(MENAFN- Meridian Market Consultants) The Reports and Insights, a leading market research company, has recently releases report titled “Mobility Aids Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Mobility Aids Devices Market Size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Mobility Aids Devices Market?
The mobility aids devices market size reached US$ 9.1 billion in 2023. The market to reach US$ 16.3 billion in 2032, exhibiting a growth rate (CAGR) of 6.7% during 2024-2032.
What are Mobility Aids Devices?
Mobility aids devices are tools designed to enhance the independence and mobility of individuals facing physical disabilities or limited mobility. This category includes various products such as wheelchairs, walkers, canes, crutches, and mobility scooters. While wheelchairs offer seated mobility, walkers, canes, and crutches provide support for walking, and mobility scooters are motorized devices aiding independent movement. The overarching objective of these aids is to improve accessibility, enabling individuals with mobility challenges to actively participate in daily activities and maintain a higher level of self-sufficiency. These devices play a crucial role in promoting inclusivity and empowering those with mobility impairments to navigate their surroundings with increased ease and confidence.
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What are the growth prospects and trends in the Mobility Aids Devices industry?
The mobility aids devices market growth is driven by various factors. The market for Mobility Aids Devices encompasses a diverse array of assistive tools created to enhance the independence and mobility of individuals facing physical disabilities or limited mobility. This market includes a variety of products like wheelchairs, walkers, canes, crutches, and mobility scooters, addressing different needs and preferences. Focused on enhancing accessibility, these devices empower individuals to actively engage in daily activities, fostering a heightened sense of autonomy. The market's expansion is fueled by technological advancements, a growing aging population, and increasing recognition of the significance of inclusivity. With rising demand, the Mobility Aids Devices market plays a pivotal role in offering solutions that enable individuals to navigate their surroundings with increased ease and self-reliance. Hence, all these factors contribute to mobility aids devices market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
1. By Product Type:
Wheelchairs
Mobility Scooters
Walking Aids (Crutches, Canes, Walkers)
Transfer Lifts
Stair Lifts
Medical Beds
Others
2. By End-User:
Hospitals and Clinics
Home Care Settings
Elderly Care Facilities
Rehabilitation Centers
3. By Sales Channel:
Online Retailers
Offline Retailers
Direct Sales
4. By Material:
Metal
Plastic
Carbon Fiber
Others
5. By Technology:
Manual Mobility Aids Devices
Powered Mobility Aids Devices
6. By Application:
Orthopaedic
Neurological
Cardiovascular
Others
7. By Age Group:
Pediatric
Adult
Geriatric
8. By Distribution Channel:
Retail Stores
E-commerce Platforms
Specialty Stores
Others
9. By Price Range:
Low-cost Mobility Aids Devices
Mid-range Mobility Aids Devices
High-end Mobility Aids Devices
Segmentation By Region:
1. North America:
United States
Canada
2. Europe:
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
BENELUX
NORDIC
Rest of Europe
3. Asia Pacific:
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
4. Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
5. Middle East & Africa:
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
1. Invacare Corporation
2. Sunrise Medical Holdings
3. Stryker Corporation
4. Ottobock SE & Co. KGaA
5. Permobil AB
6. Drive DeVilbiss Healthcare
7. Pride Mobility Products Corp.
8. Hill-Rom Holdings, Inc.
9. Medline Industries, Inc.
10. GF Health Products, Inc.
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