Walking Aids Market to Reach $8,711 Million by 2030 Fueled by Rising Prevalence of Debilitating Neurological Diseases

0

Acumen Research and Consulting

Acumen Research and Consulting recently published a report titled “Walking Assistive Devices Market Size, Share, Regional Analysis Report and Forecast, 2022-2030”

LOS ANGELES, July 19, 2022 (GLOBE NEWSWIRE) — The Global walking aids market accounted for USD 6,210 million in 2021 and is expected to reach the market value of USD 8,711 million by 2030 at a CAGR of 4.0% during the forecast period from 2022 to 2030.

The global market for walking aids will be boosted by an increase in the number of initiatives undertaken by various regional authorities to ensure that walking aids are accessible to a wide consumer base as well as a geriatric population. Additionally, rising rates of disabling neurological diseases and conditions should bode well for the market. Additionally, changes in the clinical setting, along with improved technological breakthroughs and product leasing, are expected to boost the market. Even so, rising healthcare costs and the increased benefits of these devices are driving global demand.

Walking assist devices, widely used in the healthcare industry, include medical assistive technology. It provides people with intellectual disabilities with assistive, rehabilitative and adaptive devices. When patients do not have enough difficulty performing tasks, a walking aid allows them to do so independently. The system provides the processor with new techniques for performing device functions. Walking aids are robotic devices that help disabled patients walk while being monitored by practitioners and specialists.

Free Sample Report Request @

https://www.acumenresearchandconsulting.com/request-sample/3027

Report cover:

Market

walking aids market

Market size 2021

$6,210 million

Market Forecast 2030

$8,711 million

CAGR from 2022 to 2030

4.0%

Analysis period

2018 – 2030

base year

2021

Forecast data

2022 – 2030

Segments Covered

By product, by distribution channel and by geographical area

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Profiled Key Companies

Honda Motor Co., Ltd., GF Health Products, Inc., Ossenberg GmbH, Besco Medical Co., LTD., Invacare Corporation, CTM Homecare Product, Inc., Betterlife Healthcare Ltd., Pride Mobility Products Corp., Aetna Inc. , Sunrise Medical (USA) LLC, Permobil Inc. and Karma Healthcare Ltd.

Report cover

Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulatory Analysis

Scope of customization

10 a.m. free customization and expert advice

Aspects of the growth of the global walking assistance devices market

Growing government support to make walking aid devices accessible to the elderly and general public is expected to drive the global market for walking aid devices. An increase in medical expenses and an increase in demand for rehabilitation and severe disability equipment before surgery is expected to drive the growth of the walking aids industry.

The walking aid is designed for people who have suffered a knee injury or are unable to walk on their own due to weak lower body muscles. Walking aids are used in conjunction with assistive devices throughout the healthcare industry. These devices allow healthcare procedures to modify the methodologies used to perform system functions. At the end of the movement aids, a smooth tavern rests under the armpits. When people are unable to perform or follow tasks on their own, a walking assist device helps them perform tasks on their own. In addition, people who have lost a leg frequently use this type of walkers and crutches. Additionally, some of the crutches available include axillary crutches, stutter crutches, platform crutches, forearm crutches, and leg support crutches, each with a different weight capacity and height. They are also used to teach children to walk.

Additionally, COVID-19 has increased the demand for medical equipment such as emergency equipment such as gloves, shields, and goggles. As the number of COVID-19 cases increases worldwide, the number of health equipment among medical professionals and the public is also increasing as a safety measure. Manufacturers of these product offerings have an opportunity to take advantage of increased demand for medical supplies to ensure the industry has a sufficient and consistent supply of protective equipment.

View the report’s detailed table of contents @

https://www.acumenresearchandconsulting.com/table-of-content/walking-assist-devices-market

Electric scooters will attract significant market attention in the coming years

E-scooters are electric mobility aids that look like motorized scooters and are related to adaptive power equipment. They are versatile electric vehicles that allow patients with reduced mobility and autonomy to move indoors and outdoors. Factors such as the preference for battery-powered mobility scooters as an environmentally friendly and cost-effective solution, an increase in the proportion of elderly people, and an increased awareness of sophisticated mobility devices are all contributing to the continued growth of the market.

Regional Overview of the Walking Assist Devices Market

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa is the regional classification of the global walking aids market. The North America region held the major share of the global walking aid devices industry in 2021. Factors such as favorable government policies, sophisticated healthcare infrastructure, and aging population are driving the north- American walking aids. Moreover, the availability of these lower cost mobile applications for disabled and handicapped patients is expected to boost this market during the forecast period.

Asia-Pacific is expected to be the fastest growing geography over the forecast period due to increased healthcare spending. Some of the prominent factors responsible for the growth of the walking aid device market in the region are government funding for autonomous mobile advancement and increasing healthcare expenditure.

Segmentation of the walking aids market

The global walking aids market has been segmented by Acumen Research and Consulting on the basis of product and distribution channel. Based on product type, the market is divided into walking belts and lifting vests, walkers, crutches, wheelchairs, canes, electric scooters. Based on the distribution channel, the market is classified into online and offline.

Buy this premium research report –

https://www.acumenresearchandconsulting.com/buy-now/0/3027

Walking Aids Market Players

Some key players covered globally in Walking Aids Devices Industry are Honda Motor Co., Ltd., GF Health Products, Inc., Ossenberg GmbH, Besco Medical Co., LTD., Invacare Corporation , CTM Homecare Product, Inc., Betterlife Healthcare. Ltd., Pride Mobility Products Corp., Aetna Inc., Sunrise Medical (US) LLC, Permobil Inc. and Karma Healthcare Ltd.

Browse more health sector research topics:

The Global Anesthesia and Respiratory Devices Market should grow to a CAGR of around 6.5% from 2020 to 2027 and is expected to reach market value of approximately $43.7 billion by 2027.

The Global Ophthalmology market should grow to a CAGR of around 3.8% from 2020 to 2027 and is expected to reach market value of approximately $64.3 billion by 2027.

The Global Cardiology market should grow to a CAGR of around 8.8% from 2020 to 2027 and is expected to reach market value of approximately $24.3 billion by 2027.

About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of information and consulting services in the information technology, investment, telecommunications, manufacturing and consumer technology markets. ARC helps investment communities, IT professionals, and business executives make fact-based decisions about technology purchases and develop business growth strategies to compete in the marketplace . With a team of over 100 analysts and a collective industry experience of over 200 years, Acumen Research and Consulting ensures to provide a combination of industry knowledge with global and national level expertise.

For the latest update, follow us on Twitter and, LinkedIn

Contact us:

Mr. Richard Johnson

Acumen Research and Consulting

USA: +13474743864

India: +918983225533

E-mail: [email protected]

Share.

Comments are closed.