Personal Mobility Devices Market Forecast: Impact of Aging Population on Market Growth 2024-2030

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North America dominated the global market in 2023 and is predicted to continue to do so at a compound annual growth rate (CAGR) over the course of the forecast period.

Personal Mobility Devices Market is expected to reach US$ 23.54 Bn. by 2030, at a CAGR of 6.8% during the forecast period.

Personal Mobility Devices Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Personal Mobility Devices Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Personal Mobility Devices market, with forecasts outspreading to the year 2030.

 

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Personal Mobility Devices Market Scope and Methodology:

The Personal Mobility Devices market research offers in-depth details on important factors, such as those anticipated to fuel the industry's expansion and impending challenges. Stakeholders will have a solid understanding of the industry's competitive landscape, the products pushed by well-known brands, and the investment potential in the Personal Mobility Devices market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation's purview includes a thorough analysis of the competition for the Personal Mobility Devices Market.

Many additional requirements, each with a detailed reason, are included in the study. In order to build the Personal Mobility Devices Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.

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Personal Mobility Devices Market Regional Insights:

The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Personal Mobility Devices market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Personal Mobility Devices market.

Personal Mobility Devices Market Segmentation:

by Product

Walking Aids
Mobility Scooters
Medical Beds
Wheelchairs
Others

The walking aids segment led the market in 2023 and is anticipated to rise rapidly at a compound annual growth rate (CAGR) over the course of the forecast period. Numerous personal mobility devices are on the market, and in recent years, there has been a notable increase in both the manufacturing and sales of walking aids and mobility aids. Growing manufacturing of less expensive personal mobility devices, increased demand for walkers, walking scooters, and crutches, and an increase in the frequency of osteoporotic fractures and injuries are all anticipated to contribute to the market's improved growth throughout the forecast period.

by Type

Hospitals Clinics
Long Term Care Centres
Households
Others

by Sales Channel

Wholesalers/Distributors
Online Retailers
Multi-brand Stores
Specialty Stores

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Personal Mobility Devices Market Key Players:

1.Drive DeVilbiss Healthcare
2. GF Health Products, Inc.
3. Invacare Corporation
4. Hill-Rom Holdings, Inc.
5. Ottobock
6. Stryker Corporation
7. Permobil (Patricia Industries)
8. Pride Mobility Products Corp
9. Sunrise Medical (US) LLC
10. Patterson Companies, Inc.
11. ArjoHuntleigh
12. WHILL, Inc
13. Gates
14. Stannah International
15. RE Stricker Reha-Entwicklungen GmbH
16. Triride Srl
17. Klaxon Mobility GmbH

Interested in market analysis? Don't miss the summary of the research report for valuable insights:https://www.maximizemarketresearch.com/market-report/global-personal-mobility-devices-market/79156/

Key questions answered in the Personal Mobility Devices Market are:

  • What is Personal Mobility Devices?
  • What was the Personal Mobility Devices market size in 2023?
  • What is the growth rate of the Personal Mobility Devices Market?
  • Which are the factors expected to drive the Personal Mobility Devices market growth?
  • What is the CAGR at which the Personal Mobility Devices market will grow during the forecast period?
  • What are the different segments of the Personal Mobility Devices Market?
  • Which is the fastest growing region in the Personal Mobility Devicesmarket?
  • What growth strategies are the players considering to increase their presence in Personal Mobility Devices?
  • What are the upcoming opportunities and trends for the Personal Mobility Devices Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Personal Mobility Devices Market?
  • Who are the leading companies and what are their portfolios in Personal Mobility Devices Market?
  • What segments are covered in the Personal Mobility Devices Market?
  • Who are the key players in the Personal Mobility Devices market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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