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Saudi Arabia Mobility Aid Medical Devices Market Competition Forecast and Opportunities, 2028

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    Report

  • 74 Pages
  • August 2023
  • Region: Saudi Arabia
  • TechSci Research
  • ID: 5869915
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Saudi Arabia Mobility Aid Medical Devices Market is expected to grow at a significant rate during the forecast period. The factors responsible for the growth of the market are increased investment & reimbursement programs by the government, rising need for early detection tools, technical developments to enhance turnaround time, and construction of new facilities by market participants in developing countries are believed to be driving the market's growth. Medical devices that aid in mobility help the elderly and the disabled get around. The primary element driving the market expansion for mobility aid medical devices is the quickening pace of technical improvement. Additionally, the adoption rates of mobility aids are anticipated to considerably increase with the development of sophisticated mobility scooters, transfer lifts, and automatic rollators. For instance, Phoenix Instinct is the first smart wheelchair that is lightweight and has a carbon fiber body in addition to other technologies that make life easier.

Rising aging population along with mobility impairment Disorders is Fueling the Market Growth

The elderly population is becoming much more in need of these devices since they require care, safety, and ease of movement and transfer in both hospital and homecare settings. Growing aging populations are associated with an increase in mobility impairment disorders which is expected to drive the growth of the market. The governments are taking a number of steps to educate the public and various healthcare organizations about the usage of mobility aid medical devices. A significant factor in the development of demand for mobile devices is undoubtedly the expansion of the healthcare infrastructure. Hence, the rising aging population in Saudi Arabia is fueling the demand for the Mobility Aid Medical Devices Market throughout the forecast period.

Increasing Road Accidents in Saudi Arabia is Driving the Market Expansion

Increasing road accidents is a major factor responsible for the increase in demand of mobility aid medical devices as road accidents lead to physical damage and sometimes lead to difficulty in moving. According to the most recent WHO data, 12,317 people died in road traffic accidents in Saudi Arabia in 2020, accounting for 9.19% of all fatalities along with physical difficulties such as paralysis, spinal cord injuries. cerebral palsy. Moreover, Saudi Arabia is ranked 34 in the world with an age-adjusted death rate of 36.13 per 100,000 people. Hence, road accidents are a major cause of physical deformities and may result in moving complications.

Rising Prevalence of Chronic Conditions

During the forecast period, there is expected to be a rise in the prevalence of chronic diseases among all age groups, including muscular dystrophy, cerebral palsy, and arthritis. Along with this, it is projected that the sharp rise in spinal cord injuries is anticipated to significantly drive the market for mobility assistance devices over the forecast period. Moreover, increasing spinal cord injuries is further expected to boom the growth of the market. As nerve function is diminished beneath the site of damage. Spinal cord damage higher up can paralyze the majority of the body and all limbs (called tetraplegia or quadriplegia). Legs and lower body paralysis may result from a lower spinal cord injury (called paraplegia). This factor is expected to fuel the demand of wheelchairs throughout the forecast period, 2024-2028.

Market Segmentation

Saudi Arabia Mobility Aid Medical Devices Market is segmented based on product and end-use. Based on product, the market is further divided into wheelchairs, walking aids, mobility lifts, slings, tricycles, and mobility scooters. On the basis of end user, the market is divided into personal and institutional.

Market players

Pride Mobility Products Corporation, Back Comfort Trading Co., Medline Industries, Invacare Corporation, Permobil AB, and Ottobock Healthcare are the major players in the Saudi Arabia Mobility Aid Medical Devices Market.

Report Scope:

In this report, the Saudi Arabia Mobility Aid Medical Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Saudi Arabia Mobility Aid Medical Devices Market, By Product:

  • Wheelchairs
  • Walking Aids
  • Mobility Lifts
  • Slings
  • Tricycles
  • Mobility Scooters

Saudi Arabia Mobility Aid Medical Devices Market, By End-User:

  • Personal
  • Institutional

Saudi Arabia Mobility Aid Medical Devices Market, By Region

  • Northern & Central
  • Western
  • Eastern
  • Southern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Mobility Aid Medical Devices Market.

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customers
5. Saudi Arabia Mobility Aid Medical Devices Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Product (Wheelchairs, Walking Aids, Mobility Lifts, Slings, Tricycles, Mobility Scooters)
5.2.2. By End User (Personal v/s Institutional)
5.2.3. By Region
5.2.4. By Company (2022)
5.3. Market Map
6. Saudi Arabia Wheelchair Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Manual v/s Automatic)
6.2.2. By End User
7. Saudi Arabia Walking Aids Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Canes, Crutches, Walker)
7.2.2. By End User
8. Saudi Arabia Slings Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Universal Slings, Bathing & Toileting Slings, Stand Up Slings)
8.2.2. By End User
9. Saudi Arabia Tricycles Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Universal Slings, Bathing & Toileting Slings, Stand Up Slings)
9.2.2. By End User
10. Saudi Arabia Mobility Scooters Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type (3-Wheel v/s 4-Wheel)
10.2.2. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments13. Policy & Regulatory Landscape14. Pricing Analysis15. Saudi Arabia Economic Profile
16. Competitive Landscape
16.1. Pride Mobility Products Corporation
16.2. Back Comfort Trading Co.
16.3. Medline Industries
16.4. Invacare Corporation
16.5. Permobil AB
16.6. Ottobock Healthcare
17. Strategic Recommendations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Pride Mobility Products Corporation
  • Back Comfort Trading Co.
  • Medline Industries
  • Invacare Corporation
  • Permobil AB
  • Ottobock Healthcare

Table Information