DUBLIN–(BUSINESS WIRE)–The “Global Walking Assist Devices Market 2022-2028” report has been added to from ResearchAndMarkets.com offer.
The global walking aids market is expected to grow at a significant CAGR of 0.4.1% during the forecast period. Rising healthcare spending and government funding for the development of robots to improve health are contributing significantly to the growth of the walking aids market across the globe during the forecast period.
For example, in April 2021, Panasonic Corporation developed a mass production model of its gait training robot which is designed to provide safe and effective gait training to seniors. Panasonic has been committed to the development and demonstration of AI-powered walking training robots to enable elderly people with walking anxiety to regain the ability to walk and prolong a healthy life. Additionally, increased awareness of direct-to-consumer marketing is also supporting the growth of the walking aids market.
The global walking aids market is segmented on the basis of devices and end user. On the basis of devices, the market is segmented into walkers, crutches, wheelchairs, walking belts and lifting vests, etc. On the basis of end-user, the market is sub-segmented into hospital and home care.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is estimated to be the fastest growing region during the forecast period due to increased healthcare expenditure. Government funding for the development of robots and increasing healthcare expenditures are some of the major factors driving the growth of the walking aids market in the region.
The major companies serving the global walking aids market are Duracell, Inc., Energizer Holdings, Inc., Sony Corp., Tesla Inc., Toshiba Corp. and others. Market players are significantly contributing to the growth of the market by adopting various strategies including mergers and acquisitions, partnerships, collaborations, financing, and new product launches to stay competitive in the market.
For example, in December 2021, German Bionic announced the fifth generation of the award-winning Cray X. The German Bionic smart power suit will ship worldwide from early 2022 and will be available for demonstration in Las Vegas during CES, January 5-8, 2022.
The report covers
Comprehensive research methodology of the global Walking Aid Devices Market.
This report also includes a detailed and comprehensive overview of the market with key insights from analysts.
A comprehensive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global Walking Aids Devices market.
Overview of market determinants driving the global walking aids market.
Detailed and extensive market segments with the regional breakdown of forecast revenue.
Detailed profiles and recent developments of market players.
Main topics covered:
1. Summary of the report
2. Overview and Market Overview
2.1. Report scope
2.2. Analyst overview and current market trends
2.2.1. Main conclusions
3. Competitive landscape
3.1. Key business analysis
3.2. BioXtreme Ltd.
3.2.2. Financial analysis
3.2.3. SWOT analysis
3.2.4. RECENT DEVELOPMENTS
3.3. Cadence Biomedical
3.3.2. Financial analysis
3.3.3. SWOT analysis
3.3.4. RECENT DEVELOPMENTS
3.4. Ekso Bionics
3.4.2. Financial analysis
3.4.3. SWOT analysis
3.4.4. RECENT DEVELOPMENTS
3.5. Hocoma S.A.
3.5.2. Financial analysis
3.5.3. SWOT analysis
3.5.4. RECENT DEVELOPMENTS
3.6. Karma Medical Products Co., LTD.
3.6.2. Financial analysis
3.6.3. SWOT analysis
3.6.4. RECENT DEVELOPMENTS
3.7. Key strategic analysis
3.8. Impact of Covid-19 on key players
4.1. Global Walking Assist Devices Market by Devices
4.1.3. Wheel chairs
4.1.4. Pace belts and lifting vests
4.2. Global Walking Assist Devices Market by End User
4.2.2. Home Care
5. Regional analysis
5.1. North America
5.2.6. The rest of Europe
5.3. Asia Pacific
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the world
6. Company Profiles
6.1. Aetna Inc.
6.2. AlterG, Inc.
6.3. Besco Medical Co., LTD.
6.4. Better Life Healthcare Ltd.
6.5. Bionik Laboratories Inc.
6.6. GF Health Products, Inc.
6.7. Honda Motor Co., Ltd.
6.8. Invacare Corp.
6.9. Murata Manufacturing Co.,Ltd.
6.10. Ottobock SE & Co. KGaA
6.11. Pride Mobility Products Corp.
6.12. ReWalk Robotics Ltd.
6.13. Sunrise Medical (USA) LLC
6.14. Tamachi Industries Co., Ltd.
6.15. Yaskawa Electric Corp.
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