Global Personal Mobility Devices Market Business Share, Future Scope and Global Opportunities Forecast to 2026
Growing disability cases are expected to drive the growth of the worldwide demand for personal mobility devices. About 53 million people in the U.S. suffered from some form of disability in 2013, according to the Centers for Disease Control and Prevention (CDC). In addition, the most common form of disability observed was mobility disability, which, according to the same source, accounted for around 1 in 8 adults among all cases of disability. Similarly, the global population aged over 60 years was 962 million in 2017, according to the World Population Prospects, and is projected to hit around 2,1 billion by 2050. The population aged 60 years and above is growing more rapidly globally than all younger age groups. This demographic group is particularly vulnerable to multiple forms of age-related diseases, such as diabetes, arthritis and renal insufficiency, metabolic changes, Parkinson’s disease, organ failure, and nervous disorders.
In 2019, wheelchairs were the largest segment by product due to increased demand for powered wheelchairs, especially in developed countries such as the United States and Germany. Personal mobility devices market (PMDs) shall include kick-scooters, electric scooters, electric unicycles, electric hover boards.Due to its ability to handle heavy weight, increased height, and handle adjustment mechanisms, premium rollers are identified as the most lucrative segment in this industry.
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