Personal Mobility Devices Market Size, Share Global Analysis Report, 2021 – 2026

Industry Insights

[216+ Pages Report] The latest findings and offers on the personal mobility devices market are released by Facts & Factors offers a neatly titled “Global Personal Mobility Devices Market”. In this report, the global personal mobility devices market will be valued at USD 11.9 Billion in the year 2020 and will grow at an estimated CAGR rate of 6.8% to an overall value of USD 18.3 Billion in the year 2026.

Market Overview

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.

Industry Growth Factors

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.

Segmentation Analysis

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.

Report Scope

Regional Analysis

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.

Competitive 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

By Product Segment Analysis

• Wheelchairs
  • By Type
    • Manual
    • Powered
  • By Application
    • Standard
    • Bariatric
    • Sports
• Scooters
  • By Wheels
    • 3 Wheels
    • 4 Wheels
    • Others
• Others

By End-User Segment Analysis

• Personal
• Institutional

By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA