U.S. Group 2 Powered Mobility Devices Market Size, Share, & Trend Analysis Report By Product Type, By Sales Channel, By Payment Type, By End-use, By Price-range And Segment- Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The U.S. group 2 powered mobility devices market size was exhibited at USD 2.19 billion in 2022 and is projected to hit around USD 7.37 billion by 2032, growing at a CAGR of 12.9% during the forecast period 2023 to 2032.

U.S. group 2 powered mobility devices market size

Key Pointers:

  • The powered wheelchairs segment accounted for the leading share of more than 65.8% in the U.S. market in 2022.
  • The out-of-pocket payment type dominated the U.S. group 2 powered mobility devices market with a share of 83.9% in 2022.
  • In general, Medicare reimburses 80.9% of the device cost, while the remaining 20.8% is paid by patients along with any remaining deductible, copayment, or premium payments. 
  • In 2022, the direct sales channel was the highest revenue generator. The segment will also exhibit the highest CAGR during the forecast period.
  • The general population segment dominated the U.S. group 2 powered mobility devices market with a share of 97.9% in 2022. 
  • The VA segment is also expected to witness lucrative growth rate of 8.9% during the forecast period.
  • In 2022, 5,000-9,000 was the highest revenue generator and accounted for 77.3% of the market share.

Report Scope of the U.S. group 2 powered mobility devices Market

Report Coverage

Details

Market Size in 2023

USD 2.47 Billion

Market Size by 2032

USD 7.37 Billion

Growth Rate from 2023 to 2032

CAGR of 12.9%

Base Year

2022

Forecast Period

2023 to 2032

Segments Covered

Product type, Payment type, Sales channel, End-use, Price-range

Key companies profiled

Golden Technologies; Pride Mobility Products Corporation; Invacare Corporation; National Seating & Mobility; Numotion; 1800wheelchair.com; EZ Lite Cruiser; Shop rider Mobility Products, Inc.; Medical Depot, Inc. (Drive DeVilbiss Healthcare

 

There was a fall in the U.S. group 2 powered mobility devices market in 2020 due to the COVID-19 outbreak. Moreover, the increasing geriatric population and rising acceptance of the powered mobility devices for various outdoor activities are anticipated to provide a boost to the market. The pandemic has negatively impacted the mobility devices market. COVID-19 had a significant impact on the medical industry in terms of conducting medical procedures and therapy. The pandemic had also contributed to the shipping and logistics crisis in the country. The shortage in the unavailability of logistics and shipping services is causing delays in providing products and services to  customers.

In the U.S., it is estimated that around 2.7 million people use wheelchairs for their day-to-day mobility needs. Spiraling demand from organizations such as the U.S. Department of Veterans Affairs and advancements in powered mobility devices are poised to augment the market. Supportive government initiatives are helping in streamlining overall reimbursement procedures based on patient’s medical criteria. This may aid in an increasing number of customers covered under the group 2 categories, which is expected to propel the market.

Surging demand for these devices among long-term and home care patients and increasing incidences of rheumatoid arthritis & osteoporosis are also expected to drive the market during the forecast period.

According to the U.S. Census Bureau, in 2019, there were more than 54.1 million people above 65 years of age in the U.S., which accounted for 15.0% of the total population. Demand for the powered mobility devices is growing due to the rising geriatric population.

Elderly individuals with limited mobility prefer battery-operated wheelchairs or scooters over manual vehicles as the former gives them the freedom to move independently, without any external support. Acceptance of the mobility devices among patients and physicians is on the rise as they have proved to be exceptional in improving quality of life. Thus, due to the increasing awareness and rising acceptance, demand for the battery-operated vehicles is poised to increase in the U.S.

U.S. group 2 powered mobility devices Market Segmentation

By Product Type By Payment Type By Sales Channel By End-use By Price-range

Powered Wheelchairs

Power Operated Vehicle

Reimbursement

Out-of-Pocket

Retail

E-commerce

Direct Sales (excluding VA)

Veteran Affairs

VA

General Population

1,000-4,999

5,000-9,000

9,000 and above

 

Frequently Asked Questions

The U.S. group 2 powered mobility devices market size was exhibited at USD 2.19 billion in 2022 and is projected to hit around USD 7.37 billion by 2032

The U.S. group 2 powered mobility devices market is growing at a compound annual growth rate (CAGR) of 12.9% from 2023 to 2032.

Some key players operating in the U.S. group 2 powered mobility devices market include Golden Technologies; Pride Mobility Products Corporation; Invacare Corporation; National Seating & Mobility; Numotion; 1800wheelchair.com; EZ Lite Cruiser; Shoprider Mobility Products, Inc.; and Medical Depot, Inc. (Drive DeVilbiss Healthcare).

Key factors that are driving the U.S. group 2 powered mobility devices market growth include the growing number of people living with disabilities, the increasing geriatric population, and the rising acceptance of powered mobility devices for various outdoor activities.

Chapter 1 Executive Summary
Chapter 2 Research Methodology
                   2.1 Country-wise Market: Base Estimates
                   2.2 Global Market: CAGR Calculation
                   2.3 Region-based Segment Share Calculation
                   2.4 Research Scope & Assumptions
                   2.5 List of Data Sources
                       2.5.1 Data for primary interviews, by sources
                       2.5.2 Data for primary interviews, by region
                   2.6 Market Snapshot
Chapter 3 U.S. Group 2 Powered Mobility Devices Market Variables, Trends, & Scope
                   3.1 Market Segmentation & Scope
                   3.2 Market Driver Analysis
                       3.2.1 Supportive bulk purchase
                       3.2.2 Increase in preference of powered mobility device
                       3.2.3 Introduction of novel technologies and products in the market
                   3.3 Market Restraint Analysis
                       3.3.1 Lack of product knowledge for making purchase decision through the online channel
                       3.3.2 Stringent regulatory framework for group 2 powered devices
                       3.3.3 High reimbursement denial rate
                   3.4 U.S. Group 2 Powered Mobility Devices - SWOT Analysis, by Factor (Political & Legal, Economic, and Technological)
                   3.5 Industry Analysis - Porter’s
                   3.6 COVID-19 Impact Analysis
Chapter 4 U.S. Group 2 Powered Mobility Devices Market: Product Type Estimates & Trend Analysis
                   4.1 U.S. Group 2 Powered Mobility Devices Market: Product Type Movement Analysis
                   4.2 Powered Wheelchairs
                       4.2.1 Powered wheelchairs market, 2020 - 2032
                   4.3 Power Operated Vehicle
                       4.3.1 Power operated vehicle market, 2020 - 2032
Chapter 5 U.S. Group 2 Powered Mobility Devices Market: Payment Type Estimates & Trend Analysis
                   5.1 U.S. Group 2 Powered Mobility Devices Market: Payment Type Movement Analysis
                   5.2 Reimbursement
                       5.2.1 Reimbursement market, 2020 - 2032
                   5.3 Out-of-Pocket
                       5.3.1 Out-of-pocket market, 2020 - 2032
Chapter 6 U.S. Group 2 Powered Mobility Devices Market: Sales Channel Estimates & Trend Analysis
                   6.1 U.S. Group 2 Powered Mobility Devices Market: Sales Channel Movement Analysis
                   6.2 Retail
                       6.2.1 Retail market, 2020 - 2032
                   6.3 E-commerce
                       6.3.1 E-commerce market, 2020 - 2032
                   6.4 Direct Sales (excluding VA)
                       6.4.1 Direct sales (excluding VA) market, 2020 - 2032
                   6.5 Veteran Affairs
                       6.5.1 Veteran affairs market, 2020 - 2032
Chapter 7 U.S. Group 2 Powered Mobility Devices Market: End-Use Estimates & Trend Analysis
                   7.1 U.S. Group 2 Powered Mobility Devices Market: End-Use Movement Analysis
                   7.2 VA
                       7.2.1 VA market, 2020 - 2032
                   7.3 General Population
                       7.3.1 General population market, 2020 - 2032
Chapter 8 U.S. Group 2 Powered Mobility Devices Market: Price-Range Estimates & Trend Analysis
                   8.1 U.S. Group 2 Powered Mobility Devices Market: Price-Range Movement Analysis
                   8.2 1,000 - 4,999
                       8.2.1 1,000 - 4,999 market, 2020 - 2032
                   8.3 5,000 - 9,000
                   8.3.1 5,000 - 9,000 market, 2020 - 2032
                   8.4 9,000 and above
                       8.4.1 9,000 and above market, 2020 - 2032
Chapter 9 Competitive Landscape
                   9.1 Recent Developments & Impact Analysis, By Key Market Participants
                   9.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
                       9.2.1 PARTICIPANT CATEGORIZATION
                           9.2.1.1 INNOVATORS
                   9.3 Vendor Landscape
                       9.3.1 List of Key Product Providers
                           9.3.1.1 Market Differentiators
                           9.3.1.2 U.S. Group 2 Powered Mobility Devices -Market Share Analysis
                   9.4 Company Profiles
                       9.4.1 Golden Technologies
                           9.4.1.1 Company overview
                           9.4.1.2 Product benchmarking
                       9.4.2 Pride Mobility Products Corporation
                           9.4.2.1 Company overview
                           9.4.2.2 Product benchmarking
                           9.4.2.3 Strategic initiatives
                       9.4.3 Invacare Corporation
                           9.4.3.1 Company overview
                           9.4.3.2 Product benchmarking
                           9.4.3.3 Strategic initiatives
                       9.4.4 National Seating & Mobility
                           9.4.4.1 Company overview
                           9.4.4.2 Product benchmarking
                       9.4.5 Numotion
                           9.4.5.1 Company overview
                           9.4.5.2 Product benchmarking
                           9.4.5.3 Strategic initiatives
                       9.4.6 1800wheelchair.com
                           9.4.6.1 Company overview
                           9.4.6.2 Product benchmarking
                           9.4.6.3 Strategic initiatives
                       9.4.7 EZ Lite Cruiser
                           9.4.7.1 Company overview
                           9.4.7.2 Product benchmarking
                           9.4.7.3 Strategic initiatives
                       9.4.8 Shoprider Mobility Products, Inc.
                           9.4.8.1 Company overview
                           9.4.8.2 Financial performance
                           9.4.8.3 Product benchmarking
                           9.4.8.4 Strategic initiatives
                       9.4.9 Medical Depot, Inc. (Drive DeVilbiss Healthcare)
                           9.4.9.1 Company overview
                           9.4.9.2 Product benchmarking
                           9.4.9.3 Strategic initiatives

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