Mobility Scooter Price Trend in US 2015-2021 ($) 1 | Page 3
Mobility Scooter – Market Size and Dynamics
Market Research Analysts at MarketIntelReports, expect the Worldwide Mobility
Scooter Market to reach approx. US $2.4 billion by 2021 and the market to grow at a
CAGR of 3.08 % during the forecast period. The mobility scooters are turning out to be
an ideal alternative to wheelchairs or crutches, which prove to be burdensome for
those who require mobility aid. The global personal mobility market is undergoing a
dramatic shift on account of a rapid increase in adoption of cost-efficient and
technology-based products and also supportive government grants that enable the
elderly and disable population to be more independent. The use of mobility scooters
can help improve the self-perceived quality of life of aging population but can also have
long-term detrimental effects by increasing cardiovascular risks.