Product Overview

Personal Mobility device is a measure used by humans to move from one place to another. These devices assist humans and cater to their requirements of transportation, they are of two types motorized and unmotorized. Motorized devices consist of electric scooters, hoverboards, power-assisted bicycles, etc. whereas, unmotorized devices include kick-scooters, bicycles, skateboards, etc. People with walking difficulties use wheelchairs, mobility scooters, or motorized wheelchairs to move from one place to another. Personal mobility device has simplified the concept of moving from one place to another and ruled out the dependency factor to commute from current location to destination location. The populace is independent to commute with their own mobility devices.

Market Highlights

Global Personal mobility device market is expected to project a notable CAGR in 2030.

Global Personal mobility device market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. With the changing lifestyle and preferences, demand and need to transport from one place to another has been emerging. Personal mobility devices have played a crucial role in covering short distances without taking help from others since they are very convenient to use which is the key factor boosting the growth of the global personal mobility devices due to rising demand. Another major factor attributing to the growth of the market is the mounting geriatric population, rising number of disability cases, an increasing number of road mishaps.

Recent Highlights in Global Personal mobility device Market

In November 2020, e-Motion Concepts a Brisbane-based smart electric vehicle and urban transport company announced to set up a new business unit focused to target the personal mobility device market in urban environments.

Global Personal mobility device Market: Segments

Wheelchair segment to grow with the highest CAGR during 2019-30

Global Personal mobility device market is segmented by wheelchair, walking aids, scooters, and others. The wheelchair segment held the largest market share of XX.X% in the year 2018. Various forms of disabilities such as physical injury, spinal cord injury, aging, or any kind of disorders or diseases due to which an individual requires assistance to commute, personal mobility devices help and fulfill the need of consumers. Wheelchairs are convenient to use and to move from one place to another, also, electronic wheelchairs simplify outdoor movement from one place to another.

Manual segment to grow with the highest CAGR during 2019-30

Global Personal mobility device market is also segmented by application into Power and Manual. Manual segment held the largest market share of XX.X% in the year 2018 and will continue to dominate the market throughout the forecast period since consumers find it easier to use whereas, electronic devices may observe a boost in the growth of the segment with proper training and guidance to use. The populace with disabilities prefers manual overpower devices due to the fear of injury and lack of proper training.

Hospitals & Clinics segment to grow with the highest CAGR during 2019-30

Global Personal mobility device market is also segmented by end-user into Homecare settings, Hospitals & Clinics, and Others. The hospitals & clinics segment held the largest market share of XX.X% in the year 2018 and will continue to dominate the market throughout the forecast period owing to increasing number of footfalls, increasing government initiatives, and policies focused on better hospital infrastructure, and availability of apt insurance policies in the hospital.

Market Dynamics

Drivers

Advanced improvements in the devices

With advancements in technology several improvements have been observed in personal mobility devices which have made them easier to access than before and provided individuals with advanced features enabling them to engage in outdoor movement from one place to another.

Rising numbers of disability cases, spinal injuries, and road accidents

According to the past trends it has been observed that the number of disability cases, spinal injuries, and road accidents have increased over a period of time which has attributed to drive the demand for personal mobility devices and expand the global market throughout the forecast period.

Restraint

High product cost and lack of proper guidance

Personal mobility devices are expensive which is difficult to afford by individuals from all income groups, in addition to this, due to lack of proper guidance and assistance for using the devices consumers prefer manual devices over electronic due to fear of physical injury.

Global Personal mobility device Market: Key Players

Acorn Stairlifts Inc.

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Invacare Corporation

Pride Mobility Products Corporation

Drive Devilbiss Healthcare

Sunrise Medical (US) LLC

Acorn Stairlifts Inc.

Stannah International

Ottobock Healthcare

R&E Stricker Reha-Entwicklungen GmbH

Spinergy, Inc.,

Other Prominent Players

Global Personal mobility device Market: Regions

Global Personal mobility device market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Personal mobility device markets market in North America held the largest market share of XX.X% in the year 2018. North America will continue to dominate the global tinplate market due to its higher per-capita income and a growing number of individuals with disabilities requiring assistive equipment which will promote the growth of the Personal mobility device market in the region throughout the forecast period. Europe will also observe substantial growth over the projected timeline due to the increasing number of accidents and injuries and the rising prevalence of diseases leading to a growth in the number of individuals with special requirements.

Global Personal mobility device market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Personal mobility device market report also contains analysis on:

Personal mobility device Market Segments:

By Product Type

Wheelchair

Walking Aids

Scooters

Others

By Application

Power

Manual

By End User

Homecare Setting

Hospitals & Clinics

Others

Personal mobility device Market Dynamics

Personal mobility device Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Personal Mobility device Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Personal Mobility device Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Personal Mobility device Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Personal Mobility device Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2020-2030F)

12.2.1. Wheelchair, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Walking Aids, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Scooters, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Application: Market Share (2020-2030F)

12.3.1. Power, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Manual, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By Application: Market Share (2020-2030F)

12.4.1. Homecare Setting, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Hospitals & Clinics, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.3. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile

12.1. Acorn Stairlifts Inc.

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Invacare Corporation

12.3. Pride Mobility Products Corporation

12.4. Drive Devilbiss Healthcare

12.5. Sunrise Medical (US) LLC

12.6. Acorn Stairlifts Inc.

12.7. Stannah International

12.8. Ottobock Healthcare

12.9. R&E Stricker Reha-Entwicklungen GmbH

12.10. Spinergy, Inc.

12.11. Other Prominent Players

13. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)