Global Personal Mobility Devices Patent Landscape Report 2024

Global Personal Mobility Devices Market Size

The global personal mobility devices market was valued at USD 9.54 billion in 2023. It is expected to grow at a CAGR of 9.6% during the forecast period of 2024-2032 and attain a market value of USD 21.76 billion by 2032.

The market growth is driven by the growing geriatric population and rapid advancement in technology leads to innovation in mobility devices. Patents are focused on wide range of innovations which are aimed at improving mobility, accessibility, and user experience for disabled people.

Patent Landscape Report Coverage

The Global Personal Mobility Devices Patent Landscape Report provides a comprehensive and in-depth analysis of the patents in this growing industry. The key sections captured in the report for personal mobility devices include a thorough examination of the patent portfolios of key players, covering aspects such as the number of patents and types of technologies patented. It includes the latest trends, geographical distribution of patents, top IP player profiles, technological segmentation, and patent valuation associated with personal mobility devices. The breakdown of patents by technical segments is provided, giving more clarity on the specific areas of innovation within personal mobility devices technologies.

Key Inclusions

• Patent Valuation Analysis

A valuation analysis and competitive benchmarking of key members of unique patent families are covered in the analysis for personal mobility devices technologies. The important parameters have been taken into consideration including IP document, year of application, number of citations, time to expiry, and jurisdiction associated with personal mobility devices.

• Analysis of Patent Applications

A comprehensive summary of several patent applications which were filed across different jurisdictions for personal mobility devices and their relative value are covered. The analysis will cover the capital in terms of innovation and innovation type.

• Analysis of Granted Patents

Detailed analysis of the granted patents across different jurisdictions for personal mobility devices and their relative value in the IP are covered in the final report.

Personal Mobility Devices Patent Outlook

• The growing innovation in propulsion systems is enhancing the performance, efficiency, and comfort of personal mobility devices. The key areas of innovations include electric propulsion, which helps in the continued development of electric motors, and the integration of IoT technologies for connectivity and GPS navigation. These advancements have impacted the patent landscape significantly.

• There has been an increasing focus on ergonomic designs, lightweight materials, and modular configuration. For instance, foldable and collapsible designs are popular due to their convenience in transportation and storage. These technological advancements have a positive influence on patent application incidence.

• The global personal mobility devices market is growing due to increasing demand from geriatric populations and rising disability rates. This increasing market growth presents great opportunities for patent holders to increase their market reach. In 2023, 24,000+ patent applications were filed signifying the increasing demand for personal mobility devices.

What are Personal Mobility Devices?

Personal mobility devices  are assistive technologies which are designed to enhance the mobility and independence of individuals with mobility impairments. These devices help people in moving and performing daily activities. The products include wheelchairs, mobility scooters, walkers, rollators, crutches, and canes among others. Wheelchairs are the most well-known personal mobility devices. These devices come in manual and electric variants and are used by individuals who have difficulty walking or standing. Walkers and rollators are walking aids which provide stability and support for individuals who have difficulty walking independently.

The market is expected to grow due to aging population, rising disability rates, and rapid technological advancements like connectivity, GPS tracking, and remote monitoring. The global market expansion provides an opportunity for patent-holder companies to explore innovative applications.

Personal Mobility Devices Industry Growth Drivers

Technological Advancement in Electrical Propulsion Systems is Expected to Boost the Patent Industry Growth

Innovation in technology plays an important role in driving the growth and competitiveness of the personal mobility devices patent industry. The advancements in electric propulsion systems such as innovations in electric motors, power batteries, and power management systems have enhanced the performance and efficiency of mobility scooters and electric wheelchairs.

There is an increase in patent activity which focuses on enhancing the performance of personal mobility devices. Patents covering these technologies are crucial for companies and thus impacting the personal mobility devices patent landscape significantly.

Integration of Smart Features is Expected to Propel Personal Mobility Devices Patent Industry

The personal mobility devices patent industry is driven by continuous technology innovation and changing consumer preferences towards personalized solutions. Integration of IoT technologies for connectivity, GPS navigation, data analytics and remote monitoring, is enhancing the device functionality. This continuous development in the market has impacted the patent landscape significantly.

Personal Mobility Devices Patent Segmentation

The report will cover the following sections in detail:

Analysis by Product Type

• Wheelchairs, Scooters

• Canes

• Crutches

• Walkers

• Overhead Track Lifts

• Others

Personal Mobility Devices Patent Segmentation Analysis

The breakup based on product type includes wheelchairs, scooters, canes, crutches, walkers, overhead track lifts and others. Modern wheelchairs include propulsion systems, powered (electric) wheelchairs, enhanced accessibility and user-friendly features.

Detailed technological data will be provided for all specified segments classified in this report.

Personal Mobility Devices Patent Jurisdiction Analysis

The United States is one of the leading jurisdictions for personal mobility devices patents, having around 239,000+ patents. The presence of key companies, well-established healthcare infrastructure, increased awareness, aging population and advanced research and development activities contributes to the regional patent landscape significantly.

Patent Profile of Key Companies

Among the players with personal mobility devices patent families, new entrants have been identified, which can be either established companies or startups developing their first technology in the personal mobility devices field. Some of the major companies mentioned in this report (a non-exhaustive list) are as follows:

Qualcomm Inc.

Qualcomm Inc. was founded in 1985 and headquartered in the United States is a global leader in semiconductors, services and software related to wireless technology. The company owns patents critical to the 5G, 4G, and CDMA2000, mobile communications standards.

Semiconductor Energy Lab

Semiconductor Energy Lab was founded in 1980. It is headquartered in Japan. It is an R&D specialized company, providing cutting-edge technology to the world and has filed various patents associated with personal mobility devices.

Other companies include Lg Electronics Inc., Ericsson Telefon Ab L M, Huawei Tech Co Ltd, Samsung Electronics Co LTD, Cisco Tech Inc., Verizon Patent & Licensing Inc., and Blackberry Ltd. among others.

Reasons to Purchase this Report

The personal mobility devices patent report provides information on the intellectual property (IP) position and strategy of key players. This report can help companies and players looking to enter or invest in this field by -

• Competitive Advantage: The landscape reveals the market leaders, potential partners and innovators and makes it understandable which companies have important patents in this field of personal mobility devices.

• Innovation Insights: The patent analysis reveals new innovations and technologies in personal mobility devices.

• Market Positioning: Companies with strong patent portfolios gain a competitive advantage because their intellectual property assets differentiate their products. Understanding their intellectual property strategy reveals the market position of new entrants and potential barriers to entry within the personal mobility devices patent landscape.

• Risk Assessment: In technology-intensive fields such as personal mobility devices, risks of IP infringement are common. Analyzing patent landscapes helps companies assess risk, develop mitigation strategies, and inform licensing, partnering, and acquisition decisions.

Key Questions Answered in the Personal Mobility Devices Patent Landscape Report 

• Who are the key players in the personal mobility devices patent landscape?
• How is the patent portfolio distributed geographically?
• What are the emerging trends in personal mobility device patents?
• How has the patent landscape evolved over time?
• What are the strategic insights for market players and investors?
• What is the technological focus of patents in the personal mobility devices industry?
• How do patent strategies impact competitive advantage?
• What are the implications of patent filings in personal mobility devices?
• What are the challenges and opportunities in the personal mobility devices patent landscape?
• What are the regulatory and legal considerations?
• What technological innovations have recently emerged in personal mobility devices?

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