Global Clinical Mobility Aids Market 2017-2021
About Clinical Mobility Aids
The global clinical mobility aids market includes both low-end and high-end products. Low-end mobility aids include canes, walkers, and crutches. These are, however, commonly used by the older adult population. On the other hand, high-end mobility aids such as manual wheelchairs, powered wheelchairs, and mobility scooters are preferred in clinics and hospitals to provide patients the required mobility during their hospital stay. Thus, these products have steady demand from end-users, which motivates emerging manufacturers to enter the market and expand their product portfolios. Other factors such as the rising number of medical emergencies, continuous product evolution, and automation of manually-operated products are also driving the global clinical mobility aids market.
Technavio’s analysts forecast the global clinical mobility aids market to grow at a CAGR of 4.53% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global clinical mobility market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of clinical mobility.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Clinical Mobility Aids Market 2017-2021
Technavio recognizes the following companies as the key players in the global clinical mobility aids market: nvacare, Medical Depot, Sunrise Medical, and GF Health Products
Other Prominent Vendors in the market are: Medline Industries, Pride Mobility Products, Ottobock, NOVA Medical Products, Ostrich Mobility Instruments, Magic Mobility, Karma Mobility, Ossenberg, Permobil, and Hoveround
Commenting on the report, an analyst from Technavio’s team said: “Clinical mobility products such as wheelchairs are used in healthcare facilities to enhance the mobility of patients. Wheelchairs need the assistance of another person to be moved from one place to another. In operation theaters and patient wards, wheeled stretchers are used.”
According to the report, healthcare providers such as diagnostic and patient care centers, clinics, and hospitals are increasing in terms of numbers and facilities provided. The rising number of chronic diseases, medical emergencies, and short-term and long-term disabilities also play a major role in increasing the number of healthcare providers. Due to the increase in the footfall of patients to avail healthcare services, the demand for mobility aid products, such as wheelchairs, walkers, canes, and crutches, is also increasing. The most commonly used mobility aid products in hospitals are manually operated wheelchairs, which can be either self-propelled or attended-propelled, depending on the critical nature of the patient. These wheelchairs are mainly used in patient wards during the post-treatment phase. Due to the increase in the number of hospitals and advanced diagnostics services, the adoption of these products is also increasing, which is driving the demand for these products. Suppliers and manufacturers are investing to enter new markets or to expand their presence in existing markets.
Further, the report states that clinical mobility aids are used by patients both in clinics and home-based healthcare services. However, maintain the availability of the required product is not easy for the suppliers or manufacturers. The manufacturers must incur high logistic, warehousing, and labor costs to supply these products in remote or rural areas. Therefore, to avoid these extra costs, the manufacturers and suppliers are not willing to supply products to these areas. Another challenge is unstructured reimbursement policies, under which the governments supply these products to patients, clinical service providers, and home-based healthcare service providers. As a result, the lack of services is reducing the number of products supplied and revenue generated resulting in lower profit margins. Therefore, the global clinical mobility aids market is negatively impacted by marginal revenue.
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nvacare, Medical Depot, Sunrise Medical, GF Health Products, Medline Industries, Pride Mobility Products, Ottobock, NOVA Medical Products, Ostrich Mobility Instruments, Magic Mobility, Karma Mobility, Ossenberg, Permobil, and Hoveround
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