Rising cases of orthopedic diseases and high demand for mobility scooters is expected to drive the demand for United States mobility aid medical devices market for the forecast period.
According to TechSci Research report, “United States Mobility Aid Medical Devices Market By Product (Wheelchairs, Walking Aids, Mobility Lifts, Slings, Tricycles, Mobility Scooters) By End User (Personal v/s Institutional) By Company, By Region, Forecast & Opportunities, 2026”, the United States mobility aid medical devices market is expected to witness significant growth for the next five years. Mobility aid devices are designed to assist elderly, disabled and the people suffering from critical injuries to move from one place to another with greater freedom and convenience. People suffering from mobility problems can choose a mobility device according to their requirements for range of motion. Increase in the life expectancy of the people is enabling them to live for longer time due to there is continuous rise of the old age population present in United States.
Aging affects the movement ability of the person and impacts the freedom to perform physical tasks adversely. Old age people are more prone to falling and cause injuries which surges the need for emergency treatment from hospital facilities and fuels the demand for mobility aid devices. Introduction of automated rollators, mobility scooters and transfer lifts, lockable wheels, oxygen tank holders, lighter frame, pressure brakes and extended weight-bearing capacity is boosting the demand for mobility aid medical devices. Rise in disposable income along with favorable reimbursement policies is further expected to bolster the growth of the mobility aid medical devices for the next five years.
The COVID-19 outbreak across the world which has been declared as pandemic by World Health Organization has affected countries adversely. Leading authorities in United States imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus affected patients started suffering from shortness of breath along with coughing and sneezing. United States authorities increased the capacity of hospitals as a greater number of patients were getting affected daily and getting admitted into the hospital facilities. Manufacturing units were shutdown and disruption in supply chain was observed which led to adversely affect the market growth.
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US mobility aid medical devices market is segmented into product, end user, regional distribution, and company. Based on product, market is further divided into wheelchairs, walking aids, mobility lifts, slings, tricycles, and mobility scooters. The wheelchair segment is expected to account for major market share for the forecast period, 2022-2026. Rise in demand for wheelchairs due to surge in accidental mobile deformities and other disorders is fostering the market demand. Support from the leading authorities of United States for production, development and distribution and after-service of mobility aid medical devices to ensure quality living standards of people is boosting the demand for mobility devices for the next five years. Wheelchairs can be bifurcated into electric wheelchair and manual wheelchairs. Electric wheelchair is in high demand due to increased independence as it can be controlled by the patient without the support from another person.
Stryker Corporation, Hill-Rom Holdings, Inc., Getinge USA, Inc. (ArjoHuntleigh), Invacare Corporation, Paramount Bed USA Corporation, Pride Mobility Products Corporation, Otto Bock HealthCare North America, Inc., Karman Healthcare Inc., Sunrise Medical (US) LLC, GF Health Products, Inc. are the leading players operating in US mobility aid medical devices market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several mobility aid medical devices manufacturers are coming up with their technologically advanced offerings.
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“Growing demand for customized mobility aid medical devices along with the rise in awareness about the technological advancements in mobility aid medical devices is expected to accelerate the growth of the market. High research and development investments by the major market players such as launch of a device known as eye cane which can be used as primary and secondary mobility aid by blind people to avoid the hurdles and providing of stair lifts installed with backup batteries is anticipated to propel the mobility aid medical devices market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Mobility Aid Medical Devices Market By Product (Wheelchairs, Walking Aids, Mobility Lifts, Slings, Tricycles, Mobility Scooters) By End User (Personal v/s Institutional) By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of United States mobility aid medical devices market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of United States mobility aid medical devices market.
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