Global Personal Mobility Devices Market Outlook
Top Driver: Favorable reimbursement policies for the purchase and rental of personal mobility devices
Favorable reimbursement policies for the purchase and rental of personal mobility devices are expected to drive the market. Some mobile devices such as walkers, wheelchairs, canes, and crutches are also covered under Medicare insurance Part B. A patient is required to pay 20% of the product price out of pocket and the remaining 80% is paid by Medicare. Additionally, the repair and replacement of reimbursed mobility devices are covered under this insurance scheme. The Indian government has initiated the Scheme of Assistance to Disabled Persons for Purchase/Fitting of Aids/Appliances (ADIP Scheme) to help people with disabilities procure sophisticated, durable, modern, and scientifically manufactured personal mobility devices to promote social, psychological, and physical rehabilitation of people with disabilities.
Personal mobility devices are given to public work departments with the aim to promote independent living and reduce the extent of disability. Technological advancements in mobile devices are among the most important drivers for this market. The introduction of transfer lifts, mobility scooters, and automated rollators is expected to significantly improve usage rates of mobility devices
Wheelchairs enhancing mobility and quality of life to Make Crucial Contribution to Growth of Global personal mobility device Market
The wheelchair is one of the most common assistive devices and held the dominant share in the global personal mobility devices market. United Nations provides appropriate legislation for requesting member states in supporting the development, production, distribution, and servicing of these mobility devices. The provision of appropriate wheelchairs enhances mobility and quality of life and reduces common problems such as progression of deformities and pressure sores as well as improves digestion and respiration.
According to data published by KD Smart Chair, the estimated number of wheelchair users in the U.S. was 3.3 million in 2018 and there are approximately 2 million new users in the country each year, which translates to an ever-increasing demand for personal mobility devices such as wheelchairs. Powered wheelchairs emerged as the largest sub-segment in terms of revenue in 2019, driven by rapid technological development and improving the spending power of patients.
Growing prevalence of age-associated diseases and increasing geriatric population to Benefit Europes Market
Europe dominated the overall market for personal mobility devices in 2019 with a revenue share of 33.0%. The growing prevalence of age-associated diseases, increasing geriatric population, presence of improved healthcare infrastructure, high healthcare expenditure, rising disposable incomes, and favorable reimbursement policies for purchase or rental services are among key factors that contribute to the regional demand for personal mobility devices. Favorable government initiatives are also expected to boost market growth over the forecast period.
Asia Pacific is expected to emerge as the fastest-growing regional segment with a CAGR of 7.8% over the forecast period. This is attributed to the increasing geriatric population base in East Asian countries such as Japan and China. Additionally, extensive R&D activities undertaken by organizations such as the China Rehabilitation Research Center (CRRC) are expected to drive regional demand for personal mobility devices. Increasing disposable incomes, rising awareness, increasing healthcare expenditure, and favorable government initiatives aimed at improving healthcare access are among other factors expected to boost the market for personal mobility devices in the Asia Pacific.
Players to Focus on Expanding Applications in the personal mobility device market
Some of the players operating in the market for personal mobility devices are
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.
These players are focusing on adopting various growth strategies, such as partnerships and expansion of product portfolio to retain their market position.
Rollz introduced Parkinsons rollators: For instance, in September 2019, Rollz introduced Parkinsons rollators at an international trade fair-Rehacare. This personal mobility device was developed for individuals suffering from freezing symptoms associated with Parkinsons disease. This rollator is among the most innovative creations of the company.
Scope of the Report
By Product Type
Wheelchairs
Manual
Power
Scooters
By Region
North America
Europe
Asia Pacific
Rest Of World
Key Reasons to Purchase this Report
1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders a definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
1.2 Market Segmentation
Chapter 2 Our Research Practice
2.1 Our Research Methodology
2.2 Data Triangulation
2.3 Data Sources
2.4 Assumptions for the study
2.5 Approach Adopted
Chapter 3 Executive Summary
3.1 Market Snapshot
3.2 Regional Snapshot
3.3 Segment Summary
Chapter 4 Covid-19 Impact Analysis
4.1 Overview
4.2 Prevalence analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Personal mobility devices Market Forces
5.1 Whats Driving the Market
5.2 Porters Five Forces Analysis
5.2.1 Power of Suppliers
5.2.2 Threats From New Entrants
5.2.3 Power of Buyer
5.2.4 Threat From Substitute Product
5.2.5 Degree of Competition
Chapter 6 Global Personal mobility devices Market -Industry Snapshots
6.1 Overview
6.1.1 Global Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
6.2 Market Overview
6.2.1 Drivers Analysis
6.2.2 Restraint/Challenges analysis
6.2.3 Opportunity Analysis
6.3 Supply Chain/Value Chain Analysis
6.4 Market SWOT Analysis
Chapter 7 Global Personal mobility devices Market Analysis, by Product Type
7.1 Overview
7.2 Key Findings for Personal mobility devices Market- By Type
7.2.1 Personal mobility devices Market- Wheelchairs
Personal mobility devices market by Type 1, 2018 - 2026 (USD Million)
7.2.2 Personal mobility devices Market- Manual
Personal mobility devices market by Type 2, 2018 - 2026 (USD Million)
Chapter 8 Global Personal mobility devices Market Analysis, by Application
8.1 Overview
8.2 Key Findings for Personal mobility devices Market- By Application
8.2.1 Personal mobility devices Market- Column Assisted Personal mobility devices (C-EPS)
8.2.2 Personal mobility devices Market- Pinion Assisted Personal mobility devices (P-EPS)
8.2.3 Personal mobility devices Market- Rack Assisted Power Steering System (R-EPS)
8.2.4 Personal mobility devices Market- Electronic Hydraulic Power Steering (EHPS)
8.2.5 Personal mobility devices Market- Electronic Hydraulic Power Steering (EHPS)
Chapter 9 Personal mobility devices Market Analysis by Region
9.1 Key Findings for Personal mobility devices Market- By region
9.2 Overview
9.2.1 Global Personal mobility devices Market Analysis, By Type, 2019 - 2026
9.2.2 Global Personal mobility devices Market Analysis, By Application, 2019 - 2026
9.3 Personal mobility devices Market North America
9.3.1 Overview
9.3.2 U.S.
9.3.3 Canada
9.3.4 Mexico
9.3.5 North America Market, By Type
9.3.6 North America Market, By Application
9.4 Personal mobility devices Market Europe
9.4.1 Overview
9.4.2 Germany
9.4.3 United Kingdom
9.4.4 France
9.4.5 Italy
9.4.6 Rest Of Europe
9.4.7 Europe Market, By Type
9.4.8 Europe Market, By Application
9.5 Personal mobility devices Market Asia Pacific
9.5.1 Overview
9.5.2 China
9.5.3 Japan
9.5.4 India
9.5.5 Rest of APAC
9.5.6 Asia Pacific Market, By Type
9.5.7 Asia Pacific Market, By Application
9.6 Personal mobility devices Market Rest Of World
9.6.1 Overview
9.6.2 Middle East & Africa (MEA)
9.6.3 South America
9.6.4 Rest Of World
9.6.5 South America, Middle East and Africa Market, By Type
9.6.6 South America, Middle East and Africa Market, By Application
Chapter 10 Market Competition Analysis
10.1 Market Share/Positioning Analysis
10.1.1 Market Positioning of Key Vendors, 2019
10.1.2 Key Strategies Adopted by the Leading Players
10.1.3 Recent Developments
Chapter 11 Company Profiles- Snapshot
11.1 Rollz International.
11.2 Business Fundamentals
11.2.1 Financial Snapshots
11.2.2 Product Portfolio
11.2.3 Recent Developments
11.3 DeVilbiss Healthcare;
11.4 GF HEALTH PRODUCTS, INC.;
11.5 Invacare Corporation;
11.6 Carex Health Brands, Inc.;
11.7 Kaye Products, Inc.;
11.8 Briggs Healthcare;
11.9 Medline Industries, Inc.;
11.10 NOVA Medical Products;
11.11 Performance Health;
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies
Chapter 12 Appendix
List Of Tables
TABLE 1 Personal mobility devices market by Application 1, 2018 - 2026 (USD Million)TABLE 2 Personal mobility devices market by Application 2, 2018 - 2026 (USD Million)
TABLE 3 Personal mobility devices market by Application 3, 2018 - 2026 (USD Million)
TABLE 4 Personal mobility devices market by Application 4, 2018 - 2026 (USD Million)
TABLE 5 Personal mobility devices market by Application 5, 2018 - 2026 (USD Million)
TABLE 6 Global Personal mobility devices Market Value, By Type, 2019 - 2026 (US$ Bn)
TABLE 7 Global Personal mobility devices Market Value, By Application, 2019 - 2026 (US$ Bn)
TABLE 8 Personal mobility devices Market Analysis by North America (USD Million), 2018-2026
TABLE 9 U.S. Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 10 U.S. Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 11 U.S. Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 12 Canada Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 13 Canada Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 14 Canada Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 15 Mexico Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 16 Mexico Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 17 Mexico Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 18 Personal mobility devices Market Analysis by Europe (USD Million), 2018-2026
TABLE 19 Germany Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 20 Germany Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 21 Germany Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 22 United Kingdom Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 23 United Kingdom Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 24 United Kingdom Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 25 France Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 26 France Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 27 France Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 28 Italy Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 29 Italy Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 30 Italy Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 31 Rest Of Europe Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 32 Rest Of Europe Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 33 Rest Of Europe Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 34 Personal mobility devices Market Analysis by Asia Pacific (USD Million), 2018-2026
TABLE 35 China Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 36 China Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 37 China Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 38 Japan Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 39 Japan Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 40 Japan Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 41 India Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 42 India Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 43 India Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 44 Rest of APAC Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 45 Rest of APAC Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 46 Rest of APAC Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 47 Personal mobility devices Market Analysis by Rest Of World (USD Million), 2018-2026
TABLE 48 Middle East & Africa (MEA) Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 49 Middle East & Africa (MEA) Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 50 Middle East & Africa (MEA) Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 51 South America Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 52 South America Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 53 South America Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
TABLE 54 Rest Of World Personal mobility devices Market, 2018 - 2026 (USD Million)
TABLE 55 Rest Of World Personal mobility devices Market, By Type, 2018 - 2026 (USD Million)
TABLE 56 Rest Of World Personal mobility devices Market, By Application, 2018 - 2026 (USD Million)
List Of Figures
FIG. 1 Global Ammonium sulphate: Market SegmentationFIG. 2 Global Personal mobility devices Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Market Snapshot
FIG. 5 Porters Five Forces Analysis
FIG. 6 Global Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
FIG. 7 Supply Chain/Value Chain Analysis
FIG. 8 Global Personal mobility devices Market Value Contribution, By Type, 2019 & 2026 (%)
FIG. 9 Global Personal mobility devices Market Value Contribution, By Application, 2019 & 2026 (%)
FIG. 10 Global Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
FIG. 11 North America Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
FIG. 12 Personal mobility devices Market Segment 1 North America
FIG. 13 Personal mobility devices Market Segment 2 North America
FIG. 14 Personal mobility devices U.S. outlook, 2019 & 2026
FIG. 15 Personal mobility devices Canada outlook, 2019 & 2026
FIG. 16 Personal mobility devices Mexico outlook, 2019 & 2026
FIG. 17 Europe Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
FIG. 18 Personal mobility devices Market Segment 1 Europe
FIG. 19 Personal mobility devices Market Segment 2 Europe
FIG. 20 Personal mobility devices Germany outlook, 2019 & 2026
FIG. 21 Personal mobility devices United Kingdom outlook, 2019 & 2026
FIG. 22 Personal mobility devices France outlook, 2019 & 2026
FIG. 23 Personal mobility devices Italy outlook, 2019 & 2026
FIG. 24 Personal mobility devices Rest Of Europe outlook, 2019 & 2026
FIG. 25 Asia Pacific Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
FIG. 26 Personal mobility devices Market Segment 1 Asia Pacific
FIG. 27 Personal mobility devices Market Segment 2 Asia Pacific
FIG. 28 Personal mobility devices China outlook, 2019 & 2026
FIG. 29 Personal mobility devices Japan outlook, 2019 & 2026
FIG. 30 Personal mobility devices India outlook, 2019 & 2026
FIG. 31 Personal mobility devices Rest of APAC outlook, 2019 & 2026
FIG. 32 Rest Of World Personal mobility devices Market Value, 2019 - 2026, (US$ Bn)
FIG. 33 Personal mobility devices Market Segment 1 Rest Of World
FIG. 34 Personal mobility devices Market Segment 2 Rest Of World
FIG. 35 Personal mobility devices Middle East & Africa (MEA) outlook, 2019 & 2026
FIG. 36 Personal mobility devices South America outlook, 2019 & 2026
FIG. 37 Personal mobility devices Rest Of World outlook, 2019 & 2026
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