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Walking Assist Devices Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Walking

The “Walking Assist Devices Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Walking Assist Devices Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Walking Assist Devices market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Walking Assist Devices Market Are:

  • Invacare Corporation
  • Better Life Healthcare LTD
  • Ossenberg Gmbh
  • GF Health Products Inc.
  • Honda Motor Co. Ltd
  • Karma Healthcare Ltd
  • Besco Medical Co. Ltd
  • Homecare Product Inc.
  • Permobil Inc.
  • Sunrise Medical LLC

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    Market Overview:

  • The key factors propelling the walking assist devices market are the increasing incidences of rheumatoid and osteoarthritis, surging demand for rehabilitation equipment, and the steep rise in the aging population.
  • The rise in the elderly population has led to the growth of the walking assist devices market. According to the Centers for Diseases Control and Prevention, the number of adults unable (or very difficult) to walk a mile was found to be around 17.1 million in 2016. The increasing prevalence of debilitating neurological diseases, rheumatoid arthritis, and osteoarthritis have been contributing to the increased percentage of the population with a disability to walk.
  • Therefore, as the geriatric population is growing, the demand for walking assist devices is also rising across the globe. Also, the walking assist device provides balance, support, and ultimately, the subsequent ability to survive independently. The aforementioned factors are responsible for the increasing number of the geriatric population getting attracted to the walking assist devices.
  • Furthermore, the rise of the healthcare expenditure and funding by the government for the development of robots to improve health is also significantly contributing in the market growth across the globe.

    Scope of the Report:

  • As per the , the walking assist devices are designed for people who are suffering from leg injuries or are unable to walk, due to any internal problem. These devices are also used by people who face the problem of body balance during walking, due to nervous system diseases, such as Parkinson’s disease and Alzheimer disease. The basic design of the walker is that it is of light body weight and it is available with a four wheels and two wheels design, which provides comfort to the user during walking.

    Walking Assist Devices Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Walking Assist Devices market?
    • What are the key market trends impacting the growth of the global Walking Assist Devices market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Walking Assist Devices market?
    • What are the market opportunities and threats faced by the vendors in the global Walking Assist Devices market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Walking Assist Devices market?

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    Key Market Trends:

    Crutch is the Fastest Growing Segment Under Product Type that is Also Expected to Grow During the Forecast Period

    The crutches segment is expected to emerge as the fastest growing segment, owing to the rapid growth pace that is a result of the high global demand for crutches as supportive walking devices and as equipment employed to provide rehabilitative care. The crutches minimize the weight-bearing effect on the disabled leg and help improve the balance and stability of the individual while walking. Therefore, increasing innovations in crutches and the rising prevalence of arthritis are believed to show stable growth in the future.

    North America holds the Largest Market and is Expected to Follow the Same Trend Over the Forecast Period

    North America has dominated the market owing to the increase in the geriatric population, the presence of well-developed healthcare sectors, technological advancements forwarded by the leading players, and private organizations offering varied supportive services for the benefit of the physically disabled people. In addition, the increasing cases of rheumatoid arthritis in the United States is also driving the walking assist devices market in the country.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Walking Assist Devices Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Walking Assist Devices .

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    Report Objectives:

    • Analyzing the size of the Walking Assist Devices market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Walking Assist Devices market.
    • Determining the key dynamics of the Walking Assist Devices market.
    • Highlighting significant trends of the Walking Assist Devices market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Walking Assist Devices market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Walking Assist Devices market.

    Detailed TOC of Walking Assist Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Incidences of Rheumatoid and Osteo-arthritis
    4.2.2 Surging Demand for Rehabilitation Equipment
    4.2.3 Steep Rise in the Aging Population
    4.3 Market Restraints
    4.3.1 High Cost of Purchase
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Gait Belt and Lift Vest
    5.1.2 Cane
    5.1.3 Crutch
    5.1.4 Walker
    5.1.5 Wheelchair
    5.1.6 Power Scooter
    5.2 Geography
    5.2.1 North America
    5.2.1.1 US
    5.2.1.2 Canada
    5.2.1.3 Mexico
    5.2.2 Europe
    5.2.2.1 Germany
    5.2.2.2 UK
    5.2.2.3 France
    5.2.2.4 Italy
    5.2.2.5 Spain
    5.2.2.6 Rest of Europe
    5.2.3 Asia-Pacific
    5.2.3.1 China
    5.2.3.2 Japan
    5.2.3.3 India
    5.2.3.4 Australia
    5.2.3.5 South Korea
    5.2.3.6 Rest of Asia-Pacific
    5.2.4 Middle East & Africa
    5.2.4.1 GCC
    5.2.4.2 South Africa
    5.2.4.3 Rest of Middle East & Africa
    5.2.5 South America
    5.2.5.1 Brazil
    5.2.5.2 Argentina
    5.2.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Invacare Corporation
    6.1.2 Better Life Healthcare LTD
    6.1.3 Ossenberg Gmbh
    6.1.4 GF Health Products Inc.
    6.1.5 Honda Motor Co. Ltd
    6.1.6 Karma Healthcare Ltd
    6.1.7 Besco Medical Co. Ltd
    6.1.8 Homecare Product Inc.
    6.1.9 Permobil Inc.
    6.1.10 Sunrise Medical LLC

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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