Personal Mobility Devices Market Is Expected To Reach USD 8.0 Billion By 2020 : Grand View Research Inc.
San Francisco, 26 June 2019: The Report Personal Mobility Devices Market Size, Share & Trends Analysis Report By Product (Wheelchairs, Scooters, Walking Aids (Rollators, Canes, Crutches, Walkers)), By Region, And Segment Forecasts, 2012 – 2020 Global personal mobility devices market is expected to reach USD 8.0 billion by 2020, according to a new study by Grand View Research, Inc. Increasing geriatric population base and prevalence of target diseases are some key factors expected to drive market growth during the forecast period. Aging heightens the susceptibility of a person towards developing target diseases such as osteoporosis and rheumatoid arthritis. Therefore, a growing geriatric population base is expected to widen the patient base for manufacturers. Additionally, presence of supportive government initiatives aimed at strengthening reimbursement frameworks and growing R&D investments for new product development is expected to propel market growth over the next six