Mobility Scooters Market has gained momentum on account of the inclinations of people towards better technologies. A mobility scooter is a replacement for wheelchairs, and it operates on a battery fitted within its system. The movement of handicapped persons is easier with the help of mobility scooters against wheelchairs. Moreover, these scoters can cover longer distances without causing fatigue to the rider. Two types of mobility scooter are rear-wheel drive scooter and front-wheel drive scooter. The former can be used outdoors as well as indoors whereas the latter is smaller and is used indoors only. A report by Transparency Market Research (TMR) sheds light on several factors that contribute to the growth of the global mobility scooter market. The report titled ‘Mobility Scooter Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024’ gives a holistic overview of the drivers, restraints, and opportunities that lie ahead in the market.
The market is primarily driven by the rising geriatric population that suffers the ills of joint dysfunction and other crippling disorders. The rise in the instance of injuries, knee and spine disorders, and accidents has also necessitated the need to have a regular supply of mobility vehicles. Furthermore, governmental initiatives such as the Affordable Care Act ease the financial load of buying equipment for the handicapped. This also contributes to the affluence of the global market. Despite these pros for the market, the high costs of these scooters could hamper the growth of the market.
Geographically, the global market for mobility scooters is reigned by North America where the governments have played a pivotal role in uplifting growth. North America is followed by Europe in terms of market share, in turn, followed by Asia Pacific.
Golden Technologies Inc., Afikim Electric Vehicles., Pride Mobility Products, and Drive Medical Design and Manufacturing are some of the key market players in the global market.