Market Size – USD 1.97 Billion in 2018, Market Growth - CAGR of 1.04%, Market Trends –Advancement in assistive technology.
The Global Assisted Walking Device Market is forecast to reach USD 2.14 Billion by 2026, according to a new report by Reports and Data.
The main focus of assisted walking devices is empowering individuals with disabilities and help them restore their ability of movement and mobility. The major driving factor promoting the global assisted walking device is a rise in geriatric population who are exposed to chronic conditions like arthritis and associated musculoskeletal issues. As a result of the increase in the geriatric population, there has been a positive impact on the global assisted walking device market.
Apart from the rise in geriatric population, technological advancements also help in boosting the market. It is because of technological advancements; there have been enhancements in assistive technologies, making assisted walking devices user-friendly. Hence, developments in assistive technologies have also resulted in making a positive impact on the global assisted walking device market. Applicability of assisted walking devices in chronic conditions like Parkinson's disease, arthritis, and tendonitis that requires rehabilitation equipment followed by surgeries, also have a positive impact on the market.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/press-release/global-assisted-walking-device-market
Further key findings from the report suggest
- With the rise in geriatric population, the number of individuals seeking assistive walking facilities will rise.
- In the year 2018, global assisted walking device market held a market share of USD 1.97 Billion, which is forecasted to reach USD 2.14 Billion by 2026.
- Apart from the rise in geriatric population, the market is also boosted due to the high rate of prevalence of disabling neurological conditions like Parkinson's disease, Alzheimer's, in which assisted walking devices are applicable.
- These devices are also applicable in rehabilitation programs followed by surgical operations to promote muscle functioning and restore body balance among disabled and sedentary individuals.
- Such a diverse application of these devices result in having a positive impact on the market growth of assisted walking device market.
- Key participants include Permobil Inc., Invacare Corporation, GF Health Products, Inc., Honda Motor Co., Ltd., Betterlifehealthcare Ltd., Besco Medical Co., Ottobock, C.T.M. Homecare Product, Inc., Pride Mobility Products Corp., Sunrise Medical (US) LLC, Aetna Inc., Ossenberg GmbH, Electric Mobility Euro Ltd.
For the purpose of this report, Reports and Data have segmented the global assisted walking device market based on Product Type, Application, Technologies, and Region:
Product Type Outlook (Revenue, USD Billion; 2016-2026)
- Wheelchairs
- Walkers
- Walker cane hybrid
- Crutches
- Canes
- Gaits belts and lift vests
- Prosthetic Limb
- Power scooters
- Others
Technologies Outlook (Revenue, USD Billion; 2016-2026)
- Low Tech
- Mid Tech
- High Tech
Application Outlook (Revenue, USD Billion; 2016-2026)
- Hospital
- Care Home
- Clinic
- Others
Regional Outlook (Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
Request
For Free PDF Sample of This Research Report at:
No comments:
Post a Comment