How big is this market? Here are a few data points

  • According to a new report by Beige Market Intelligence, the global mobility scooters market is expected to reach $2.4 billion by 2021, a compound annual growth rate of 4.74%.
  • Global Industry Analysts forecasts that the global market for wheelchairs (powered and manual) will reach 10.6 million units by 2020.
  • Just over 6.8 million community-resident Americans use assistive devices to help them with mobility. This group comprises 1.7 million wheelchair or scooter riders and 6.1 million users of other mobility devices, such as canes, crutches, and walkers.
  • The need for mobility solutions isn’t just for the elderly, either. As estimated by the World Health Organization, more than 110 million people over 15 years of age are experiencing vital functional difficulties, many of which require such devices.

Watch the Video & Read the Global Stock Advantage Report on PSCR here.

INDUSTRY: MEDICAL SUPPLIES

COMPANY: PSP Homecare is publicly traded (symbol: PSCR)

CONTACT: 1 (855) 476-7679

9830 Sixth St, Suite 103
Rancho Cucamonga, California 92806

3863 S. Valley View Blvd, Suite 11
Las Vegas, NV 89103

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