Invacare Corporation introduced its next generation E-Fix Eco Power Assist devices. This power assist device aims to convert a manual wheelchair into a portable wheelchair through joy stick, battery, and in-wheel motors.
GF Health Products announced that the company acquired Gendron, Inc., a manufacturer of mobility devices, and a seating products.
Author Credits: Radhika Gupta, Shivam Bhutani
Report ID: 4246
Published Date: Feb 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Rising level of the chronic diseases and increasing demand for wheelchairs are estimated to majorly boost the market growth.
The market size of mobility aid devices is anticipated to attain a CAGR of 5.2% over the forecast period, i.e., 2023 – 2035.
The major players in the market are Sunrise medical (US) LLC, Permobil, Inc., Stryker Corporation, MEYRA GmbH (MEYRA Group), Besco Medical Limited, Medline Industries, LP, GF Health products. Inc, Kaye Products, INC, and others.
The wheelchair segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.