One of the primary drivers is the growing aging population in the country. As people age, they tend to face mobility issues and require assistance in moving around. Personal mobility devices such as mobility scooters and power wheelchairs are crucial in helping them maintain their independence and mobility. Moreover, the increasing prevalence of chronic diseases such as arthritis, multiple sclerosis, and Parkinson's disease, which affect mobility, are fueling the market growth. Additionally, technological advancements and innovations in the industry have made personal mobility devices more efficient, comfortable, and safe, further fueling the market's growth.
For instance, in November 2023, Magic Mobility, a Sunrise Medical brand, launched the Magic 360, a stylish mid-wheel-drive crossover wheelchair in North America. It is equipped with interchangeable wheels and tires, all-wheel suspension, and a personalized seating system that caters to a variety of sizes and postural requirements. It is ideal for use in tight indoor spaces and can handle rough terrain outdoors.
U.S. Personal Mobility Devices Market Report Highlights
- Wheelchairs dominated the product segment with more than 45.0% share in 2023, owing to the increasing prevalence of disabilities and chronic conditions, along with the growing aging population in the U.S.
- In April 2023, Medline partnered with Martha Stewart to launch a new line of stylish and practical safety and mobility products for the home. The Martha Stewart Custom Collection includes sophisticated prints and patterns, combining fashion with functionality to help users feel and look their best.
- In January 2021, Medline and byACRE, a Copenhagen-based designer of advanced mobility products, formed a strategic partnership to address the rising demand for stylish and functional mobility aids. As part of this collaboration, Medline was expected to be distributed byACRE's Carbon Ultralight rollator, recognized as the lightest rollator globally.
Table of Contents
Companies Mentioned
- GF Health Products, Inc.
- Invacare Corporation
- Carex
- Kaye Products, Inc.
- Briggs Healthcare
- Medline Industries, LP.
- NOVA
- Performance Health
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 75 |
Published | May 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 3.64 Billion |
Forecasted Market Value ( USD | $ 5.9 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | United States |
No. of Companies Mentioned | 8 |