Learn about the global mobility aids and transportation equipment market through The Business Research Company, which provides information on mobility aids and transportation equipment market size, mobility aids and transportation equipment market drivers and restraints, mobility aids and transportation equipment market players, the COVID-19 impact on the mobility aids and transportation equipment market, and more.

The global mobility aids and transportation equipment market size is expected to grow from $2.66 billion in 2021 to $2.95 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. The global mobility aids and transportation market size is expected to grow to $4.18 billion in 2026 at a CAGR of 9.1%.

A large aging population will give an impetus to the mobility aids & transportation equipment market.

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The mobility aids and transportation equipment market consists of sales of mobility aids and transportation equipment and related services. Mobility aids and transportation equipment are medical devices used to transport patients or medical products from one place to another.

Global Mobility Aids And Transportation Equipment Market Segments Include:

By Type: Electrically Powered Wheelchairs, Manual Wheelchairs, Walking Aids, Mobility Scooters, Stretchers, Stair Lifts

By End-User: Hospital, Clinic, Household

By Age Group: Mobility Aids for Children, Mobility Aids for Elderly

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the mobility aid and transportation equipment market in 2021.

Insurance companies have attempted to control the costs of health care by shifting more of the responsibility to the individual. Insurance companies are attempting to discourage overuse by making subscribers more price-sensitive through high deductibles, co-pays, and co-insurance (the portion of the health care bill for which the subscriber is responsible after the deductibles have been met).

TBRC’s mobility aids and transportation equipment market report covers:

Major Market Players: Medline Industries, Hoveround Corporation, Sunrise Medical LLC, OttoBock Healthcare GmbH, Medline Industries, GF Health Products Inc, Invacare Corporation, LEVO AG, Permobil AB, and Hill-Rom Holdings Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Mobility Aids And Transportation Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides mobility aids and transportation equipment market overviews, analyzes and forecasts market size, share, mobility aids and transportation equipment market players, mobility aids and transportation equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s mobility aids and transportation equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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