U.S. Group 2 Powered Mobility Devices Market Size, Share & Trends Analysis Report By Product Type (Powered Wheelchairs, Power Operated Vehicle), By Payment Type, By Sales Channel, And Segment Forecasts, 2022 - 2030

Report Overview

The U.S. group 2 powered mobility devices market size was valued at USD 2.1 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 12.4% in the forecast period. There was a fall in the market in 2020 due to the COVID-19 pandemic. Moreover, the increasing geriatric population and rising acceptance of powered mobility devices for various outdoor activities are anticipated to provide a boost to the market. The COVID-19 pandemic has negatively impacted the mobility devices market. Coronavirus has had a significant impact on the medical industry in terms of conducting medical procedures and therapy. The pandemic has also contributed to the shipping and logistics crisis in the country. The shortage in the unavailability of logistics and shipping services has caused delays in providing products and services to the customers. In 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 has helped in streamlining overall reimbursement procedures based on patients’ medical criteria. Surging demand for these devices among long-term and home care patients and increasing incidence of rheumatoid arthritis & osteoporosis are also expected to drive the market over 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% of the total population. Demand for 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 give them the freedom to move independently, without any external support. Acceptance of 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 increasing awareness and rising acceptance, demand for battery-operated vehicles is poised to increase in the U.S.

Product Type Insights

Powered wheelchairs segment accounted for the leading share of more than 65.0% in the U.S. market in 2021. As of 2021, high commercial availability of group 2 powered wheelchairs and the higher average selling price of these products as compared to scooters are contributing to the growth of the segment. Moreover, growing popularity of battery-operated wheelchairs in the U.S. and rising consumer awareness about the advantages of these products over scooters will further support the growth of the segment during the forecast period. Powered wheelchairs are motorized vehicles designed for patients with weak upper extremities caused by a neurological or muscular condition. These wheelchairs are necessary for patients who cannot perform mobility-related daily activities with walkers, canes, or manually operated vehicles. Powered scooters are designed for use in homes and improve the ability of people with chronic disabilities to cope with basic mobility activities. These patients require sufficient strength and postural stability to operate powered scooters effectively.

Payment Type Insights

The out-of-pocket payment type dominated the U.S. group 2 powered mobility devices market with a share of 84.3% in 2021. The reimbursement segment accounted for a smaller market share in 2021 due to stringent policies and documentation requirements. However, the segment is projected to witness a strong growth rate primarily due to government initiatives to streamline reimbursement procedures, which may increase the number of patients being covered. Reimbursement is provided for power-operated vehicles and wheelchairs by federal insurance as well as private insurance. Medicare classifies mobility devices into different groups, which have separate eligibility criteria for reimbursement. In general, Medicare reimburses 80% of the device cost, while the remaining 20% is paid by patients along with any remaining deductible, copayment, or premium payments. The reimbursement also depends on the device supplier is enrolled in Medicare or not and the prescribed order by a qualified doctor for the necessity of the devices for the patient.

Sales Channel Insights

In 2021, the direct sales channel was the highest revenue generator. The segment will also exhibit the highest CAGR during the forecast period and will, therefore, retain its position through 2030. The presence of a large customer base, which includes customer groups (Physiotherapy Associates, U.S. Physical Therapy, and others), independent online channels, and third-party distributors, is one of the key factors anticipated to boost the sales of powered mobility devices in the U.S. over the forecast period. Direct sales can be done through catalogs, presentations, or through a company’s website. The profit margin is higher in direct sales as compared to other sales channels.

Complex Rehab Technology (CRT) products are sold through various retail outlets. These retail outlets stock mobility devices manufactured by various manufacturers and have trained professionals. Retail stores have the advantage of personal touch and provide customization of products. In recent times, a large number of e-commerce players have entered the powered mobility devices market. Online channels facilitate direct communication with manufacturers. However, some consumers find it difficult to make a decision of purchasing a wheelchair without physically inspecting it.

Key Companies & Market Share Insights

Market players are continuously focusing on initiatives such as mergers & acquisitions, regional expansion, and novel product development. For instance, in August 2021, Pride Mobility Products Corporation launched Jazzy EVO 613 group 2 chairs which offers 25% less charging time and 25% more range.

Some prominent players in the U.S. group 2 powered mobility devices market include

• Golden Technologies

• Invacare Corporation

• Medical Depot, Inc.

• 1800wheelchair.com

• National Seating & Mobility

• EZ Lite Cruiser

• Numotion

• National Seating & Mobility

U.S. Group 2 Powered Mobility Devices Market Report Scope 

Segments Covered in the Report

This report forecasts revenue growth at country level and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. group 2 powered mobility devices market report based on product type, payment type, sales chann

• Product Type Outlook (Revenue, USD Million. 2018 - 2030)

  • Powered Wheelchairs

  • Power Operated Vehicle

• Payment Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Reimbursement

  • Out-of-Pocket

• Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Retail

  • E-commerce

  • Direct Sales (excluding VA)

  • Veteran Affairs