Mobility Scooter Market - Report Highlights
The mobility scooter is a mobility aid designed like wheelchairs but configured like motorized scooter . It is also referred as power scooters or electric scooters. The global mobility scooter research report covers the present scenario and the growth prospects of Global Mobility Scooter market for the period 2015-2021. The research report provides an in depth analysis of the market size and market growth of these mobility aids.
Mobility Scooter by Design Type/Size
- Boot Scooters
- Mid-size Scooters
- Road Scooters
Mobility Scooter by Wheels
- 3 Wheel Scooters
- 4 Wheel Scooters
- 5 Wheel scooters
Mobility Scooter by Geography Segmentation
Mobility Scooter by Country Segmentation
- Middle East (UAE, Qatar, Bahrain, Oman, Egypt and Saudi Arabia)
- Rest Of Europe (France, Italy, Spain, Germany)
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 Global 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 Global Mobility Scooter 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. The use of electric scooters for adults can help improve the self-perceived quality of life of aging population but can also have long-term detrimental effects by increasing cardiovascular risks.
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 market research report also outlines the emerging market trends 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 growing awareness of the types of mobility 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 handicap scooter by able-bodied people. The electric mobility scooters for adults, and handicap scooters are more often used 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 as used mobility scooters are cheap and easy to get. 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 trends, 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 change 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, Moving Life 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.