Personal Mobility Devices Market

Personal Mobility Devices Market Future Forecast
2018-2026: Major Players Invacare Corporation,
Pride Mobility Products Corporation
Personal mobility devices include wheelchairs, scooters, bicycles, and unicycles. Most of these
devices are used by disabled people, who have restricted mobility. A personal mobility device is
designed for use by single person. These devices can be manual or powered by battery.
Increasing number of geriatric population is expected to favor growth of the personal mobility
device market. According to data published by National Institute on Aging in 2010, it was
estimated that 524 million people were aged 65 years or older that is 8% of the world's
population and by 2050, it is expected to nearly triple and reach 1.5 billion, representing 16%
of the world's population. This above statistics is expected favor growth of personal mobility
devices market.
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The personal mobility devices market is estimated to be valued at US$ 7,821.2 Mn in 2017 and
is expected to witness a robust CAGR of 7.6% during the forecast period (2017-2025).
Market Dynamics
The global personal mobility devices market is projected to witness significant growth over the
forecast period, owing to advancements in technology. For instance, Japanese startup, Whill’s,
Next Generation Wheelchair received FDA clearance in 2016. FDA clearance allows physicians to
prescribe Model M as a medical device.
Rising number of disability cases along with growing geriatric population is expected to foster
growth of the personal mobility devices market
Rising number of disability cases, due to various factors such as increasing number of road
accidents, spinal cord injuries, meningitis, and workplace injuries are expected to favor demand
for wheelchairs over the forecast period. According to World Health Organization (WHO),
around 10% people among overall disabled people globally, require personal mobility devices
for their daily activities and physical movement.
As per the 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 in 2015, as stated by CDC. Moreover, CDC also stated that in the U.S. there are around
39.6 million people aged 18 years and above are suffering from some physical functioning
disability and this number is expected to grow in the near future. According to stats published
by the Council for Disability Awareness (CDA), in 2013, in the U.S. 1 in 4 children under 20
years are expected to become disabled before they retire, due to various factors such as excess
body weight, chronic disease for example, diabetes, high blood pressure, and back pain.
Report includes chapters which deeply display the following deliverable about industry :
• Personal Mobility Devices Market Research Objective and Assumption
• Personal Mobility Devices Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Personal Mobility Devices Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Personal Mobility Devices Market, By Regions
• Personal Mobility Devices Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Personal Mobility Devices Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Personal Mobility Devices Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Personal Mobility Devices Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
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Key players in the market include Invacare Corporation, Pride Mobility Products Corporation,
Drive Devilbiss Healthcare, Sunrise Medical (US) LLC, Permobil, Stannah International, Acorn
Stairlifts Inc., and Ottobock Healthcare.
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Personal mobility devices include wheelchairs, scooters, bicycles, and unicycles. Most of these devices are used by disabled people, who have restricted mobility.

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