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Walking Assist Device Market is expected to reach $6.57 Billion by 2027, at a CAGR of 3.8% from 2021 to 2028

November 24th, 2021 Coherent Market Insights Releases

Overview

Walking aids are designed for people with leg injuries, including those who cannot walk alone due to weak leg muscles. These devices are also used by people who have problems balancing their bodies due to nervous system disorders such as Parkinson’s disease and Alzheimer’s disease. The basic design of the baby walker is lightweight and comes with 4 wheels and 2 wheels to provide comfort for the walking user.

There are different types of walker systems on the market, such as sticks, baby walkers, crutches, and standard running shoes, depending on your needs. The wand type is a portable wand that assists the body while walking. At the top of the crutch is a soft bar located under the armpit. This type of walker is mainly used by people who have lost their legs. The various types of crutches available on the market include axillary crutches, forearm crutches, platform crutches, stutter crutches, and leg crutches of various weight capacities and sizes, which are also used by children to learn to walk.

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Drivers

Aging, disability, and injuries in the world’s population are expected to stimulate demand in the global walking assist device market during the forecast period.

Opportunities

According to the United Nations Population Fund, people over the age of 60 will account for 12.3% of the world’s population in 2015, increasing to 22% by 2050, accounting for 2 billion people. This creates a very favorable growth opportunity for the global walking assist device market.

Regional Analysis

North America and Europe dominate the global walking assist device market. In the near future, the Asia-Pacific region is expected to take the lead due to the steady increase in the aging population and the number of people with disabilities around the world.

Another factor that causes imbalances in the body is arthritis. According to the Centers for Disease Control and Prevention (CDC), 78 million people in the U.S. will have arthritis by 2040. .. In addition, about 51% of all disabilities occur in people between the ages of 18 and 64.

According to the Centers for Disease Control and Prevention (CDC), about 18.2 million adults will not be able to walk in 2015 due to physical restrictions, and the rate of illnesses is expected to increase year by year, including: increase. The number of nervous system illnesses and traffic accidents is increasing year by year.

Due to the aging population of these regions, demand for walking aids is expected from both developed and emerging countries. In addition, these devices are available at low cost, have a high disposable income, and are in high demand for walking assistive.

Competitive Landscape

Major companies contributing to the global walking assist device market include T.M. Homecare Product, GF Health Products, Inc., Pride Mobility Products Corp., Honda Motor Co., Ltd., Sunrise Medical (US) LLC, Permobil Inc., Aetna Inc., Invacare Corporation, and Ossenberg GmbH.

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Table of Content

Global Walking Assist Device Market Research Report

Section 1: Global Walking Assist Device Industry Overview
Section 2: Global Economic Impact on Walking Assist Device Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Walking Assist Device Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Walking Assist Device Market Forecast

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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