Showing posts with label Global Travel Mobility Scooter Market Shares. Show all posts
Showing posts with label Global Travel Mobility Scooter Market Shares. Show all posts

Thursday, June 13, 2019

Increase In Incidences of Knee & Spine Disorders, Followed by Rise in Geriatric Population to Drive the Global Travel Mobility Scooter Market Over the Forecast Period: Ken Research


A mobility scooter is a mobility aid wheelchair configured similar to a motor scooter. It is referred to as a power-operated scooter/vehicle or electric scooter as well. It has a seat over three, four/five wheels, handlebars or a delta-style steering arrangement in front to turn one, a flat area or foot plates for the feet, two or three steerable wheels. The travel mobility seat may rotate to allow access when the front is blocked by the handlebars. The scooters are battery powered which is charged via onboard or split type battery charger component from the standard electric power. It also provides a new lease of life from new set up independence. It can also increase individual’s ability to get more support from the day to day activities. The use of travel mobility scooters offers comfort, elegance and ease of use as it is very helpful for people with the complete disabling conditions (some forms of arthritis, coronary or lung issues, obesity, etc.) who are still competent to stand & walk a few steps, sit upright without upper body support, and managing the steering tiller. Additionally, these scooters in common and more affordable than other powered wheelchairs, leading to become a cheaper alternative.

According to study, “Global Travel Mobility Scooter Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” some of the other major companies currently operating in the global travel mobility scooter market are Kymco, Pride Mobility Products, Sunrise Medical, Invacare, Hoveround Corp, Roma Medical, Golden Technologies, Drive Medical, Van Os Medical, Quingo, Electric Mobility, TGA Mobility, Vermeiren, Amigo Mobility, Afikim Electric Vehicles, Merits Health Products.

Based on type, global travel mobility scooter is segmented into front-wheel drive (FD) and Rear-Wheel Drive (RD). The FD is a smaller device and is used indoors with rider load capacity of 170 pounds (77 kg). The RD is used both indoors & outdoors with rider load capacity of 350 pounds (160 kg). Based on term of design, market is segmented into small light scooters, mid-range scooters, large heavy scooters, slow & steady and user powered mobility scooters. Based on wheels, market is segmented into 3 wheels travel mobility scooter, 4 wheels travel mobility scooter and 5 wheels travel mobility scooter. Based on applications, market is segmented into metal mining, coal mining and mineral mining. Based on end-use industries, market is segmented into commercial buildings, residential industries and others.

The global travel mobility scooter is driven by increase in incidences of knee & spine disorders, followed by rise in geriatric population, increasing government organizations and rise in accidental or innate deformities. In addition, many government initiatives such as Affordable Care Act in the U.S., provides subsidy on travel mobility scooters for patients. Additionally, availability of mobility scooters in various designs & features has increased attention of consumers towards mobility scooters. Apart from the major advantages, some of factors hampering demand of travel mobility scooter market include the high cost of the devices, lack of infrastructure in many parts of the world, and the use of refurbished mobility scooters.

North American region dominates the market owing to high demand for mobility scooters and government policies. Moreover, sophisticated reimbursement policies, baby boomer effect, high awareness about the device are the other key aspects favoring the market in the region. Followed by North America, Europe region accounted for the second major share of the market due to rise in disposable income and increase in awareness. However, Asia Pacific is anticipated to grow at a higher growth rate due increase in health care awareness among the patient population. In 2019, the market of global travel mobility scooter market reached at US $670 million and it is expected that the market to reach at US $1070 million, by 2024.

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