Walking Aids Market Size, Share & Trends Analysis Report By Type (Rollators, Others), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2019 - 2026

Published: Nov, 2019 | Pages: 90 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global walking aids market size is expected to reach USD 3.7 billion by 2026 at a CAGR of 6.8%, according to a new report by Grand View Research, Inc.The market is expected to witness significant growth during the forecast period owing to the increasing disability rates caused due to rising incidence of malnutrition and infectious, non-infectious, & congenital diseases; growing prevalence of diabetes; and increasing geriatric population & number of accidents/traumas.

The introduction of devices with new features such as rollators with the attached laser for Parkinson's patients is anticipated to propel market growth over the forecast period. The rise in disposable income coupled with an increase in awareness in developed countries is anticipated to further boost market demand.

High prevalence of osteoporosis & arthritis and increasing awareness & adoption of canes, crutches, & walkers are expected to drive market growth during the forecast period. Moreover, factors such as technological advancements, an increasing number of initiatives & funding by governments & international organizations, and a rising number of post-surgery rehabilitation programs are likely to contribute to market growth.

In addition, the demand for better quality, more efficient, sustainable, and cost-efficient walking aids is rising owing to the increasing number of disabled individuals participating in the workforce. Therefore, urging the need for advanced and cost-effective walking aids. However, lack of reimbursement and the availability of a wide range of refurbished products in the market is restraining the market growth.

Further Key Findings from the Report Suggest:

• Rollators accounted for the largest share in the walking aids market owing to the availability of advanced design and features offered, such adjustable handle height, better comfort, and directional control.

• Asia Pacific region is expected to witness substantial growth over the next decade owing to the increasing incidence of arthritis and the geriatric population. This regional market is expected to witness lucrative growth over the forecast period.

• Rehabilitation centers with low funding and many eldercare centers in low-income economies are among the major end-users of low-cost rollators

• The others segment (canes, crutches, and walkers) is anticipated to be the fastest-growing segment owing to the increasing awareness & adoption of canes, crutches, & walkers.

• Market players include Evolution Technologies, HUMAN CARE, Benmor Medical, Briggs Healthcare, Carex Health Brands, TOPRO, and Eurovema AB are some of the prominent players operating in the market for rollators

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market segmentation & scope
                    1.2. Information procurement
                        1.2.1. Purchased database
                        1.2.2. GVR's internal database
                        1.2.3. Secondary sources & third-party perspectives
                        1.2.4. Primary research
                    1.3. Information analysis
                        1.3.1. Data analysis models
                    1.4. Market formulation & data visualization
                    1.5. Data validation & publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segment Outlook
                    2.3. Competitive Insights
Chapter 3. Walking Aids Market Variables, Trends & Scope
                    3.1. Market Lineage outlook
                    3.2. Market Dynamics
                        3.2.1. Market Driver Analysis
                        3.2.2. Market Restraint Analysis
                    3.3. Walking Aids: Market Analysis Tools
                        3.3.1. Industry Analysis - Porter's
                            3.3.1.1. Supplier Power
                            3.3.1.2. Buyer Power
                            3.3.1.3. Substitution Threat
                            3.3.1.4. Threat from new entrant
                            3.3.1.5. Competitive rivalry
                        3.3.2. PESTEL Analysis
                            3.3.2.1. Political Landscape
                            3.3.2.2. Environmental Landscape
                            3.3.2.3. Social Landscape
                            3.3.2.4. Technology Landscape
                            3.3.2.5. Legal Landscape
Chapter 4. Walking Aids Market: Segment Analysis, By Type 2015 - 2026 (USD Million)
                    4.1. Definitions & Scope
                    4.2. Type market share analysis, 2015 & 2026
                    4.3. Global Walking Aids Market, By Type, 2015 to 2026
                    4.4. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
                        4.4.1. Rollators
                            4.4.1.1. Premium
                            4.4.1.2. Low cost
                        4.4.2. Others
Chapter 5. Walking Aids Market: Regional Market Analysis, By Region, 2015 - 2026 (USD Million)
                    5.1. Definitions & Scope
                    5.2. Regional market share analysis, 2018 & 2026
                    5.3. Regional Market Dashboard
                    5.4. Regional Market: Key Players
                    5.5. Market Size, & Forecasts, and Trend Analysis, 2019 to 2026:
                    5.6. North America
                        5.6.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
                        5.6.2. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.6.3. U.S.
                            5.6.3.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.6.4. Canada
                            5.6.4.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                    5.7. Europe
                        5.7.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
                        5.7.2. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.7.3. UK
                            5.7.3.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.7.4. Germany
                            5.7.4.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.7.5. France
                            5.7.5.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.7.6. Italy
                            5.7.6.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.7.7. Spain
                            5.7.7.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                    5.8. Asia Pacific
                        5.8.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
                        5.8.2. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.8.3. Japan
                            5.8.3.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.8.4. China
                            5.8.4.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.8.5. India
                            5.8.5.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.8.6. Australia
                            5.8.6.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.8.7. South Korea
                            5.8.7.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                    5.9. Latin America
                        5.9.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
                        5.9.2. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.9.3. Brazil
                            5.9.3.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.9.4. Mexico
                            5.9.4.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.9.5. Argentina
                            5.9.5.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                    5.10. Middle East and Africa
                        5.10.1. Market estimates and forecast, by country, 2015 - 2026 (USD Million)
                        5.10.2. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.10.3. South Africa
                            5.10.3.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.10.4. Saudi Arabia
                            5.10.4.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
                        5.10.5. UAE
                            5.10.5.1. Market estimates and forecast, by type, 2015 - 2026 (USD Million)
Chapter 6. Walking Aids Market - Competitive Analysis
                    6.1. Key companies profiled
                        6.1.1. Evolution Technologies
                            6.1.1.1. Company Overview
                            6.1.1.2. Product Benchmarking
                            6.1.1.3. Strategic Initiatives
                        6.1.2. HUMAN CARE
                            6.1.2.1. Company Overview
                            6.1.2.2. Product Benchmarking
                            6.1.2.3. Strategic Initiatives
                        6.1.3. Benmor Medical
                            6.1.3.1. Company Overview
                            6.1.3.2. Financial Performance
                            6.1.3.3. Product Benchmarking
                            6.1.3.4. Strategic Initiatives
                        6.1.4. Briggs Healthcare
                            6.1.4.1. Company Overview
                            6.1.4.2. Product Benchmarking
                            6.1.4.3. Strategic Initiatives
                        6.1.5. Carex Health Brands
                            6.1.5.1. Company Overview
                            6.1.5.2. Product Benchmarking
                            6.1.5.3. Strategic Initiatives
                        6.1.6. Eurovema AB
                            6.1.6.1. Company Overview
                            6.1.6.2. Product Benchmarking
                            6.1.6.3. Strategic Initiatives
                        6.1.7. TOPRO
                            6.1.7.1. Company Overview
                            6.1.7.2. Product Benchmarking
                            6.1.7.3. Strategic Initiatives
                        6.1.8. Invacare Corporation
                            6.1.8.1. Company Overview
                            6.1.8.2. Product Benchmarking
                            6.1.8.3. Strategic Initiatives
                        6.1.9. Drive medical design and manufacturing, Inc.
                            6.1.9.1. Company Overview
                            6.1.9.2. Product Benchmarking
                            6.1.9.3. Strategic Initiatives

List of Tables

Table 1 Global Walking Aids Market, By Region, 2015 - 2026 (USD Million)
Table 2 Global Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 3 North America Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 4 U.S. Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 5 Canada Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 6 Europe Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 7 UK Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 8 Germany Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 9 France Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 10 Italy Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 11 Spain Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 12 Asia Pacific Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 13 Japan Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 14 China Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 15 India Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 16 Australia Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 17 South Korea Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 18 Latin America Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 19 Brazil Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 20 Mexico Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 21 Argentina Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 22 Middle East & Africa Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 23 South Africa Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 24 Saudi Arabia Walking Aids Market, By Type, 2015 - 2026 (USD Million)
Table 25 UAE Walking Aids Market, By Type, 2015 - 2026 (USD Million)

List of Figures

Figure 1 Market research process
Figure 2 Information procurement
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 Value chain-based sizing & forecasting
Figure 6 QFD modelling for market share assessment
Figure 7 Market formulation & validation
Figure 8 Walking aids market segmentation
Figure 9 Market snapshot
Figure 10 Market restraint relevance analysis (Current & future impact)
Figure 11 Market driver relevance analysis (Current & future impact)
Figure 12 SWOT analysis, by factor (political & legal, economic and technological)
Figure 13 Porter's five forces analysis
Figure 14 Walking Aids Market: type key takeaways
Figure 15 Walking Aids Market: type movement analysis
Figure 16 Regional marketplace: Key takeaways
Figure 17 Regional outlook, 2018 & 2025
Figure 18 North America Walking Aids Market, 2015 - 2026 (USD Million)
Figure 19 U.S. Walking Aids Market, 2015 - 2026 (USD Million)
Figure 20 Canada Walking Aids Market, 2015 - 2026 (USD Million)
Figure 21 Europe Walking Aids Market, 2015 - 2026 (USD Million)
Figure 22 UK. Walking Aids Market, 2015 - 2026 (USD Million)
Figure 23 Germany Walking Aids Market, 2015 - 2026 (USD Million)
Figure 24 Italy Walking Aids Market, 2015 - 2026 (USD Million)
Figure 25 Spain Walking Aids Market, 2015 - 2026 (USD Million)
Figure 26 France Walking Aids Market, 2015 - 2026 (USD Million)
Figure 27 Asia Pacific Walking Aids Market, 2015 - 2026 (USD Million)
Figure 28 Japan Walking Aids Market, 2015 - 2026 (USD Million)
Figure 29 China Walking Aids Market, 2015 - 2026 (USD Million)
Figure 30 India Walking Aids Market, 2015 - 2026 (USD Million)
Figure 31 Australia Walking Aids Market, 2015 - 2026 (USD Million)
Figure 32 South Korea Walking Aids Market, 2015 - 2026 (USD Million)
Figure 33 Latin America Walking Aids Market, 2015 - 2026 (USD Million)
Figure 34 Brazil Walking Aids Market, 2015 - 2026 (USD Million)
Figure 35 Mexico Walking Aids Market, 2015 - 2026 (USD Million)
Figure 36 Argentina Walking Aids Market, 2015 - 2026 (USD Million)
Figure 37 MEA Walking Aids Market, 2015 - 2026 (USD Million)
Figure 38 South Africa Walking Aids Market, 2015 - 2026 (USD Million)
Figure 39 Saudi Arabia Walking Aids Market, 2015 - 2026 (USD Million)
Figure 40 UAE Walking Aids Market, 2015 - 2026 (USD Million)