devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key companies covered as a part of this study include Invacare Corporation, Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Sunrise Medical (US) LLC, Permobil, Stannah International, Acorn Stairlifts Inc., and Ottobock Healthcare.
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics.
- The global personal mobility devices market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for personal mobility devices market, research and consulting firms, new entrants, and financial analysts.
Detailed Segmentation:
- Global Personal Mobility Devices Market, By Product Type:
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- Global Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- Global Personal Mobility Devices Market, By Region:
- North America
- North America Personal Mobility Devices Market, By Product Type
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- North America Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- North America Personal Mobility Devices Market, By Countries
- U.S.
- Canada
- North America Personal Mobility Devices Market, By Product Type
- Europe
- Europe Personal Mobility Devices Market, By Product Type
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- Europe Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- Europe Personal Mobility Devices Market, By Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Europe Personal Mobility Devices Market, By Product Type
- Asia Pacific
- Asia Pacific Personal Mobility Devices Market, By Product Type
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- Asia Pacific Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- Asia Pacific Personal Mobility Devices Market, By Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Asia Pacific Personal Mobility Devices Market, By Product Type
- Latin America
- Latin America Personal Mobility Devices Market, By Product Type
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- Latin America Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- Latin America Personal Mobility Devices Market, By Countries
- Brazil
- Mexico
- Rest of Latin America
- Latin America Personal Mobility Devices Market, By Product Type
- Middle East
- Middle East Personal Mobility Devices Market, By Product Type
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- Middle East Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- Middle East Personal Mobility Devices Market, By Countries
- GCC
- Israel
- Rest of Middle East
- Middle East Personal Mobility Devices Market, By Product Type
- Africa
- Africa Personal Mobility Devices Market, By Product Type
- Wheelchair
- Scooters
- Canes
- Crutches
- Walkers
- Stair-lifts
- Others
- Africa Personal Mobility Devices Market, By End User:
- Hospital & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- Africa Personal Mobility Devices Market, By Countries
- North Africa
- Central Africa
- South Africa
- Africa Personal Mobility Devices Market, By Product Type
- North America
- Company Profiles
- Invacare Corporation*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Pride Mobility Products Corporation
- Drive Devilbiss Healthcare
- Sunrise Medical (US) LLC
- Permobil
- Stannah International
- Acorn Stairlifts Inc.
- Ottobock Healthcare
- Invacare Corporation*
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Market Definition and Scope
- Report Description
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Device Evolution
- Leading Cause of Disability
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Technological Advancements
- Recent product launches
- Awareness initiatives
- PEST Analysis
- PORTER’s Analysis
- Epidemiology
- Global Personal Mobility Devices, By Product Type, 2015–2025, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2025 (%)
- Y-o-Y Growth Analysis, 2016–2025
- Segment Trends
- Wheelchair
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Scooter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Canes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Crutches
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Walkers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Stair-lift
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Introduction
- Global Personal Mobility Devices, By End User, 2015–2025, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2025 (%)
- Introduction
- Y-o-Y Growth Analysis, 2016–2025
- Segment Trends
- Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Urgent Care Center
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Homecare Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Global Personal Mobility Devices, By Region, 2015–2025, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2017 and 2025 (%)
- Y-o-Y Growth Analysis, By Region, 2015–2025
- Regional Trends
- North America
- Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- Market Size and Forecast, By Countries, 2015–2025, (US$ Million)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- Market Size and Forecast, By Countries, 2015–2025, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Latin America
- Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- Market Size and Forecast, By Countries, 2015–2025, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Asia Pacific
- Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- China
- India
- Japan
- Australia
- ASEAN
- South Korea
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- Market Size and Forecast, By Countries, 2015–2025, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
- Market Size and Forecast, By End User, 2015–2025, (US$ Million)
- Market Size and Forecast, By Countries, 2015–2025, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Competitive Landscape
- Company Profiles
- Invacare Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Pride Mobility Products Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Drive Devilbiss Healthcare
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Sunrise Medical (US) LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Permobil
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Stannah International
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Acorn Stairlifts Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Ottobock Healthcare
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Invacare Corporation
- Analyst Views
- Company Profiles
- Section
- References
- Research Methodology
- About Us and Sales Contact
*Browse 25 market data tables and 31 figures on "Personal Mobility Devices - Global forecast to 2025”.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
- National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
- Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
- Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
- Trade association, National and international media and trade press.
- Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
- Scientific journals, and other technical magazines and whitepapers.
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Data Standardization:
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
- Micro-economic indicators
- Macro-economic indicators
- Environmental indicators
- Socio-political indicators
- Technology indicators
Data Processing
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
Data Validation
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
- It provides first-hand information on the market dynamics, outlook, and growth parameters.
- Industry experts validates the estimates which helps the company to cement the on-going research study.
- Primary research includes online surveys, face-to face interviews, and telephonic interviews.
The primary research is conducted with the ecosystem players including, but not limited to:
- Raw Material Suppliers
- Manufacturers
- System Integrators
- Distributors
- End-users
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