PUBLISHER: The Business Research Company | PRODUCT CODE: 1811025
PUBLISHER: The Business Research Company | PRODUCT CODE: 1811025
Senior mobility aid devices are assistive tools specifically designed to help older adults maintain or improve their physical mobility and independence. These devices are created to address age-related difficulties such as diminished strength, balance, and coordination, promoting safer and more confident movement. By providing stability and support, these aids help reduce the risk of falls and injuries, assist with daily activities, and enhance overall well-being and quality of life.
The primary types of senior mobility aid devices include wheelchairs, scooters, walking aids, mobility lifts, and others. Wheelchairs are wheeled mobility devices designed for elderly individuals who have difficulty walking or are unable to walk. They come in a range of price points low, medium, and high and are available through both online and offline distribution channels. These devices serve various end users, including individuals, hospitals and nursing homes, assisted living facilities, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The fast surge in U.S. tariffs and the trade tensions that followed in spring 2025 are heavily affecting the medical equipment sector, particularly for imported imaging machine components, surgical-grade stainless steel, and plastic disposables. Hospitals and clinics resist price hikes, pressuring manufacturers' margins. Regulatory hurdles compound the problem, as tariff-related supplier changes often require re-certification of devices, delaying time-to-market. Companies are mitigating risks by dual-sourcing critical parts, expanding domestic production of commoditized items, and accelerating R&D in cost-efficient materials.
The senior mobility aid devices market research report is one of a series of new reports from The Business Research Company that provides senior mobility aid devices market statistics, including senior mobility aid devices industry global market size, regional shares, competitors with a senior mobility aid devices market share, detailed senior mobility aid devices market segments, market trends and opportunities, and any further data you may need to thrive in the senior mobility aid devices industry. This senior mobility aid devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The senior mobility aid devices market size has grown strongly in recent years. It will grow from $11.11 billion in 2024 to $11.98 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth during the historic period can be attributed to the aging global population, increased life expectancy, a rise in age-related mobility challenges, growing cases of osteoporosis and arthritis, and higher prevalence of neurological disorders.
The senior mobility aid devices market size is expected to see strong growth in the next few years. It will grow to $15.97 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The anticipated growth in the forecast period can be attributed to increasing healthcare spending, greater government funding for elder care, the expansion of elderly care insurance programs, growth in the home healthcare sector, and a rising number of specialized mobility aid startups. Key trends during this period include innovations in lightweight and ergonomic designs, the integration of smart technologies, development of robotic and AI-powered assistive devices, the introduction of foldable and portable mobility aids, and advancements in battery technology for powered devices.
The rising rates of disability are expected to drive the growth of the senior mobility aid devices market. Disabilities are long-term physical, mental, intellectual, or sensory conditions that can limit a person's ability to participate fully and equally in society. The increase in disabilities is linked to the aging global population, which sees a higher prevalence of age-related conditions such as arthritis, dementia, and vision or hearing loss, leading to lasting impairments. Senior mobility aid devices play a crucial role in improving the independence and daily activities of individuals with disabilities by providing necessary support, stability, and easier movement. For example, in October 2024, the House of Commons Library in the UK reported that 16.1 million people had a disability during the 2022-23 financial year, representing 24% of the country's population. This trend is expected to contribute to the expansion of the senior mobility aid devices market.
Companies in the senior mobility aid devices sector are focusing on developing advanced pedestrian-mobility-assistance models that offer cost-effective and non-invasive ways to improve mobility. These devices help people with mobility challenges move safely and independently in walking environments. For instance, in March 2023, Toyota Motor Corporation, a Japanese automotive manufacturer, introduced the C+walk S. This three-wheeled mobility device is designed for seniors and others who have difficulty walking long distances, providing a safe and user-friendly means of transportation. It matches average walking speeds and has a sleek design suited to urban settings, allowing for easy side-by-side movement and social interaction. The device can assess the condition of the path ahead and is equipped with safety sensors to detect obstacles and help users avoid collisions, making it ideal for sidewalk travel.
In February 2023, Journey Health & Lifestyle, a U.S.-based healthcare products company, acquired LifeWalker Mobility for an undisclosed sum. This acquisition aims to expand Journey Health & Lifestyle's product range and strengthen its position in the senior mobility market by adding LifeWalker Mobility's innovative mobility aid devices. LifeWalker Mobility is a U.S.-based manufacturer specializing in senior mobility aids.
Major players in the senior mobility aid devices market are Medline Industries LP, Ottobock, Invacare Corporation, Permobil, Sunrise Medical LLC, Drive DeVilbiss Healthcare, Handicare AB, Pride Mobility Products Ltd., Vissco Rehabilitation Aids Pvt. Ltd., Graham-Field Health Products Inc., Merits Health Products Co. Ltd., Nova Medical Products, Meyra Group GmbH, Karma Medical Products Co. Ltd., Narula Udyog (India) Pvt. Ltd, Heartway Medical Products Co. Ltd., Kosmochem Pvt. Ltd., Arcatron Mobility Pvt. Ltd., Antano Group, PEAAR Healthtech LLP
Asia-Pacific was the largest region in the senior mobility aid devices market in 2024. The regions covered in senior mobility aid devices report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the senior mobility aid devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The senior mobility aid devices market consists of sales of manual mobility support equipment, motorized mobility equipment, transfer aids, and stair assistance equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Senior Mobility Aid Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on senior mobility aid devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for senior mobility aid devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The senior mobility aid devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.