U.S. Personal Mobility Devices Market To Witness Massive Growth By 2030
U.S. Personal Mobility Devices Market Summary The U.S. personal mobility devices market size was valued at USD 3.64 billion in 2023 and is projected to grow at a CAGR of 7.0% from 2024 to 2030. The growing aging population, a rising number of accidents leading to disabilities, continuous technological advancements, and new product developments are among the major factors fueling the demand for personal mobility devices, including mobility scooters, power wheelchairs, and walkers. The increasing prevalence of disabilities and chronic conditions among adults has been identified as the key driver for this market in the U.S. According to the Centers for Disease Control and Prevention (CDC), around 12.1% of U.S. adults experience a mobility disability that significantly impacts their ability to walk and climb. Technological advancements have emerged as a vital growth driver, with innovations such as lightweight materials, longer battery life, enhanced maneuverability, and ...