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Scrutinize the Global Mobility Scooter Market - Strategic
Assessment And Forecast Till 2021:
MarketResearchReports.Biz
MarketResearchReports.Biz has announced addition of new report “Global Mobility Scooter
Market - Strategic Assessment And Forecast Till 2021” to its database.
Mobility Scooter Market – Report Highlights
The Worldwide Mobility Scooter market research report covers the present scenario and the growth prospects
of the Worldwide Mobility Scooter Market for the period 2015 – 2021. The report provides in-depth analysis of
the market size and growth of the Worldwide Mobility Scooter market. This report also provides the detailed
information and data analysis of the Worldwide Mobility scooter market about the leading market segments
based on design and geographies.
Click here to know more about this report: http://www.marketresearchreports.biz/analysis/778315
Mobility Scooter by Design Type/Size
Boot Scooters
Mid-size Scooters
Road Scooters
Mobility Scooter by Wheels
3-Wheeled
4-Wheeled
5-wheeled
Mobility Scooter by Geography Segmentation
APAC
Europe
Americas
ROW
Further, a detailed mapping of the region wise regulations and associated legalities governing the usage of the
mobility scooter is provided in the report. The report also provides market share and profiles of the key
vendors operating in the Worldwide Mobility Scooter Market and further shows a detailed competitive
landscape of key players.
Mobility Scooter – Market Size and Dynamics
Market Research Analysts at Beige Intelligence, expect the Worldwide Mobility Scooter Market to reach approx.
US $2.4 billion by 2021 and the market to grow at a CAGR of 3.08 % during the forecast period. The mobility
scooters are turning out to be an ideal alternative to wheelchairs or crutches, which prove to be burdensome
for those who require mobility aid. The global personal mobility market is undergoing a dramatic shift on
account of a rapid increase in adoption of cost-efficient and technology-based products and also supportive
government grants that enable the elderly and disable population to be more independent. The use of mobility
scooters can help improve the self-perceived quality of life of aging population but can also have long-term
detrimental effects by increasing cardiovascular risks.
The Worldwide Mobility Scooter Market has been segmented by design type /size, and geography. The US and
Western Europe mainly the UK, constitute almost 70% of the market both in terms of users and revenues.
North America is the largest consumer of the personal mobility devices market in 2015. Increasing elderly
population and rising demand for assistive devices, along with the presence of a sophisticated reimbursement
framework working towards reducing the expenditures of patients are major factors attributing to the region’s
significant market share. Europe accounted for over 35% of the revenue share in the personal mobility devices
market in 2015 and was the second largest consumer of mobility scooter in the forecasted period with Britain
being the mobility scooter capital of Europe. APAC is expected to grow at the fastest CAGR during the forecast
period. The presence of untapped opportunities in the emerging markets of India and China and continually
improving healthcare infrastructure in these markets are some of the key attributes accounting for the
conclusion as mentioned earlier.
Mobility Scooter – Trends, Drivers, and Challenges
This market research report on mobility scooter provides an overview of the factors driving and restraining the
growth of the Worldwide Mobility Scooter market. The report also outlines the key trends emerging in the
market that will contribute to the growth of the market during the forecast period. Some of the factors driving
the growth of the mobility scooter market include advancement of technology in the healthcare sector, rising
geriatric population and increasing incidences of knee disorders and disabilities in mobility. Also, the high
adoption rate of these mobility aids and also the growing awareness of the types of equipment available and
the presence of supportive government initiatives in this field contribute to the growth of the market.
Some of the impending challenges confronting the Mobility Scooter Market include the lack of public
infrastructure in many countries and also misuse of mobility scooter by able-bodied people. The mobility
scooters are intended for elderly, and disabled people use but there is an increasing use of these devices by
the able-bodied population as cost- effective means due to government schemes and lead to increased obesity
levels and accidents. Also, there has been a marked change in the way people use them on account of their
easier availability in second-hand market. Also, the lack of coherence on the regulations governing the
classification of mobility scooters and the use of powered wheelchairs acts as a growth deterrent for the
market..
One of the trend, which we expect to be imminent in the Mobility scooter market is that the market shall
definitely grow in terms of its reach on account of an increased emphasis of governments and private bodies
to provide affordable healthcare services. Further, the usage pattern of the mobility scooter is undergoing a
dramatic shift on account of substantial growth in the second-hand market, online sales and retail advertising.
The mobility scooter has become an increasingly popular personal mobility choice with a rise in number of
variants and improved designs, coupled with a change in perception governing the usage of these devices.
Although there is a wide variation in regulatory approaches in different jurisdictions, there has been an
enhanced recognition for these devices on account of their benefits outweighing the risks associated to users
and pedestrians. The report further provides a commentary on the Porter’s five forces analysis along with a
description of each of the forces and its impact on the market.
Mobility Scooter – Key Vendors and Market Share
This market research report on mobility scooter profiles the major companies in the market and also provides
a competitive landscape of key players. The major players in the market include Drive Medical, Electric
Mobility, Golden Technologies, Pride Mobility, Sunrise Medical, and Quingo . Some of the other prominent
vendors featured in the report include Amigo Mobility International, Invacare, Afikim Electric Vehicles, Van Os
Medical, Hoveround Corporation, Roma Medical, Merits Health Products, Kymco, TGA Mobility, and Vermeiren
International. The Market players are adopting sustainability strategies such as mergers & acquisitions,
strategic collaborations, and expansion of product portfolios to accentuate market growth.
Request a sample copy of this report:
http://www.marketresearchreports.biz/sample/sample/778315
About Us
MarketResearchReports.biz is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a
one stop solution for all your research needs, our main offerings are syndicated research reports, custom
research, subscription access and consulting services. We serve all sizes and types of companies spanning
across various industries.
Browse Latest Industry Press Release http://www.marketresearchreports.biz/pressreleases
Contact Us
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-621-2074
Website: http://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz
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Global mobility scooter market   strategic assessment and forecast till 2021

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Global mobility scooter market strategic assessment and forecast till 2021

  • 1. Scrutinize the Global Mobility Scooter Market - Strategic Assessment And Forecast Till 2021: MarketResearchReports.Biz MarketResearchReports.Biz has announced addition of new report “Global Mobility Scooter Market - Strategic Assessment And Forecast Till 2021” to its database. Mobility Scooter Market – Report Highlights The Worldwide Mobility Scooter market research report covers the present scenario and the growth prospects of the Worldwide Mobility Scooter Market for the period 2015 – 2021. The report provides in-depth analysis of the market size and growth of the Worldwide Mobility Scooter market. This report also provides the detailed information and data analysis of the Worldwide Mobility scooter market about the leading market segments based on design and geographies. Click here to know more about this report: http://www.marketresearchreports.biz/analysis/778315 Mobility Scooter by Design Type/Size Boot Scooters Mid-size Scooters Road Scooters Mobility Scooter by Wheels 3-Wheeled 4-Wheeled 5-wheeled Mobility Scooter by Geography Segmentation APAC Europe Americas
  • 2. ROW Further, a detailed mapping of the region wise regulations and associated legalities governing the usage of the mobility scooter is provided in the report. The report also provides market share and profiles of the key vendors operating in the Worldwide Mobility Scooter Market and further shows a detailed competitive landscape of key players. Mobility Scooter – Market Size and Dynamics Market Research Analysts at Beige Intelligence, expect the Worldwide Mobility Scooter Market to reach approx. US $2.4 billion by 2021 and the market to grow at a CAGR of 3.08 % during the forecast period. The mobility scooters are turning out to be an ideal alternative to wheelchairs or crutches, which prove to be burdensome for those who require mobility aid. The global personal mobility market is undergoing a dramatic shift on account of a rapid increase in adoption of cost-efficient and technology-based products and also supportive government grants that enable the elderly and disable population to be more independent. The use of mobility scooters can help improve the self-perceived quality of life of aging population but can also have long-term detrimental effects by increasing cardiovascular risks. The Worldwide Mobility Scooter Market has been segmented by design type /size, and geography. The US and Western Europe mainly the UK, constitute almost 70% of the market both in terms of users and revenues. North America is the largest consumer of the personal mobility devices market in 2015. Increasing elderly population and rising demand for assistive devices, along with the presence of a sophisticated reimbursement framework working towards reducing the expenditures of patients are major factors attributing to the region’s significant market share. Europe accounted for over 35% of the revenue share in the personal mobility devices market in 2015 and was the second largest consumer of mobility scooter in the forecasted period with Britain being the mobility scooter capital of Europe. APAC is expected to grow at the fastest CAGR during the forecast period. The presence of untapped opportunities in the emerging markets of India and China and continually improving healthcare infrastructure in these markets are some of the key attributes accounting for the conclusion as mentioned earlier. Mobility Scooter – Trends, Drivers, and Challenges This market research report on mobility scooter provides an overview of the factors driving and restraining the growth of the Worldwide Mobility Scooter market. The report also outlines the key trends emerging in the market that will contribute to the growth of the market during the forecast period. Some of the factors driving the growth of the mobility scooter market include advancement of technology in the healthcare sector, rising geriatric population and increasing incidences of knee disorders and disabilities in mobility. Also, the high adoption rate of these mobility aids and also the growing awareness of the types of equipment available and the presence of supportive government initiatives in this field contribute to the growth of the market. Some of the impending challenges confronting the Mobility Scooter Market include the lack of public infrastructure in many countries and also misuse of mobility scooter by able-bodied people. The mobility scooters are intended for elderly, and disabled people use but there is an increasing use of these devices by the able-bodied population as cost- effective means due to government schemes and lead to increased obesity levels and accidents. Also, there has been a marked change in the way people use them on account of their easier availability in second-hand market. Also, the lack of coherence on the regulations governing the classification of mobility scooters and the use of powered wheelchairs acts as a growth deterrent for the market..
  • 3. One of the trend, which we expect to be imminent in the Mobility scooter market is that the market shall definitely grow in terms of its reach on account of an increased emphasis of governments and private bodies to provide affordable healthcare services. Further, the usage pattern of the mobility scooter is undergoing a dramatic shift on account of substantial growth in the second-hand market, online sales and retail advertising. The mobility scooter has become an increasingly popular personal mobility choice with a rise in number of variants and improved designs, coupled with a change in perception governing the usage of these devices. Although there is a wide variation in regulatory approaches in different jurisdictions, there has been an enhanced recognition for these devices on account of their benefits outweighing the risks associated to users and pedestrians. The report further provides a commentary on the Porter’s five forces analysis along with a description of each of the forces and its impact on the market. Mobility Scooter – Key Vendors and Market Share This market research report on mobility scooter profiles the major companies in the market and also provides a competitive landscape of key players. The major players in the market include Drive Medical, Electric Mobility, Golden Technologies, Pride Mobility, Sunrise Medical, and Quingo . Some of the other prominent vendors featured in the report include Amigo Mobility International, Invacare, Afikim Electric Vehicles, Van Os Medical, Hoveround Corporation, Roma Medical, Merits Health Products, Kymco, TGA Mobility, and Vermeiren International. The Market players are adopting sustainability strategies such as mergers & acquisitions, strategic collaborations, and expansion of product portfolios to accentuate market growth. Request a sample copy of this report: http://www.marketresearchreports.biz/sample/sample/778315 About Us MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries. Browse Latest Industry Press Release http://www.marketresearchreports.biz/pressreleases Contact Us State Tower 90 State Street, Suite 700 Albany, NY 12207 United States Tel: +1-518-621-2074 Website: http://www.marketresearchreports.biz/ Email: sales@marketresearchreports.biz Follow us on LinkedIn: https://www.linkedin.com/company/marketresearchreports-biz