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Global Assisted Walking Device Market (2022-2027) by Technology, Product, End User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis.

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  • 215 Pages
  • October 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5684314

Increase in the Number of Accidents and the Growing Geriatric Population is Driving the Market's Growth

The Global Assisted Walking Device Market is estimated to be USD 7.18 Bn in 2022 and is expected to reach USD 9.92 Bn by 2027, growing at a CAGR of 6.68%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Assisted Walking Device Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Assisted Walking Device Market is segmented based on Technology, Product, End User, and Geography.
  • By Technology, the market is classified into High , Mid, and Low.
  • By Product, the market is classified into Canes, Crutches, Gait trainers, and Walkers.
  • By End User, the market is classified into Care Home, Clinic, and Hospital.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Besco Medical Co. Ltd., Carex Health Brand Corp., Graham-field Health Products, Inc., Karma Healthcare Ltd., Nova Health Products, Patterson Medical Holdings, Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Assisted Walking Device Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Assisted Walking Device Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Assisted Walking Device Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Assisted Walking Device Market

What is the estimated value of the Global Assisted Walking Device Market?

The Global Assisted Walking Device Market was estimated to be valued at $7.18 Billion in 2022.

What is the growth rate of the Global Assisted Walking Device Market?

The growth rate of the Global Assisted Walking Device Market is 6.6%, with an estimated value of $9.92 Billion by 2027.

What is the forecasted size of the Global Assisted Walking Device Market?

The Global Assisted Walking Device Market is estimated to be worth $9.92 Billion by 2027.

Who are the key companies in the Global Assisted Walking Device Market?

Key companies in the Global Assisted Walking Device Market include Besco Medical Co. Ltd., Betterlifehealthcare Ltd., Briggs Healthcare Corp., Carex Health Brand Corp., Comfort Orthopedic Co. Ltd., Drive Medical Design and Manufacturing, Inc., Electric Mobility Euro Ltd., Gogoa Mobility Robots, Graham and field Health Products, Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Geriatric Population Increase Assistive Mobility Renting Services
4.1.2 Increasing Cases of Chronic Diseases and Different Surgical Procedures
4.2 Restraints
4.2.1 High Implementation Cost of Assistive Devices
4.3 Opportunities
4.3.1 Technical Advancement of AI Build Assisted Walking Devices
4.3.2 Government and Private Organization Financial Supportive Activities
4.4 Challenges
4.4.1 Limited Reach and Awareness in Developing and Underdeveloped Areas
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Assisted Walking Device Market, By Technology
6.1 Introduction
6.2 High
6.3 Mid
6.4 Low
7 Global Assisted Walking Device Market, By Product
7.1 Introduction
7.2 Canes
7.3 Crutches
7.4 Gait trainers
7.5 Walkers
8 Global Assisted Walking Device Market, By End User
8.1 Introduction
8.2 Care Home
8.3 Clinic
8.4 Hospital
9 Americas' Assisted Walking Device Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe's Assisted Walking Device Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Assisted Walking Device Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Assisted Walking Device Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Besco Medical Co. Ltd.
14.2 Betterlifehealthcare Ltd.
14.3 Briggs Healthcare Corp.
14.4 Carex Health Brand Corp.
14.5 Comfort Orthopedic Co. Ltd.
14.6 Drive Medical Design and Manufacturing, Inc.
14.7 Electric Mobility Euro Ltd.
14.8 Gogoa Mobility Robots
14.9 Graham-field Health Products, Inc.
14.10 Guangdong Dongpin Beauty & Medical Technology
14.11 Honda Motor Co. Ltd.
14.12 Indego Exoskeleton
14.13 Invacare Corp.
14.14 Karma Healthcare Ltd.
14.15 Keeogo
14.16 Levo AG
14.17 Nova Health Products
14.18 Orthos XXI Unipessoal Lda
14.19 Ossenberg GmbH
14.20 Ottobock
14.21 Patterson Medical Holdings, Inc.
14.22 Permobil Inc.
14.23 Pride Mobility Products Corp.
14.24 Sunrise Medical Laboratories, Inc.
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Besco Medical Co. Ltd.
  • Betterlifehealthcare Ltd.
  • Briggs Healthcare Corp.
  • Carex Health Brand Corp.
  • Comfort Orthopedic Co. Ltd.
  • Drive Medical Design and Manufacturing, Inc.
  • Electric Mobility Euro Ltd.
  • Gogoa Mobility Robots
  • Graham-field Health Products, Inc.
  • Guangdong Dongpin Beauty & Medical Technology
  • Honda Motor Co. Ltd.
  • Indego Exoskeleton
  • Invacare Corp.
  • Karma Healthcare Ltd.
  • Keeogo
  • Levo AG
  • Nova Health Products
  • Orthos XXI Unipessoal Lda
  • Ossenberg GmbH
  • Ottobock
  • Patterson Medical Holdings, Inc.
  • Permobil Inc.
  • Pride Mobility Products Corp.
  • Sunrise Medical Laboratories, Inc.