Global Mobility Assist Device Market Valued at USD 6.4 Billion in 2016


Posted June 25, 2018 by Steveblade

According to Goldstein Research, global mobility assist device market is expected to reach USD 12.3 billion by 2024 from USD 6.4 billion in 2016
 
According to Goldstein Research, global mobility assist device market is expected to reach USD 12.3 billion by 2024 from USD 6.4 billion in 2016, growing at a CAGR of 8.5% over the forecast period 2016-2024. Increasing rate of chronic and acute diseases along with rising aging population further propel the demand for advanced mobility assist devices. Rising demand for advanced mobility assist devices further pushes the manufacturers to deliver new technology and innovative products. Global mobility assist device market segmentation has beendoneon the basis of products, end-userand geography.Most commonly used mobility assist devices are electric scooters, crutches and wheel chairs, among these mobility assist devices, wheelchairs are the most commonly used device.

Global mobility assist device industry is largely dominated by North-America with 38.6% of revenue share. The region is expected to dominate the region over the forecast period owing to introduction of new and innovative products by the established market players in United States.Europe accounted for over 30% of revenue share in global mobility assist devices market in 2016 and was the second largest consumer of mobility assist devices.

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Market Segmentation
On the basis of our in-depth analysis, Global Mobility Assist Device Market can be segmented as follows:

By Products
o Wheel Chairs

§ Manual Wheel Chairs

§ Electric Wheel Chairs

o Walking Aids

§ Canes & Crutches

§ Walkers

§ Rollators & Tri-Walkers

o Mobility Vehicles and Scooters

By End Users
o Hospitals

o Household

o Others (airport, hotels, railways, etc)

By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}

o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}



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Global mobility assist device industry analysis report contains detailed overview of the global mobility assist device market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by products and end-user.

Further, for the in-depth analysis, Global Mobility Assist Device Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Sunrise Medical LLC, Pride Mobility, Solax Mobility, Invacare Corporation, Merits Health Products Inc, Golden Technologies, Medline industries, Healthcare GmbH, Hoveround Corporation, LEVO AG, Permobil AB, Merivaara Corporation,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global mobility assist device market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Tags mobility assist device market , mobility assist device market size , mobility assist device market trends
Last Updated June 25, 2018