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Showing posts with the label Personal Mobility Devices Market 2030

Personal Mobility Devices Market Size Is Projected To Reach USD 29.8 Billion By 2030

  San Francisco, 12 Aug 2022:  The Report  Personal Mobility Devices Market  Size, Share & Trends Analysis Report By Product (Walking Aids, Wheelchairs, Scooters), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2022 - 2030 The global personal mobility devices market size is expected to reach USD 29.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2022 to 2030. The increasing R&D investments for the development of advanced mobility products and government initiatives to support reimbursement policies are some of the key factors boosting the market growth. The rising geriatric population and prevalence of chronic diseases, such as Parkinson’s, arthritis, and Alzheimer’s, are expected to drive the market over the forecast period. The market is disrupted due to the COVID-19 pandemic during the second quarter of 2020 which affected the shipping and transportation of