Published on : Aug 28, 2019
Albany, New York, August 28, 2019: Personal mobility devices have become a matter of equity for people with disabilities as they propel their access to work and social life, education and improve their participation in their communities. Further, personality mobility devices have soared in popularity among older people. World Health Organization, in its Convention on the Rights of Persons with Disabilities (CRPD) Article 20 appeals government to take qualitative measures to ensure personal mobility devices are available at ‘affordable cost.’ Initiatives undertaken by government and non-government organizations have instilled confidence among players in personal mobility devices market which is projected to expand at growth rate of ~7% through 2027.
These insights are according to the intelligence report, titled, “Personal Mobility Devices Market—Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2019-2027,” which has been of late added to Market Research Hub’s (MRH) ever-expanding armamentarium.
Medical mobility aids and ambulatory devices segment is expected to reign supreme in the personal mobility devices market with the segment buoyed by soaring geriatric and disabled population. Besides, dominance of wheelchair sub-segment is attributed to robust development in sub-segment. For instance, a wheelchair that can be pushed forward by neural impulses was designed in 2016; and sports wheelchair have been developed for application during specific sports.
Accordingly, personal mobility devices have been highly-sought after among people suffering from arthritis, developmental disabilities, cerebral palsy, gout, spina bifida, namely. Prevalence of these diseases and implications in North America has made the region supremely dominant in personal mobility devices market. Meanwhile, Asia Pacific will potentially offer lucrative opportunity as the region gets replete with advanced technology; awareness campaigns pertaining to use of mobility devices; and significant effort to wipe out stigma.
Personal Mobility Devices Market: Report Content
Quantitative and qualitative assessment exhort intelligence and overarching report on the personal mobility devices market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the personal mobility devices market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on personal mobility devices.
An insightful and deep-dive assessment of the competitive assessment of the personal mobility devices market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the personal mobility devices market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Personal Mobility Devices Market: Research Methodology
Primary sources and secondary sources propel intelligence report on personal mobility devices market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on personal mobility devices market further acknowledges secondary sources-namely-Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.
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