Walking Assist Devices Market Analysed by M&M in In-demand Report Now Available at MarketPublishers.com09 Mar 2016 • by Natalie Aster
LONDON – The walking assist devices market globally is expected to be valued at USD 6.57 billion by end-2020, growing at a CAGR of just under 4% through to 2020.
Geography-wise, North America captured the lion’s share of the walking assist devices market as of 2014. This is owing to the burgeoning ageing population, a surge in technological advances and product leasing, and rising incidence rates of debilitating neurological disorders and injuries which have resulted in the hike in the use of walking assist devices over the past few years. Europe’s market is gaining traction due to the technology developments and government support in tandem with an upsurge in the population’s spending capacity.
The trends in patient community are expected to have a bearing on the growth of the walking assist devices market. For example, the global population aged 65 years and above is anticipated to surge from 524 million in 2010 to around 1.5 billion by end-2050. During 2010-2050, the elderly population in the emerging nations is likely to increase by over 250% versus 71% growth in the developed geographies. The increase in the world’s elderly population is one of the factors that have entailed the hike in the use of walking assist devices, like crutches, canes, power scooters, and wheelchairs.
Permobil Inc., Honda Motor Co., Ltd., GF Health Products, Inc., Besco Medical Co., LTD., Betterlifehealthcare Ltd., Invacare Corporation, Aetna Inc., C.T.M. Homecare Product, Inc., Ossenberg GmbH, Ottobock, Karma Healthcare Ltd., Pride Mobility Products Corp., and Sunrise Medical (US) LLC are some of the prominent players in the market space.
In-demand research report “Walking Assist Devices Market” drawn up by M&M offers a deep dive assessment and forecast to 2020 of global walking assist devices market and segments it by products and geography. The research study looks into the lucrative emerging markets; analyses the markets for walking assist devices across different regions, identifies novel distribution channels, a new customer base and various pricing policies. It gives detailed information on new products, untapped regions, recent developments, and investment decisions in the world market for walking assist devices. The report contains a careful description pertaining to the related and unrelated diversification with respect to the market. The report also provides a detailed competitive landscape review and offers a strategic analysis of the major players operating in the market, covering segment and nation specific company shares, news and deals, M&A activity, segment specific products in development, product approvals and recalls of the key companies are examined.
Walking Assist Devices Market
Published: February, 2016
Price: US$ 4,650.00
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