Personal Mobility Devices Market 2021 Report SWOT Analysis, by Key Players: Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Ottobock

The Global Personal Mobility Devices Market Report Forecast 2021 – 2025 offers a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. Additionally, the report also includes a SWOT analysis that concludes the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market. The report also takes into account the impact of the COVID-19 and also forecasts its recovery post-COVID-19.

As per the revised World Population Prospects, by the United Nations, the number of people aged 60 or above is expected to grow greater than double by 2050, i.e. from 962 million in 2017 to 2.1 billion in 2050, globally. This age group is highly vulnerable to different types of age-related diseases, that require personal mobility aid. Furthermore, increasing research and development programs to address the issues and for product development by the key players propel the growth of the market.

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Top Key Players in the Global Personal Mobility Devices Market: Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Ottobock, Permobil, Stryker Corporation, Pride Mobility Products Corp, Sunrise Medical (US) LLC, Patterson Companies, Inc., ArjoHuntleigh

Key Market Trends

Wheelchairs has been Emerged as the Largest Segment in Personal Mobility Devices Market

The wheelchair is one of the most popular assistive devices used in personal mobility. There are increasing developments in wheelchair equipment, such as the introduction of electric wheelchairs & wheelchairs capable of storing medical history with the capability to make distress calls in crisis, as well as supervise a persons health, are some of the factors driving the market.

According to the Bureau Of Transportation Statistics, U.S. Department of Transportation, an estimated 25.5 million Americans have disabilities that make traveling outside the home difficult. The growing geriatric population who are more prone to mobility diseases is also a major factor for market growth. Furthermore, the growing popularity of wheelchairs with advanced features due to an increasing number of patients is driving the market. In addition, the increasing number of product launches by players is expected to boost the growth of the market.

Regional Analysis:

The report offers an in-depth assessment of the growth and other aspects of the Personal Mobility Devices market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Personal Mobility Devices Market report addresses:

– The Market size from 2015-2020

– Expected market growth until 2025

– Forecast of how market drivers, restraints, and future opportunities will affect

– Segment and regions that will drive or lead market growth and why

– Comprehensive mapping of the competitive landscape

– In-depth analysis of key sustainability strategies adopted by market place

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– The market estimate (ME) sheet in Excel format
– 3 months of analyst support

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Covid-19 Impact Analysis:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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