Market Research Insights

  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 sh...

  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 2...

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 ma...