As the population in Europe, America, and most developed countries ages, it's a smart idea to look into the development of mobility devices. While there isn’t a lot of innovation in the space, the market is relatively well established and could make a great business opportunity as well as helping people get around.
A mobility device or mobility aid is a medical product that is intended for disabled people. The goal is to help them move long distances without any help. We aren’t talking about skateboards but rather Canes and walkers.
Mobility products, therefore, need to be reliable, sturdy, and easy to move around. Today’s most common mobility products are :
Each one of these stands out and is designed with a particular use case in mind, they appeal to different types of disabilities and allow various degrees of autonomy. These also vary in price and can be relatively complex like an electric wheelchair.
Aiming to develop mobility devices can prove to be a very fulfilling business. You will be helping people daily and allowing them to do more things, making their disabilities less visible.
As we keep moving towards autonomous vehicles, it seems that mobility is an important trend for the coming decade. Mobility products shouldn’t be excluded from that trend and it might be an important aspect of the coming transition.
The space also lacks connectivity, as most mobility devices are intended for use by themselves, they lack connectivity, a feature that could potentially be implemented if there is a market demand for it.
Going over the types of mobility devices today, it seems that most of them are fairly straightforward. We’ll go over the price ranges of these devices to give you an idea of the budget for each of them and what most people look to upgrade in them.
As we look at these types of devices, it can be worthwhile to understand what the demand is. Let’s take a look at the most common upgrades people choose when buying such a device.
Looking at these bonus features, it seems that users are willing to pay a fee for safety, comfort, and extra stability. Keep those in mind as you build a business in this domain.
As the world population grows older, the mobility device sector is expected to grow 6% per year. We’ve looked at the most common types of mobility devices and what people put an emphasis on. Comfort, safety, and stability.
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