Personal Mobility Devices Market - Increase Demand for These Devices in Various Price Sensitive Regions of the World

Personal mobility devices include medical devices that assist in mobility and help in improving the overall quality of life of the physically disabled and/or geriatric individuals. Devices such as wheelchairs, mobility scooters, canes, crutches, walkers, and rollators are among the major personal mobility devices that are increasingly being demanded in the global market.

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Albany, NY -- (SBWire) -- 07/01/2016 --This report on the personal mobility devices market studies the current as well as future prospects of the market globally. The stakeholders of this report include companies and intermediaries engaged in the manufacture and commercialization of various personal mobility devices such as wheelchairs as well as new entrants planning to enter this market. This report comprises an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered in the scope of the study. This section also provides the overall information and data analysis of the global personal mobility devices market with respect to the leading market segments based on major products and/or devices and geographies.

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The global personal mobility devices market has been studied based on major product/device segments, and their regional as well as national markets. Based on device type, the global market has been categorized into two major segments: medical mobility aids & ambulatory devices and medical furniture & bathroom safety products. The medical mobility aids & ambulatory devices segment has been further categorized into six sub-segments: wheelchairs, scooters, canes & crutches, walkers, stair lifts, and others. The medical furniture & bathroom safety products segment has also been categorized into five sub-segments: patient lifts, medical beds, bars & railings, commodes & shower chairs, and others. The market for these segments and sub-segments has been extensively analyzed based on their utility, effectiveness, sales, and geographic presence. Market revenue in terms of USD million and volume in terms of number of units for the period from 2013 to 2023 along with the compound annual growth rate (CAGR %) from 2015 to 2023 are provided for all segments and sub-segments, considering 2014 as the base year.

The market overview section of the report explores the market dynamics such as drivers, restraints, and opportunities that currently have a strong impact on the personal mobility devices market and could influence the market in the near future. Market attractiveness analysis has been provided in the market overview section in order to explain the intensity of competition in the market across different geographies. Porter's Five Forces analysis is also explained in this section to understand the personal mobility devices market considering the different parameters that have an impact on the sustainability of the companies operating in the market. The competitive scenario among different market players is evaluated through market share analysis in the competitive landscape section of the report. All these factors would help market players to take strategic decisions in order to strengthen their positions and expand their shares in the global market.

Geographically, the personal mobility devices market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Each geographic market for personal mobility devices has been further categorized into major device segments and sub-segments; these segments represent the global market. In addition, Asia Pacific has been segmented into national markets such as China, Japan, South Korea, and Rest of Asia Pacific. The market of each country in Asia Pacific has been further categorized into device segments and sub-segments. Market revenue in terms of USD million, and volume in terms of number of units for the period from 2013 to 2023 along with CAGR % from 2015 to 2023 are provided for all the regions and nations, and their products/device markets, considering 2014 as the base year.

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The recommendations section included in the report would assist existing market players in expanding their market shares, and new companies in establishing their presence in the global market. The report also profiles major players in the personal mobility devices market based on various attributes such as company overview, financial overview, business strategies, product portfolio, and recent developments. Major players profiled in this report include Amigo Mobility International, Inc., Argo Medical, ArjoHuntleigh, Drive Medical, Graham-Field Health Products Incorporated, Hill-Rom Holdings, Inc., Invacare Corporation, Otto Bock Healthcare GmbH, Patterson Medical Holdings, Inc., Permobil AB, Pride Mobility Products Corporation, Stryker Corporation, and Sunrise Medical LLC.

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