Global Mobility Aid Devices Industry Industry was valued at USD $6 Billion in the year 2019. Global Mobility Aid Devices Industry Industry is further estimated to grow at a CAGR of 4.2% from 2019 to reach USD $13.3 Billion by the year 2025. Global mobility assist devices industry is one of the growth potential industrys across the globe. Rapid pace advancement in mobility assist devices is raising the popularity of mobility assist devices among healthcare facilities. About 20% of the world’s population is suffering from some kind of disability whether it is physical or intellectual. The demand for mobility assist devices is rising on the back of growing need of mobility devices among aged population. 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. According to WHO, there will be more than 16% of population with age more than the 65 years who are more prone to the mobility impairing disorders and disease. The favorable acts and initiatives taken by government to aid the disables and old people are also expected to boost the industry of mobility assist devices across the globe.
According to Center for diseases control and prevention (CDC), the number of peoples are suffering from arthritis in the US is increasing rapidly owing to hectic and unhygienic lifestyle. In United States, more than 70 million peoples are expected to suffer from arthritis disease by the end of 2030. The rising numbers of arthritis patients along with favorable healthcare reforms are creating major opportunities for the market players to introduce more products into the industry.
Major market players in Mobility Aid Devices are Invacare Corporation, Investor AB, Sunrise Medical LLC, Solax Mobility, Healthcare GmbH, Golden Technologies, Pride Mobility Products Corp., Ottobock, Medline industries, Medical Depot Inc., GF Health Products Inc., Merits Co. Ltd., Merits Health Products Inc, and MEYRA Group.
Mobility Aid Devices Industry, By End Users
Mobility Aid Devices Industry, By Products
Mobility Aid Devices Industry Overview, By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa