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Mobility Aids and Transportation Equipment Market: Drivers and Restraints
Presently, mobility aids and transportation equipment global market is driven by the aging population which led to rise in the prevalence of cases with knee disorders, bone disorders and disabilities in mobility.
Mobility aids and transportation equipment global market is drives by the technological advancement in healthcare sector across the globe, increase in the prevalence of people suffering from disability, rise in the number of hospitals, high adaptation rates of these devices, new technology innovations, also growing awareness for different types of equipment available and government initiatives in the field are driving the mobility aids and transportation equipment global market. However, high cost involvement and large number of substitutes for this type of equipment in the market act as a major barrier for mobility aids and transportation equipment global market.
Mobility Aids and Transportation Equipment Market: Overview
Due to rapid technological advancement, large number of aging population, increase in the prevalence of people suffering from disability, increase in the number of hospitals across the globe, and increase in the prevalence of cases with knee disorders, bone disorders and disabilities in mobility, the mobility aids and transportation equipment global market is expected togrow at a healthy CAGR in the forecast period (2015-2025).
Mobility Aids and Transportation Equipment Market: Region-wise Outlook
Depending on geographic regions, the mobility aids and transportation equipment global market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
North America is the leading market for mobility aids and transportation equipment market followed by Europe. Asia-Pacific is projected to grow at a substantial growth, China and India are expected to be the fastest growing mobility aids & transportation equipment markets in Asian region due to the large pool of patients, rising government funding and improvement in the healthcare facilities and will contribute to the global mobility aids and transportation equipment market value exhibiting a robust CAGR during the forecast period, 2015-2025.
Mobility Aids and Transportation Equipment Market: Key Players
Some of the key participating players in mobility aids and transportation equipment market are Sunrise Medical LLC, Invacare Corporation, OttoBock Healthcare GmbH, Stryker Corporation, Medline Industries, GF Health Products Inc., Hoveround Corporation, LEVO AG, Permobil AB, Merivaara Corporation, and others.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Mobility aids and transportation equipment global market is segmented into following types:
- Manual Wheelchairs
- Manually Operated Wheelchairs
- Standard Manual Wheelchairs
- Pediatric Wheelchairs
- Electrically Powered Wheelchairs
- Stretchers
- Manual Stretchers
- Automated Stretchers
- Walking Aids
- Crutches
- Walkers
- Walker Cane Hybrids
- Gait Trainers
- Mobility Scooters
- Stair Lifts
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint