U.S. Group 2 Powered Mobility Devices Market Is Likely To Witness Huge Growth
U.S. Group 2 Powered Mobility Devices Market Summary The U.S. group 2 powered mobility devices market size was valued at USD 2.6 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 12.0% from 2023 to 2030. There was a fall in the U.S. group 2 powered mobility devices market in 2020 due to the COVID-19 outbreak. However, the increasing geriatric population and rising acceptance of powered mobility devices for various outdoor activities are anticipated to provide a boost to the market. The pandemic negatively impacted the mobility devices industry, disrupting not only the demand for medical procedures and therapy but also creating delays in the supply chain. The shortage in logistics and shipping services during this period caused significant delays in the delivery of mobility products and services to customers, further restraining market growth. In the U.S., it is estimated that around 2.7 million people rely on wheelchairs for their...