Saudi Arabia Mobility Aid Medical Devices Market to be Dominated by the Wheelchair Segment Through 2028
The rising aging population and demand for
personalized mobility devices is driving the growth of the Saudi Arabia
Mobility Aid Medical Devices Market during the forecast period, 2024-2028.
According to the TechSci Research
report, “Saudi Arabia Mobility Aid Medical
Devices Market - By Industry,
Competition, Forecast and Opportunities, 2028”, Saudi Arabia Mobility
Aid Medical Devices Market is projected to increase at an impressive rate during
the forecast period, 2024-2028. The market for personal mobility devices is
being driven by a variety of important factors, including an expanding
population, increased product development, and an increase in accidents that
result in impairments. The main drivers of market expansion are the growing
elderly population and the prevalence of chronic diseases worldwide. These factors
are driving the Saudi Arabia Mobility Aid Medical Devices market during the
forecast period, 2024-2028.
However, since
distribution systems are now easier as a result of updated COVID-19 regulations
in many locations, the deployment of proactive measures and policies has improved
prospects for market actors. The market for personal mobility devices is
anticipated to be driven by government initiatives such as advantageous
reimbursement rules and the Medicare reimbursement scheme for purchased and
rented devices.
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The Saudi Arabia Mobility Aid Medical
Devices Market is segmented based on product and end-user.
Based on product type, the market is segmented
into wheelchairs, walking aids, mobility lifts,
slings, tricycles, and mobility scooters. The wheelchairs category is expected
to register a high CAGR in the Saudi Arabia Mobility Aid Medical Devices Market.
The wheelchairs segment is further bifurcated into manual and automatic. The
manual segment dominated the growth of the wheelchair segment in the Saudi
Arabia mobility aid medical devices market owing to high demand and preference.
Moreover, as compared to automatic wheelchairs, manual wheelchairs are economic
and are one of the most common assistive devices used in personal mobility. The use of
suitable wheelchairs increases quality of life, lessens frequent issues
including deformities and pressure sores, and enhances respiration and
digesting. Furthermore, other segments such as walking aids, mobility lifts,
slings, tricycles, and mobility scooters are anticipated to support the growth
of the market throughout the forecast period, 2024-2028.
Based on end-user, the market is divided
into personal and institutional. The personal segment is expected to hold the
largest market share during the forecast period, 2024-2028. This is due to
childhood arthritis and developmental impairments becoming more common. The use
of mobile devices has significantly aided older persons in speedy recovery from
significant disabilities and in maintaining their physical activity levels.
Therefore, the benefits that mobility devices provide to personal users and the
quick increase in the adoption of mobility devices are projected to have a
substantial impact on sustaining the segment's dominance over the forecast period.
Moreover, a rise in the desire for personalized mobility assistance would
probably result in increased sales of medical equipment to individuals,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
Major companies operating in the Saudi
Arabia Mobility Aid Medical Devices Market are:
- Pride Mobility
Products Corporation
- Back Comfort Trading
Co.
- Medline Industries
- Invacare
Corporation
- Permobil AB
- Ottobock Healthcare.
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Saudi Arabia Mobility Aid
Medical Devices Market- By Product (Wheelchairs (Manual v/s Automatic), Walking
Aids (Canes, Crutches, Walker), Mobility Lifts, Slings (Universal Slings,
Bathing & Toileting Slings, Stand Up Slings), Tricycles (Universal Slings,
Bathing & Toileting Slings, Stand Up Slings), Mobility Scooters (3-Wheel
v/s 4-Wheel)), By End User (Personal and Institutional), By Company, and By Region,
has evaluated the future growth potential of Saudi Arabia Mobility Aid Medical
Devices Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the Saudi Arabia Mobility
Aid Medical Devices Market.”
Contact
Mr. Ken Mathews
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Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com