The global market for electric mobile devices exceeds USD

New York, United States, June 19, 2024 (GLOBE NEWSWIRE) — The global electric mobility device market size is expected to grow from $4.57 billion in 2023 to $8.40 billion by 2033, at a compound annual growth rate. growth rate (CAGR) of 6.28% over the forecast period.

Download a sample brochure in PDF format: https://www.sphericalinsights.com/request-sample/4515

Powered mobility devices are non-motorized devices designed for use by inmates with mobility disabilities or limited mobility to provide mobility assistance. Wheelchairs, crutches, walkers, canes and harnesses are just some examples of powered mobility devices. These devices offer a number of benefits that significantly improve the lives of people with mobility problems. The development of passive standing positions is the latest advancement in the design of power wheelchairs and has several advantages such as reduced sitting pressure, reduced bone demineralization, increased bladder pressure, improved orthostatic circulatory control, reduced muscle tone, less stress on upper limb muscles, and improved general functional condition. Technological advancements in products and an increase in the number of disabilities, including age-related disorders, injuries and diseases, are contributing significantly to driving the global electric mobility device market. The increasing incidence of cancer and the growing demand for personalized devices are driven by market demand. On the contrary, lack of awareness and stringent regulatory frameworks limit global electric mobile devices.

Browse industry highlights spread over 230 pages with 110 market data tables and numbers and charts from the report on the website ” Global Powered Mobile Devices Market Analysis of the size, share and impact of COVID-19, according to type of product (powered wheelchairs, accessory/power assist units and electric vehicles), by patient (children and adults), by distribution channel (stationary store and online channel), by end use (hospitals, home care, rehabilitation centers and other), and by region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), analysis and forecast for 2023-2033”

Buy now Full report: https://www.sphericalinsights.com/checkout/4515

The electric wheelchair segment dominates the market and accounts for the largest share of revenues in 2023.
Based on product type, the global powered mobility device market is segmented into powered wheelchairs, powered auxiliary/power assist units and electric powered vehicles. Among them, the electric wheelchair segment dominates the market with the largest share in revenues in 2023. Power wheelchairs feature comfortable seats and adjustable footrests, with additional features like padded armrests and headrests. There is an increasing demand for power wheelchairs among the geriatric population due to age-related diseases that limit physical mobility.

The adult segment had the largest market share in 2023.
Depending on the patient, the global electric mobility device market is segmented into pediatric and adult segments. Of these, the adult segment accounted for the largest market share in 2023. Older patients use mobility equipment such as wheelchairs, walkers and canes to compensate for impaired balance, coordination, sensation, strength and increased fall risk. The demand for motorized chairs for everyday tasks is driven by the increasing incidence of chronic diseases such as muscular dystrophy, spinal cord injuries and multiple sclerosis.

Brick and mortar the segment will dominate the global powered mobile devices market in 2023.
Based on distribution channel, the global electric mobile devices market is segmented into stationary and online channels. Among them, the stationary segment dominated the global electric mobile devices market in 2023. The stationary segment benefits from greater convenience, easily accessible customer service and personal shopping. Additionally, it is a valuable help for store employees when purchasing equipment.

The home care segment is expected to hold the largest market share during the forecast period.
Based on end-use, the global electric mobility device market is segmented into hospitals, home care, rehabilitation centers, and others. Among them, the home care segment is expected to account for the largest market share during the forecast period. Thanks to powered mobile devices, people can perform daily chores and move around comfortably in their own homes. These devices are designed for home use and are often compact and nimble, helping users easily navigate through doors and other areas of the home. The rising incidence of chronic diseases and mobility problems is increasing the demand in the market.

Ask before purchasing this research report: https://www.sphericalinsights.com/inquiry-before-buying/4515

North America dominates the market with the highest market share during the forecast period.

North America dominates the market with the highest market share during the forecast period. The integration of powered mobile devices is further facilitated by the availability of rehabilitation services, assistive technology centers and a network of medical experts. Rehabilitation Engineering Research Center programs have received doubled funding from the U.S. government to accelerate research in the field of personal mobility. The creation of sophisticated and user-friendly powered mobile devices is being positively influenced by technological innovations and developments in battery technology.

The Asia-Pacific region is expected to experience the fastest growth over the forecast period. The growing demand for cutting-edge technology in healthcare solutions and the growing geriatric population in countries such as China, India and Japan are contributing significantly to the market demand for electric mobile devices. Extensive research and development activities undertaken by many organizations, including the China Rehabilitation Research Center (CRRC), are expected to drive the market in the region. Additionally, rising awareness, high healthcare costs and emphasis on improving access to healthcare are driving market expansion in the region.

Competition analysis:

The report provides a proper analysis of the key organizations/companies involved in the global market along with a comparative assessment based primarily on their product offerings, business overview, geographical presence, enterprise strategies, market segment share and SWOT analysis. The report also includes extensive analysis focusing on current news and company developments, which covers product development, innovation, joint ventures, partnerships, mergers and acquisitions, strategic alliances and more. This allows you to assess the overall competition in the market. Major suppliers in the global electric mobility device market include GF Health Products, Inc., Invacare Corporation, Drive DeVilbiss Healthcare, Golden Technologies, Hoveround Corporation, Karman Jealthcare, Inc., Recare Ltd., MEYRA GmbH, Carex Health Brands, Inc. , LEVO AG, Pride Mobility Products Corporation, Merits Health Products, Inc., Permobil AB, Sunrise Medical, National Seating & Mobility, Inc., Numotion and other key players.

Get discount @ https://www.sphericalinsights.com/request-discount/4515

Last changes

• In October 2023 Sunrise Medical has completed the strategic acquisition of Ride Designs. This acquisition represents a significant expansion of Sunrise Medical’s custom seating offerings, clinical expertise and service capabilities, perfectly complementing the extensive range of manual and powered mobility products already offered by Sunrise Medical.

Segment of the market
This study forecast revenues at the global, regional and country levels from 2020 to 2033. Spherical Insights has segmented the global electric mobile devices market based on the following segments:

Global Powered Mobile Devices Market, Product Type Analysis

• Powered wheelchairs
• Additional/drive support units
• Electric vehicles

Global Powered Mobile Devices Market, Patient Analysis

Global market for powered mobile devices, analysis of distribution channels

• Brick and mortar
• Online channel

Global Powered Mobile Devices Market, End-Use Analysis

• Hospitals
• Home care
• Rehabilitation centers
• Others

Global Powered Mobile Devices Market, Regional Analysis

• North America
• Europe
  • Germany
  • Great Britain
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia and the Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • The rest of Asia and the Pacific
• South America
  • Brazil
  • Argentina
  • The rest of South America
• Middle East and Africa
  • United Arab Emirates
  • Saudi Arabia
  • runny nose
  • South Africa
  • The rest of the Middle East and Africa

View related reports

Global mineral supplements market size, Sharing and analysis of the impact of COVID-19 by composition (powder, capsules and tablets, liquid and others), by product (calcium and magnesium), by end use (men, women and children), and by region (North America, Europe, Asia and Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2023 – 2033

Global Nasal Sprays Market Size, Share and analyze the impact of COVID-19 by product type (corticosteroids, seawater solutions, topical decongestants, antihistamines and others), by use (nasal allergies, cold-induced asthma and others), by age group (children and adults), By distribution channels (drugstores and retail pharmacies, hospital pharmacies and online pharmacies) and by region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), analyzes and forecasts for 2023-2033

Global Insulin Glargine Market Size, Sharing and analyzing the impact of COVID-19 by type (Lantus, Basaglar, Toujeo, Soliqua, Rezvoglar and others), by diabetes type (type 2 diabetes, type 1 diabetes), by distribution channel (hospital pharmacies, online pharmacies and retail) Pharmacies ) and by region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and forecast for 2023-2033

Global Bipolar Disorder Market Size, Share and analyze the impact of COVID-19 by type (bipolar I disorder, bipolar II disorder, cyclothymic disorder, other), by drug class (mood stabilizers, anticonvulsants, antipsychotics, antidepressants), and by region (North America, Europe ), Asia-Pacific, Latin America, Middle East and Africa), analysis and forecast for 2023-2033

Information about spherical insight and consulting

Spherical perceptions & Consulting is a market research and consulting company that provides practical market research, quantitative forecasting and trend analysis, providing future-proof insight specifically designed for decision-makers and helping you achieve return on investment.

Which serves various industries such as financial sectors, industrial sectors, government organizations, universities, non-profit organizations and corporates. The company’s mission is to work with enterprises to achieve business goals and sustain strategic improvements.

CONTACT US:

For more information about your target market, please contact us below:

Telephone: +1 303 800 4326 (US)

Telephone: +91 90289 24100 (APAC)

E-mail: [email protected], [email protected]

Contact us: https://www.sphericalinsights.com/contact-us

Follow us: LinkedIn | Facebook | Twitter