Mobility Aids Market By Product (Wheelchairs, Walking Aids, Mobility Scooters, And Others), Type (Manual And Powered), Distribution Channel (Online And Offline), End-Users (Hospitals, Clinics, Ambulatory Surgical Centers, Homecare, And Others), And Geography (North America, Europe, Asia-Pacific, And Rest Of The World) are expected to grow at a steady CAGR forecast till 2030 owing to the increasing number of spinal cord injuries and impairment disabilities and increasing number of product launches across the globe.
The global mobility aids market is estimated to grow at a CAGR of 5.11% during the forecast period from 2024 to 2030. The demand for mobility aids is primarily being boosted by the growing incidence of spinal cord injuries and impairment disabilities due to various reasons including accidents, injuries, muscular dystrophy, chronic health conditions, and others. Furthermore, the increased focus on the needs and challenges of individuals with physical disabilities has enhanced the market of mobility aids. Additionally, the increasing number product launches in the market are some of the other key factors driving the growth of the mobility aids market during the forecast period from 2024 to 2030.
Additionally, as per the data provided by the World Health Organization (WHO) 2023, approximately 20 to 50 million people suffer from non-fatal road traffic accidents worldwide, every year. Fractures and joint damage and accidents, particularly those resulting in traumatic injuries, can drive the growth of mobility aids market.
Moreover, another key factor which is responsible for the growth of mobility aids market is the growing awareness regarding the needs of people with physical disabilities. In 2021, the Wheelchair Foundation, a non-profit organization dedicated for raising awareness regarding the needs of people with physical disabilities, distributed 47,556 wheelchairs to their distribution partners worldwide. According to the latest annual report from Free Wheelchair Mission, the foundation had distributed approximately 1,253,804 wheelchairs globally. Thus, the increasing awareness regarding the need of mobility aids can lead to a greater understanding of the challenges faced by individuals with mobility impairments, potentially driving the market for mobility aid solutions.
Further, the continuous technologically advanced product launches in the market is another key factor driving the overall market of mobility aids. For instance, in August 2021, Invacare Corporation unveiled the AVIVA® STORM RX™ power wheelchair, introducing a new benchmark for rear-wheel drive power mobility. Thus, the continuous development of advanced mobility solutions is attracting attention of consumers, healthcare professionals, and industry stakeholders thereby boosting the market of mobility aids devices.
However, extended use of walking aids can result in physical injuries or discomfort and difficulty in using mobility aids in public transport may hinder the market demand for mobility aids.
In the product segment of the mobility aids market, the wheelchairs category is estimated to have a significant revenue share in the mobility aids market in 2023. This can be attributed to the various advantages and applications provided by the wheelchairs. Wheelchairs are versatile and can be used in a wide range of environments, including indoor and outdoor settings. They can navigate various terrain types, including smooth surfaces, ramps, and uneven terrain, providing users with greater independence and mobility. Additionally, wheelchairs enable users to move independently without relying on assistance from others. This independence can significantly enhance the user's sense of autonomy and self-reliance, allowing them to engage in daily activities and social interactions more freely. Further, wheelchairs can be customized to meet the specific needs and preferences of individual users. Options for customization include adjustable seat heights, backrest angles, footrest positions, and specialized accessories in order to enhance comfort and functionality. Modern wheelchairs are designed with user-friendly features and ergonomic designs to optimize usability and comfort. Features such as lightweight construction, foldable frames, and easy-to-operate controls make wheelchairs accessible and practical for users of all ages and abilities.
Furthermore, as the demand for this segment grows, various novel products are being launched by the market players, thus driving market growth. For instance, in August 2021, Invacare Corporation announced the launch of AVIVA® STORM RX™ power wheelchair, setting a new standard for rear-wheel drive power mobility.
Therefore, owing to the above-mentioned factors, the wheelchair category is expected to register significant growth, thereby driving the growth of the overall mobility aids market during the forecast period.
According to the data provided by the Centre for Disease Control and Prevention (2023), up to 27% of U.S. adults reported having some type of disability, with 12.1% experiencing mobility disabilities characterized by serious difficulty in walking or climbing stairs. These statistics emphasize the significant impact of mobility limitations on a large segment of the population and highlights the critical role and need of mobility aid devices thereby boosting the overall growth of mobility aids in the US, which will eventually boost the North America mobility aids market.
Additionally, as per the data provided by the United Spinal Association in the year 2022, around 17,700 Americans suffered spinal cord injuries annually, with 78% of cases occurring in men at an average age of 43. Vehicular accidents account for 39.3% of injuries, followed by falls at 31.8%, violence at 13.2%, sports at 8%, and medical/surgery at 4.3%. Thus, the increasing incidence of spinal cord injuries will eventually increase the surge for mobility aids thereby boosting the market in the region.
Furthermore, recent strategic initiatives and various product launch in the domain of mobility aids are also aiding in driving the market growth of mobility aids devices in the region. For instance, in February 2022, Invacare Corporation launched its next generation of power assist devices - the e-fix eco, to transform the manual wheelchair. Thus, the new product launch with advanced technologies, innovative design, ease of use, and adaptability make it a valuable option for a wide range of users, driving market growth and encouraging further advancements in the field of mobility aids.
This product will be delivered within 2 business days.
The global mobility aids market is estimated to grow at a CAGR of 5.11% during the forecast period from 2024 to 2030. The demand for mobility aids is primarily being boosted by the growing incidence of spinal cord injuries and impairment disabilities due to various reasons including accidents, injuries, muscular dystrophy, chronic health conditions, and others. Furthermore, the increased focus on the needs and challenges of individuals with physical disabilities has enhanced the market of mobility aids. Additionally, the increasing number product launches in the market are some of the other key factors driving the growth of the mobility aids market during the forecast period from 2024 to 2030.
Mobility Aids Market Dynamics:
According, to the data provided by the World Health Organization (WHO) (2024), in 2021 globally approximately 15.1 million people were living with spinal cord injury. Spinal cord injuries can result in varying degrees of paralysis, depending on the severity and location of the injury. Many individuals with spinal cord injury require mobility aids such as wheelchairs, walkers, or crutches in order to compensate for loss of function and facilitate movement. Thus, the increasing number of spinal cord injuries will eventually boost the market for mobility aids during the forecast period.Additionally, as per the data provided by the World Health Organization (WHO) 2023, approximately 20 to 50 million people suffer from non-fatal road traffic accidents worldwide, every year. Fractures and joint damage and accidents, particularly those resulting in traumatic injuries, can drive the growth of mobility aids market.
Moreover, another key factor which is responsible for the growth of mobility aids market is the growing awareness regarding the needs of people with physical disabilities. In 2021, the Wheelchair Foundation, a non-profit organization dedicated for raising awareness regarding the needs of people with physical disabilities, distributed 47,556 wheelchairs to their distribution partners worldwide. According to the latest annual report from Free Wheelchair Mission, the foundation had distributed approximately 1,253,804 wheelchairs globally. Thus, the increasing awareness regarding the need of mobility aids can lead to a greater understanding of the challenges faced by individuals with mobility impairments, potentially driving the market for mobility aid solutions.
Further, the continuous technologically advanced product launches in the market is another key factor driving the overall market of mobility aids. For instance, in August 2021, Invacare Corporation unveiled the AVIVA® STORM RX™ power wheelchair, introducing a new benchmark for rear-wheel drive power mobility. Thus, the continuous development of advanced mobility solutions is attracting attention of consumers, healthcare professionals, and industry stakeholders thereby boosting the market of mobility aids devices.
However, extended use of walking aids can result in physical injuries or discomfort and difficulty in using mobility aids in public transport may hinder the market demand for mobility aids.
Mobility Aids Market Segment Analysis:
Mobility Aids Market by Product (Wheelchairs, Walking Aids, Mobility Scooters, and Others), Type (Manual and Powered), Distribution Channel (Online and Offline), End-Users (Hospitals, Clinics, Ambulatory Surgical Centers, Homecare, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).In the product segment of the mobility aids market, the wheelchairs category is estimated to have a significant revenue share in the mobility aids market in 2023. This can be attributed to the various advantages and applications provided by the wheelchairs. Wheelchairs are versatile and can be used in a wide range of environments, including indoor and outdoor settings. They can navigate various terrain types, including smooth surfaces, ramps, and uneven terrain, providing users with greater independence and mobility. Additionally, wheelchairs enable users to move independently without relying on assistance from others. This independence can significantly enhance the user's sense of autonomy and self-reliance, allowing them to engage in daily activities and social interactions more freely. Further, wheelchairs can be customized to meet the specific needs and preferences of individual users. Options for customization include adjustable seat heights, backrest angles, footrest positions, and specialized accessories in order to enhance comfort and functionality. Modern wheelchairs are designed with user-friendly features and ergonomic designs to optimize usability and comfort. Features such as lightweight construction, foldable frames, and easy-to-operate controls make wheelchairs accessible and practical for users of all ages and abilities.
Furthermore, as the demand for this segment grows, various novel products are being launched by the market players, thus driving market growth. For instance, in August 2021, Invacare Corporation announced the launch of AVIVA® STORM RX™ power wheelchair, setting a new standard for rear-wheel drive power mobility.
Therefore, owing to the above-mentioned factors, the wheelchair category is expected to register significant growth, thereby driving the growth of the overall mobility aids market during the forecast period.
North America Is Expected To Dominate The Overall Mobility Aids Market:
North America is expected to account for the highest proportion of the global mobility aids market in 2023, out of all regions. This is due to the presence of a large patient pool suffering from impairment disabilities, paralysis, and spinal cord injuries. Furthermore, the mobility aids market is anticipated to grow on account of a large number of product launches and technological advancements in mobility aids devices across the region.According to the data provided by the Centre for Disease Control and Prevention (2023), up to 27% of U.S. adults reported having some type of disability, with 12.1% experiencing mobility disabilities characterized by serious difficulty in walking or climbing stairs. These statistics emphasize the significant impact of mobility limitations on a large segment of the population and highlights the critical role and need of mobility aid devices thereby boosting the overall growth of mobility aids in the US, which will eventually boost the North America mobility aids market.
Additionally, as per the data provided by the United Spinal Association in the year 2022, around 17,700 Americans suffered spinal cord injuries annually, with 78% of cases occurring in men at an average age of 43. Vehicular accidents account for 39.3% of injuries, followed by falls at 31.8%, violence at 13.2%, sports at 8%, and medical/surgery at 4.3%. Thus, the increasing incidence of spinal cord injuries will eventually increase the surge for mobility aids thereby boosting the market in the region.
Furthermore, recent strategic initiatives and various product launch in the domain of mobility aids are also aiding in driving the market growth of mobility aids devices in the region. For instance, in February 2022, Invacare Corporation launched its next generation of power assist devices - the e-fix eco, to transform the manual wheelchair. Thus, the new product launch with advanced technologies, innovative design, ease of use, and adaptability make it a valuable option for a wide range of users, driving market growth and encouraging further advancements in the field of mobility aids.
Mobility Aids Market Key Players:
Some of the key market players operating in the mobility aids include Invacare Corporation, Robooter, Sunrise Medical, Permobil, Ottobock, Changzhou Zhongjin Medical Co LTD, Miki Kogyosho Co Ltd, Carex, Matsunaga, Etac AB, GF HEALTH PRODUCTS INC, Ostrich Mobility Instruments Pvt. Ltd., NOVA Medical Products, LEVO AG, 21st Century Scientific Inc., Meyra Group GmbH, Pride Mobility Products Corp, Hoveround Corporation, Panthera AB, Karman Healthcare Inc,and others.Recent Developmental Activities In The Mobility Aids Market:
- In January 2024, Robooter launched an innovative power wheelchair X40 and offered a new space and mobility solution.
- In January 2024, MasterCard serves up Australia’s first wheelchair ballkid pilot program to demonstrate the potential of wheelchair users to be ballkids in tennis tournaments around the world.
- In April 2022, Permobil partnered with Mobvoi to bring its manual wheelchair for users with the SmartDrive PushTracker E3, a power assist solution and health tracking software with Mobvo.
- In March 2021, Invacare Corporation introduced the Next Generation Alber e-motion® power assist device for manual wheelchairs.
Key Takeaways From The Mobility Aids Market Report Study
- Market size analysis for current mobility aids market size (2023), and market forecast for 6 years (2024 to 2030)
- Top key product/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
- Key companies dominating the global mobility aids market.
- Various opportunities available for the other competitors in the mobility aids market space.
- What are the top-performing segments in 2023? How these segments will perform in 2030?
- Which are the top-performing regions and countries in the current mobility aids market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for mobility aids market growth in the coming future?
Target Audience Who Can Be Benefited From This Mobility Aids Market Report Study
- Mobility aids product providers
- Research organizations and consulting companies
- Mobility aid-related organizations, associations, forums, and other alliances
- Government and corporate offices
- Start-up companies, venture capitalists, and private equity firms
- Distributors and Traders dealing in mobility aids
- Various end-users who want to know more about the mobility aids market and the latest technological developments in the mobility aids market.
Frequently Asked Questions For The Mobility Aids Market:
1. What are mobility aids?
Mobility aids are devices designed to assist individuals with disabilities or injuries in moving around more easily and safely. These aids come in various forms, ranging from simple canes and walkers to more complex electric wheelchairs and mobility scooters.2. What is the market for mobility aids?
The global mobility aids market is estimated to grow at a CAGR of 5.11% during the forecast period from 2024 to 2030.3. What are the drivers for the global mobility aids market?
The demand for mobility aids is primarily being boosted by the growing incidence of spinal cord injuries and impairment disabilities due to various reasons including accidents, injuries, muscular dystrophy, chronic health conditions, and others. Furthermore, the increased focused on the needs and challenges of individuals with physical disabilities has enhanced the market of mobility aid. Additionally, the increasing number of product launches and technological advancements in mobility aids devices are some of the key factors driving the growth of the mobility aids market during the forecast period from 2024 to 2030.4. Who are the key players operating in the global mobility aids market?
Some of the key market players operating in the Mobility aids included Invacare Corporation, Robooter, Sunrise Medical, Permobil, Ottobock, Changzhou Zhongjin Medical Co LTD, Miki Kogyosho Co Ltd, Carex, Matsunaga, Etac AB, GF HEALTH PRODUCTS INC, Ostrich Mobility Instruments Pvt. Ltd., NOVA Medical Products, LEVO AG, 21st Century Scientific Inc., Meyra Group GmbH, Pride Mobility Products Corp, Hoveround Corporation, Panthera AB, Karman Healthcare Inc., and others.5. Which region has the highest share in the global mobility aids market?
North America is expected to account for the highest proportion of the global mobility aids market in 2023, out of all regions. This is due to the presence of a large patient pool suffering from impairment disabilities, paralysis, and spinal cord injuries. Furthermore, the mobility aids market is anticipated to grow on account of a large number of product launches and technological advancements in mobility aids devices across the region.This product will be delivered within 2 business days.
Table of Contents
1. Mobility Aids Market Report Introduction
2. Mobility Aids Market Executive Summary
4. Regulatory Analysis
5. Mobility Aids Market Key Factors Analysis
6. Mobility Aids Market Porter’s Five Forces Analysis
7. Mobility Aids Market Assessment
8. Mobility Aids Market Company and Product Profiles
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Invacare Corporation
- Robooter
- Sunrise Medical
- Permobil
- Ottobock
- Changzhou Zhongjin Medical Co LTD
- Miki Kogyosho Co Ltd
- Carex, Matsunaga
- Etac AB
- GF HEALTH PRODUCTS INC
- Ostrich Mobility Instruments Pvt. Ltd.
- NOVA Medical Products
- LEVO AG
- 21st Century Scientific Inc.
- Meyra Group GmbH
- Pride Mobility Products Corp
- Hoveround Corporation
- Panthera AB
- Karman Healthcare Inc.