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Medical Walkers Market Growing Demand, Opportunities and Share Analysis 2022 to 2028

09-28-2022 09:07 AM CET | Health & Medicine

Press release from: Precision Business Insights

Medical Walkers Market Growing Demand, Opportunities and Share

According to Precision Business Insights (PBI), the latest report the global Medical Walkers Market is expected to be worth USD 2,365.8 million in 2021 and projected to grow at a 5.3% CAGR over 2022 to 2028. The growing elderly population coupled with the increased frequency of arthritis and Parkinson's disease is expected to fuel market expansion. Furthermore, a favourable reimbursement structure and regulations are expected to boost market expansion. Apart from geriatrics, persons with walking problems, injured people, those who have difficulty walking, and those in medical situations, medical walkers are utilised. Top companies in the global medical walkers' market are depending on technology improvements to meet a wide range of customer demands. These organisations are concentrating on patient-centred care. They are developing various walkers for patients with walking disabilities, persons with rheumatoid arthritis, and people with obesity. Roma Medical, for example, is particularly concerned with the paediatric population.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/medical-walkers-market/

The Orthopedics Segment is Dominating the Medical Walkers Market:
The Orthopedics segment is expected to account for a larger revenue share and the market is expected to grow at double digit growth rate over the forecast years owing to people with orthopaedic diseases, particularly those who have had joint and hip surgery or who have major orthopaedic problems, require walking assistance. As a result, medical walkers are beneficial for offering assistance to orthopaedic patients. The growing prevalence of orthopaedic disorders global is expected to fuel the expansion of medical walkers. According to the World Bank's Data 2020, the population of adults aged 65 and over in Germany in 2020 was 18 million. Chronic ailments such as orthopaedic condition, heart disease, and neurological problems are more common among the aged population and have a larger chance of impacting them.

North America Leads Medical Walkers Market
North America is expected to hold significant market share in the global Medical Walkers market and is projected to grow at a prominent growth rate over the forecast years owing to Favorable government policies, modern healthcare infrastructure, and a huge ageing population are some of the elements that contribute to its substantial proportion. According to the CDC, over 61 million individuals in the United States are disabled. Furthermore, players' acquisitions, investments, and product launch tactics are projected to boost market expansion.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global Medical Walkers market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In March 2020, the Rollz Mobility, UK, announced the development of a unique rollator for Parkinson's disease sufferers at Naidex. In April 2020, the mechanical walker was approved as a physical medicine prosthetic device under the code of federal rules. It was determined that the mechanical walker is a four-legged gadget designed for medicinal purposes.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=59341

The medical walkers market is segmented based on product, application, end-user, and geography.
Based on the Product, the market is segmented into the following:
• Standard Walker
• Wheeled Walker

Based on the Application, the market is segmented into the following:
• Orthopedic Care
• Emergency Care
• Geriatric Care
• Others

Based on the End-User, the market is segmented into the following:
• Hospitals
• Ambulatory Care Centers
• Others

Based on Geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Request Methodology: https://precisionbusinessinsights.com/request-methodology?product_id=59341

Key player's profiles in the medical walkers market report Are Besco Medical Co., Ltd., Foshan Better Medical Technology Co., Ltd, Carex Health Brands, FORTA S.L., Roma Medical, Invacare Corporation, Sunrise Medical, Drive Devilbiss Healthcare, Tynorindia, Vive Health.

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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