Gait Analyzer Market Growth Accelerates: Strategic Forecast Predicts $2.11 Billion by 2029

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What Will the Gait Analyzer Industry Market Size Be by 2025?
The market size for gait analyzers has experienced a swift expansion in the past few years. The market is projected to increase from $1.29 billion in 2024 to $1.42 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.8%. The growth during the historic period may be ascribed to various factors such as the surge in age-related gait disorders, escalating neurological diseases, an increase in road accidents, a rise in musculoskeletal disorders, and the development expansion in the field of rehabilitation medicine.

What's the Long-Term Growth Forecast for the Gait Analyzer Market Size Through 2029?
The market size of the gait analyzer is predicted to experience significant expansion in the upcoming years. The market is projected to reach $2.11 billion by 2029, with a compound annual growth rate (CAGR) of 10.4%. This surge during the forecast period is primarily driven by factors such as increased focus on personalized medicine, enhanced accessibility, and an increased inclination of individuals towards active monitoring of their gait patterns. There's also the rise in investment towards research and development in gait analysis, a growing number of individuals opting for joint replacements, and a higher incidence rate of injuries. The forecast period is also anticipated to witness key trends such as advancements in technology, incorporation of innovative functionalities to augment utility and effectiveness, the integration of artificial intelligence and machine learning, availability of wearable and portable gait analyzers, and the application of advanced biomechanical analysis.

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What Are the Key Growth Drivers Fueling the Gait Analyzer Market Expansion?
The escalation in bone-related issues is predicted to push the expansion of the gait analyzer market. This comprises a variety of disorders and conditions that impact the formation, function, and durability of bones. Genetic issues, dietary deficiencies, injuries, infections, and other health concerns can lead to these conditions. The rise in bone-related problems is attributed to an aging population, inactive lifestyles, nutritional deficits, and genetic predispositions. Gait analyzers play a crucial role in managing these issues, providing advantages like precise diagnosis, monitoring, individualized treatments, prevention of complications, surgical preparation, research, patient enlightenment, and overall life quality enhancement. For example, research published by the National Library of Medicine, a biomedical library in the U.S., in February 2023 projects that by 2040, total hip arthroplasty (THA) and total knee arthroplasty (TKA) procedures will increase by 719,364 and 1.22 million respectively. Additionally, by 2060, the number of TKAs are estimated to reach 2.91 million, while THAs are forecasted to reach 1.98 million. Thus, the growth in bone-related problems is fueling the expansion of the gait analyzer market.

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What Are the Key Trends Driving Gait Analyzer Market Growth?
Leading businesses in the gait analyzer market are concentrating their efforts on the creation of innovative merchandise such as in-shoe foot function and gait analysis mechanisms, aimed to provide accurate, real-time data regarding foot mechanics and gait patterns. These in-shoe systems contribute comprehensive and continuous observations on foot mechanics and gait movement, enhancing clinical evaluations and improving athletic performances. For example, in June 2023, Tekscan, a company based in the United States renowned for manufacturing gait analyzers, introduced F-Scan GO. This latest compact in-shoe foot function and gait analysis system is ideal for biomechanics researchers. It provides an uncompromising in-shoe gait analysis solution that allows the natural movement of gait while gathering extensive sensor data at unequalled sampling speeds. This advancement strengthens Tekscan's dominant position in the realm of in-shoe gait analysis, backed by numerous studies validated by research.

How Is the Gait Analyzer Market Segmented?
The gait analyzer market covered in this report is segmented -

1) By Type: With Heart Rate Monitoring, Without Heart Rate Monitoring
2) By Age: Pediatric, Adult
3) By Application: Household, Commercial, Other Applications

Subsegments:
1) By With Heart Rate Monitoring: Wearable Gait Analyzers With Integrated Heart Rate Sensors, Gait Analysis Systems With Ecg Or Pulse Rate Monitoring, Smart Insoles With Heart Rate Tracking, Portable Gait Monitors With Biometric Feedback
2) By Without Heart Rate Monitoring: Standalone Gait Analysis Systems (Pressure Mats, Motion Sensors), 3d Motion Capture Systems For Gait Analysis, Video-Based Gait Analysis Systems, Treadmills With Gait Analysis Features (Without Heart Rate Monitoring)

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Which Companies Are Leading the Charge in Gait Analyzer Market Innovation?
Major companies operating in the gait analyzer market are Kistler Group, Movella Holdings Inc., Tekscan Inc., TSE Systems GmbH, BTS Bioengineering Corp., Delsys Inc., Noraxon USA Inc., BioSensics LLC, Advanced Mechanical Technology Inc., Motion Analysis Corporation, Qualisys AB, Zebris Medical GmbH, Medilogic GmbH, ProtoKinetics LLC, CIR Systems Inc., Eloi Podologie, Microgate Srl, Sensor Medica Srl, DIERS International GmbH, ReTiSense Inc.

Which Regions Are Leading the Global Gait Analyzer Market in Revenue?
North America was the largest region in the gait analyzer market in 2023. The regions covered in the gait analyzer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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