Assisted Walking Devices Market Into Depth Analysis, Growth Strategies and Comprehensive Forecast to 2032
The global Assisted Walking Devices Market Size is the forecast term is expected to see a moderately paced CAGR of 6.4% for the global market for assisted walking devices. In 2022, the market is expected to be worth US$3.62 billion. By the year 2032, it is predicted that the market for aided walking devices would reach a high of US$ 6.33 billion.
Increased average old age, huge consumer base coupled with
increasing incidences and rise in prevalence is summing up and fueling the
sales of assisted walking devices like walkers, rollators, knee scooters,
wheelchairs etc.
The government financial support and initiatives are also
thriving the sales of assisted walking devices. Neurological diseases &
injuries are also pushing the demand for assisted walking devices.
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Walking assist devices provide balance, support, and ultimately,
the subsequent ability to survive independently. The aforementioned factors are
responsible for the increasing geriatric population getting attracted to these
devices, fueling the demand for assisted walking devices.
Sales of assisted walking devices are attributed to the
latest technological integration with the assistive devices that help the
disable end users are holding hands with the government and private spaces to
adopt these innovative devices that help walking disabled people.
Demand for assisted walking devices has increased from the
last forecast period as governments have increased healthcare expenditure and
funding for technological integration like the use of robotics in these
assistive devices to help the patient.
Key Takeaways from Market Study
- According to the assisted walking devices market analysis
states that walker segment is the leading vehicle type segment in the
assisted walking devices market, attributing to enhanced stability by this
equipment, higher mobility and its helping factor in physical activities
in physically handicapped individuals.
- Gait trainers’ segment is expected to witness a maximum CAGR
of 8.6%during the forecast period. This is due to the rising number of
cerebral palsy and Parkinson’s disease, proliferating spinal injuries.
These fuels the sales of assisted walking devices.
- North America is forecasted to hold the major revenue in
the global Assisted walking devices marketby the end of 2032,
holding 35.6% of revenue while thriving on triggers like high prevalence
of target diseases, such as arthritis, Parkinson’s disease, and other
chronic disabilities in this region.
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“The assisted walking devices
market survey explains that the use of platforms like artificial intelligence,
machine learning and robotics are shaping the trends for the market. The
manufacturers look for new innovative ideas to make sure that the end user gets
the most of the help. The high number of accidents happening leads to the use
of these devices more often. Introduction of the latest advanced mobility
scooters, automated rollators and transfer lifts.” says a Future Market Insights analyst.
Global Assisted walking devices
Market Key Players
- Karman
- Benmor Medical
- Briggs Healthcare
- Carex Health Brands
- TOPRO
- Invacare Corporation
- Drive medical design
- Eurovema AB
- HUMAN CARE
- Phoenix Instinct
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Assisted walking devices Market
by Segmentation
By Product Type:
- Canes
- Crutches
- Walkers
- Gait Trainers
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