New York, Feb. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Personal Mobility Devices Market - Growth, Trends, and Forecast (2019 - 2025)" - https://www.reportlinker.com/p05865816/?utm_source=GNW As per the revised World Population Prospects, by the United Nations, the number of people aged 60 or above is expected to grow greater than double by 2050, i.e. from 962 million in 2017 to 2.1 billion in 2050, globally. This age group is highly vulnerable to different types of age-related diseases, that require personal mobility aid. Furthermore, increasing research and development programs to address the issues and for product development by the key players propel the growth of the market. However, the lack of knowledge about advanced personal mobility devices, and less access to rehabilitation centers are the drawback to the growth of the market. Scope of the Report As per the scope of the report personal mobility devices have a major responsibility in advanced healthcare, as it helps in mobility of the disabled people and improves the independent living. This report is segmented by Product, by End User, and by Geography. Key Market Trends Wheelchairs emerged as the largest segment in personal mobility devices market - Wheelchair is one of the most popular assistive devices used in personal mobility. - Developments in wheelchair equipment, such as the introduction of electric wheelchairs & wheelchairs capable of storing medical history with the capability to make distress calls in crisis, as well as supervise a person’s health, are some of the factors driving the market. According to the Bureau Of Transportation Statistics, U.S. Department of Transportation, an estimated 25.5 million Americans have disabilities that make traveling outside the home difficult. The growing geriatric population who are more prone to mobility diseases is also a major factor for market growth. - Furthermore, the growing popularity of wheelchairs with advanced features due to an increasing number of patients is driving the market. In addition, the increasing number of product launches by players is expected to boost the growth of the market. North America Dominates the Market and Expected to do Same in the Forecast Period North America is expected to dominate the overall personal mobility devices market, throughout the forecast period. Due to the increasing geriatric population who are more prone to mobility disorders such as osteoporosis, rheumatoid arthritis, etc., the craze for the mobility aid has been rise in North America. The United States and Canada contributes to the major share of the region. The supportive government initiatives that reduce the burden of high cost of the devices, combined with growing reimbursement policies, have resulted in a high-volume usage of personal mobility devices. Moreover, manufacturers in North America have the access to novel technology, which enables the development of technologically advanced devices in a short span, which is a major factor for the growth of the market. Competitive Landscape The personal mobility devices market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Drive DeVilbiss Healthcare, GF Health Products, Inc., Invacare Corporation, Ottobock, Permobil, Stryker Corporation, Pride Mobility Products Corp, Sunrise Medical (US) LLC, Patterson Companies, Inc., ArjoHuntleigh Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - Report customization as per the client’s requirements - 3 months of analyst support Read the full report: https://www.reportlinker.com/p05865816/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

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