Mobility Devices Market Projection By Technology, Major key players, Growth, Revenue, CAGR, Regional Analysis Industry Forecast 2021 To 2027 is latest report published on “Global Mobility Devices Market” by Fortune Business Insights. The global commercial vehicle market size is projected to reach USD 14.86 billion by the end of 2026.
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Mobility Devices Top Companies Analyzed in the report:
- MEYRA GmbH
- Sunrise Medical Limited
- Invacare Corporation
- GF HEALTH PRODUCTS, INC.
- 21st Century Scientific, Inc.
- Pride Mobility Products Corp.
North America to Lead the Pack; Europe to Follow Closely
Among regions, North America is set to dominate the mobility devices market share owing to the rising prevalence mobility-related disorders in the region. Coupled with this is the increasing number of aged people in the region, which will propel the regional market.
Europe is anticipated to be the second most dominant region in this market on account of high proportion of aged people with mobility impairment. Asia-Pacific is touted to be the most promising region as geriatric population in the region is growing, while unmet needs of the people in Latin America, the Middle East, and Africa will create lucrative market opportunities.
Focus on Patient Safety and Comfort to Drive Innovation Among Players
“Strengthening market position is expected to be the primary focus of key players in this market”, says one of our lead analysts. One of the leading strategies adopted is increasing investment in innovation to come up with novel solutions, keeping patient comfort and safety in mind. Some players are also expanding their global presence through collaborations and acquisitions.
- November 2019: GF Health Products launched its new Lumex Clinical Care Recliner. The device is wide, has a capacity to carry 450 pounds of weights, and boasts of a unique Drop Arm feature, which enables easy lateral transfer for the patient and the caregiver.
- November 2019: German prosthetic major, Ottobock, acquired Belgian O&P specialist, Vigo, to expand its signature PatientCare Network in Europe. The company aims at targeting the patient pool in Belgium and in Poland. This will enable Ottobock to enhance the quality of its products as well as establish a strong regional distribution channel.
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Key questions answered in the report:
- What will the market growth rate of Mobility Devices market in 2027?
- What are the key factors driving the global Mobility Devices market?
- Who are the key manufacturers in Mobility Devices market space?
- What are the market opportunities, market risk and market overview of the Mobility Devices market?
- What are sales, revenue, and price analysis of top manufacturers of Mobility Devices market?
- Who are the distributors, traders and dealers of Mobility Devices market?
- What are the Mobility Devices market opportunities and threats faced by the vendors in the global Mobility Devices industry?
- What are sales, revenue, and price analysis by types and applications of Mobility Devices market?
- What are sales, revenue, and price analysis by regions of Mobility Devices industry?
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