Changing Social Ideologies Coupled With Favorable Reimbursement Policies to Help Personal Mobility Devices Market Reach Sales worth ~US$18 Bn by 2027, Notes TMR

Changing Social Ideologies Coupled With Favorable Reimbursement Policies to Help Personal Mobility Devices Market Reach Sales worth ~US$18 Bn by 2027, Notes TMR

PR Newswire

ALBANY, New York, March 19, 2020

- The healthcare industry is now moving towards preventive care approach and in it, the concept of curative care takes a firm hold so as to improve the operational abilities of disabled population

Increasing R&D initiatives to improve the services provided to disabled people with new age devices and pocket-friendly reimbursement plans are helping to drive the market growth

ALBANY, New York, March 19, 2020 /PRNewswire/ -- Transparency Market Research has recently published a new research report offering detailed insights about the working dynamics of the global Personal Mobility Devices Market. The research report describes in detail about key growth factors, market inhibitors, prominent segments, overall scope of the vendor landscape, and the geographical outlook of the global market.

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As per the findings of the research report, the global personal mobility devices market is projected to showcase a promising CAGR of ~7% over the course of the mentioned forecast period of 2019 to 2027. With the given rate of growth, the market revenues are projected to rise up to US$18 Bn by the end of 2027. In 2018, around 46 million devices were sold globally and overall valuation of the market stood at ~US$9.8 bn.

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Personal Mobility Devices Market by Product: Medical Mobility Aids & Ambulatory Devices (Wheelchairs, Mobility Scooters, Canes, Crutches, Walkers), Medical Furniture & Bathroom Safety Products (Patient Lifts, Stair Lifts, Medical Beds, Bars & Railings, Commodes & Shower Chairs). Read Detailed TOC of the Report - 

Global Personal Mobility Devices Market – Key Takeaways

Global Personal Mobility Devices Market – Prominent Growth Drivers

Download a PDF Brochure of Report - 

Global Personal Mobility Devices Market – Prominent Growth Inhibitors

Global Personal Mobility Devices Market – Geographical Outlook

Analyze Personal Mobility Devices Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Global Personal Mobility Devices Market – Key Players

Some of the prominent players in the global market are Pride Mobility Products Corp., Permobil AB, Sunrise Medical (US) LLC, Patterson Companies, Inc., and ArjoHuntleigh among others.

Global Personal Mobility Devices Market: Segmentation

Personal Mobility Devices Market by Product

Personal Mobility Devices Market by Region

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Wheelchairs Market - The global wheelchairs market is expected to reach a value of about US$ 6,253.6 Mn by the end of 2026, expanding at a high single digit CAGR during the forecast period. Rise in geriatric population, increase in disabled population, adoption and awareness of advanced wheelchairs products, improvement in healthcare infrastructure, and favorable reimbursement policies are expected to boost the global wheelchairs market during the forecast period.

Rheumatoid Arthritis Drugs Market - In 2016, the global market for rheumatoid arthritis drugs was valued at US$ 19597.43 Mn. It is expected to expand at a CAGR of 2.96% from 2018 to 2026. Several therapeutics and medication have been developed in recent years, to relieve and treat the symptoms of rheumatoid arthritis. Most commonly used drugs are disease modifying anti-rheumatic drugs (DMARDs), Nonsteroidal anti-inflammatory drugs (NSAID's), corticosteroids, and biologic drugs. 

Medical Mobility Aid Market - Medical mobility aid, also known as repositioning aid or device, is primarily used in healthcare facilities for mobility of patients. They provide an easy and safe way to move and transfer patients, helping them to be more independent and mobile. Medical mobility aid is required for an older population for day-to-day activities, for those recovering from surgery or injury or any other medical condition, and also by those who are injured permanently

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