Experience the Growth of Personal Mobility Devices Market, Size to Hit $14.59 Billion by 2028: Allied Market Research

  According to a new report published by Allied Market Research, titled, Personal Mobility Devices Market by Product and End User: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global personal mobility devices market size was valued at $7.70 billion in 2019, and is projected to reach $14.59 billion by 2027, registering a CAGR of 7.1% from 2020 to 2027.  

Devices that are solely used by a patient or an individual with mobility impairment for movement or locomotion are considered as personal mobility devices. These devices are mainly used in providing assistance to individuals with physical disabilities and can be manual or motorized (powered). Some of these devices include manual wheelchairs, walkers, crutches, roller, power wheelchair, lift chairs, mobility scooter, and others. Personal mobility devices are remarkably tailored for disabled patients to deliver additional assistance to walk and accomplish their personal tasks self-sufficiently. For instance, visually impaired people can make use of white cane to walk. Besides, mobility aids, such as knee scooters, transferring chairs, and other convertible chairs, along with adaptive technology provide better help to the patients for ambulation.

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COVID-19 scenario analysis:

1) The COVID-19 impact on the Personal mobility devices market is unpredictable and is expected to remain in force till the fourth quarter of 2021.

2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.

3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.

4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.

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Key findings of the Personal mobility devices market:

•Based on product, the mobility scooters segment is projected to grow at the highest rate during the analysis period.

•South Africa is projected to grow at a CAGR of 6.0%.

•North America registered the largest personal mobility devices market share in 2019 and is projected to maintain its lead until 2027.

Region-wise, the market has been analyzed across four regions, North America, Europe, Asia-Pacific, and LAMEA. Presently, North America is projected to dominate the personal mobility devices market during the analysis period. This is majorly attributed to large pool of patients suffering from mobility ailments. Moreover, supportive rules & regulations in reducing higher hospital invoices burden and reimbursements are some of the other factors propelling the adoption of personal mobility devices among Americans. 

List of Key Players Profiled in the Report:

Briggs Healthcare, Carex Health Brands, Inc., Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Medline Industries Inc., Pride Mobility Products Corp., Rollz International, Stryker Corporation, and Sunrise Medical LLC.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Tags: Walking Aids, Personal Mobility Devices Market Growth, Personal Mobility Devices market size, Personal Mobility Devices, Scooters, personal mobility devices market, Wheelchairs See Campaign: https://www.alliedmarketresearch.com/personal-mobility-devices-market-A11117
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