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Global Personal Mobility Devices Market to be the Next Internet Boom, Says a Report by Altus Market Research

Personal Mobility Devices market

Personal mobility devices (PMDs) are considered to be the next internet boom. The rise in popularity of this market is driven by increasing demand for highly portable and communication devices across various user segments such as elderly population and users with mobility issues. Growing healthcare expenditure on these devices is expected to drive this market

Highlighted with 60 tables and 70 figures, this 146-page report “Global Personal Mobility Devices Market 2022-2031 by Product (Wheelchairs, Walking Aids, Scooters, Others), End User (Hospitals and Clinics, Homecare Settings, ASCs, Urgent Care Centers, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global personal mobility devices market and all its sub-segments through extensively detailed classifications.

Global personal mobility devices market will reach $20,923.2 million by 2031, growing by 6.7% annually over 2022-2031, driven by the aging population and surge in chronic diseases, increasing disability cases and accidents causing impairment of the limbs, increasing product development, rising purchasing power, and the favorable reimbursement policies.

Also, this Personal Mobility Devices Market growth can be attributed to the increasing awareness of geriatric as well as consumers who are more comfortable using such devices due to their effectiveness in improving the quality of life for people with physical disabilities among others including seniors’ caregivers, sports enthusiasts and those facing chronic diseases.

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In-depth qualitative analysis of Personal Mobility Devices Market include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global Personal Mobility Devices Market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global personal mobility devices market in every aspect of the classification from perspectives of Product, End User, and Region.

Based on Product, the global Personal Mobility Devices Market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.

• Wheelchairs
o Manual Wheelchairs
o Powered Wheelchairs
• Walking Aids
o Rollators
o Other Walking Aids
• Scooters
• Other Products

By End User, the global Personal Mobility Devices Market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.

• Hospitals and Clinics
• Homecare Settings
• Ambulatory Surgical Centers (ASCs)
• Urgent Care Centers
• Other End Users

The Personal Mobility Devices market report provides key statistics on the market status of Personal Mobility Devices in North America (Canada, USA, Mexico), Europe (Germany, UK, France, Russia etc.), Asia-Pacific (India, China etc.), Latin America(Brazil). This report also presents the company profile, product specifications and the manufacturing process ofPersonal Mobility Devices. The analysis of the leading Personal Mobility Devices providers demonstrates a wide variety of factors that impact the supply chain at regional and global levels.

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2031. The breakdown of all regional markets by country and split of each national market by Product and End user over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including Personal Mobility Devices Market leaders and important emerging players.

Selected Key Players:

Briggs Healthcare, Inc.
Cardinal Health
Carex Health Brands, Inc.
Drive DeVilbiss Healthcare
GF Health Products, Inc.
Invacare Corporation
Kaye Products, Inc.
Medline Industries Inc.
NOVA Medical Products
Performance Health Supply Inc. (Patterson Medical)
Pride Mobility Products Corp.
Rollz International
Stryker Corporation
Sunrise Medical LLC