Us Assisted Walking Device Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Assisted Walking Device Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 8.1 Billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030.
The U.S. assisted walking device market is experiencing significant growth, driven by technological advancements and an aging population. Projections indicate that the market could reach approximately $6.36 billion by 2030, with a compound annual growth rate (CAGR) of 6.57% from 2022 to 2030. This surge is largely attributed to the increasing prevalence of mobility-related health issues among the elderly, such as arthritis and Parkinson's disease.
In my personal experience, I've observed how modern assisted walking devices have transformed lives. A close family member, after a hip surgery, benefited immensely from using a rollator. The device not only provided the necessary support but also boosted their confidence to move independently. Such firsthand experiences underscore the importance of these devices in enhancing mobility and quality of life.
Technological innovations are at the forefront of this market expansion. Companies like Ekso Bionics have developed advanced exoskeletons, such as the EksoNR, which received FDA approval for use with patients suffering from acquired brain injuries and multiple sclerosis. These devices facilitate various gait activities, including walking backward and side-stepping, offering comprehensive rehabilitation solutions. Similarly, ReWalk's exoskeletons have been approved for personal and rehabilitation use in the U.S., enabling individuals with spinal cord injuries to walk again.
The market offers a diverse range of products to cater to varying mobility needs:
Canes: Ideal for individuals requiring minimal support, canes enhance balance and reduce the risk of falls.
Crutches: Designed for those needing to offload weight from a leg, crutches aid in mobility during injury recovery.
Walkers: Providing substantial support, walkers are essential for individuals with significant mobility challenges.
Gait Trainers: These devices assist those undergoing rehabilitation to improve their walking patterns and build strength.
Regional analysis indicates that North America holds a substantial share of the assisted walking devices market, accounting for approximately 35.6% of the revenue in 2021. This dominance is due to advanced healthcare infrastructure, favorable reimbursement policies, and a high prevalence of target diseases. Additionally, government initiatives and financial support play a crucial role in making these devices accessible to those in need.
In conclusion, the U.S. assisted walking device market is poised for continued growth, driven by technological advancements and an increasing demand for mobility solutions. As innovations continue to emerge, individuals with mobility impairments can look forward to enhanced support and improved quality of life.
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Carex Health Brands
Invacare
Drive Medical
Sunrise Medical
Electric Mobility Euro Ltd
Pride Mobility Products
Briggs Healthcare
Graham-field Health Products
Nova Health Products
Patterson Medical
Medline Industries
Roscoe Medical
Evolution Technologies
Cardinal Health
Trionic Sverige
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Assisted Walking Device Market
Walkers
Canes
Crutches
Rollators
Wheelchairs
Adaptive Shoes
Individual Consumers
Healthcare Facilities
Sports and Fitness Centers
Metal
Plastic
Wood
Composite Materials
Mobility Assistance
Post-Surgery Rehabilitation
Age-Related Mobility Issues
Disability Assistance
Online Retail
Offline Retail
Direct Sales
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Assisted Walking Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Assisted Walking Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Assisted Walking Device Market, By Type
6. Global Assisted Walking Device Market, By Application
7. Global Assisted Walking Device Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Assisted Walking Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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