Global mobility aid medical devices market is expected to grow at a steady rate during the forecast period, 2024-2028. Mobility aid medical devices assist the elderly and disabled people in moving around. Rapid technological advancements in the development of mobility aid medical devices are the key factor responsible for its market growth. The demand for these devices is growing significantly among the aged population as they need care, safety and ease in move and transfer, both in hospitals and homecare setups. Various initiatives are taken by the governments to increase awareness about the use of mobility aid medical devices among the population and various healthcare enterprises. Besides, improving healthcare infrastructure is also a major reason for the growth in demand of these devices.
In addition, assistive technologies help in reducing difficulties in performing day-to-day activities for old and disabled population. Therefore, technological advancements and new product launches by the key players operating in the market are anticipated to create lucrative growth opportunities over the next few years.
The global mobility aid medical devices market is segmented into type, end user, company, and region. Based on type, wheelchair is expected to hold the most dominant share during forecast period. Provision of wheelchair enhances the mobility and quality of life and reduces common problems such as pressure sores as well as helps in improving digestion and respiration.
Regionally, North America is expected to dominate the market during forecast period. This is attributed to the presence of well-established healthcare infrastructure along with the government initiatives regarding the awareness of mobility aid medical devices. Besides, the growing adoption of advanced technologies and increasing spending for the development of new products in the region, are the reasons for the growth in market share of the region.
Major players operating in the global mobility aid medical devices market include
Objective of the Study
- To analyze and estimate the market size of global mobility aid medical devices market from 2018 to 2021.
- To estimate and forecast the market size of global mobility aid medical devices market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast global mobility aid medical devices market based on type, material, function, price range, company and regional distribution.
- To identify dominant region or segment in the global mobility aid medical devices market.
- To identify drivers and challenges for global mobility aid medical devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global mobility aid medical devices market.
- To identify and analyze the profile of leading players operating in global mobility aid medical devices market.
- To identify key sustainable strategies adopted by market players in global mobility aid medical devices market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the service providers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Mobility aid medical devices manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to mobility aid medical devices
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · End User · Region |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Germany, Australia, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia; |
| Key companies profiled | GF Health Products, Inc., Invacare Corporation, Pride Mobility Products Corporation, Sunrise Medical Limited, OttoBock Healthcare GmbH, Permobil AB, Drive Medical Ltd., Levo AG, Karman Healthcare Inc., and Meyra Wihelm Meyer GmbH & Co Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
