Japan Personal Mobility Devices Market Size & Outlook
The personal mobility devices market in Japan is expected to reach a projected revenue of US$ 849.0 million by 2030. A compound annual growth rate of 8.6% is expected of Japan personal mobility devices market from 2024 to 2030.
The Japan personal mobility devices market generated a revenue of USD 478.0 million in 2023 and is expected to reach USD 849.0 million by 2030.
The Japan market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
In terms of segment, wheelchairs was the largest revenue generating product in 2023.
Wheelchairs is the most lucrative product segment registering the fastest growth during the forecast period.
Personal mobility devices market data book summary
Market revenue in 2023
USD 478.0 million
Market revenue in 2030
USD 849.0 million
Growth rate
8.6% (CAGR from 2023 to 2030)
Largest segment
Wheelchairs
Fastest growing segment
Wheelchairs
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Scooters, Wheelchairs, Walking Aids
Key market players worldwide
Drive DeVilbiss Healthcare France, Graham Holdings Co, Graham - Field Health Products, Invacare, Carex Health Brands, Briggs Healthcare Corp., Medline Industries, Performance Health
Other key industry trends
In terms of revenue, Japan accounted for 4.2% of the global personal mobility devices market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China personal mobility devices market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 751.5 million by 2030.
The personal mobility devices market in Japan is expected to witness lucrative growth during the forecast period owing to unprecedented demand for assistive technology. Japan is considered the oldest country with approximately 28.1% of geriatric population.
According to data published in Forbes, in 2018, 38% of individuals will be aged 65 and over by 2065 in Japan. Increase in the geriatric population and advanced healthcare system are factors expected to drive market growth during the forecast period.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Personal Mobility Devices Market Outlook will help companies and investors design strategic landscapes.
Wheelchairs was the largest segment with a revenue share of 41.15% in 2023.
Horizon Databook has segmented the Japan personal mobility devices market based on scooters, wheelchairs, walking aids covering the revenue growth of each sub-segment from 2018 to 2030.
The personal mobility devices market in Japan is expected to witness lucrative growth during the forecast period owing to unprecedented demand for assistive technology. Japan is considered the oldest country with approximately 28.1% of geriatric population.
According to data published in Forbes, in 2018, 38% of individuals will be aged 65 and over by 2065 in Japan. Increase in the geriatric population and advanced healthcare system are factors expected to drive market growth during the forecast period.
Japan Personal Mobility Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
Scooters
Wheelchairs
Walking Aids
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Personal Mobility Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Personal Mobility Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Personal Mobility Devices Market, 2018-2030 (US$M)