Home Care Mobility Aids and Equipment Market was valued at USD 15.2 Billion in 2022 and is projected to reach USD 25.6 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The global Home Care Mobility Aids and Equipment market was valued at approximately $10.5 billion in 2022 and is projected to reach around $15.8 billion by 2027, reflecting a robust compound annual growth rate (CAGR) of 8.4% during this forecast period. This growth is driven by an aging population, increased prevalence of mobility impairments, and rising awareness of advanced home care solutions. The demand for products such as wheelchairs, walkers, and lift chairs is on the rise as more individuals seek to maintain independence and improve their quality of life while aging in place. Additionally, technological advancements and innovations in mobility aids are further fueling market expansion.
Opportunity analysis indicates substantial growth potential in emerging markets, particularly in regions such as Asia-Pacific and Latin America. These areas are experiencing increasing healthcare investments and expanding access to advanced medical technologies, which contribute to the growing demand for home care mobility aids. The market in these regions is expected to grow at an accelerated pace compared to more developed markets, providing lucrative opportunities for stakeholders. Factors such as government initiatives to improve healthcare infrastructure, rising disposable incomes, and increasing geriatric populations are likely to drive significant growth and innovation in the mobility aids sector within these emerging economies.
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Permobil Corp
Pride Mobility
Invacare Corp
Sunrise Medical
Ottobock
Hoveround Corp
Merits Health Products
Drive Medical
Hubang
N.V. Vermeiren
Nissin Medical
EZ Lite Cruiser
Heartway
Golden Technologies
Karman
Yuwell
Invacare
Enovis
Ossur
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Home Care Mobility Aids and Equipment Market
Retail Pharmacies
Hospital Pharmacies
Online
Based on Types the Market is categorized into Below types that held the largest Home Care Mobility Aids and Equipment market share In 2023.
Wheelchair
Canes
Walkers
Brace
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Home Care Mobility Aids and Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Home Care Mobility Aids and Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Home Care Mobility Aids and Equipment Market, By Type
6. Global Home Care Mobility Aids and Equipment Market, By Application
7. Global Home Care Mobility Aids and Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Home Care Mobility Aids and Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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