This report on the global market is analyzed and segmented on the basis of product, and region. It analyzes the competitive developments, such as alliance, joint venture, and merger & acquisition of the global market. This market is also analyzed with an explicit focus on the high-growth applications and fastest-growing market segments. The walking assist devices are generally used by the patients suffering from spinal cord injuries (SCI), hemiplegia and other types of paralysis, multiple sclerosis (MS), cerebral palsy (CP), amyotrophic lateral sclerosis (ALS), arthritis, and lower-limb amputations.
Major Growth Drivers:
The global market is expected to witness growth in the coming years, owing to factors such as the increase in the number of initiatives undertaken by governments of various countries to ensure availability of walking assist devices to a huge consumer base, rise in aging population, and increasing incidences of Debilitating Neurological Diseases & Injuries. Moreover, the trends in patient community and growing technological advancements & product leasing are also expected to drive the growth of the market. However, cost of purchase of walking assist devices is high.
Expected Revenue Growth:
The global walking assist devices market is expected to reach $6.57 Billion by 2020, at a CAGR of 3.9% from 2015 to 2020.
Accessories to Fuel the Growth of walking assist devices market :
The market is broadly segmented on the basis of product and geography. Based on product, the global market is classified into gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters. The wheelchairs segment of the global market is the largest and also the fastest growing segment. The rise in geriatric population across the globe and increase in the number of patients suffering from mobility impairment due to spinal cord injuries and paraplegia are some factors leading to growth of the wheelchairs segment of the global market. The report provides a detailed analysis of the market for each region and country.
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Four major regions covered in the report are North America (the U.S., Canada, Mexico), Europe (Germany, France, Italy, Spain, U.K.,), and Asia-Pacific (Japan, China, India, Australia, Republic of Korea) and Rest of the World (RoW). A deep-dive analysis on pricing pattern, usage pattern, end user response matrix, market share, government initiatives, product recalls, new product launches, industry trends, and technological advancements has been detailed in the report.
North America accounted for the largest share in the global walking assist devices market in 2014. The walking assist devices market in the North American region is mostly driven by factors, such as presence of supportive government policies, sophisticated healthcare infrastructure, and increasing geriatric population base. Europe is the fastest growing region in global market in 2014 due to increase in technological advancements in the healthcare sector and development of new products that are equipped with gadgets.
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The report also covers the competitive landscape of global walking assist devices market by new product launches, recent developments, and mergers & acquisitions. The major players operating in this market are Honda Motor Co., Ltd., Permobil Inc., GF Health Products, Inc., Invacare Corporation, Besco Medical Co., LTD., Betterlifehealthcare Ltd., C.T.M. Homecare Product, Inc., Ottobock, Ossenberg GmbH, Pride Mobility Products Corp., Aetna Inc., Sunrise Medical (US) LLC, and Karma Healthcare Ltd., among others.
According to the new market research report “Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW) – Global Forecast ” published by MarketsandMarkets™The global walking assist devices market is expected to reach $6.57 Billion by 2020, at a CAGR of 3.9% from 2015 to 2020.The global market is expected to witness growth in the coming years, owing to factors such as the increase in the number of initiatives undertaken by governments of various countries to ensure availability of walking assist devices to a huge consumer base, rise in aging population, and increasing incidences of Debilitating Neurological Diseases & InjuriesGlobal walking assist devices market is Segmented on:1.
GeographyThe global market is broadly classified on the basis of product and geography.
The wheelchairs segment contributed the largest share of the market in 2014.The market is broadly segmented on the basis of product and geography.
The wheelchairs segment of the global market is the largest and also the fastest growing segment.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=24035174Walking Assist Devices Market Stakeholders :Companies Manufacturing Walking Assist DevicesMedical Device DistributorsHealthcare Institutions (Hospitals, Medical Schools, and Governing Bodies)Health Insurance ProvidersResearch and Consulting FirmsRegulatory AuthoritiesThis report on the global market is analyzed and segmented on the basis of product, and region.
It analyzes the competitive developments, such as alliance, joint venture, and merger & acquisition of the global market.
This market is also analyzed with an explicit focus on the high-growth applications and fastest-growing market segments.The walking assist devices are generally used by the patients suffering from spinal cord injuries (SCI), hemiplegia and other types of paralysis, multiple sclerosis (MS), cerebral palsy (CP), amyotrophic lateral sclerosis (ALS), arthritis, and lower-limb amputations.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=24035174The geographical regions mapped in the report are:1.
According to the new market research report ” Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW)”, The global walking assist devices market is expected to reach $6.57 Billion by 2020, at a CAGR of 3.9% from 2015 to 2020.The global market is expected to witness growth in the coming years, owing to factors such as the increase in the number of initiatives undertaken by governments of various countries to ensure availability of walking assist devices to a huge consumer base, rise in aging population, and increasing incidences of Debilitating Neurological Diseases & Injuries.
Moreover, the trends in patient community and growing technological advancements & product leasing are also expected to drive the growth of the market.
However, cost of purchase of walking assist devices is high.Browse in-depth TOC on “Walking Assist Devices Market”108 – Tables112 – Figures168 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=24035174The market is broadly segmented on the basis of product and geography.
Based on product, the global market is classified into gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters.
The rise in geriatric population across the globe and increase in the number of patients suffering from mobility impairment due to spinal cord injuries and paraplegia are some factors leading to growth of the wheelchairs segment of the global market.
The report provides a detailed analysis of the market for each region and country.Four major regions covered in the report are North America (the U.S., Canada, Mexico), Europe (Germany, France, Italy, Spain, U.K.,), and Asia-Pacific (Japan, China, India, Australia, Republic of Korea) and Rest of the World (RoW).
The Global Walking Assist Devices Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the walking assist devices market.
The attractiveness analysis of this market has also been included to evaluate the segments that are anticipated to be profitable during the forecast period.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Walking Assist Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/7840-walking-assist-devices-market-reportThe report also covers the complete competitive landscape of the global Walking Assist Devices market with company profiles of key players such as:Besco Medical Co. Ltd.Betterlifehealthcare Ltd.Comfort Orthopedic Co. Ltd.Drive Medical (Medical Depot, Inc.)Electric Mobility Euro Ltd.GF Health Products, Inc.Honda Motor Co., Ltd.Invacare CorporationKarma Health Care Ltd.Levo AGMeyra GmbH (Medort S.A.)Ossenberg GmbHOtto Bock HealthCare GmbHPermobil Inc. (Tilite)Pride Mobility Products Corp.Sunrise Medical (US) LLCSEGMENTATIONS IN REPORT:Walking Assist Devices Market Analysis by Product:Gait Belts and Lift VestsCanesCrutchesWheelchairsPower ScootersWalking Assist Devices Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Walking Assist Devices Market @ https://www.decisiondatabases.com/contact/download-sample-7840The Global Walking Assist Devices Market has been exhibited in detail in the following chapters –Chapter 1 Walking Assist Devices Market PrefaceChapter 2 Executive SummaryChapter 3 Walking Assist Devices Industry AnalysisChapter 4 Walking Assist Devices Market Value Chain AnalysisChapter 5 Walking Assist Devices Market Analysis By ProductChapter 6 Walking Assist Devices Market Analysis By GeographyChapter 7 Competitive Landscape Of Walking Assist Devices CompaniesChapter 8 Company Profiles Of Walking Assist Devices IndustryPurchase the complete Global Walking Assist Devices Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-7840Other Reports by DecisionDatabases.com:Global Angiography Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Foot And Ankle Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Intrauterine Contraceptive Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Market Analysis and Insights : Walking Assist Devices MarketWalking Assist Devices Market By Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walkers, Wheelchairs, Power Scooters), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026Global walking assist devices market is expected to rise to an estimated value of USD 8.35 billion by 2026 registering a steady CAGR in the forecast period of 2019-2026.
This rise in the market can be attributed to the rising ageing population and the growing initiatives taken by government to ensure availability of walking assist devices.Market Definition: Global Walking Assist Devices MarketWalking assist devices are mechanical devices that aid the patient by providing balance, assistance, strength and endurance to walk independently.
It consists of rehabilitative, adaptive assistive devices for those who are physically disabled, allowing them to perform those tasks independently in which they previously needed help and assistance.Get absolutely free Sample Copy of report Click on the link @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-walking-assist-devices-marketCompetitive Analysis: Global Walking Assist Devices MarketGlobal walking assist devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of walking assist devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.Market DriversThe rising prevalence of debilitating neurological diseases, rheumatoid arthritis, and osteoarthritis increases the demand for walking assist devicesRising demand for rehabilitation equipment prior performing surgeriesIncrease in the healthcare expenditure drives the demand for this marketTechnological improvements and innovations in walking assist devices would act as a catalyst to the growth of this market.Market RestraintsMobility issues/complications associated with the operations of these devices is expected to hinder the growth potentialHigh cost of walking assists devices restrains the growth of this marketSegmentation: Global Walking Assist Devices MarketBy Product TypeGait Belts & Lift VestsCanesQuad CanesFolding CanesCrutchesWalkerStandard WalkersRolling Walkers/RollatorsHemi WalkersWheelchairsManual WheelchairsElectric WheelchairsFront Wheel DriveCenter Wheel DriveRear Wheel DriveStanding Power WheelchairsPower ScootersBoot ScootersRoad ScootersPavement Scooters Get Full Table of Contents with Charts, Figures & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-walking-assist-devices-marketBy GeographyNorth AmericaU.S.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyFranceUnited KingdomItalySpainRussiaTurkeyBelgiumNetherlandsSwitzerlandRest of EuropeAsia-PacificJapanChinaSouth KoreaIndiaAustraliaSingaporeMalaysiaIndonesiaThailandPhilippinesRest of Asia-PacificMiddle East and AfricaSouth AfricaEgyptSaudi ArabiaUnited Arab EmiratesIsraelRest of Middle East and AfricaKey Developments in the Market:In January 2019, Honda Motors is set to launch a new and innovative walk assist device designed in collaboration with Ohio State University after it announced that they are conducting Phase II randomized controlled trials for the device.
With this launch, it would revolutionize the walk assist market globally, by expanding its use and application.In April 2017, Toyota introduced a new robotic walk assist leg brace, Welwalk WW-1000, which would help those who are suffering with partial paralysis.
Access Full Report @ https://www.databridgemarketresearch.com/reports/global-walking-assist-devices-marketKey Market Competitors: Global Walking Assist Devices MarketFew of the major market competitors currently working in the global walking assist devices market are AlterG, Inc., Invacare Corporation, Permobil, Ossenberg GmbH, Electric Mobility Euro Ltd., Comfort, Levo AG Wohlen, GF HEALTH PRODUCTS, INC., Pride Mobility Products Corp., Ottobock, Honda Motor Co., Ltd., Sunrise Medical (US) LLC, C.T.M.
The Walking Assist Devices Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario.
The Walking Assist Devices industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry.
The report starts with the executive summary, followed by a value chain and marketing channels study.
The report then estimates the CAGR and market revenue of the global and regional segments.Base Year: 2020Estimated Year: 2021Forecast Till: 2027The report classifies the market into different segments based on type and product.
These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels.
The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.Get | Download FREE Sample Report of Global Walking Assist Devices Market @ https://www.decisiondatabases.com/contact/download-sample-7840A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Walking Assist Devices market.
