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MarketsandMarkets Presents Walking Assist Devices Market worth 6.57 Billion USD by 2020 https://www.marketsandmarkets.com/Market-Reports/medical-aesthetics-market-885.html
The report "Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW) - Global Forecast to 2020",The global Walking Assist Devices Market report defines and segments the walking assist devices market globally with analysis and forecast of revenue. The global walking assist devices market is expected to reach USD 6.57 Billion by 2020, at a CAGR of 3.9% from 2015 to 2020. Browse 108 market data Tables and 112 Figures spread through 168 Pages and in-depth TOC on "Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW) - Global Forecast to 2020" https://www.marketsandmarkets.com/Market-Reports/medical-aesthetics-market-885.html
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The global walking assist devices market growth is attributed to the rising aging population, increasing incidences of debilitating neurological diseases & injuries, and technological advancements & product leasing that have led to the increase in usage of walking assist devices. • The rise in elderly population and increasing technological advancements are some factors that have led to the growth of the global walking assist devices market. According to the World Health Organization (WHO), the global population in the age group of 60 years and above is expected to grow from 841 Million in 2013 to more than 2 Billion by 2050, which is more than double the population as of 2013. • This market is segmented and forecast on the basis of product, and geography. The product comprises of gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters. The market is further segmented and forecast on the basis of major geographies such as North America, Europe, Asia-pacific and Rest of the World (RoW). These major geographies are further sub-segmented into major countries. The global walking assist devices market was dominated by North America in 2014. https://www.marketsandmarkets.com/Market-Reports/medical-aesthetics-market-885.html
The market is broadly segmented on the basis of product and geography. Based on product, the global market is classified into gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters.The wheelchairs segment of the global walking assist device market is the largest and also the fastest growing segment. The rise in geriatric population across the globe and increase in the number of patients suffering from mobility impairment due to spinal cord injuries and paraplegia are some factors leading to growth of the wheelchairs segment of the global walking assist device market. The report provides a detailed analysis of the market for each region and country. Four major regions covered in the report are North America (the U.S., Canada, Mexico), Europe (Germany, France, Italy, Spain, U.K.,), and Asia-Pacific (Japan, China, India, Australia, Republic of Korea) and Rest of the World (RoW). A deep-dive analysis on pricing pattern, usage pattern, end user response matrix, market share, government initiatives, product recalls, new product launches, industry trends, and technological advancements has been detailed in the report. https://www.marketsandmarkets.com/Market-Reports/medical-aesthetics-market-885.html
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North America accounted for the largest share in the global walking assist device market in 2014. The walking assist device market in the North American region is mostly driven by factors, such as presence of supportive government policies, sophisticated healthcare infrastructure, and increasing geriatric population base. Europe is the fastest growing region in global walking assist device market in 2014 due to increase in technological advancements in the healthcare sector and development of new products that are equipped with gadgets. • The report also covers the competitive landscape of global market by new product launches, recent developments, and mergers & acquisitions. The major players operating in this market are Honda Motor Co., Ltd., Permobil Inc., GF Health Products, Inc., Invacare Corporation, Besco Medical Co., LTD., Betterlifehealthcare Ltd., C.T.M. Homecare Product, Inc., Ottobock, Ossenberg GmbH, Pride Mobility Products Corp., Aetna Inc., Sunrise Medical (US) LLC, and Karma Healthcare Ltd., among others. https://www.marketsandmarkets.com/Market-Reports/medical-aesthetics-market-885.html
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