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Invacare Corporation and Pride Mobility Products Corp. hold a significant market share of over 32% in the mobility scooters industry. Pride Mobility Products Corp. provides mobility scooter customization and personalization choices, enabling customers to select from a range of colors, seating configurations, accessories, and additional features to customize the scooters according to their specific mobility needs and personal preferences.
Invacare Corporation aims to enhance collaborations with healthcare providers, rehabilitation facilities, and durable medical equipment suppliers to offer mobility scooters for individuals with mobility challenges, utilizing healthcare referrals and prescriptions to increase adoption.
Major companies operating in the mobility scooters industry are:
The class 3 segment is estimated to exceed USD 2 billion by 2032, due to their outdoor usage and presence of safety equipment, such as headlights, taillights, turn signals, and rearview mirrors.
The market size of mobility scooters recorded USD 2.1 billion in 2023 and is set to witness 5% CAGR from 2024 to 2032, owing to the growing aging population across the world.
North America market accounted for over 37% revenue share in 2023, on account of the growing demand from the aging populace.
Afikim Electric Vehicles, Amigo Mobility International, Inc., Drive DeVilbiss Healthcare Ltd, Golden Technologies, Invacare Corporation, KYMCO Healthcare, Merits Health Products Co., Ltd., Pride Mobility Products Corp., Sunrise Medical Limited, TGA Mobility are some of the major mobility scooters companies worldwide.