The Personal Mobility Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Personal Mobility Devices Market?
The market size for personal mobility devices has seen significant growth in recent years. The market will expand from a size of $11.74 billion in 2024 to $12.67 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Personal Mobility Devices Industry?
The Personal Mobility Devices Global Market Report 2025 projects a market size of $17.01 billion in 2029, with a compound annual growth rate (CAGR) of 7.6%.
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What are the Key Growth Drivers Fueling the Personal Mobility Devices Market?
The key drivers in the personal mobility devices market are:
• Expansion of micromobility services
• Rising demand for eco-friendly personal mobility devices
• Increasing trends for health and fitness, encouraging active transportation
• Growing use of swappable batteries in personal mobility devices
Global Market Segmentation: Identifying Major Personal Mobility Devices Industry Segments
The personal mobility devices market covered in this report is segmented –
1) By Product Type: Walking Aids, Handbikes, Mobility Scooters, Medical Beds, Stair-lifts, Power Add On Products, Wheelchairs, Other Product Types
2) By Distribution Channel: Wholesalers Or Distributors, Online Retailers, Multi-Brand Stores, Specialty Stores
3) By End User: Hospital And Clinics, Ambulatory Surgical Centers, Urgent Care Centers, Homecare Setting, Other End Users
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What are the Emerging Trends Shaping the Future of the Personal Mobility Devices Market?
The key trends in the personal mobility devices market are:
• There is an emerging trend of subscription-based Personal Mobility Devices (PMD) models.
• The integration of Internet of Things (IoT) features is becoming increasingly popular.
• There is a prominent focus on the development of vehicle-to-infrastructure communication in this market.
• Enhanced safety features, standards, and growth in foldable and portable designs are becoming a significant trend.
Who Are the Top Competitors & Leading Players in the Personal Mobility Devices Market?
Major players in the personal mobility devices market are:
• Medline Industries Inc.
• Stryker Corporation
• Hill Rom Holdings Inc.
• Ottobock
• Arjo AB
• Invacare Holdings Corporation
• NOVA Medical Products
• Permobil
• Sunrise Medical LLC
• DRIVE MEDICAL GMBH & CO. KG
• Performance Health Supply Inc.
• Pride Mobility Products Corp.
• Carex Health Brands Inc.
• Compass Health Brands
• GF Health Products Inc.
• Handicare Group
• Golden Technologies
• Falcon Mobility Singapore
• Rehabilitation Manufacturing Services Limited (RMS)
• Karman Healthcare
• Triride srl
• Eurovema Mobility AB
• Rollz International
Regional Dominance: Which Area Leads the Global Personal Mobility Devices Market?
North America was the largest region in the personal mobility devices market in 2024
