According to the latest report by IMARC Group “Personal Mobility Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global personal mobility devices market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.
A personal mobility device (PMD) refers to assistive equipment that facilitates transportation amongst individuals with mobility issues due to disabilities or age. Some of the commonly used instruments include motorized wheelchairs, canes, walkers, crutches, and electric scooters. PMD can be used both indoors and outdoors. The indoor devices conserve energy as they are smaller in size.