US Mobility Aids Market Size and Forecasts (2020-2030)

US Mobility Aids Market Size and Forecasts (2020-2030)

US Mobility Aids Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Wheelchairs and Walking Aids), Application (Neurologically Impaired, Handicap Patients, and Other Applications), Type of Supplier (Branded and Unbranded), End User (Hospitals and Clinics, Rehabilitation Centers, Ambulatory Surgical Centers, and Homecare), and Distribution Channel (Online and Offline)

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Description

The US mobility aids market size was valued at US$ 2.965 Bn in 2022 and is expected to reach US$ 4.513 Bn by 2028; it is estimated to record a CAGR of 7.2% from 2022 to 2028. The factors driving the market include increasing geriatric population, and rising mobility impairment disorder cases, However, high cost of devices hinder the market growth.

Availability of More Efficient, User-Friendly, and Accessible Devices with Technological Advancements Opportunity for Growth of Mobility Aids Market

Advanced mobility aids such as AI-integrated devices, foldable wheelchairs, and electric scooters make transportation more accessible for end users. According to NVIDEA, the autonomous wheelchair project from the Karunya Institute of Technology and Sciences in Coimbatore, India, focuses on improving mobility for people with disabilities by employing the NVIDIA Jetson platform for edge AI and robotics. The newly designed autonomous motorized wheelchair has USB cameras, lidar sensors, and depth sensors, enabling it to sense its surroundings and map a clear path to the user’s destination. The NVIDIA Jetson Nano Developer Kit processes the data obtained from cameras and sensors in real time. In the next step, the Karunya Institute of Technology and Sciences focuses on detecting environmental impediments using computer vision models based on deep learning.

This advancement improves user experience and reduces the risk of pressure sores and other complications associated with prolonged use. Thus, technological advancements have the potential to revolutionize the mobility aids market, by supporting the development and launch of more efficient, user-friendly, and accessible devices, which presents significant opportunities for market players, allowing them to cater to a broader range of individuals with mobility impairments

Product Type-Based Insights

Based on product type, the mobility aids market is segmented into wheelchairs and walking aids. The wheelchairs segment is further bifurcated into powered, unpowered, and smart. The walking aids segment is also further classified into walkers, crutches, rollators, walking sticks and canes. However, the walking aids segment is anticipated to register a higher CAGR of during 2022-2028.

Application-Based Insights

The mobility aids market, by application, is segmented into neurologically impaired, handicap patients, and other applications. In 2022, the neurologically impaired segment held the largest share of the market and is expected to grow at the fastest rate during the coming years.

Type of Supplier-Based Insights

The mobility aids market, by type of supplier, is bifurcated into branded and unbranded. The branded segment held a larger share of the mobility aids market share in 2022. However, the unbranded segment is anticipated to register a higher CAGR of during 2022-2028.

End User-Based Insights

The mobility aids market, by end users, is segmented into homecare, hospitals and clinics, rehabilitation centers, and ambulatory surgical centers. In 2022, the homecare segment held the largest share of the market.

Distribution Channel-Based Insights

The mobility aids market, by distribution channel, is segmented into online and offline. The offline segment held the most significant market share in 2022. However, the online segment is anticipated to register a highest CAGR during 2022-2028

A few of the major primary and secondary sources referred to while preparing the report on the mobility aids market are the Centers for Disease Control and Prevention, National Spine Health Foundation, Osteoarthritis (OA) Action Alliance.

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According to our new research study on “US Mobility Aids Market Forecast to 2028 – US Analysis – by Product Type, Application, Type Of Supplier, End User, Distribution Channel,” the Mobility aids market size was valued at US$ 2.965 billion in 2022 and is projected to reach US$ 4.513 billion by 2028. It is estimated to register a CAGR of 7.2% during 2022–2028.

A mobility assist is a tool that facilitates walking for those with mobility issues or otherwise enhances their mobility. Devices called mobility aids are made to make moving around easier for the elderly and disabled. Additionally, patients who have trouble moving around in their in-home care environments can be transported using these goods. Braces, canes, crutches, and walkers are a few examples of mobility aids. Walking aids include crutches, walkers, and assistive canes, commonly referred to as walking sticks. According to the demands of the individual user, these devices can provide any or all of the following: improved stability, decreased lower-limb burden, and movement generation, helping to maintain upright ambulation.

With age, people become more susceptible to mobility limitations, as a result of which they require medical assistance or aid to avoid dependence on other individuals. The global population is aging rapidly, and the number of older adults is expected to increase significantly in the coming years. According to the 2020 Census, in the US, the population aged 65 and above surged at a rate nearly five times faster than the overall population growth during 1920–2020. In 2020, 55.8 million Americans, i.e., 16.8% of the total population, were aged 65 and above. Further, 13% of Brazil’s population—more than 30 million seniors—is aged 60 or more; this population is expected to reach ~50 million by 2030, i.e., 24% of the country’s population.

Older adults often face challenges such as reduced muscle strength, balance issues, and joint problems, making it challenging for them to move around independently. Mobility aids such as walkers, canes, and wheelchairs are designed to provide support and assistance to them. These devices can help prevent falls, reduce the risk of injuries, and enable older adults to remain active and engaged in daily activities. Manufacturers are developing products for older adults, with a greater focus on stability, ease of use, and comfort.

Thus, the increasing geriatric population is a significant driver for the growth of the mobility aids market.

Invacare Corporation, Stryker Corporation, Medline Industries, Inc, NOVA Medical Product, Sunrise Medical LLC, Otto Bock HealthCare, Karman Healthcare, Carex Health Brands Inc., Pride Mobility Products Corporation, and ETAC AB are among the leading companies operating in the US Mobility aids market.

The report segments the US orthotic aids market as follows:

The mobility devices market, by product type, is segmented into wheelchairs and walking aids. By application mobility aids market is segmented into neurologically impaired, handicap patients, and other applications. The mobility aids market, by type of supplier, is segmented into branded and unbranded. Based on end users, US mobility market is segmented into homecare, hospitals and clinics, rehabilitation centers, and ambulatory surgical centers. On the basis of distribution channel market is classified into online and offline.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the US mobility aids market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the U.S. mobility aids market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth market trends and outlook coupled with the factors driving the U.S. mobility aids market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Mobility Aids Market – Key Industry Dynamics
4.1 Market Drivers
4.1.1 Increasing Geriatric Population
4.1.2 Rising Mobility Impairment Disorder Cases
4.2 Market Restraints
4.2.1 High Cost of Devices
4.3 Market Opportunities
4.3.1 Availability of More Efficient, User-Friendly, and Accessible Devices with Technological Advancements
4.4 Future Trends
4.4.1 Lightweight and Compact Designs
4.5 Impact Analysis:
5. Mobility Aids Market – Market Analysis
5.1 Mobility Aids Market Revenue (US$ Mn), 2022 – 2028
6. Mobility Aids Market – Revenue and Forecast to 2028 – by Product Type
6.1 Overview
6.2 Mobility Aids Market Revenue Share, by Product Type, 2022 & 2028 (%)
6.3 Wheelchairs
6.3.1 Overview
6.3.2 Wheelchairs: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
6.3.2.1 Mobility Aids Market, by Wheelchairs, 2020–2028 (US$ Million)
6.3.2.2 Mobility Aids Market, by Wheelchairs, 2020–2028 (Unit)
6.4 Walking Aids
6.4.1 Overview
6.4.2 Walking Aids: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
6.4.2.1 Mobility Aids Market, by Walking Aids, 2020–2028 (US$ Million)
6.4.2.2 Mobility Aids Market, by Walking Aids, 2020–2028 (Unit)
7. Mobility Aids Market – Revenue and Forecast to 2028 – by Application.
7.1 Overview
7.2 Mobility Aids Market Revenue Share, by Application 2022 & 2028 (%)
7.3 Neurologically Impaired
7.3.1 Overview
7.3.2 Neurologically Impaired: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Handicap Patients
7.4.1 Overview
7.4.2 Handicap Patients: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Other Applications
7.5.1 Overview
7.5.2 Other Applications: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
8. Mobility Aids Market – Revenue and Forecast to 2028 – by Type of Supplier
8.1 Overview
8.2 Mobility Aids Market Revenue Share, by Type of Supplier, 2022 & 2028 (%)
8.3 Branded
8.3.1 Overview
8.3.2 Branded: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
8.3.2.1 Mobility Aids Market, by Branded, 2020–2028 (US$ Million)
8.4 Unbranded
8.4.1 Overview
8.4.2 Unbranded: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
8.4.2.1 Mobility Aids Market, by Unbranded, 2020–2028 (US$ Million)
9. Mobility Aids Market – Revenue and Forecast to 2028 – by End Users
9.1 Overview
9.2 Mobility Aids Market Revenue Share, by End Users, 2022 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Rehabilitation Centres
9.4.1 Overview
9.4.2 Rehabilitation Centres: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Ambulatory Surgical Centers
9.5.1 Overview
9.5.2 Ambulatory Surgical Centers: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Homecare
9.6.1 Overview
9.6.2 Homecare: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
10. Mobility Aids Market – Revenue and Forecast to 2028 – by Distribution Channel
10.1 Overview
10.2 Mobility Aids Market Revenue Share, by Distribution Channel, 2022 & 2028 (%)
10.3 Online
10.3.1 Overview
10.3.2 Online: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Offline
10.4.1 Overview
10.4.2 Offline: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2.1 Mobility Aids Market, by Offline, 2020–2028 (US$ Million)
11. Company Profiles
11.1 Medline Industries LP
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Sunrise Medical LLC
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Ottobock SE & Co KGaA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Karman Healthcare Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Carex Health Brands Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Stryker Corp
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Invacare Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 NOVA Ortho-Med Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Pride Mobility Products Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Etac AB
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix

LIST OF TABLES

Table 1. Mobility Aids Market Segmentation
Table 2. Mobility Aids Market, by Wheelchairs – Revenue and Forecast to 2028 (US$ Million)
Table 3. Mobility Aids Market, by Wheelchairs – Revenue and Forecast to 2028 (Unit)
Table 4. Mobility Aids Market, by Walking Aids – Revenue and Forecast to 2028 (US$ Million)
Table 5. Mobility Aids Market, by Walking Aids – Revenue and Forecast to 2028 (Unit)
Table 6. Mobility Aids Market, by Branded – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mobility Aids Market, by Unbranded – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mobility Aids Market, by Offline – Revenue and Forecast to 2028 (US$ Million)

LIST OF FIGURES

Figure 1. Mobility Aids Market Segmentation, By Geography
Figure 2. Mobility Aids Market – Key Industry Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Mobility Aids Market Revenue (US$ Mn), 2022 – 2028
Figure 5. Mobility Aids Market Revenue, Geography (US$ Mn), 2022 – 2028
Figure 6. Mobility Aids Market Revenue Share, by Product Type, 2022 & 2028 (%)
Figure 7. Wheelchairs: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 8. Walking Aids: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 9. Mobility Aids Market Revenue Share, by Application 2022 & 2028 (%)
Figure 10. Neurologically Impaired: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Handicap Patients: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Other Applications: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Mobility Aids Market Revenue Share, by Type of Supplier, 2022 & 2028 (%)
Figure 14. Branded: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Unbranded: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Mobility Aids Market Revenue Share, by End Users, 2022 & 2028 (%)
Figure 17. Hospitals and Clinics: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Rehabilitation Centers: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Ambulatory Surgical Centers: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Homecare: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mobility Aids Market Revenue Share, by Distribution Channel, 2022 & 2028 (%)
Figure 22. Online: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Offline: Mobility Aids Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies – US Orthotic Aids Market
o Invacare Corporation
o Stryker Corporation
o Medline Industries, Inc
o NOVA Medical Product
o Sunrise Medical LLC
o Otto Bock HealthCare
o Karman Healthcare
o Carex Health Brands Inc.
o Pride Mobility Products Corporation
o ETAC AB

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