Global Personal Mobility Devices Market Key Companies, Geographical Analysis, Research Development, and Forecast 2027
Global Personal Mobility Devices Market: is expected to reach US$ 19.34 Bn. by 2027, at a CAGR of 6.8% during the forecast period.
Global Personal Mobility Devices Market Overview:
This study's purpose is to give an overview of the Global Personal Mobility Devices Market as well as extensive market segmentation based on segments, and geography. The report includes vital information on the market positions of the major Global Personal Mobility Devices companies, as well as notable industry trends and prospects.
The report also focuses on the leading industry players in the Global Personal Mobility Devices market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information. This research looks into Global Personal Mobility Devices Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This study examines the whole Global Personal Mobility Devices Market Size from a worldwide standpoint, evaluating historical data and forecasts.
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Global Personal Mobility Devices Market Dynamic:
A surge in the adoption of various personal mobility devices in advanced healthcare sector is the major driving factor behind the growth of market. An increasing disability cases among old age population, ongoing development in mobility devices, rising number of various accidents which cause impairment of the limbs, growing demand for personal mobility devices by sports athletes to participate in events such as Paralympics World Cup and others, rising number of workplace injuries, meningitis and spinal cord injuries in people and supportive reimbursement policies for the rental and purchase of personal mobility devices are expected to drive the growth of market during forecast period.
The report also focuses on the leading industry players in the Global Personal Mobility Devices market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
Global Personal Mobility Devices Market Segmentation:
By product type, walking aids segment dominated the market in 2019 and is expected to witness a fast growth at CAGR of xx% during forecast period. There are number of personal mobility devices that are available in the market, the production and sales of mobility or walking aids have significantly picked up in the past few years. The increasing incidence of osteoporotic fracture and injuries, rising demand for walkers, walking scooters and crutches and growing production of less expensive personal mobility devices are further expected to improve growth of market during forecast period.
However, wheelchair segment is projected to witness a fast growth at CAGR of xx% during forecast period. The wheelchair is one of the most common and most widely used assistive devices. An increasing technological development in existing wheelchairs and rising demand for most comfortable electric wheelchairs are accredited to the growth of market.
Global Personal Mobility Devices Market Key Players:
• Drive DeVilbiss Healthcare
• GF Health Products, Inc.
• Invacare Corporation
• Hill-Rom Holdings, Inc.
• Stryker Corporation
• Permobil (Patricia Industries)
• Pride Mobility Products Corp
• Sunrise Medical (US) LLC
• Patterson Companies, Inc.
• WHILL, Inc
• Stannah International
• R&E Stricker Reha-Entwicklungen GmbH
• Triride Srl
• Klaxon Mobility GmbH
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Global Personal Mobility Devices market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Global Personal Mobility Devices industry.
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Global Personal Mobility Devices Market Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Global Personal Mobility Devices market in these regions.
COVID-19 Impact Analysis on Global Personal Mobility Devices Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19's impact on the Global Personal Mobility Devices market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Global Personal Mobility Devices Market Report are:
- What will be the CAGR of the Global Personal Mobility Devices market during the forecast period?
- Which segment emerged as the leading segment in the Global Personal Mobility Devices market?
- Which are the prominent players in the Global Personal Mobility Devices market?
- What will be the Global Personal Mobility Devices market size by 2027?
- Which company held the largest share in the Global Personal Mobility Devices market?
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