Seattle, WA -- (SBWIRE) -- 12/09/2019 -- The "Global Personal Mobility Devices Market-Worldwide Industry Growth Analysis & Forecast to 2026" with Leading Regions and their top Players is an analytical tool for highlighting changes, evaluating the current market, and encouraging the ongoing trends. It provides the Personal Mobility Devices industry outlook with growth, Size, Share, Key Players strategies analysis and historic & futuristic trend. This Personal Mobility Devices report admits the competitive and rapidly-evolving industry, marketing advice that is up to date is imperative to track performance and make decisions such as both endurance and growth.
Personal mobility devices are used by permanent or temporary disabled people for mobility purpose. Personal mobility devices are available in the market are wheelchair, walkers, canes, crutches, scooters, stair-lifts and others. Furthermore, advancement in personal mobility devices is expected to foster growth of the market. For instance, the evolution of wheelchair from manual to electric wheelchair to stair-lifts has aided in increasing adoption of these devices leading to growth of the market.
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Market Dynamics
The global personal mobility devices market is projected to witness significant growth over the forecast period, owing to advancements in technology. For instance, Japanese startup, Whill's, Next Generation Wheelchair received FDA clearance in 2016. FDA clearance allows physicians to prescribe Model M as a medical device.
Furthermore, increasing prevalence of disability among geriatric population is expected to drive growth of personal mobility devices market. For instance, according to the stats published by the Council for Disability Awareness (CDA), in 2013, 1 in 4 children below the age of 20 years in the U.S. was disabled, due to various factors such as excess body weight, and chronic diseases such as diabetes, high blood pressure, and back pain.
Governments in emerging economies such as India and China are focusing on initiatives to bring awareness among disabled people about wheelchairs integrated with advanced technology and are also offering wheelchairs at discounted prices. For instance, the Government of India, under their Department of Empowerment of Persons with Disabilities provided assistance to disabled people for purchasing / fitting of aids (ADIP scheme) under which they distributed wheelchairs to children between the age of 16 and 18 years by offering subsidy of US$ 389.12 per child in 2015.
The objective of Personal Mobility Devices report is to outline, segment, and project the market on the idea of product types, application, and region, and to explain the factors concerning the factors influencing global Personal Mobility Devices market dynamics, policies, economics, and technology etc.
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Furthermore, Global Personal Mobility Devices Market following points are included along with an in-depth study of each point:
Competitors — In this section, key players have been studied depending on product portfolio, their Personal Mobility Devices company profile, capacity, price, price, and earnings. Key companies covered as a part of this study include Invacare Corporation, Pride Mobility Products Corporation, Drive Devilbiss Healthcare, Sunrise Medical (US) LLC, Permobil, Stannah International, Acorn Stairlifts Inc., and Ottobock Healthcare.
Production Analysis — Generation of this Global Personal Mobility Devices Industry is tested regarding applications, types, and regions with price analysis of players that are coveInformative Report on .
Sales & Revenue Evaluation — Revenue, sales are studied for this Personal Mobility Devices market, implying with various elements along yet another facet is appraised in this section for leading regions.
Supply and Effectiveness — In continuation using earnings, this department studies consumption, and global Personal Mobility Devices market. This area also sheds light on the difference between ingestion and distribution. Export and Personal Mobility Devices import data are supplied in this part.
Investigations and Analysis — Personal Mobility Devices market investigation aside from commerce, the information, and supply, contact information from manufacturers, consumers and providers can also be awarded. Additionally, feasibility analysis to investment and SWOT analysis for endeavors have been comprised.
Various analysis techniques applied to provide Personal Mobility Devices information on competitors strategies; past data, and future sales and market trends. Business owners coming up with the current customers and reaching the target Personal Mobility Devices market can benefit of the analytical information from different regions, to derive dynamic shifts. That are believed to global Personal Mobility Devices market transformative influence on future sales. Insights on wherever the Personal Mobility Devices market ought to be heading throughout the forecast, 2019 to 2026 and major players in the business.
.Key features of the study:
- This report provides in-depth analysis of the personal mobility devices market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%) for the forecast period: 2017 - 2025, considering 2016 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global personal mobility devices market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
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