Logo
Sunday, 23 June 2024
Wednesday, 25 Oct 2023 12:00 am

US Mobility Aids Market is expected to reach US$ 4,513.37 million by 2028

US Mobility Aids Market is growing at a CAGR of 7.2% to reach US$ 4,513.37 million by 2028 from US$ 2,965.90 million in 2022 by Product Type, Application, Type of Supplier, End User, and Distribution Channel.

By The Insight Partners

Wheelchairs to Dominate US Mobility Aids Market During Forecast Period

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, and Distribution Channel," the mobility aids market size was valued at US$ 2,965.90 million in 2022 and is projected to reach US$ 4,513.37 million by 2028. It is estimated to register a CAGR of 7.2% during 2022–2028.

The mobility devices market, by product type, is segmented into wheelchairs and walking aids. In 2022, the wheelchairs segment held a larger share of the market and is expected to record a faster CAGR during 2022–2030. 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 it is expected to record the fastest CAGR during 2022–2030. The US mobility aids market, by type of supplier, is bifurcated into branded and unbranded. In 2022, the branded segment held a larger share of the market, and it is estimated to record a higher CAGR during 2022–2028. Based on end user, the US mobility aids market 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. However, the hospitals and clinics segment is estimated to register a significant CAGR in 2022–2028.

To get free sample copy of the report, along with the TOC, Statistics, and Tables please visit @ https://www.theinsightpartners.com/sample/TIPRE00030248

Lightweight and Compact Designs of wheelchairs to Emerge as Prominent Trend in US Mobility Aids Market

The development of lightweight and compact mobility aids devices is expected to emerge as a significant trend in the US mobility aids market. These devices are designed to aid in easy movements, and they can be folded or disassembled for convenient storage and travel. For instance, in March 2023, Golden Technologies, a US-based company, launched new lightweight foldable power wheelchairs named the GP301 Stride aluminum folding power wheelchair and the GP302 Cricket carbon fiber folding power wheelchair. With these launches, the company extended its current line of mobility devices. The Stride and Cricket are portable, lightweight, and fashionable, and they provide a hassle-free and satisfactory experience to users. Further, the compact design makes them user-friendly, and easier to move and navigate through tight spaces. This is particularly beneficial for individuals who live in urban environments or have limited residential space.

Some lightweight mobility aids now come equipped with GPS tracking capabilities, allowing users to locate their devices when they are misplaced or stolen. Additionally, remote control capabilities and connectivity to mobile applications provide individuals with greater control and customization options for their mobility aids. Further, manufacturers continuously explore new options for materials and designs to improve comfort and ergonomics, in turn, enhancing user experience as well as reducing the risk of pressure infections and other complications associated with prolonged use. This includes using advanced cushioning materials, adjustable seating options, and ergonomic handlebars or grips. Lightweight, compact, and technologically advanced devices hold significant prospects in the US mobility aids market, as these advancements not only improve the accessibility and convenience of these devices but also enhance the quality of life for individuals with mobility impairments.

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.

 

Contact Us
Contact Us: The Insight Partners 
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com


The Insight Partners :    https://www.theinsightpartners.com

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.


Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
© The News and Media Division of The Insight Partners 2024 | All Rights Reserved | Privacy Policy