South KoreaMobility Devices Market Overview, 2028

Preventive care is strongly emphasised in South Korea. Regular health check-ups and screenings are encouraged, and many individuals proactively engage in preventive measures to detect and address health issues at an early stage. South Korean cities prioritise accessibility in their urban infrastructure. Sidewalks, public transportation, and buildings are designed with features such as ramps and elevators to accommodate individuals using mobility devices, promoting independence and ease of movement. Government initiatives in South Korea actively promote accessibility and inclusivity. There are regulations and policies in place to ensure that public spaces, transportation systems, and buildings are designed to be accessible to individuals with mobility challenges. With a growing ageing population, there is a heightened awareness of the mobility needs of seniors. Mobility devices are designed to address the challenges faced by older adults, ensuring that they can maintain independence and actively participate in societal activities. There is a growing recognition and acceptance of individuals with disabilities in South Korean society. Cultural attitudes are shifting towards inclusivity, and mobility devices are viewed as tools that empower individuals rather than symbols of limitation. There are awareness and education programmes aimed at promoting understanding and empathy towards individuals using mobility devices. These initiatives contribute to creating a supportive and inclusive environment within communities. According to the research report “South Korea Mobility Device Market Overview, 2028," published by Bonafide Research, the South Korea Mobility Device market is anticipated to add more than USD 120 Million from 2023 to 2028. South Korea is known for its advancements in technology, and this extends to the development of innovative walking assist devices. Robotic exoskeletons, for example, have been designed to provide individuals with extra support, allowing them to walk with greater ease and reduced physical effort. South Korean culture places a strong emphasis on filial piety and taking care of elderly family members. Walking assist devices align with this cultural value by allowing family members to provide additional support to their ageing parents or relatives, enhancing their mobility and autonomy. There is a growing awareness and acceptance of walking assist devices in South Korea. As these devices become more mainstream and are featured in media and healthcare discussions, individuals are more likely to consider them as viable solutions for improving mobility. South Korea has become a hub for medical tourism, attracting individuals seeking advanced healthcare solutions. The availability of cutting-edge walking assist devices contributes to the appeal of South Korea as a destination for those seeking innovative mobility solutions. Conditions such as osteoarthritis and other age-related musculoskeletal disorders become more common with aging. Walking assist devices provide support to individuals with such conditions, enabling them to maintain mobility, engage in daily activities, and improve their overall quality of life. South Korea has experienced rapid urbanisation and lifestyle changes. In urban areas where walking is a common mode of transportation, walking assist devices can be particularly valuable for individuals who may face challenges in navigating busy streets or public spaces.

Based on the product types, they are segmented into the wheelchair, patient lifting equipment, walking assist, and others; among them, the wheelchair leads the market, and South Korea is at the forefront of developing smart wheelchair technologies. These wheelchairs are equipped with advanced features such as obstacle detection, navigation systems, and even the capability to be controlled through smartphone apps, providing users with increased autonomy and convenience. South Korean researchers and companies have made significant strides in the development of robotic exoskeletons. These wearable devices can assist individuals with mobility impairments by augmenting their strength and helping with movements. They have applications in both rehabilitation and daily life. South Korea's cultural attitude towards technology extends to assistive devices. There is a positive and accepting cultural view of using technology, including mobility devices, to enhance the quality of life for individuals with disabilities. According to the report, the categories are segmented into adult and child; among them, children with neurological disorders, such as muscular dystrophy or certain types of paralysis, experience mobility challenges. Paediatric mobility devices can assist these children in maintaining mobility, participating in daily activities, and enhancing their overall quality of life. Children with orthopaedic conditions, such as limb deformities or fractures, benefit from the use of mobility devices. These devices can aid in weight-bearing, provide stability, and support the healing process. In terms of end users, they are segmented into homecare, hospitals, ambulatory surgical centres, and rehabilitation centres. South Korean culture places a strong emphasis on family support and caregiving. Using mobility devices at home allows family members to actively participate in the care of elderly or mobility-challenged individuals, ensuring they can navigate their homes with ease. South Korea has rapidly urbanised, leading to densely populated cities and, in some cases, limited accessibility in public spaces. Using mobility devices at home can be a practical solution for individuals facing challenges navigating crowded urban environments. Homes in South Korea are often designed to accommodate the needs of all family members, including those with mobility challenges. Families may customise living spaces to ensure that they are easily navigable and equipped with features that facilitate the use of mobility devices. While cultural attitudes towards disability are evolving, there may still be some societal stigma associated with using mobility devices in public. Using these devices at home can be a way to reduce the potential discomfort or judgement that individuals may feel in public spaces. Considered in this report: • Geography: South Korea • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Manmayi Raval

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Aspects covered in this report: • South Korea Mobility Device market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Wheelchair • Patient Lifting Equipment • Walking Assist • Others (M. Scooter) By End User • Homecare • Hospitals • Ambulatory Surgical Centres • Rehabilitation Centres

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By Category • Adult • Paediatric The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analysing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Mobility Device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.