Personal Mobility Devices Market Growth Opportunities and Forecast till 2030
The Global Personal Mobility Devices Market Size valued for USD 12.5 Billion in 2021 and is anticipated to reach USD 21.2 Billion by 2030 with a CAGR of 6.3% from 2022 to 2030.
Personal mobility devices are devices designed to help people with mobility issues, such as difficulty walking or standing. These devices can include manual wheelchairs, electric wheelchairs, motorized scooters, and walkers, among others.
Personal mobility devices are intended to improve the quality of life for people who have mobility issues by giving them more independence and the ability to move around more easily. They can be used in a variety of settings, such as at home, the workplace, and public places.
When choosing a personal mobility device, many factors must be considered, including the individual's specific mobility needs, the type of terrain on which the device will be used, and their physical abilities. Working with a healthcare professional or rehabilitation specialist to determine the best device for an individual's needs is critical.
Parameter |
Personal Mobility Devices Market |
Personal Mobility Devices Market Size in 2021 |
US$ 12.5 Billion |
Personal Mobility Devices Market Forecast By 2030 |
US$ 21.2 Billion |
Personal Mobility Devices Market CAGR During 2022 – 2030 |
6.3% |
Personal Mobility Devices Market Analysis Period |
2018 - 2030 |
Personal Mobility Devices Market Base Year |
2021 |
Personal Mobility Devices Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, By End Use, and By Region |
Personal Mobility Devices Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Amigo Mobility International Inc., Argo Medical, ArjoHuntleigh, Graham-Field Health Types Incorporated, Hill-Rom Holdings Inc., Invacare, TOPRO, Carex Health Brand Incorporation, and Others. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Personal Mobility Devices Market Dynamics
As the population ages, there is an increased demand for devices that can help individuals maintain their mobility and independence. Personal mobility devices can help individuals with disabilities or mobility impairments to move around more easily and access more areas of their environment. Personal mobility devices can be more convenient than walking, especially over long distances or in crowded areas. Some personal mobility devices, such as electric scooters and bikes, can provide a low-impact form of exercise that can help improve overall health and fitness. Personal mobility devices, particularly electric scooters and bikes, can be a more environmentally-friendly alternative to cars, particularly in urban areas. Improvements in technology, such as the development of lightweight materials and more powerful batteries, have made personal mobility devices more practical and convenient to use.
However, personal mobility devices, particularly those powered by electricity, can be costly. This can be a deterrent for some customers. In many cities, there is a lack of infrastructure that supports the use of personal mobility devices, such as dedicated lanes or parking spaces. This can make it difficult for users to use these devices safely and conveniently. Personal mobility devices may be regulated differently in different locations, causing confusion and limiting their use. Because of the risk of accidents or injuries, some people may be concerned about the safety of personal mobility devices, particularly electric scooters and bikes.
Personal Mobility Devices Market Insights
The personal mobility devices market is split into type, end-use, and regional segments. The type category is divided into scooters, walking aids, wheelchair, and other. By end use, the segmentation includes home care settings, hospitals and clinics, and other. Furthermore, the region segment is categorized into Latin America, North America, Europe, Asia-Pacific, and the Middle East & Africa.
Global Personal Mobility Devices Market Geographical Competition
The market for personal mobility devices is highly competitive and dominated by a few major players. Geographically, some regions, such as North America and Europe, have more mature markets with higher penetration rates of personal mobility devices. Other regions, including Asia Pacific and Latin America, are expected to see significant growth in personal mobility device demand in the coming years.
Amigo Mobility International Inc., Argo Medical, ArjoHuntleigh, Graham-Field Health Products Incorporated, and others are key players in the personal mobility devices market. These businesses sell a variety of personal mobility devices, such as electric scooters, bikes, and hoverboards. Other market participants include startups and small businesses that provide more specialized or niche products.
Global Personal Mobility Devices Industry Segment Analysis
Market By Type
· Scooters
· Wheelchair
· Walking Aids
· Others
Market By End Use
· Hospitals and Clinics
· Home Care Settings
· Other
Personal Mobility Devices Market Leading Companies
The players profiled in the report are Amigo Mobility International Inc., ArjoHuntleigh, Carex Health Brand Incorporation, Argo Medical, Hill-Rom Holdings Inc., Graham-Field Health Products Incorporated, TOPRO, Invacare, and Others.
Personal Mobility Devices Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa