14 Statistics That’ll Have You Considering the Mobility Business

If you are interested in self-employment but not sure which industry to pursue, consider businesses catering to the booming senior population and underserved individuals with physical disabilities.

101 Mobility® franchised business is an option for entrepreneurs who want to serve this large demographic without entering the over-saturated home-care industry. If you have not yet considered opening a business that provides people with disabilities or older members of your community with mobility solutions, these facts will make you think twice:

  1. People with physical disabilities make up the largest minority group of the US.1
  2. 3% of American adults are unable (or find it very difficult) to walk a quarter mile.2
  3. 2 million adults experience physical functioning difficulty.2
  4. 6 million Americans require the use of a wheelchair.3
  5. Nearly 1 out of ten people experience difficulty climbing the stairs. 3
  6. Assistive technology is vital to more than a third of people with disabilities.4
  7. 1 in 4 of today’s 20 year olds will become disabled before they retire.6
  8. In the US, 25.6% of people with a disability are physically inactive during the week, compared to 12.8% of those without a disability.7
  9. The prevalence of physical limitations more than doubles from 17% of adults aged 50-59 to 43% by the time they reach the age of 80.5
  10. More than 1 in 10 senior citizens age 75+ require the aid of a caregiver for personal care.2
  11. The 65+ year old population in the US has increased by over 18% since 2000.8
  12. Almost half of older women (46%) age 75+ live alone, many with physical limitations.8
  13. According to the US Census, in just fifteen years, the rate of elderly in the U.S. will climb to be almost equivalent that of U.S. children.3
  14. According to AARP reports, nearly 9 out of 10 Americans age 65 and older want to age in place.9

With large numbers of Americans living with mobility challenges, there is a great demand for products and services to help them lead independent and active lives. For more demographic information, read: “Market Outlook: Retiring Baby Boomers”.

Get an overview of the first-class support offered to 101 Mobility® franchisees by checking out “101 Mobility: The Facts”. Are you on LinkedIn? Follow our Company Page to say current on the latest happenings at 101 Mobility.


Sources:
The statistics referenced above are all derived from third-party sources, as cited below, and have not been independently verified by us.