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Mobility Aids and Transportation Equipment Market Analysis

The global Mobility aids and transportation Market is estimated to surpass $6318 million by 2023 growing at an estimated CAGR of more than 5.6% during 2018 to 2023. The advancements in medical equipment technology and increasing number of old age homes are driving this market. The major share of market is dominated by manual wheel chairs followed by walking aids valued at $3180 million and $1149.8 anticipated to grow at a CAGR 5.4% and 4.3% during 2018 to 2023.

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Mobility Aids and Transportation Equipment Market Analysis

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  1. Mobility Aids & Transportation Market Value is $6318M by 2023. It is Growing at a CAGR of 5.6% During the Forecast 2018-2023.

  2. The market revenue for Mobility Aid and Transportation Equipment is forecast to increase from $6.318 billion in 2017 to $8.616 billion in 2023, growing at a CAGR of 5.6%. The increase in global aging population, technological advancements in medical industry and increasing number of old age homes is driving the market for such equipment. The dominant end user for this market is the patients segment. It held the highest share of $3.369 billion in 2017, and is projected to reach $4.671 billion by 2013 at 5.9% CAGR. Contact : sales@industryarc.com

  3. Selected / Sample Analysis Done in the Full Report: End users in this market have been classified based on the type of places in which these devices are utilized. The various end users include hospitals, clinics and patients. Patients or self-use segment dominated the market by capturing 53% of the market share. This market will continue to be the market leader in the forecast period. Contact : sales@industryarc.com

  4. Excerpts on Market Growth Factors Mentioned in the Full Report: Increasing elderly population, growing illness, accidents and disabilities is driving the mobility aids and transportation equipment market. The treatment and operation in the clinics and ASCS ensures high safety and accuracy. Hence, the demand of these clinics is rising. This factor is driving the use of mobility aids and transportation equipment. Contact : sales@industryarc.com

  5. Key Players of the Mobility Aids and Transportation Equipment Market Sunrise Medicals GmbH & Co. Invacare Corporation Stryker Corporation Medline Industries Inc. Drive Medical And 20+ more • • • • • • Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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