New Jersey, United Kingdom, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Personal Mobility Devices Market By Product (Wheelchairs, Scooters, & Others), By End-User (Personal & Institutional), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” in its research database
“According to the latest research study, the demand of global Personal Mobility Devices Market size & share expected to reach to USD 18.3 Billion by 2026 from USD 11.9 Billion in 2020, at a compound annual growth rate (CAGR) of 6.8% during the forecast period 2021 to 2026”
What are Personal Mobility Devices? Report Overview & Coverage:
Personal mobility devices or personal transporters are devices that belong to a class of equipment that are often motorized for the sole purpose of transporting human beings from one place to another at speeds that do not exceed 25 km/hr. These devices include electric skateboards, kick scooters, self-balancing unicycles, and electric segways to name a few. Personal mobility devices often function on small volume-based two-stroke engines while the latest versions of devices use vehicle battery and motor-controller technologies.
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(The free sample of this report is readily available on request).
Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 216+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- Drive DeVilbiss Healthcare
- GF Health Products Inc.
- Invacare Corporation
- Carex Health Brands Inc.
- Kaye Products Inc.
- Briggs Healthcare
- Medline Industries Inc.
- NOVA Medical Products
- Performance Health
- Rollz International
- Ottobock
- Sunrise Medical Limited
- Permobil
Key questions answered in this report:
- What is the projected market size & growth rate of the Personal Mobility Devices Market?
- What are the key driving factors for the growth of the Personal Mobility Devices Market?
- What are the top companies operative in the Personal Mobility Devices Market?
- What segments are covered in the Personal Mobility Devices Market?
- How can I get free sample reports/company profiles of the Personal Mobility Devices Market?
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/personal-mobility-devices-market-report
Market Growth Drivers
The primary drivers for the global personal mobility devices market are focused upon contributing factors such as the rising number target population, rising product line, and an increasing number of accidents causing disabilities-related disorders to name a few. Additionally, growth in the geriatric population coupled with a surge among chronic diseases such as cerebral palsy and arthritis will increase the footprint of the global personal mobility devices market to a larger extent during the advent of the forecast period. Moreover, factors such as long-lasting and continuous usage of mobility-based devices alongside an increasing number of reimbursement policies will fuel the growth of the global personal mobility devices market during the advent of the forecast period.
The global personal mobility devices market is driven by the introduction of transfer lifts, mobility scooters, and automated rollators coupled with a rising number of proactive steps and policies for safeguarding consumers’ interest to name a few. Factors such as the rise of spinal cord injuries coupled with an increasing number of the older population will boost the growth of the global personal mobility devices market during the advent of the forecast period. However, a higher cost of product and low consumer awareness is expected to decrease the growth of the global personal mobility devices market during the advent of the forecast period.
Global Personal Mobility Devices Market: Report Scope
Report Attribute | Details |
Market Size 2020 Value | USD 11.9 Billion |
Market Forecast for 2026 | USD 18.3 Billion |
Expected CAGR Growth | CAGR 6.8% from 2021-2026 |
Base Year | 2020 |
Forecast Year | 2021-2026 |
Top Market Players | Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Carex Health Brands, Inc., Kaye Products, Inc., and Others |
Segments Covered | Product, End-User, and Region |
Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
Market Segmentation
The global personal mobility devices market is segmented into product, end-users, and region.
On the basis of product, the global personal mobility devices market is divided into wheelchairs, scooters, and others. The segment pertaining to wheelchairs is expected to witness the largest market share during the advent of the forecast period owing to the rising number of accidental and innate mobility-based deformities coupled with increasing demand for indoor and outdoor-based devices to name a few. Additionally, rising availability and accessibility measures pertaining to wheelchairs coupled with increasing disposable income among users will further cement the growth of the latter segment to a high market share. Based on end-user, the global personal mobility devices market is bifurcated into personal and institutional. The segment pertaining to personalized usage is expected to occupy the largest market share during the advent of the forecast period owing to rising incidences of arthritis and development of earlier disabilities among children to name a few. Moreover, rapid usage of mobile devices coupled with increased demand for customized medical devices will cement the dominant market position of the latter segment during the forecast period.
Also Read, Press Release on Global Personal Mobility Devices Market Size & Share, 2021-2026
Regional Dominance:
North America is expected to witness the largest market share during the advent of the forecast period owing to the rising number of patients being diagnosed with mobility-based disorders coupled with the rising number of geriatric population to name a few. Additionally, the rising number of key market players in the region coupled with favorable reimbursement policies by policies brokers will increase the footprint of the personal mobility devices market during the advent of the forecast period. Europe is expected to witness a substantial market share during the forecast period owing to the rising patient population with mobility disabilities coupled with the presence of well-established healthcare infrastructure to name a few. Moreover, the increased population in terms of age-associated diseases coupled with rising healthcare spending among the government bodies will boost the growth of the personal mobility devices market during the forecast period to a larger boundary.
Browse the full “Personal Mobility Devices Market By Product (Wheelchairs, Scooters, & Others), By End-User (Personal & Institutional), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026" report at https://www.fnfresearch.com/personal-mobility-devices-market-report
This report segments the personal mobility devices market as follows:
Global Personal Mobility Devices Market: By Product Segment Analysis
- Wheelchairs
- By Type
- Manual
- Powered
- By Application
- Standard
- Bariatric
- Sports
- By Type
- Scooters
- By Wheels
- 3 Wheels
- 4 Wheels
- Others
- By Wheels
- Others
Global Personal Mobility Devices Market: By End-User Segment Analysis
- Personal
- Institutional
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