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Mobility aids market predicted to grow to £2.1bn by 2022, research says

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The global mobility aids and transportation market is predicted to grow to £2.1bn ($2.8bn) by 2022, according to a new report.

The Mobility Aids and Transportation Equipment Global Market Report 2019 has predicted that the market will grow at a CAGR of 1.4% by 2022.

As part of the research, the report outlines some of the top companies leading the sector around the world.

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It picked out the likes of Sunrise Medical and Ottobock Healthcare as two which are leading the way, alongside Medline Industries and Stryker.

The report goes on to provide a detailed analysis of growth within the mobility sector as well as looking at the key factors driving the industry.

With the world’s aging population set to double by 2050, the report concludes that the mobility aids and transportation equipment market is set to continue to grow.

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Matthew Trask

The author Matthew Trask

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