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Global Portable Mobility Scooters Market Price 2024, Forecast To 2033

7 Nov, 2024

The portable mobility scooters market size has seen rapid growth recently, projected to rise from $4.55 billion in 2023 to $5.12 billion in 2024, reflecting a compound annual growth rate (CAGR) of 12.4%. This growth can be attributed to an increasing elderly demographic, rising rates of disability, heightened healthcare awareness, the expansion of distribution channels, and the growing availability of customizable scooters. In the coming years, the portable mobility scooters market is expected to continue its robust growth, reaching $8.22 billion by 2028 at a CAGR of 12.6%. This growth is driven by government and private insurance programs, an expanding product portfolio, a focus on inclusive design, the rise of e-commerce, and the expansion of rental services. Major trends that are expected to shape the market during this period include the development of intuitive control systems, advancements in voice recognition technology, enhancements in augmented reality (AR), social media connectivity, and the introduction of collision detection systems.

Global Portable Mobility Scooters Market Key Driver

Rising pollution levels are projected to drive growth in the portable mobility scooter market. Pollution stems from industrial activities and urbanization, leading to the need for eco-friendly transport options. Portable mobility scooters reduce reliance on cars, thereby lowering vehicle emissions and congestion. In June 2024, the Environmental Protection Agency noted that transportation accounted for 28% of total U.S. greenhouse gas emissions in 2022. Thus, increasing pollution levels are propelling the portable mobility scooter market.

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Global Portable Mobility Scooters Market Segments

The portable mobility scooters market covered in this report is segmented –
1) By Type: Boot Scooters, Mid-Size Scooters, Road Scooters
2) By Distribution Channel: Original Equipment Manufacturer (OEM), E-Commerce, Other Distribution Channels
3) By Application: Commercial, Residential
By Geography:The regions covered in the portable mobility scooters market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. North America was the largest region in the portable mobility scooters market in 2023.

Major Portable Mobility Scooters Industry Players

Invacare Corporation, Sunrise Medical LLC, Drive DeVilbiss Healthcare Inc., Pride Mobility Products Corporation, Medserv Equipment Corporation, Hoveround Corporation, Roma Medical Ltd., Merits Health Products Inc., TGA Mobility Ltd., Golden Technologies Inc., Zip’r Mobility LLC, Van Os Medical B.V., Luggie Scooters LLC, Afikim Electric Vehicles Ltd., HeartWay USA Inc., Di Blasi Industries Inc., eFOLDi Ltd., Marc's Mobility LLC, SupaScoota International Pty Ltd., Tzora Active Systems Ltd

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Portable Mobility Scooters Market Overview

Portable mobility scooters refer to compact, lightweight mobility devices designed to help individuals with mobility challenges move more easily. Portable mobility scooters are utilized by individuals with mobility challenges to easily navigate their surroundings, providing them with greater independence and freedom to move both indoors and outdoors.

Portable Mobility Scooters Global Market Report 2023 provides data on the global portable mobility scooters market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The portable mobility scooters market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.