Global 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 Region (North America, Europe, Latin America, Middle East, Asia Pacific, Africa) is estimated to be valued at US$ 7,821.2 million in 2017 and is projected to exhibit a CAGR of 7.6% over the forecast period (2017 - 2025) as highlighted in a new report published by Coherent Market Insights. Technological advancement in the personal mobility devices by market players coupled with rising initiatives by government are the major factors driving growth of the global personal mobility devices market over the forecast period.
Personal mobility devices are used for mobility purpose by patients suffering from disability. Therefore, with increasing prevalence of disability demand for personal mobility devices is increasing. To cater to the increasing demand, manufactures are focusing on new product launches. For instance, in 2017, Invacare Corporation launched its latest TDX SP2 Power Wheelchair with LiNX Technology, which aids providers and therapists to fine-tune the wheelchair’s speed, torque, and veer in real time using a smartphone, tablet, or PC. Furthermore, in August 2017, Invacare Corporation launched its new MyLiNX mobile application that was designed for easier usage of the power wheelchair.
Furthermore, Japanese startup Whill’s, Next Generation Wheelchair received FDA clearance in 2016. FDA clearance allows physicians to prescribe Model M as a medical device.
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.
Browse 25 Market Data Tables and 31 Figures spread through 179 Pages and in-depth TOC on " 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 Region (North America, Europe, Latin America, Middle East, Asia Pacific, Africa) - Global Forecast to 2025"
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Moreover, governments of various countries are focusing on initiatives to create awareness regarding personal mobility devices. For instance, in August 2015, The Government of India has taken initiative to transform 5,000 public places in India to be disabled friendly by July 2019. Places include all airports, major railway stations, and 4,000 key buildings, which in turn is expected to favor growth of the personal mobility devices market.
Key takeaways of the Personal Mobility Devices Market:
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