PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1347281
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1347281
India Mobility Aids Medical Devices Market, By Type ; By End User ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India Mobility Aids Medical Devices Market Size Set to Cross USD 467 Million by 2029.
India mobility aids medical devices market is flourishing because of rising awareness about the products, government's supportive initiatives, growing geriatric population, and increasing prevalence of disabilities.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India mobility aids medical devices market size at USD 322.1 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the India mobility aids medical devices market size to grow at a significant CAGR of 6.39% reaching a value of USD 467.2 million by 2029. Major growth drivers for the India mobility aids medical devices market include an increasing geriatric population resulting in rising mobility-related issues. There is a growing awareness among the public about the importance of accessibility and inclusive healthcare, contributing to increased adoption of these devices. Government initiatives aimed at improving healthcare infrastructure and promoting assistive devices have also played a crucial role in shaping the market. Also, technological advancements have led to the development of more efficient and user-friendly mobility aids, further propelling market growth. The escalating prevalence of disabilities, urbanization, and changing lifestyles have also increased the need for mobility aids, making them a crucial component of the healthcare landscape in India. However, lack of accessibility and infrastructure is anticipated to restrain the overall market growth during the period in analysis.
India Mobility Aids Medical Devices Market - Overview:
India mobility aids medical devices market refers to the sector within the medical industry that encompasses the production, distribution, and utilization of assistive devices designed to enhance the mobility and independence of individuals with disabilities or mobility challenges. These mobility aids can include a wide range of products, such as wheelchairs, crutches, walking sticks, mobility scooters, and other assistive devices. The market focuses on providing solutions that address the mobility needs of people with various physical impairments, injuries, or age-related limitations, contributing to improved accessibility and quality of life for such individuals in India.
Impact of COVID-19 on India Mobility Aids Medical Devices Market:
COVID-19 pandemic had a mixed impact on the India mobility aids medical devices market. On the one hand, the increased awareness of healthcare and hygiene has driven demand for mobility aids as people prioritize their health and safety. However, disruptions in supply chains and manufacturing during lockdowns have led to temporary challenges in meeting this demand. Additionally, the economic slowdown has affected consumer spending, impacting the affordability of mobility aids for some individuals. Nevertheless, as the pandemic highlighted the importance of healthcare preparedness, it also opened opportunities for the market to innovate and collaborate with technology to improve accessibility and distribution in the post-pandemic era.
India Mobility Aids Medical Devices Market - By Type:
By type, the India mobility aids medical devices market is divided into Wheelchairs, Mobility Scooters, and Walking Aids segments. Wheelchairs and walking aids segments held the highest market share in the India mobility aids medical devices market by type due to their essential role in assisting individuals with mobility challenges. They provide significant support and independence for people with disabilities or limited mobility. These aids are widely used and highly demanded because of their practicality, cost-effectiveness, and versatility in addressing various mobility needs, making them the most popular choices among consumers and healthcare providers in India.
Competitive Landscape:
Major players operating in the India mobility aids medical devices market include: GF Health Products, Inc., Invacare Corporation, Pride Mobility Products Corporation, Sunrise Medical Limited, OttoBock Healthcare GmbH, Permobil AB, Drive Medical Ltd., and Levo AG. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Mobility Aids Medical Devices Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Mobility Aids Medical Devices Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Mobility Aids Medical Devices Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Aging population and increasing prevalence of disabilities
- 3.2.1.2. Rising awareness and government initiatives
- 3.2.2. Restraints
- 3.2.2.1. Lack of accessibility and infrastructure
- 3.2.3. Opportunities
- 3.2.3.1. Advancement in technology
- 3.2.4. Challenges
- 3.2.4.1. Lack of awareness and education
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Mobility Aids Medical Devices Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Wheelchairs
- 4.2.1.2. Mobility Scooters
- 4.2.1.3. Walking Aids
- 4.2.1.4. Others
- 4.2.2. By End User
- 4.2.2.1. Personal User
- 4.2.2.2. Institutional User
- 4.2.3. By Region
- 4.2.3.1. North India
- 4.2.3.2. South India
- 4.2.3.3. East India
- 4.2.3.4. West India
- 4.2.1. By Type
5. North India Mobility Aids Medical Devices Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.2. By End User
- 5.2.3. By End User
6. South India Mobility Aids Medical Devices Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By End User
7. East India Mobility Aids Medical Devices Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By End User
8. West India Mobility Aids Medical Devices Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By End User
9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India Mobility Aids Medical Devices Market Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Mobility Aids Medical Devices Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 11.1. GF Health Products, Inc.
- 11.2. Invacare Corporation
- 11.3. Pride Mobility Products Corporation
- 11.4. Sunrise Medical Limited
- 11.5. OttoBock Healthcare GmbH
- 11.6. Permobil AB
- 11.7. Drive Medical Ltd
- 11.8. Levo AG
- 11.9. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Region
- 13.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 India Mobility Aids Medical Devices Market Segmentation
- Figure 2 India Mobility Aids Medical Devices Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Figure 5 India Mobility Aids Medical Devices Market Share, By Product, By Value, 2019-2029
- Figure 6 India Mobility Aids Medical Devices Market Share, By End User, By Value, 2019-2029
- Figure 7 India Mobility Aids Medical Devices Market Share, By Region, By Value, 2019-2029
- Figure 8 North India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Figure 9 North India Mobility Aids Medical Devices Market Share, By Product, By Value, 2019-2029
- Figure 10 North India Mobility Aids Medical Devices Market Share, By End User, By Value, 2019-2029
- Figure 11 South India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Figure 12 South India Mobility Aids Medical Devices Market Share, By Product, By Value, 2019-2029
- Figure 13 South India Mobility Aids Medical Devices Market Share, By End User, By Value, 2019-2029
- Figure 14 East India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Figure 15 East India Mobility Aids Medical Devices Market Share, By Product, By Value, 2019-2029
- Figure 16 East India Mobility Aids Medical Devices Market Share, By End User, By Value, 2019-2029
- Figure 17 West India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Figure 18 West India Mobility Aids Medical Devices Market Share, By Product, By Value, 2019-2029
- Figure 19 West India Mobility Aids Medical Devices Market Share, By End User, By Value, 2019-2029
List of Tables
- Table 1 India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Table 2 India Mobility Aids Medical Devices Market Size, By Product, By Value, 2019-2029
- Table 3 India Mobility Aids Medical Devices Market Size, By End User, By Value, 2019-2029
- Table 4 India Mobility Aids Medical Devices Market Size, By Region, By Value, 2019-2029
- Table 5 North India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Table 6 North India Mobility Aids Medical Devices Market Size, By Product, By Value, 2019-2029
- Table 7 North India Mobility Aids Medical Devices Market Size, By End User, By Value, 2019-2029
- Table 8 South India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Table 9 South India Mobility Aids Medical Devices Market Size, By Product, By Value, 2019-2029
- Table 10 South India Mobility Aids Medical Devices Market Size, By End User, By Value, 2019-2029
- Table 11 East India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Table 12 East India Mobility Aids Medical Devices Market Size, By Product, By Value, 2019-2029
- Table 13 East India Mobility Aids Medical Devices Market Size, By End User, By Value, 2019-2029
- Table 14 West India Mobility Aids Medical Devices Market Size, By Value (USD Million), 2019-2029
- Table 15 West India Mobility Aids Medical Devices Market Size, By Product, By Value, 2019-2029
- Table 16 West India Mobility Aids Medical Devices Market Size, By End User, By Value, 2019-2029
- Table 17 GF Health Products, Inc. Company Overview
- Table 18 GF Health Products, Inc. Financial Overview
- Table 19 Invacare Corporation Company Overview
- Table 20 Invacare Corporation Financial Overview
- Table 21 Pride Mobility Products Corporation Company Overview
- Table 22 Pride Mobility Products Corporation Financial Overview
- Table 23 Sunrise Medical Limited Company Overview
- Table 24 Sunrise Medical Limited Financial Overview
- Table 25 OttoBock Healthcare GmbH Company Overview
- Table 26 OttoBock Healthcare GmbH Financial Overview
- Table 27 Permobil AB Company Overview
- Table 28 Permobil AB Financial Overview
- Table 29 Drive Medical Ltd. Company Overview
- Table 30 Drive Medical Ltd. Financial Overview
- Table 31 Levo AG Company Overview
- Table 32 Levo AG Financial Overview
