Global Assisted Walking Devices Market Size study, by Product Type (Canes, Crutches, Walkers, Gait Trainers) and Regional Forecasts 2022-2028

Global Assisted Walking Devices Market Size study, by Product Type (Canes, Crutches, Walkers, Gait Trainers) and Regional Forecasts 2022-2028

Global Assisted Walking Devices Market is valued at approximately XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2028. Walking aids include canes (also known as walking sticks), crutches, and walkers. These devices help to maintain upright ambulation by providing any or all of the following benefits, depending on the needs of the individual user: improved stability, reduced lower-limb loading, and movement generation. The overwhelming geriatric population figures, rise in prevalence of target diseases such as arthritis and Parkinson's disease, and rise in total number of surgical operations globally are key factors attributed to the market growth. Furthermore, financial assistance and initiatives launched by government and private organizations to promote the use of assistive mobility devices are expected to drive market growth. The market dynamics create a competitive platform for various players to enter high-growth areas and meet high-unmet needs across various regions. To maintain a competitive advantage in the industry, the established players are constantly launching modifications and new product designs. Invacare Corporation, for example, announces the release of the Invacare® AVIVA® STORM RXTM power wheelchair in February 2021. However, the higher cost of purchasing walking assist devices restricts the sales of assisted walking devices.

The key regions considered for the global Assisted Walking Devices market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World.Because of the presence of a large geriatric population in region, North America had the highest revenue. The presence of advanced healthcare facilities and well-developed reimbursement policies are the primary driving factors in this region's market. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The daunting geriatric population count in countries such as China, India, and Japan, the increasing prevalence of chronic deformities in this region's population, the increase in public and private healthcare expenditures, and the rise in disposable incomes are key determining factors contributing to the high growth.

Major market players included in this report are:
Medline Industries Karman
Benmor Medical
Briggs Healthcare
Carex Health Brands
TOPRO
Invacare Corporation
Drive medical design
Eurovema AB
HUMAN CARE
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Canes
Crutches
Walkers
Gait Trainers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Assisted Walking Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Medline Industries Karman
Benmor Medical
Briggs Healthcare
Carex Health Brands
TOPRO
Invacare Corporation
Drive medical design
Eurovema AB
HUMAN CARE

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