Walking Assist Devices Market Size, Sales Analysis & Opportunity | - Exclusive Report by MarketsandMarkets™

Posted by Johnny on September 29th, 2022

The global Walking Assist Devices 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.

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The global walking assist devices market growth is attributed to the rising aging population, increasing incidences of debilitating neurological diseases & injuries, and technological advancements & product leasing that have led to the increase in usage of walking assist devices.

Walking Assist Devices Market Segmentation

This market is segmented and forecast on the basis of product, and geography. The product comprises of gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters. The market is further segmented and forecast on the basis of major geographies such as North America, Europe, Asia-pacific and Rest of the World (RoW). These major geographies are further sub-segmented into major countries.

This report also includes the market share, approach for arriving at the market size, new technology developments, product matrix, life cycle analysis, Porter’s five forces analysis and price analysis by product. In this report, market metrics are also included such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide walking assist devices as a product.

Regional Growth Analysis:

The market in North America is growing due to rise in aging population and favorable reimbursement. The European market is growing due to the technological advancements and government support and along with increase in the spending capacity population.

The research study is aimed at identifying emerging trends and opportunities in the global walking assist devices market along with detailed classifications, in terms of revenue. It provides comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the global walking assist devices market, on the basis of product, and region.

Walking Assist Devices Market Stakeholders:

  • Companies Manufacturing Walking Assist Devices
  • Medical Device Distributors
  • Healthcare Institutions (Hospitals, Medical Schools, and Governing Bodies)
  • Health Insurance Providers
  • Research and Consulting Firms
  • Regulatory Authorities

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Johnny

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Johnny
Joined: July 19th, 2022
Articles Posted: 122

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