The global personal mobility devices market was valued at USD 10.46 Billion in 2024 driven by the increasing prevalence of chronic diseases and disabilities across the globe. The market is expected to grow at a CAGR of 9.60% during the forecast period 2025-2034 and attain a market value of USD 26.16 Billion by 2034.
Personal Mobility Devices Market Overview
Mobility devices are support devices that facilitate the transportation of individuals with accidents or disabilities, or older adults with enhanced danger of falling, for example, wheelchairs, scooters, and unicycles. These devices are crucial for individuals who have restricted movement, enhancing self-reliance and enhancing overall well-being through aiding in everyday tasks and dealing with bodily restrictions.
The growing number of chronic illnesses, an older population, and increasing disabilities are pushing the demand for such devices. In addition to aiding physical movement, they also help in improving mental health by encouraging social integration and decreasing loneliness. Improvements in personal mobility devices, such as lighter materials, longer battery life, and better maneuverability, have increased their ease of use. Combining GPS tracking, remote control capabilities, and health monitoring features provides users with increased independence and safety. Innovative designs such as devices that can fold and be easily carried are targeted towards active individuals who travel often. Advancements in robotics and AI are creating more advanced mobility options like exoskeletons and self-balancing wheelchairs, improving user autonomy. These enhancements are broadening the capabilities of personal mobility devices to cater to a variety of requirements.
Personal Mobility Devices Market Growth Drivers
Surge in Chronic Diseases Boosts Market Growth
The World Health Organization reports that chronic diseases result in around 41 million deaths annually, making up 74% of total global deaths. The personal mobility devices market is growing due to the increase in chronic diseases such as arthritis, diabetes, and cardiovascular conditions. These diseases may lead to mobility limitations, necessitating wheelchairs, scooters, and walkers for autonomy. Arthritis reduces joint mobility, making movement difficult, while diabetes-related issues such as neuropathy impact balance. The market expansion is further enhanced by the extended use of mobility devices for chronic disease management.
Technological Advancements to Meet Rising Personal Mobility Devices Market Demand
Advancements in materials, design, and features enhance the efficiency and user-friendliness of devices for individuals with mobility impairments. Materials such as carbon fibre, which are lightweight and durable, make it easier to transport and use. Smart technologies such as GPS tracking and health monitoring offer independence and security. In February 2024, Honda combined personal mobility and virtual reality in the world's first extended reality mobility experience at SXSW 2024. The experience included the UNI-ONE, a hands-free personal mobility device controlled by shifting one's centre of gravity. Advancements in robotics and AI result in innovative solutions such as self-balancing wheelchairs and exoskeletons, enhancing mobility and assistance. These advancements are anticipated to bolster growth in the personal mobility devices market.
Personal Mobility Devices Market Trends
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
Growing Aging Population
The market is expanding as the older population faces physical decline and mobility issues associated with diseases like arthritis and muscle weakness. As the elderly population grows, especially in developed areas with improved healthcare access, there is an increasing need for mobility aids. The population change is motivated by a wish to enhance the quality of life and lower the possibility of falls due to restricted movement.
Rising Awareness and Accessibility
With increasing public health campaigns, healthcare recommendations, and digital platforms, an increasing number of people are looking for these devices to improve their quality of life and gain more independence. Mobility assistance devices are increasingly accessible through online vendors, speciality shops, and medical establishments. Improvements in technology and accessibility have resulted in these devices being more cost-effective and easier to use.
Increasing Prevalence of Disabilities
The rise in disabilities is leading to a growing need for assistive devices such as wheelchairs, scooters, canes, and walkers. Both congenital and acquired disabilities can restrict an individual's capacity for independent movement. Personal mobility devices are crucial for people with disabilities, enabling them to engage in everyday tasks, attend social gatherings, and uphold their independence. The importance of these devices in public spaces and transportation further highlights the push for inclusive designs.
Increasing Government Initiatives and Support
Government backing fuels expansion in the global market for personal mobility devices. Measures like subsidies, insurance, and tax benefits help make mobility aids easier to access and more affordable for individuals with disabilities, the elderly, and those with chronic illnesses. Accessible transportation and healthcare services are being implemented to foster inclusive environments. Public health initiatives increase knowledge about the advantages of mobility aids. These initiatives enhance users' quality of life and increase market demand.
Personal Mobility Devices Market Segmentation
Market Breakup by Product
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