Personal Mobility Devices Market Updates

Personal Mobility Devices Market size was valued at USD 11.31 Billion in 2023 and is poised to grow from USD 12.08 Billion in 2024 to USD 20.49 Billion by 2032, growing at a CAGR of 6.82% during the forecast period (2025-2032).

'Carex Health Brands, Inc ', 'Drive Medical ', 'GF Health Products, Inc ', 'Invacare Corporation ', 'Kaye Products, Inc ', 'Briggs Healthcare ', 'Medline Industries, Inc ', 'NOVA Medical Products ', 'Performance Health ', 'Rollz International ', 'Weland Group ', 'Human Care Group ', 'CareCo Company ', 'Besco Medical ', 'Ergoactives ', 'Ottobock ', 'Permobil ', 'Pride Mobility Products Corp. ', 'Arjo ', 'Karma Medical Products ', 'Hippocampe ', 'Levo AG'

A major consideration for the private mobility sector is the global rise in elderly population density, particularly in North America, Europe and Asia-Pacific regions. With the increasing number of aging adults, diseases associated with old age such as osteoporosis, arthritis and other movement-related problems are likely to also increase.

Rise in Technologically Advanced Mobility Devices: A significant change in the global personal mobility devices market can be seen with the increasing use of advanced technologies. The introduction of smart scooters with GPS systems, electric wheelchairs and mobility devices with in-built health tracking technology has changed user experience. These advances enhance freedom, convenience and security hence contributing to the impressive growth of this market.

Due to its highly developed healthcare system, high disposable incomes, and ageing population, North America is the market leader in personal mobility devices, globally. Electric wheelchairs and scooters have also become more user-friendly and easier to find, which has made this region more focused on technology. In addition, beneficial federal initiatives such as Medicare and Medicaid significantly help with the purchase of mobility aid due to the financial support they provide, thus increasing their demand in the market. North America is becoming a crucial location for growth and innovation in the global personal mobility devices market due to its increasing awareness of mobility solutions for individuals with disabilities and the presence of large industry players pushing product development. Also, North America is strengthening its leadership in this market globally.