Personal Mobility Devices Market Size, Share, And Growth Report 2032

Personal Mobility Devices Market Size

The global Personal Mobility Devices market size was worth around USD 13.09 billion in 2023 and is predicted to grow to around USD 22.54 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.23% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Personal Mobility Devices market on a global and regional level.

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Personal Mobility Devices Market: Overview

Personal mobility devices play a major role in advanced healthcare, as they contribute to the mobility of people with disabilities and improve independent living. The devices are very useful for athletes with disabilities to participate in sporting events like the Paralympic World Cup and others.

The increasing geriatric population, increasing age-related disease prevalence, the presence of improved healthcare infrastructure, high healthcare expenditure, rising disposable income, favorable purchase reimbursement policies, as well as rental services, are among the key factors for the largest share of the revenue is also predicted that favorable government initiatives will improve the market over the prediction period.

An increasing number of falls, road accidents, spinal cord injuries, meningitis, and workplace disability cases is a major factor driving the growth of the global market for personal mobility devices.

According to the Centers for Disease Control and Prevention (CDC) 2016, one in seven adults in the United States are suffering from a mobility disability. Similarly, according to the 2018 World Health Organization (WHO) fact sheet, road accidents cause around 20 to 50 million injuries annually worldwide. Furthermore, product approval and product launches by key players are expected to drive consumer demand.

Sunrise Medical (US) LLC, for example, launched a new QUICKIE Q700 M SEDEO ERGO, an advanced mid-wheel drive wheelchair, in September 2018. Likewise, Permobil AB launched its My Permobil consumer app in March 2018. The new app attaches to wheelchairs and allows the user to display critical information about the state of their chair, such as battery charging and distance travel.

Additionally, the report includes the study of opportunities available in the Personal Mobility Devices market on a global level. In order to give the users of this report a comprehensive view of the Personal Mobility Devices market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market.

The study encompasses a market attractiveness analysis, wherein Type, end user, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.

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Personal Mobility Devices Market: Segmentation

The study provides a decisive view of the Personal Mobility Devices market by segmenting the market based on Type, end user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on Type, the market is segmented into wheelchairs, Scooters, Handbikes, Walkers, Stair-lifts, Power Add products, and Others. Wheelchairs were the largest segment in 2023. A wheelchair is one of the most commonly used aids in personal mobility. The United Nations provides adequate legislation to require the Member States to support the development, manufacture, distribution, and operation of these mobility devices. Providing suitable wheelchairs enhances mobility and quality of life, reducing common problems such as the progression of deformities and pressure sores, and improving digestion and respiration.

Based on the end-user segment, the market is bifurcated into Hospitals & Clinics, Ambulatory Surgical Centers, Urgent Care centers, Home Care settings, and Others.

Personal Mobility Devices Market: Report Scope

Personal Mobility Devices Market: Regional Analysis

The geographical segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the personal mobility devices market.

Key Market Players & Competitive Landscape:

Key players within the global Personal Mobility Devices market include:

• TOPRO
• Briggs Healthcare
• Carex Health Brand Incorporation
• Drive Medical Design & Manufacturing
• Electric Mobility
• Eurovema AB
• Graham-Field Health Products Incorporation
• Invacare
• Kaye Products
• Nova
• Patterson Medical
• Pride Mobility
• Sunrise Medical

The report segments the global Personal Mobility Devices market as follows:

Global Personal Mobility Devices Market: Type Segment Analysis

• Wheelchair
• Scooters
• Handbikes
• Walkers
• Stair-lifts
• Power Add-on products
• Others

Global Personal Mobility Devices Market: End-user Segment Analysis

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Urgent Care Center
• Home Care Setting
• Others

Global Personal Mobility Devices Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa