Walking Assist Device Market Growth, & Key Business Strategies by Leading Industry Players Honda Motor Co., Permobil, GF Health Products, Invacare, Ossenberg GmbH and Aetna

Coherent Market Insights has announced the addition of the “Walking Assist Device Market Size Status and Forecast 2026”, The report classifies the global Walking Assist Device Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Walking Assist Device Speaker market, analyzes and researches the Walking Assist Device Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like Honda Motor Co., Permobil, GF Health Products, Invacare, Ossenberg GmbH and Aetna.

Request a sample copy: https://www.coherentmarketinsights.com/insight/request-sample/463

Walking assist device are designed for people suffering from leg injury, also for the people who are unable to walk by their own due to weak leg muscles. These devices are also used by people who face problem of body balance during walking due to nervous system disease such as Parkinson’s disease and Alzheimer disease. The basic design of walker consist of light body weight and they are available with four wheels and two wheels design which provides comfort to the user during walking.

There are various types of walker systems available in market as per the need of user such as canes, baby walkers, crutches, standard walkers. The cane type of walker is a handheld walking stick that provides physical support to the user when walking. Crutches have a soft bar at its top, which is placed under the armpit. This type of walker is mainly used by people who have lost one leg. Various types of crutches available in market include axillary crutch, forearm crutch, platform crutch, stutter crutch, leg support crutches having different weight capacity and size and are also used by kids to learn walking.

Market Growth

Increasing aging population, disabilities and injuries around the globe expected to favor the demand for walking assist devices market in the near future

North America and Europe account for major share in the global walking assist devices market. The near future is expected to witness Asia Pacific taking the pole position, due to continuous rise in aging population and rate of disabilities around the globe.

As per United Nations Population Fund, people aged 60 years and above accounted for 12.3% of the global population in 2015, which is expected to increase to 22% by 2050, accounting for 2 billion people. This creates a highly lucrative growth opportunity for growth of the market.

The another factor which cause to body imbalance is arthritis disease, as per Centers of Disease Control and Prevention (CDC) by 2040, 78 million people will suffer from arthritis in the U.S.

According to National Rehabilitation Information Center in 2015, 12.6% people out of total population were living with some form of disability in the U.S. Furthermore, around 51% out of total disabilities is occur in the people having age between 18 to 64 years.

Also, as per Centers for Disease Control and Prevention (CDC), in 2015, around 18.2 million adults were unable to walk due to difficulties in physical functioning and it is expected that the number will grow year on year as the rate of disease such as nervous system disease and rate of road accidents in increasing year on year.

Walking Assist Device Market, by Product Type:

Gaits Belts & Lift Vests
Canes
Crutches
Walkers
Wheelchairs
Power scooters
Others

Walking Assist Device Market, by Geography:

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

What Information does this report contain?

-Historical data coverage: 2013 to 2017; Growth Projections: 2018 to 2026.
-Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
-6-7 year performance forecasts: major segments covering applications, top products and geographies.
-Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

The demand for walking assisted devices is expected from developed as well as from emerging countries due to increase in rate of aging population among these region. Also, these devices are available at low cost and rise in high disposable income leading to increase in the demand for walking assist devices.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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This release was published on openPR.