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Walking Assist Device

03-06-2019 05:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Walking Assist Device

Walking Assist Device

The Walking Assist Device Market 2018 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Walking Assist Devicese industry. First, " Walking Assist Devicese Industry 2018" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Walking Assist Devicese industry chain structure.
Walking Assist Device Market Top Players Honda Motor Co., Ltd., Permobil Inc. ,GF Health Products, Inc., Invacare Corporation, T.M. Homecare Product, Ossenberg GmbH, Pride Mobility Products Corp., Aetna Inc.

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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.

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.

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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Walking Assist Device Market, by Product Type:

Gaits Belts & Lift Vests
Power scooters
Walking Assist Device Market, by Geography:

North America
Latin America
Asia Pacific
Middle East

About Coherent Market Insights:

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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