Published Date : January 17, 2020
Rising the global aged population base, the occurrence rate of target diseases and steady government activities are some crucial factors anticipated that would drive the personal mobility devices market. With the introduction of personal mobility devices that are technologically enhanced, for example, laser enabled rollators by TOPRO and Segway Personal Transporter, the personal mobility devices market is foreseen to encounter development throughout the following years.
Controlled wheelchairs were the biggest product section in 2013
Wheelchairs are the most ordinarily used personal mobility devices offering help to the aged and disabled populace. It expands the simplicity of performing fundamental capacities subsequently, improving personal satisfaction. The requirement for wheelchairs is foreseen to develop at a critical rate amid the gauge time frame due to a quickly expanding worldwide aged populace base. Controlled wheelchairs rose as the biggest product section in 2013 attributable to the quickly developing business sector infiltration rates.
In 2013 North America was the biggest consumer of the personal mobility devices market
North America was the biggest consumer of the personal mobility devices market in 2013. rising demand for assistive devices, expanding aged populace, combined with the existence of a modern repayment system working towards lessening the out of pocket uses of patients are central points ascribing to the areas vast share of the overall industry. Europe represented more than 30 percent of the income share in the personal mobility devices market in 2013 and was the second-biggest consumer of personal mobility devices in the specified period. Asia-Pacific is foreseen to develop at the quickest CAGR amid the figure time frame.
Some of the major players in the Personal Mobility Devices Market are Invacare, Briggs Healthcare, Carex Health Brand Incorporation, Sunrise Medical, Kaye Products, Nova, TOPRO, Pride Mobility, and Patterson Medical. Market players implementing sustainability procedures, for example, expansion of product portfolio, entering into strategic collaborations and mergers & acquisitions are additionally anticipated that would emphasize market development.