Assisted Walking Devices Market market is expected to grow at a CAGR of 7.1% during the forecasted period | Evolve Business Intelligence

As per the study initiated by Evolve Business Intelligence, the global Assisted Walking Devices Market size accounted for USD 6.1 Billion in 2023, growing at a CAGR of 7.1% from 2023 to 2033. Assisted walking devices refer to devices designed to aid individuals with mobility challenges in walking. These devices are commonly used by people with disabilities, elderly individuals, or those recovering from injuries or surgeries. They provide support, stability, and balance to users, enabling them to move more independently. Some common types of assisted walking devices include canes, crutches, walkers, and rollators.

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The global population is aging, leading to an increase in the number of elderly individuals who may experience mobility issues. As people age, they are more likely to face conditions such as arthritis or osteoporosis, making assisted walking devices essential for maintaining mobility. Various disabilities, whether congenital or acquired, can affect an individual's ability to walk. Assisted walking devices provide crucial support for those with disabilities, enhancing their mobility and independence. The prevalence of chronic health conditions, such as diabetes and cardiovascular diseases, is increasing. These conditions can impact mobility, creating a growing demand for walking aids. Technological advancements have led to the development of more advanced and user-friendly walking devices. Features such as lightweight materials, adjustable heights, and ergonomic designs contribute to the market growth.

Key Players
Some of the major Assisted Walking Devices Market players holding high market shares include Medline Industries; Karman; Benmor Medical; Briggs Healthcare; and Carex Health Brands. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include TOPRO; Invacare Corporation; Drive Medical Design; Eurovema AB; HUMAN CARE

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Segmental Analysis
Based on product, the Assisted Walking Devices market is segmented into Canes, Crutches, Walkers, and Gait Trainers. Walkers are the largest segment of the Assisted Walking Devices market. This is because walkers are the most versatile and affordable type of assisted walking device, and they are suitable for a wide range of users, including elderly individuals, people with disabilities, and those recovering from injuries.

Based on the distribution channel, the Assisted Walking Devices market is Online and offline. Offline distribution channels, such as pharmacies and medical equipment stores, are the largest segment of the Assisted Walking Devices market. This is because offline channels provide consumers with the opportunity to try out different devices before making a purchase, and they also offer the benefit of expert advice from healthcare professionals.
Based on End Use, the Assisted Walking Devices market is Hospitals and non-hospitals. Hospitals are the largest segment of the Assisted Walking Devices market. This is because hospitals have a high demand for assisted walking devices for patients who are recovering from injuries or surgeries.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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