Press release
Rollator Walker Market is anticipated to reach USD 2.65 billion, at a CAGR of 7.3% during the forecast period 2021-2031 | Benmor Medical, Carex Health Brands, Eurovema AB, TOPRO
The global rollator walker market was valued at USD 1.3 billion in 2021 and it is anticipated to grow up to USD 2.65 billion by 2031, at a CAGR of 7.3% during the forecast period.A rollator walker is a type of mobility aid that is used by people who have difficulty walking. It is similar to a traditional walker, but it has wheels that allow the user to push it along as they walk. The rollator also has a seat, so that the user can rest when needed. Rollator walkers can be very helpful for people who have difficulty walking, as they can provide support and stability. They can also help people stay mobile and independent. Rollator walkers are available in a variety of sizes and styles, so that they can be tailored to the needs of the individual.
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Market Trends and Drivers
There has been a substantial rise in the number of people diagnosed with diabetes worldwide, which could propel rollator walker market statistics. According to the IDF (International Diabetes Federation), around 537 million people between the ages of 20 to 79 years were diagnosed as diabetics in 2021. Categorically, around 1.2 million patients, mainly adolescents and children, have type 1 diabetes whereas close to 541 million adults are at risk of getting type 2 diabetes. A socioeconomic analysis by the World Health Organization (WHO) in 2021 showcased that diabetes is more prevalent in middle and low-income countries in comparison to high-income countries, which has increased the product demand.
Market Restraints and Challenges
Regulators have posed stringent policies that have limited the number of product approvals, which could negatively affect glucose biosensors' business development. Agencies such as the United States Food and Drug Administration (U.S. FDA) have devised operating procedures, guidelines, performance criteria, and standards for the manufacturing and usage of glucose biosensors devices. This minimizes the risk associated with these devices and ensures adequate safety.
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Global Rollator Walker Market Segmentation
By Product Type
• 3 Wheel Rollators
• 4 Wheel Rollators
• Heavy Duty Rollators
• Hybrid Rollators
Major Players in the Global Rollator Walker Market
The key players in the rollator walker market are HUMAN CARE, Evolution Technologies, Invacare Corporation, Benmor Medical, Carex Health Brands, Eurovema AB, TOPRO, Briggs Healthcare, Drive Medical Design. GF Health Products, Hill-Rom, and Stryker Corporation, among others.
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Reasons to buy Rollator Walker Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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