Global Clinical Mobility Aids Market 2017-2021

Overview of the global clinical mobility aids market

As per the Technavio’s market research report, the global clinical mobility aids market is expected to grow at steady rate and post a CAGR of more than 4% during the forecast period. The growing demand for home-based services will drive the growth prospects for the global clinical mobility aids market until the end of 2021. The market is witnessing a huge shift from healthcare facilities to home-based services due to the increasing prices of drugs, medical devices, and hospital services that encourage the population to look for more affordable healthcare solutions such as home-based services. As a result, the demand for mobility aid products such as canes, walkers, crutches, and wheelchairs among patients increases. Moreover, the introduction of product designs such as lightweight materials, foldability, and adjustability features in crutches and canes will further fuel the rate of demand and production for these products.

The automation of manually operated products will drive the growth prospects for the global clinical mobility aids market for the next four years. Since smart wheelchairs and powered wheelchairs can be controlled by power buttons or a mobile app and can be operated with minimal human effort, the demand for these products is significantly increasing from hospitals and for home-based patient care.

Competitive landscape and key vendors