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The global mobility devices market size is projected to reach USD 14.86 billion by 2026, exhibiting a CAGR of 6.9% during the forecast period.

Staggering rate of growth of geriatric population across the globe will be one of the crucial factors driving this market in the upcoming decade.

Given the rate at which the world population is ageing, the demand for devices aiding mobility is likely to spike.

According the UN’s Population Division, DESA, people at or above 60 years of age are currently numbered at 962 million.

In the next three decades, the global geriatric population will reach 2.1 billion, predicts the DESA.

For instance, the National Council of Aging estimates about 2.8 million aged Americans are rushed to hospital emergency rooms annually as a result of falling.

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