Personal Mobility Devices Market (By Product: Walking Aids, Wheelchairs, Scooters) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033


Personal Mobility Devices Market Size and Growth 2024 to 2033

The global personal mobility devices market size was valued at USD 11.35 billion in 2023 and is anticipated to reach around USD 21.95 billion by 2033, growing at a CAGR of 6.82% from 2024 to 2033. As the world's population ages, elderly people are becoming increasingly in need of mobility aids. This drives the growth of the personal mobility devices market.

Personal Mobility Devices Market Size 2024 to 2033

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Personal Mobility Devices Market Key Takeaways

  • The North America personal mobility devices market size accounted for USD 4.09 billion in 2023 and is expected to attain around USD 8.01 billion by 2033, poised to grow at a CAGR of 6.95% between 2024 and 2033.
  • North America led the market with the biggest revenue share of 36% in 2023.
  • Asia Pacific is expected to expand at the fastest CAGR of 8.22% during the forecast period.
  • By product, the wheelchair segment held the largest revenue share of 47% in 2023.
  • By product, the scooter segment is expected to grow rapidly in the market during the forecast period.

U.S. Personal Mobility Devices Market Size and Growth 2024 to 2033

The U.S. personal mobility devices market size was estimated at USD 3.06 billion in 2023 and is predicted to be worth around USD 6.05 billion by 2033 with a CAGR of 7.05% from 2024 to 2033.

U.S. Personal Mobility Devices Market Size 2024 to 2033

North America dominated the personal mobility devices market in 2023. The personal mobility devices market in North America has experienced notable expansion in recent times due to various factors, such as an aging population, a rise in the incidence of disabilities, technological advancements, and an increasing recognition of the significance of accessibility and mobility. Wheelchairs, mobility scooters, walking aids, and other assistance equipment are examples of the many goods that fall under the category of personal mobility devices. In order to satisfy the wide range of demands and preferences of consumers, manufacturers are placing an increased emphasis on providing individualized and adaptable mobility solutions. In the market for personal mobility devices, manufacturers are putting more of an emphasis on sustainability and creating goods that have less environmental impact.

Personal Mobility Devices Market Share, By Region, 2023 (%)

Asia Pacific is expected to hold the fastest-growing personal mobility devices market during the forecast period. The region's personal mobility devices market has grown significantly in recent years. Electric scooters, mobility scooters, electric wheelchairs, and other assistive devices that improve personal mobility for those with impairments or those looking for easy urban transit options are just a few of the many products available in this sector. The need for assistive technology and mobility aids to help older people keep their independence and mobility is rising as a result of the aging populations in several of the region's nations. Consumers of all ages are becoming more and more in need of personal mobility devices due to changing lifestyles that place more value on health and fitness as well as accessible and adaptable transportation alternatives.

Asia Pacific Personal Mobility Devices Market Size and Growth 2024 to 2033

The Asia Pacific personal mobility devices market size was calculated at USD 2.61 billion in 2023 and is projected to expand around USD 5.16 billion by 2033, poised to grow at a CAGR of 7.07% from 2024 to 2033.

Forecast Year Market Size (USD Billion)
2023 $ 2.61 Billion
2024 $ 2.79 Billion
2025 $ 2.98 Billion
2026 $ 3.18 Billion
2027 $ 3.40 Billion
2028 $ 3.63 Billion
2029 $ 3.88 Billion
2030 $ 4.14 Billion
2031 $ 4.43 Billion
2032 $ 4.73 Billion
2033 $ 5.16 Billion

 

Personal Mobility Devices Market Overview

The personal mobility devices market refers to the industry that deals with the production and commercialization of products that aid personal mobility and other related services. These devices can either be manually moved or propelled electrically and are generally used by impaired individuals to move around. Depending on the kind of gadget, the market can be divided into different groups, such as those for wheelchairs, mobility scooters, walkers, canes, and crutches. Furthermore, an expanding market exists for electric-powered equipment such as electric scooters and wheelchairs.

Healthcare facilities, medical equipment stores, specialized shops, and internet retail platforms are some of the outlets by which personal mobility devices are sold. Because they are so accessible and convenient, online sales have increased significantly. Also, the need for personal mobility devices to help seniors maintain their independence and mobility is growing as the world's population ages.

The personal mobility devices market is expanding rapidly in these nations due to factors such as better healthcare facilities, rising disposable income, and fast urbanization. The market for personal mobility devices is anticipated to rise due to several factors, including continued technical breakthroughs, increased healthcare infrastructure investment, and expanding public awareness of accessibility and disability rights. Different regions have different regulatory norms and restrictions, affecting how personal mobility device makers create, manufacture, and market their products.

Personal Mobility Devices Market Growth Factors

  • As the world's population ages, the need for mobility aids to preserve independence and quality of life among the elderly is rising. Personal mobility devices such as wheelchairs, walking aids, and mobility scooters serve this group.
  • Technological developments have resulted in the creation of novel personal mobility devices with enhanced features, including enhanced maneuverability, longer battery life, lightweight materials, and smart functions. These improvements increase the attractiveness of the personal mobility devices market.
  • The demand for the personal mobility devices market has increased due to the rising incidence of impairments caused by a variety of ailments, including multiple sclerosis, arthritis, and chronic illnesses, as well as accidents and injuries. With the help and support of these gadgets, people with mobility disabilities can live more independent and active lives.
  • The need for personal mobility devices in the market has increased due to urbanization and the development of infrastructure, such as accessible public places and transportation networks. These gadgets make it easier for people to move around in cities, particularly in places where accessibility may be restricted.
  • The demand for personal mobility devices has been driven by changes in lifestyle preferences, such as a desire for a more independent and active lifestyle. More and more customers are looking for items that allow them to continue being mobile and independent while participating in everyday activities and social interactions.
  • The personal mobility devices market serves differently-abled people by offering mobility convenience and independence.

Personal Mobility Devices Market Scope

Report Coverage Details
Personal Mobility Devices Market Size in 2023 USD 11.35 Billion
Personal Mobility Devices Market Size in 2024 USD 12.12 Billion
Personal Mobility Devices Market Size by 2033 USD 21.95 Billion
Personal Mobility Devices Market Growth Rate CAGR of 6.82% from 2024 to 2033
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Personal Mobility Devices Market Dynamics

Driver: Health and wellness trends

Since they can be adjusted to suit different needs and preferences and lower the chance of musculoskeletal problems, devices with adjustable features like handlebars, seats, and footrests are becoming increasingly popular. Users can obtain individualized health data, get real-time feedback, and even take part in virtual coaching sessions or fitness challenges thanks to integration with smartphone apps and wearable technology. This connectedness encourages users to remain active and involved, which cultivates a sense of community and accountability. Personal mobility devices are increasingly being included with basic safety features like anti-tip mechanisms, autonomous braking systems, and collision detection technology. These developments not only keep people safe but also give them confidence, which motivates them to go outside and be active.

Restraint: Perception and stigma

Personal mobility gadgets have not traditionally been viewed as lifestyle items but rather as medical aids. People's desire to use these gadgets and their self-image when utilizing them may be impacted by this impression. The way people perceive personal mobility gadgets is becoming more and more influenced by their appearance. Stylish and adaptable designs can promote greater acceptance of these devices and lessen stigma. Even with initiatives to advance accessibility and diversity, social stigma around personal mobility devices persists. Users might experience discomfort, sympathy, or even discrimination from others, which could make them feel embarrassed or self-conscious. Perceptions of personal mobility devices might be influenced by gender norms since certain designs and characteristics may be associated with a particular gender more than another.

Opportunity: Urbanization and last-mile connectivity

In recent years, the personal mobility devices market has been greatly impacted by urbanization and last-mile connections. The need for effective and practical short-distance transit options is rising as cities get denser and traffic congestion gets worse. Electric scooters, electric bikes, and electric skateboards are a few examples of personal mobility gadgets that have gained popularity as answers to these problems. Cities are growing denser as a result of more people relocating there, which causes traffic jams and longer commutes. In order to overcome the inefficiencies of public transportation and reduce dependency on conventional forms of transportation, personal mobility devices provide a quicker and more flexible option for short-distance travel.

Product Insights

The wheelchair segment held the largest share of the personal mobility devices market in 2023. Within the personal mobility devices market, the wheelchair category includes a broad range of items intended to help people with disabilities or mobility impairments move about. These are the most popular kinds of wheelchairs, which can be pushed by a caregiver or used by the user themselves. Generally speaking, they are portable, lightweight, and available in a variety of configurations to meet the demands of different users. Wheelchairs intended for sports, outdoor activities, or traversing rough terrain fall under this category. For maximum comfort and performance, they could include upgraded suspension systems, all-terrain tires, or unique seating arrangements. Wheelchair manufacturers may now customize wheelchairs to meet specific needs and tastes by adding features like footrests, armrests, and seating that can be adjusted.

Personal Mobility Devices Market Share, By Product, 2023 (%)

The scooters segment is expected to grow rapidly in the personal mobility devices market during the forecast period. Compact and effective forms of transportation are becoming more and more necessary as cities get denser with population. For short-distance commuting, scooters offer a practical option, particularly in crowded cities. Scooters bridge the gap between ultimate destinations and public transportation hubs, providing a practical way to travel short distances that are difficult to reach by other methods. Scooters provide a more cost-effective choice for short-distance commuting when compared to car ownership or even frequent use of ride-sharing services. They are appealing to a broad spectrum of customers because of their price. The desire for better lifestyles and worries about air pollution and traffic congestion has led to a cultural movement towards alternative forms of transportation.

Personal Mobility Devices Market Recent Developments

  • In April 2024, United Airlines, a Chicago-based airline, introduced a new digital tool on its website and app that helps users who use wheelchairs locate flights that best suit their individual mobility device's specifications. The airline further declared that if a customer needs to pay extra for a flight that can accommodate their wheelchair, they may request a refund of the fare difference.
  • In July 2023, In the quickly expanding e-mobility sector, the Chinese electronics giant Xiaomi has made a name for itself. Many of Xiaomi's personal mobility products, like its electric scooters and bicycles, as well as its amusing vehicles like an electric go-kart and monowheel, are useful and entertaining for city inhabitants. In light of this, Xiaomi keeps adding to its already vast range of personal mobility gadgets. The company has introduced the Electric Scooter 4 Go, their newest scooter, in Europe.

Personal Mobility Devices Market Companies

  • Invacare Corporation
  • Pride Mobility
  • Kaye products
  • Briggs Healthcare
  • Carex Health brand
  • GF Health products
  • Ottobock
  • Permobil
  • Electric mobility
  • Euroverma
  • Medline industries
  • Rollz International
  • Stryker corporation

Segment Covered in the Market

By Product

  • Walking Aids
  • Wheelchairs
  • Scooters

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East & Africa

Frequently Asked Questions

How big is the personal mobility devices industry?
The global personal mobility devices market size is expected to increase USD 21.95 billion by 2033 from USD 11.35 billion in 2023.
What is the growth rate of the personal mobility devices industry?
The global personal mobility devices market will register growth rate of 6.82% between 2024 and 2033.
Who are the prominent players operating in the personal mobility devices market?
The major players operating in the personal mobility devices market are Invacare corporation, Pride Mobility, Kaye products, Briggs Healthcare, Carex Health brand, GF Health products, Ottobock, Permobil, Electric mobility, Euroverma, Medline industries, Rollz International, Stryker corporation, and Others.
Which are the driving factors of the personal mobility devices market?
The driving factor of the personal mobility devices market is an increased due to urbanization and the development of infrastructure.
Which region will lead the global personal mobility devices market?
North America region will lead the global personal mobility devices market during the forecast period 2024 to 2033.

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