
Region:Asia
Author(s):Meenakshi
Product Code:KROD10526
November 2024
85

By Product Type: The India Personal Mobility Devices market is segmented by product type into wheelchairs, mobility scooters, walkers & rollators, canes & crutches, and stair lifts. Wheelchairs dominate the market due to their widespread use among the elderly and disabled population. The demand for manual and powered wheelchairs is high because they are essential in providing independence to individuals with mobility impairments. Wheelchairs offer versatile use in hospitals, homes, and public places, making them the most popular sub-segment in the product type category.

By End-User: The India Personal Mobility Devices market is segmented by end-user into hospitals, home care settings, assisted living facilities, and rehabilitation centers. Hospitals are the largest end-users, accounting for a dominant share of the market. This dominance is driven by the constant need for mobility devices for post-surgical care, patients with mobility restrictions, and the growing focus on providing enhanced mobility solutions to patients. Additionally, hospitals have a higher turnover of patients, necessitating the frequent purchase and maintenance of these devices.

The India Personal Mobility Devices market is dominated by key global and local players, creating a competitive environment driven by innovation, product availability, and pricing strategies. Companies like Karma Healthcare, Invacare Corporation, and Ottobock are among the dominant players, offering a range of mobility devices across different product categories. Local manufacturers like Besco Medical are also growing rapidly, leveraging cost competitiveness and local distribution networks to capture a portion of the market.
|
Company |
Establishment Year |
Headquarters |
No. of Employees |
Revenue (USD Mn) |
Product Range |
R&D Expenditure (USD Mn) |
Presence in India |
Market Share (%) |
Key Distributors |
|
Karma Healthcare |
1987 |
New Delhi, India |
|||||||
|
Invacare Corporation |
1885 |
Elyria, Ohio, USA |
|||||||
|
Ottobock |
1919 |
Duderstadt, Germany |
|||||||
|
Sunrise Medical |
1983 |
Malsch, Germany |
|||||||
|
Besco Medical |
2004 |
Guangdong, China |
The India Personal Mobility Devices market is expected to witness significant growth over the next five years. Key factors contributing to this growth include increased healthcare expenditure, government initiatives promoting accessibility for people with disabilities, and the continuous innovation in mobility technologies such as electric wheelchairs and advanced mobility scooters. The rising awareness around independent living solutions for elderly and disabled populations, coupled with improving healthcare infrastructure in rural areas, will further propel the market forward.
|
Product Type |
Wheelchairs, Mobility Scooters Walkers & Rollators Canes & Crutches Stair Lifts |
|
End-User |
Hospitals, Home Care Settings Assisted Living Facilities Rehabilitation Centers |
|
Technology |
Manual Devices Powered Devices Hybrid Devices |
|
Distribution Channel |
Online, Offline, Direct-to-Customer |
|
Region |
North South East West |
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Key Market Developments and Milestones
3.1. Growth Drivers
3.1.1. Aging Population (Demographic Metrics: Senior Population Growth, Dependency Ratio)
3.1.2. Increasing Prevalence of Disabilities (Health Data: Disability Prevalence Rate)
3.1.3. Rising Healthcare Expenditure (Health Spend as % of GDP)
3.1.4. Technological Advancements in Mobility Devices (Product Innovations, R&D Investment)
3.2. Market Challenges
3.2.1. High Initial Costs (Cost Barriers, Affordability Index)
3.2.2. Limited Insurance Coverage (Healthcare Access Metrics, Insurance Penetration Rates)
3.2.3. Low Awareness in Rural Areas (Rural-Urban Divide, Accessibility Index)
3.2.4. Import Dependency (Trade Data, Import-Export Ratio)
3.3. Opportunities
3.3.1. Government Initiatives for Disability Support (Policy Metrics, Govt. Schemes)
3.3.2. Growing Medical Tourism (Medical Tourist Data, International Patient Inflow)
3.3.3. Product Customization (Innovation Index, Product Diversity Metrics)
3.3.4. Expanding Online Distribution Channels (E-commerce Growth, Digital Adoption Rates)
3.4. Trends
3.4.1. Integration with Assistive Technologies (Wearable Devices, AI Integration)
3.4.2. Shift Towards Electric Mobility (Battery-Powered Devices, Energy Efficiency Standards)
3.4.3. Increasing Use of Lightweight Materials (Material Innovations, Carbon Fiber Adoption)
3.5. Government Regulation
3.5.1. Accessibility Standards (Accessible India Campaign, Guidelines for Barrier-Free Environments)
3.5.2. Import Duties and Tariffs (Custom Duty Policies, Trade Agreements)
3.5.3. Healthcare Reforms (National Health Policies, Universal Health Coverage)
3.5.4. Public-Private Partnerships in Healthcare (PPP Framework, Collaboration Metrics)
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem (Supply Chain, Distributors, Retailers)
3.8. Porters Five Forces Analysis
3.9. Competition Ecosystem
4.1. By Product Type (In Value %)
4.1.1. Wheelchairs
4.1.2. Mobility Scooters
4.1.3. Walkers & Rollators
4.1.4. Canes & Crutches
4.1.5. Stair Lifts
4.2. By End-User (In Value %)
4.2.1. Hospitals
4.2.2. Home Care Settings
4.2.3. Assisted Living Facilities
4.2.4. Rehabilitation Centers
4.3. By Technology (In Value %)
4.3.1. Manual Devices
4.3.2. Powered Devices
4.3.3. Hybrid Devices
4.4. By Distribution Channel (In Value %)
4.4.1. Online
4.4.2. Offline
4.4.3. Direct-to-Customer
4.5. By Region (In Value %)
4.5.1. North
4.5.2. South
4.5.3. East
4.5.4. West
5.1. Detailed Profiles of Major Companies
5.1.1. Karma Healthcare
5.1.2. Invacare Corporation
5.1.3. Ottobock
5.1.4. Sunrise Medical
5.1.5. Pride Mobility Products
5.1.6. Drive DeVilbiss Healthcare
5.1.7. Permobil
5.1.8. Medline Industries
5.1.9. GF Health Products
5.1.10. Hoveround Corporation
5.1.11. MEYRA GmbH
5.1.12. Stryker Corporation
5.1.13. Rehasense
5.1.14. Handicare Group AB
5.1.15. Besco Medical
5.2. Cross Comparison Parameters (No. of Employees, Headquarters, Revenue, Product Offerings, Market Share, R&D Investment, Geographical Presence, Supply Chain Capabilities)
5.3. Market Share Analysis
5.4. Strategic Initiatives (New Product Launches, Collaborations, Joint Ventures)
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.7. Venture Capital Funding
5.8. Government Grants
5.9. Private Equity Investments
6.1. Device Registration Process (Medical Device Rules, 2017 Compliance)
6.2. Certification Requirements (ISO Certifications, CE Marking)
6.3. Reimbursement Policies (Government and Private Sector Insurance)
6.4. Compliance to Standards (IS 12183, BIS Guidelines for Wheelchairs)
7.1. Market Size Projections
7.2. Key Factors Driving Future Market Growth
8.1. By Product Type (In Value %)
8.2. By End-User (In Value %)
8.3. By Technology (In Value %)
8.4. By Distribution Channel (In Value %)
8.5. By Region (In Value %)
9.1. TAM/SAM/SOM Analysis
9.2. Customer Cohort Analysis
9.3. Marketing Initiatives
9.4. White Space Opportunity Analysis
Disclaimer Contact UsThe first step involved identifying the major stakeholders in the Indian Personal Mobility Devices market, including device manufacturers, healthcare institutions, and distributors. We utilized secondary sources such as government publications and proprietary industry databases to gather relevant industry-level data.
This step involved analyzing historical market data, including sales volumes, product distribution, and revenue generation. We also evaluated the market penetration rate of mobility devices across various Indian states, focusing on healthcare facilities and home care settings.
To validate our market assumptions, we conducted interviews with industry experts, including product managers from major mobility device manufacturers and healthcare providers, ensuring the reliability of our data.
We synthesized all collected data to form a comprehensive understanding of the market. This phase also involved engaging with mobility device manufacturers to acquire insights into product demand, consumer preferences, and distribution patterns, ensuring accurate market analysis.
The India Personal Mobility Devices Market is valued at USD 401 million, driven by an aging population and increasing incidence of disabilities, supported by government healthcare initiatives.
Challenges in India Personal Mobility Devices Market include high initial costs, limited insurance coverage, and low awareness of mobility aids in rural areas. Import dependency also hinders local production capabilities.
Major players in India Personal Mobility Devices Market include Karma Healthcare, Invacare Corporation, Ottobock, Sunrise Medical, and Pride Mobility Products. These companies dominate the market due to their product innovation, distribution networks, and strong brand presence.
The India Personal Mobility Devices Market growth drivers include rising healthcare expenditure, an increasing aging population, technological advancements in mobility devices, and government initiatives aimed at enhancing accessibility for disabled individuals.
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