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Bengaluru, Karnataka, India, 2016/07/11 - A recent market research report published by Beige Market Intelligence gives an insight of the growth aspects of Mobility Scooter Market. It covers a detailed competitive analysis of the key vendors - BeigeMarketIntelligence.com.
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. Mobility scooters are preferred more as a main alternative for wheelchairs.
The use of electric scooters for adult and handicap scooters has been seen increasing because the handicap scooters are cost-effective because of government schemes. The used mobility scooters are easily available in second-hand market.
Most disabled and aging people feel very uncomfortable to use traditional wheelchairs where as different type of mobility scooters have been more trendy and advanced giving the person a feel of modernity instead. The rise in geriatric population and increasing incidences of knee disorders and disabilities in mobility is a key factor for the increasing demand of handicap scooters and other mobility aids. The Government initiatives and Other R&D investment on these mobility device is going to escalate the market.
Based on the current scenario and future market, a recent report published by Beige Market Intelligence on Global Mobility Scooter Market forecasts a CAGR of 3.08% till 2021. The analysts expect the global mobility scooter market to reach approx. US $2.4 billion by 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 Scooter
• 5 wheel Scooters.
Mobility Scooter by Geography Segmentation
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.
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.