
Group 2 Powered Mobility Devices Market by Product Type (Power Operated Vehicle, Powered Wheelchairs), Payment Type (Out-Of-Pocket, Reimbursement), Sales Channel - Global Forecast 2024-2030
Description
Group 2 Powered Mobility Devices Market by Product Type (Power Operated Vehicle, Powered Wheelchairs), Payment Type (Out-Of-Pocket, Reimbursement), Sales Channel - Global Forecast 2024-2030
The Group 2 Powered Mobility Devices Market size was estimated at USD 1.81 billion in 2023 and expected to reach USD 2.07 billion in 2024, at a CAGR 14.63% to reach USD 4.71 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Group 2 Powered Mobility Devices Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Group 2 Powered Mobility Devices Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Group 2 Powered Mobility Devices Market, highlighting leading vendors and their innovative profiles. These include Aetna Inc., Drive Medical Spv, LLC, Freedom Mobility Center, Inc., GF Health Products Inc., Golden Technologies, Hoveround Corporation, Invacare Corporation, Karma Medical Products Co., LTD., Karman Healthcare, Merits Health Products Co., Ltd., National Seating & Mobility, Inc., Permobil, Inc., Pride Mobility Products Corporation, Redman Power Chair, Shoprider Mobility Products, Inc., United Seating and Mobility, LLC, and WHILL, Inc.
Market Segmentation & Coverage
This research report categorizes the Group 2 Powered Mobility Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product Type
Power Operated Vehicle
Powered Wheelchairs
Payment Type
Out-Of-Pocket
Reimbursement
Sales Channel
E-Commerce
Retail
Veteran Affairs
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Group 2 Powered Mobility Devices Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Group 2 Powered Mobility Devices Market?
3. What are the technology trends and regulatory frameworks in the Group 2 Powered Mobility Devices Market?
4. What is the market share of the leading vendors in the Group 2 Powered Mobility Devices Market?
5. Which modes and strategic moves are suitable for entering the Group 2 Powered Mobility Devices Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
181 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Group 2 Powered Mobility Devices Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing presence of geriatric and disabled population worldwide
- 5.1.1.2. Significant investments and initiatives for strengthening home healthcare solutions
- 5.1.1.3. Supportive governmental frameworks for disabled and geriatric population healthcare
- 5.1.2. Restraints
- 5.1.2.1. Limitation associated with the insurance coverage and reimbursement policies
- 5.1.3. Opportunities
- 5.1.3.1. Rising online availability of group 2 powered mobility devices
- 5.1.3.2. Technological advancements to improve comfort and quality of products
- 5.1.4. Challenges
- 5.1.4.1. Complications related to the use of powered mobility devices
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Group 2 Powered Mobility Devices Market, by Product Type
- 6.1. Introduction
- 6.2. Power Operated Vehicle
- 6.3. Powered Wheelchairs
- 7. Group 2 Powered Mobility Devices Market, by Payment Type
- 7.1. Introduction
- 7.2. Out-Of-Pocket
- 7.3. Reimbursement
- 8. Group 2 Powered Mobility Devices Market, by Sales Channel
- 8.1. Introduction
- 8.2. E-Commerce
- 8.3. Retail
- 8.4. Veteran Affairs
- 9. Americas Group 2 Powered Mobility Devices Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Group 2 Powered Mobility Devices Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Group 2 Powered Mobility Devices Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Aetna Inc.
- 13.1.2. Drive Medical Spv, LLC
- 13.1.3. Freedom Mobility Center, Inc.
- 13.1.4. GF Health Products Inc.
- 13.1.5. Golden Technologies
- 13.1.6. Hoveround Corporation
- 13.1.7. Invacare Corporation
- 13.1.8. Karma Medical Products Co., LTD.
- 13.1.9. Karman Healthcare
- 13.1.10. Merits Health Products Co., Ltd.
- 13.1.11. National Seating & Mobility, Inc.
- 13.1.12. Permobil, Inc.
- 13.1.13. Pride Mobility Products Corporation
- 13.1.14. Redman Power Chair
- 13.1.15. Shoprider Mobility Products, Inc.
- 13.1.16. United Seating and Mobility, LLC
- 13.1.17. WHILL, Inc
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. GROUP 2 POWERED MOBILITY DEVICES MARKET RESEARCH PROCESS
- FIGURE 2. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, 2023 VS 2030
- FIGURE 3. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. GROUP 2 POWERED MOBILITY DEVICES MARKET DYNAMICS
- FIGURE 7. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2030 (%)
- FIGURE 8. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY PRODUCT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY PAYMENT TYPE, 2023 VS 2030 (%)
- FIGURE 10. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY PAYMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY SALES CHANNEL, 2023 VS 2030 (%)
- FIGURE 12. GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY SALES CHANNEL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA GROUP 2 POWERED MOBILITY DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. GROUP 2 POWERED MOBILITY DEVICES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. GROUP 2 POWERED MOBILITY DEVICES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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