Personal Mobility Devices Market - Global Forecast to 2026, by Product Type (Wheelchair, Scooters, Handbikes, Walkers, Stair-lifts, Power Add On Products, and Others), by End User (Hospitals & Clinics, Ambulatory Surgical Centers, Urgent Care Center, Home Care Setting, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast 2018 - 2026
- Report code : CMI41662 |
- Industry :
Medical Devices
- Published On : Jul 2019 |
- Pages : 256 Pages |
- Format :
Global Personal Mobility Devices Market – An Aid for Disabled People
Personal mobility devices play a major role in advanced healthcare, as it aid in mobility of the disabled people and enhance the independent living. The devices are of great use for disabled athletes for participation in sports events such as Paralympic World Cup and others.
The global personal mobility devices market size was valued at US$ 7,818.5 million in 2017, and is expected to exhibit a CAGR of 6.7% over the forecast period (2018 – 2026).
Figure 1. Global Personal Mobility Devices Market Value (US$ Mn), by Region, 2017
Source: Coherent Market Insights Analysis (2019)
Rising disability cases, owing to growing geriatric population, increasing number of road accidents, spinal cord injuries, meningitis, and workplace injuries are the leading factors expected to propel growth of the global personal mobility devices market.
Increasing disability cases is expected to drive the global personal mobility devices market growth. According to 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 according to the same source. Similarly, according to the World Population Prospects in 2017, global population aged over 60 years was 962 million, which is expected to reach around 2.1 billion by 2050. Globally, population aged 60 years and above is increasing faster than all younger age groups. This group of population is highly susceptible to different types of age-related diseases such as diabetes, renal insufficiency and arthritis, metabolic change, Parkinson's disease, organ failures, and nervous disorders.
Moreover, increasing product development and focus on addressing issues faced by wheelchair users, by manufacturers, is expected to propel growth of the market over the forecast period. For instance, Sunrise Medical (US) LLC launched advanced power wheelchair in 2016. The wheelchair, designed by Sunrise Medical (US) LLC, is assembled with a suspension and has advanced seating system, which supports complex seating and positioning needs. Furthermore, this chair has electronic features and user control.
However, lack of awareness about advanced personal mobility devices and unavailability of service centers is expected to hinder the market growth. Low access to rehabilitation centers in emerging economies is mainly found due to lack of proper transportation service for the people with disabilities. Moreover, the number of rehabilitation centers is very low in emerging countries, which causes disabled people to travel for long distance to receive appropriate treatment.
Figure 2. Global Personal Mobility Devices Market Share (%), by End User, 2018 and 2026
Source: Coherent Market Insights Analysis (2019)
Rising geriatric population and increasing patient population with lower limb impairment or disability in the North America are expected to bolster the market growth
North America holds dominant position in the global personal mobility devices market, owing to the increasing geriatric population and growing patient population with limb impairment or disability. According to Centers for Disease Control and Prevention Report 2015, around 1.9 million people in the U.S. were living with limb loss due to diabetes, vascular diseases, infection, trauma, and cancer. Furthermore, as per Disabled World Journal Report 2013, there were around 6.8 million people in the U.S. who required assistive device for mobility, of which around 1.7 million people used wheelchair for mobility purpose.
Moreover, launch of products, investment, and acquisition strategies by market players is expected to propel growth of the personal mobility devices market. For instance, in August 2017, Invacare Corporation announced the launch of Invacare TDX SP2 Power Wheelchair with LiNX Technology and Motion Concepts Ultra Low Maxx Positioning System. The TDX SP2 Power Wheelchair is the new offering in North America and the company planned to manufacture the product at the Taylor Street manufacturing facility in Ohio, U.S.
Key Players
Major players operating in the global personal mobility devices market include Invacare Corporation, Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Sunrise Medical (US) LLC, Permobil, Acorn Stairlifts Inc., Stannah International, Ottobock Healthcare, R&E Stricker Reha-Entwicklungen GmbH, Triride Srl, Klaxon Mobility GmbH, Alber GmbH, Spinergy, Inc., and Yamaha Motor Co., Ltd.
A personal mobility device is designed for a single person. These devices can be manual or powered by battery and also can be used with other accessories for travelling and independent living. The personal mobility devices are also used for participation in Paralympics sports events by the disabled athletes, so various models of these devices are developed for different games.
Market Dynamics
Rising number of disability cases due to falls, road accidents, spinal cord injuries, meningitis, and workplace is a major factor driving global personal mobility devices market growth. According to Centers for Disease Control and Prevention (CDC) 2016, 1 in 7 adults suffer from mobility disability in the U.S. Similarly, according to the World Health Organization (WHO) factsheet 2018, road accidents cause around 20 to 50 million injuries annually around the world.
Furthermore, product approval and product launch by key players for catering the consumers demand is expected to drive the market growth. For instance, in September 2018, Sunrise Medical (US) LLC launched new QUICKIE Q700 M SEDEO ERGO, an advanced mid-wheel drive power wheelchair. Similarly, in March 2018, Permobil AB launched its My Permobil consumer app. This new app connects with wheelchair and enables the user to view critical information about their chair's status such as battery charge and travel distance.
Key features of the study:
- This report provides in-depth analysis of the personal mobility devices market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices 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 key players
- It profiles key players in the personal mobility devices market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Invacare Corporation, Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Sunrise Medical (US) LLC, Permobil, Acorn Stairlifts Inc., Stannah International, Ottobock Healthcare, R&E Stricker Reha-Entwicklungen GmbH, Triride srl, Klaxon Mobility GmbH, Alber GmbH, Spinergy, Inc., and Yamaha Motor Co., Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
- The global personal mobility devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global personal mobility devices market
Detailed Segmentation:
- Global Personal Mobility Devices Market, By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- Global Personal Mobility Devices Market, By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Homecare Setting
- Others
- Global Personal Mobility Devices Market, By Region:
- North America
- By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- By Country:
- U.S.
- Canada
- Latin America
- By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- By Country/Region:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- Wheelchair
- Scooters
- Handbikes
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Stair-lifts
- Power Add On Products
- Others
- By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Urgent Care Center
- Home Care Setting
- Others
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Invacare Corporation *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- Pride Mobility Products Corporation
- Drive Devilbiss Healthcare
- Sunrise Medical (US) LLC
- Permobil
- Acorn Stairlifts Inc.
- Stannah International
- Ottobock Healthcare
- R&E Stricker Reha-Entwicklungen GmbH
- Triride srl
- Klaxon Mobility GmbH
- Alber GmbH
- Spinergy, Inc.
- Yamaha Motor Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- 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
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Technological Developments
- Recent Product launches
- Awareness Initiatives
- PEST Analysis
- Porter’s Analysis
- Epidemiology
- Market Trends
- Global Personal Mobility Devices Market, By Product Type, 2018 – 2026, (US$ Mn)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Wheelchair
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Scooters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Handbikes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Electric handbikes
- Manual handbikes
- Hybrid handbikes
- Walkers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Stair-lifts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Power Add On Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Global Personal Mobility Devices Market, By End User, 2018 – 2026, (US$ Mn)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Urgent Care Center
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Home Care Setting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
- Global Personal Mobility Devices Market, By Region, 2018 – 2026, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016 – 2026, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016 – 2026, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Invacare Corporation
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Pride Mobility Products Corporation
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Drive Devilbiss Healthcare
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Sunrise Medical (US) LLC
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Permobil
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Acorn Stairlifts Inc.
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Stannah International
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Ottobock Healthcare
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- R&E Stricker Reha-Entwicklungen GmbH
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Triride srl
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Klaxon Mobility GmbH
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Alber GmbH
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Spinergy, Inc.
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Yamaha Motor Co., Ltd.
- Company Overview
- Product Type Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 36 market data tables and 29 figures on "Personal Mobility Devices Market - Global forecast to 2026”.
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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