Mobility Aids and Transportation Equipment Market Report 2025

This Mobility Aids and Transportation Equipment market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The mobility aids and transportation equipment market size has grown strongly in recent years. It will grow from $2.76 billion in 2024 to $2.99 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to aging population, medical conditions and disabilities, rehabilitation and healthcare services, legislation and accessibility initiatives.

The mobility aids and transportation equipment market size is expected to see strong growth in the next few years. It will grow to $3.95 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to personalized mobility solutions, advanced materials and design, telehealth and remote consultations, aging-in-place solutions. Major trends in the forecast period include smart mobility aids, innovative transportation solutions, sustainable and eco-friendly aids, robot-assisted mobility.

The mobility aids and transportation equipment market is expected to receive a significant boost from the presence of a large aging population. Older individuals often contend with age-related conditions that can limit their mobility. The risk of conditions like rheumatoid arthritis and osteoporosis is higher among the elderly. According to the World Health Organization (WHO), the global geriatric population is projected to double by 2050, increasing from 12% to 22% of the total population. This demographic shift is set to drive the growth of the mobility aids and transportation equipment market.

The increasing prevalence of disability cases is anticipated to be a key driver of the mobility aids and transportation equipment market in the coming years. Disabilities encompass a range of physical, mental, sensory, or cognitive impairments that can significantly hinder an individual's ability to carry out everyday tasks or fully engage in society. Mobility aids and transportation equipment play a vital role in enhancing the mobility and independence of people with disabilities. These devices are specifically designed to facilitate easier movement, provide access to transportation, and enable participation in various activities. For example, a report by the World Health Organization in March 2023 indicated that an estimated 1.3 billion people worldwide have experienced significant disabilities, which accounts for 16% of the global population or 1 in 6 people. As a result, the growing prevalence of disability cases is propelling the growth of the mobility aids and transportation equipment market.

The Japanese automakers have introduced a single-seat self-driving car designed to assist individuals who face difficulties in walking or using public transportation. This self-driving vehicle is smartphone or tablet-enabled, allowing users to select their destination on a map, with the car's navigation system taking care of the rest. Equipped with gyro sensors to maintain stability on uneven surfaces, 2D and 3D laser sensors for gauging distances from objects, and stereo cameras for obstacle detection, the car can adeptly navigate city streets, sidewalks, and footpaths. Sensors and guidance systems enable the vehicle to navigate around obstacles like bumps, potholes, and pedestrians.

Leading companies in the mobility aids and transportation equipment market are creating innovative products, such as the Ultra-Lite 2 electric wheelchair, to address the growing demand for lightweight and portable electric wheelchairs, while offering users greater comfort and support. For example, in January 2022, Falcon Mobility Pte. Ltd., a Singapore-based company specializing in mobility scooters and motorized wheelchairs for the elderly and disabled, introduced the Ultra-Lite 2 electric wheelchair. The Ultra-Lite 2, a second-generation model, features an enhanced seating system with adjustable firmness, ensuring comfort for users during prolonged use. Its foldable design allows for easy storage and portability, catering to those who need mobility aids while on the go. Weighing only 16 kg without the battery and footrests, the Ultra-Lite 2 is one of the lightest electric wheelchairs available, making it easy to transport and maneuver.

In June 2024, Etac Group, a developer of ergonomic assistive devices and patient-handling equipment, acquired Klaxon Mobility GmbH for an undisclosed amount. Through this acquisition, Etac Group aims to expand its range of assistive devices by incorporating innovative power assist solutions for manual wheelchairs, thus creating a more complete mobility portfolio for wheelchair users. Klaxon Mobility GmbH is an Austria-based company that specializes in providing wheelchairs and mobility aids.

Mobility aids and transportation equipment are devices and tools created to help individuals with physical impairments or limited mobility move independently and safely. These tools play a crucial role in improving the independence, comfort, and quality of life for those facing mobility challenges, enabling them to move more freely.

The primary categories of mobility aids and transportation equipment include electrically powered wheelchairs, manual wheelchairs, walking aids, mobility scooters, stretchers, and stair lifts. Walking aids are devices provided to patients to enhance their walking pattern, balance, or safety, enabling them to mobilize more independently. These aids cater to a range of age groups, including mobility aids designed for children and those tailored for the elderly. Various end-users of these devices can be found in settings such as hospitals, clinics, and households.

The mobility aids and transportation equipment market research report is one of a series of new reports that provides mobility aids and transportation equipment market statistics, including mobility aids and transportation equipment industry global market size, regional shares, competitors with a mobility aids and transportation equipment market share, detailed mobility aids and transportation equipment market segments, market trends and opportunities, and any further data you may need to thrive in the mobility aids and transportation equipment industry. This mobility aids and transportation equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the mobility aids and transportation equipment market include Medline Industries, Hoveround Corporation, Sunrise Medical LLC, OttoBock Healthcare GmbH, Stryker Corporation, GF Health Products Inc., Invacare Corporation, LEVO AG, Permobil AB, Hill-Rom Holdings Inc., Merivaara Corporation, UpLyft, Mobius Mobility, SitnStand, Authority Medical Group, Ease Seating Systems, Matia Mobility, National Seating & Mobility, Pride Mobility Products Corp., Drive Medical Design & Manufacturing, Quantum Rehab, 21st Century Scientific Inc., Ki Mobility, Colours Wheelchair, Motion Composites, Karman Healthcare, Merits Health Products Co. Ltd., Nova Medical Products, Active Mobility Systems, Convaid Products LLC, R82 Inc.

Asia-Pacific was the largest region in global mobility aids and transportation equipment market in 2024. North America was the second-largest region in global mobility aids and transportation equipment market. The regions covered in the mobility aids and transportation equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the mobility aids and transportation equipment market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The mobility aids and transportation equipment market consist of sales of electrically powered wheelchairs, manual wheelchairs, walking aids, mobility scooters, stretchers, and stair lifts. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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