"Designing Growth Strategies is in our DNA"

Mobility Scooters Market Size, Share & COVID-19 Impact Analysis, By Wheels (3 Wheels, 4 Wheels, and Others) End-user (Personal Use and Institutional Use) and Regional Forecast, 2020-2027

Last Updated: November 04, 2024 | Format: PDF | Report ID: FBI102079

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global mobility scooters market size was USD 1.30 billion in 2019 and is projected to reach USD 1.85 billion by 2027, exhibiting a CAGR of 6.9% during the forecast period.


Mobility scooters are multi-featured mobility aid equipment that are powered by an ether battery while offering individuals with limited mobility the freedom and independence to move outdoors and indoors. The electrically powered scooters are available in 3-wheel or 4-wheel layouts. These power scooters are majorly required by the elderly population with impaired strength and balance.


The rising number of the aging population worldwide is likely to boost the mobility scooters’ demand during the forecast period. According to the World Health Organization (WHO), the aging population of 60 years and above is expected to reach 2 billion by 2050. The growing technological advancements and the gradual rise in the number of scooter manufacturers are likely to boost the market growth during the forecast period.


COVID-19 Pandemic to Shrink Mobility Scooter Demand Impacted by Economic Slowdown


COVID-19 pandemic has negatively impacted the medical devices market including assistive devices used by the disabled and elderly population. Many countries across the globe imposed complete lockdown measures to break the chain of disease spread. However, this has resulted in the disruption of the supply chain that involves a slowdown in the manufacturing process, halted distribution of products, a ban on import and export of devices, etc. This has eventually led to the reduced sales volume of the mobility devices such as mobility scooters leading to decreased revenue generation in the year 2020.


For instance, the Q2 report of Invacare Corporation, a leading provider of assistive mobility scooters reveals a sharply negative impact of the pandemic on the company’s financial performance. The mobility and seating product segment reported a decline in revenue in Q1 and Q2 of the year 2020. The company mentioned an overall decrease in the net sales of the product by 16.8%.


LATEST TRENDS


Request a Free sample to learn more about this report.


Increasing R&D Activities & New Product Approval Trend to Provide Growth Impetus


Mobility scooters are highly advanced disability assistance products that have been successful in providing independence to patients with compromised mobility. Similar to the powered wheelchairs, assistive mobility scooters are either battery-powered or electrically powered. There has been significant improvement in the features of the product such as the inclusion of digital health monitoring accessories such as USB ports and integrated tablets. Additionally, developers are focusing on developing the product with the ability to connect several apps and mobile phones to enable easy use. In the past, these scooters were unable to go on sand and grass without help. However, new technology is being developed with the increased speed of the scooters to overcome these hurdles.


The latest technological advancements in scooters include an increase in the speed of the scooters so that up to 3.7 mph they can pass easily over uneven pavements and take sharp corners. These innovations are likely to attract more users to adopt advanced mobility scooter products driving the growth of the market.


DRIVING FACTORS


Rising Awareness for Advanced Mobility Devices to Drive Market Growth


The proportion of the aged population across the globe is rising at a rapid rate. With the growing age, the geriatric population is more prone to mobility disorders, which is anticipated to propel the market growth during the forecast period. The increasing disabled population is likely to boost the number of people requiring these scooters across the globe. According to the U.S. Census Bureau report of 2017, 40% of American adults aged 65 and older are reported to have a mobility disability, while having trouble with walking or standing.


Mobility impairment may be caused by a number of factors such as congenital disorder, accidents, and orthopedic impairments, or neuromuscular disorders. The rapidly growing technological innovation in scooter designs and the introduction of several mobility products such as powered scooters by major companies are expected to expand the sales of mobility scooters in the forthcoming years.


RESTRAINING FACTORS


High Product Cost to Hinder Market Growth


Mobility scooters offer wide mobility options enabling disabled people independence, flexibility, and great means of transportation. However, these products are operational on battery or electrical power that makes them expensive. Additionally, the cost of the battery is 30% of the price of the mobility scooter leading to costly after-market purchases. The high cost of the products makes them unaffordable for the population residing in economically weak countries where there is limited spending on lifestyle-easing products and poor reimbursement policies.


SEGMENTATION


By Wheels Analysis


To know how our report can help streamline your business, Speak to Analyst


Rise in Affordability to Boost the Sales of 4 Wheel Segment


Based on wheels, the segment includes 3 Wheels, 4 Wheels, and others.


Among them, the 4-wheels segment held the largest market share in the year 2019. The growing adoption of 4-wheeled powered scooters among older people, the increasing spending capacity and affordability, and the rising awareness about the advantages of using them are likely to boost the growth of the segment during the forecast period. The 4-wheel scooters offer higher stability, are more rugged, and of an excellent choice for use on roads and rough terrain, making it the preferred choice for traveling over a longer distance.


The 3-wheel segment is highly suitable for outdoor light usage, having good maneuverability, and is more comfortable than compact model scooters. The growing number of players engaged in 3-wheel scooters is likely to fuel the segment growth during the forecast period.


By End-user Analysis


Personal Use Segment to Remain Dominant


Based on end-user, the market has been categorized into personal use and institutional use.


Among them, the personal use segment captured a significant share of medical mobility scooters. This is mainly due to the rising prevalence of mobility disabilities among the geriatric population, which in the future is likely to boost the growth of the segment at a significant rate. Rapid growth in awareness about the advantages of using scooters to regain mobility, specifically designed for personal use, is likely to propel the segment growth during the forecast period.


There are a number of lightweight scooters such as the TravelScoot, which is the world’s lightest electric mobility scooter used by the elderly population to travel long distances and making it easier to lift around several times a day. Such advancements are likely to boost the usage of mobility scooters for personal use. Moreover, with the growing economies of many developing nations, the purchasing power of these mobility assistive scooters for personal use is likely to increase during the forecast period, further augmenting the growth of the segment.


The institutional use segment is projected to showcase remarkable growth during the forecast period owing to the increasing preference for battery-operated scooters over manual wheelchairs among medical care providers in the elderly care centers.


REGIONAL INSIGHTS


North America Mobility Scooters Market Size, 2019 (USD Million)

To get more information on the regional analysis of this market, Request a Free sample


North America market stood at USD 562.3 million in 2019 and is expected to hold the highest position in the global market during the forecast period. This is attributable to the initiatives taken by the government to support the accessibility of high-end mobility products among people that require assistive mobility aid equipment. Moreover, the increasing number of the aging population and a strong footprint of key players are anticipated to boost the market growth in the region.


Europe is anticipated to hold the second-largest market share owing to the growing adoption of scooters. According to the report by ClinMed International Library, around 300,000-350,000 mobility scooters were used in the U.K in 2017. The report further states that this is expected to rise in number with the growing number of aging people in several countries of Europe that is likely to favor market growth.


Asia-Pacific is likely to experience a fast-paced growth during the forecast period majorly due to the growing adoption of scooters as an assistive device among the population with lower extremities conditions and the rapidly growing geriatric patient population.


The market in Latin America is expected to grow considerably with the increasing economic condition, the growing prevalence of mobility diseases, and the high penetration of the products in the region.


The Middle East & Africa is likely to experience comparatively slow growth owing to the lower adoption of the mobility scooters and limited product offerings by key players in the region.


KEY INDUSTRY PLAYERS


Strong Product Offerings by Key Players to Consolidate Their Market Positions


Invacare Corporation, Van Os Medical B.V., Pride Mobility Products Corp., Medical Depot, Inc., and Golden Technologies are the leading players in the mobility scooters market with a strong brand presence combined with a wide range of product offerings. These players are likely to continue their dominance in the mobility devices area and generate strong sales during the forecast period owing to the development of highly advanced scooters.


Other players involved in the distribution and manufacturing of mobility scooters with a considerable market share include Afikim Electric Vehicles, Amigo Mobility International, and others.


LIST OF KEY MARKET PLAYERS PROFILED:



  • Invacare Corporation (Ohio, United States)

  • Excel Mobility (Van Os Medical B.V.) (Steenbergen, Netherlands)

  • Pride Mobility Products Corp. (Pennsylvania, United States)

  • Medical Depot, Inc. (New York, United States)

  • Golden Technologies ( Pennsylvania, United States)

  • Afikim Electric Vehicles (Jordan Valley, Israel)

  • Amigo Mobility International (Michigan, United States)

  • Others


KEY INDUSTRY DEVELOPMENTS:



  • October 2020: The Government in England announced a new accessibility scheme through which scooter friendly stations are being developed to enable mobility scooter users in South Yorkshire to travel to and from 10 stations across the Northern Rail network.

  • October 2019: A pilot project was launched on the World Day of the Elderly by the Government of Malta, where the elderly people with mobility problems can commute around Valletta with the help of electric scooters.

  • October 2018: Pride Mobility Products Corp. and Quantum Rehab hosted Disability Mentoring Day. The company offered an opportunity to 18 students with disabilities using scooters as an assistive mobility device to be mentored by career professionals in various fields during Disability Mentoring Day (DMD) 2018. Through this, the students using mobility scooters were able to tour and explore their learning in careers in research and development, sales, technical service, and production. 


REPORT COVERAGE


An Infographic Representation of Mobility Scooter Market

To get information on various segments, share your queries with us



The market research report provides detailed information regarding various insights into the market. Some of them are growth drivers, restraints, competitive landscape, regional analysis, and challenges. It further offers an analytical depiction of the market trends and estimations to illustrate the forthcoming investment pockets. The information gathered in the report has been taken from several primary and secondary sources.


Report Scope & Segmentation








































 ATTRIBUTE



  DETAILS



Study Period



  2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Value (USD Billion)



Segmentation



By Wheels



  • 3 Wheels

  • 4 Wheels

  • Others



By End-user



  • Personal use

  • Institutional Use



By Region



  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa






Frequently Asked Questions

As per Fortune Business Insights study, the market is predicted to reach USD 1.85 billion by 2027.

In 2019, the market stood at USD 1.30 billion.

The market is projected to grow at a CAGR of 6.9% during the forecast period (2019-2026).

The 4-wheel segment is the leading segment in the market.

The growing number of the aging population and the increasing adoption of advanced scooters are the key factors driving the growth of the market

Invacare Corporation, Ottobock, Sunrise Medical Limited, Pride Mobility Products Corp., and Permobil are the top players in the market.

North America is expected to hold the highest share in the market.

The personal use segment in the end-user category is expected to drive the adoption of the market.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts
Speak to an Expert
  • REPORT UPDATE
    IN PROCESS
  • 2019-2032
    (In Process)
  • 2023
    (In Process)
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X