the personal mobility devices market reaching a value of USD 9.54 billion in 2023 and projected to grow at a CAGR of 9.6% to USD 21.76 billion by 2032, the sector is undergoing a period of rapid expansion. This growth is driven by several key factors, including the rising prevalence of chronic diseases, an aging […]
Tag: Personal Mobility Devices Market Trends
Personal mobility devices play a crucial role in enhancing the quality of life for individuals with chronic diseases and disabilities. These devices range from wheelchairs and scooters to canes and crutches, each designed to improve mobility and independence. As of 2023, the personal mobility devices market was valued at USD 9.54 billion and is projected […]
The personal mobility devices market is poised for significant growth, with a projected CAGR of 9.6% from 2024 to 2032. The market’s expansion is fueled by the increasing incidence of chronic diseases and disabilities, coupled with a growing elderly population that requires mobility assistance. Technological innovations and improved healthcare infrastructure are also key drivers. Market Overview Personal […]