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Rising aging population along with mobility impairment Disorders is Fueling the Market Growth
The elderly population is becoming much more in need of these devices since they require care, safety, and ease of movement and transfer in both hospital and homecare settings. Growing aging populations are associated with an increase in mobility impairment disorders which is expected to drive the growth of the market. The governments are taking a number of steps to educate the public and various healthcare organizations about the usage of mobility aid medical devices. A significant factor in the development of demand for mobile devices is undoubtedly the expansion of the healthcare infrastructure. Hence, the rising aging population in Saudi Arabia is fueling the demand for the Mobility Aid Medical Devices Market throughout the forecast period.Increasing Road Accidents in Saudi Arabia is Driving the Market Expansion
Increasing road accidents is a major factor responsible for the increase in demand of mobility aid medical devices as road accidents lead to physical damage and sometimes lead to difficulty in moving. According to the most recent WHO data, 12,317 people died in road traffic accidents in Saudi Arabia in 2020, accounting for 9.19% of all fatalities along with physical difficulties such as paralysis, spinal cord injuries. cerebral palsy. Moreover, Saudi Arabia is ranked 34 in the world with an age-adjusted death rate of 36.13 per 100,000 people. Hence, road accidents are a major cause of physical deformities and may result in moving complications.Rising Prevalence of Chronic Conditions
During the forecast period, there is expected to be a rise in the prevalence of chronic diseases among all age groups, including muscular dystrophy, cerebral palsy, and arthritis. Along with this, it is projected that the sharp rise in spinal cord injuries is anticipated to significantly drive the market for mobility assistance devices over the forecast period. Moreover, increasing spinal cord injuries is further expected to boom the growth of the market. As nerve function is diminished beneath the site of damage. Spinal cord damage higher up can paralyze the majority of the body and all limbs (called tetraplegia or quadriplegia). Legs and lower body paralysis may result from a lower spinal cord injury (called paraplegia). This factor is expected to fuel the demand of wheelchairs throughout the forecast period, 2024-2028.Market Segmentation
Saudi Arabia Mobility Aid Medical Devices Market is segmented based on product and end-use. Based on product, the market is further divided into wheelchairs, walking aids, mobility lifts, slings, tricycles, and mobility scooters. On the basis of end user, the market is divided into personal and institutional.Market players
Pride Mobility Products Corporation, Back Comfort Trading Co., Medline Industries, Invacare Corporation, Permobil AB, and Ottobock Healthcare are the major players in the Saudi Arabia Mobility Aid Medical Devices Market.Report Scope:
In this report, the Saudi Arabia Mobility Aid Medical Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:Saudi Arabia Mobility Aid Medical Devices Market, By Product:
- Wheelchairs
- Walking Aids
- Mobility Lifts
- Slings
- Tricycles
- Mobility Scooters
Saudi Arabia Mobility Aid Medical Devices Market, By End-User:
- Personal
- Institutional
Saudi Arabia Mobility Aid Medical Devices Market, By Region
- Northern & Central
- Western
- Eastern
- Southern
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Mobility Aid Medical Devices Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned
- Pride Mobility Products Corporation
- Back Comfort Trading Co.
- Medline Industries
- Invacare Corporation
- Permobil AB
- Ottobock Healthcare
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 74 |
Published | August 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 309.5 Million |
Forecasted Market Value ( USD | $ 398.86 Million |
Compound Annual Growth Rate | 4.1% |
Regions Covered | Saudi Arabia |
No. of Companies Mentioned | 6 |