Assisted Walking Device Market Growth, Revenue Share Analysis, Company Profiles, and Forecast To 2028

The global assisted walking device market size is expected to reach USD 2.18 Billion in 2028 and register a CAGR of 1.04%, according to the latest report by Reports and Data. Key factors such as high number of physically challenged individuals, rising disposable income, rise in public and private healthcare spending, and increasing initiatives taken by various public and private sectors are driving global market revenue growth.

Assisted walking devices are extensively used for assisting, and rehabilitating individuals with disabilities. These devices help individuals to complete tasks independently. Assisted walking devices help physically challenged individuals with muscle functioning and restore balance and are used in various rehabilitation programs for promoting assistance post injuries and surgeries. Increasing elderly population, rapid developments in healthcare sector, technological advancements in assisted walking devices, availability of a variety of devices, high demand for rehabilitation equipment post surgeries is boosting global market growth. In addition, increasing incidence of road accidents and emergencies, growing awareness about these devices, and rising government funds are further fueling growth of the assisted walking device market.

However, factors such as costly assisted walking devices, mechanical issues, and high costs and difficulties associated with maintenance of these devices are key restraints that are expected to hamper growth of the global assisted walking device market.

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The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.

Key companies operating in the market include:

Permobil Inc., Invacare Corporation, GF Health Products, Inc., Honda Motor Co., Ltd., Betterlifehealthcare Ltd., Besco Medical Co., Ottobock, C.T.M. Homecare Product, Inc., Pride Mobility Products Corp., Sunrise Medical (US) LLC, Aetna Inc., Ossenberg GmbH, Electric Mobility Euro Ltd

The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.

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The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Assisted Walking Device market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

On basis of product types and application offered by the Assisted Walking Device industry, the market is segmented into:

Product Type Outlook (Revenue, USD Billion, 2018 - 2028)
• Wheelchairs
• Walkers
• Walker cane hybrid
• Crutches
• Canes
• Gaits belts and lift vests
• Prosthetic Limb
• Power scooters
• Others

Application Outlook (Revenue, USD Billion, 2018 - 2028)
• Hospital
• Care Home
• Clinic
• Others

The regional analysis covers:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Rest of LATAM
• Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA

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Benefits of Assisted Walking Device Market Report:

• Panoramic overview of the opportunities and risks in the Assisted Walking Device sector
• Study of recent innovations and developments in the industry
• Comprehensive study of the growth pattern of the Assisted Walking Device industry
• In-depth assessment of the competitive landscape of the key players of the Assisted Walking Device industry
• Analysis of the Assisted Walking Device market drivers, constraints, and opportunities
• Assessment of technological developments and latest trends of the industry

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