Personal Mobility Devices Market To Reach USD 18.2 Billion By 2028
San Francisco, 27 April 2021: The Report Personal Mobility Devices Market Size, Share, & Trends Analysis Report By Product (Walking Aids, Wheelchairs, Scooters), By Region (Europe, APAC, North America, MEA), And Segment Forecasts, 2021 - 2028 The global personal mobility devices market size is expected to reach USD 18.2 billion by 2028 registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Growing R&D investments for new product development and government initiatives aimed at strengthening reimbursement frameworks are some of the key factors propelling the market growth. The rising geriatric population and prevalence of target diseases, such as arthritis, Parkinson’s, and Alzheimer’s, are also expected to drive the market over the forecast period. According to a report published by the WHO in 2020, the number of people aged 60 years and above is likely to grow by 56.0%, from 962 million in 2017 to 1.4 billion in 2030, t