The Walking Aids Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Walking Aids Global Market Report 2024, The walking aids market size is expected to sees trong growth in the next few years. It will grow to $3.90 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising chronic diseases, urbanization and accessibility, active aging trends, global health challenges, supportive policies, and economic growth. Major trends in the forecast period include innovative product designs, integration of smart technologies, rise in customization options, emphasis on lightweight materials, and telehealth integration.
The widespread occurrence of physical disabilities is anticipated to drive the expansion of the walking aid market in the future. Physical disabilities encompass conditions that significantly restrict an individual’s ability to engage in various daily activities due to physical impairments. Walking aids play a vital role in supporting individuals with physical disabilities by improving their mobility, balance, and overall independence.For example, data from the World Health Organization indicates that approximately 16% of the global population, equivalent to around 1.3 billion people, are expected to experience significant disabilities in 2023. This highlights the substantial number of individuals who may benefit from walking aids to enhance their quality of life and mobility.As the prevalence of physical disabilities continues to rise, there is a growing demand for walking aids to meet the needs of affected individuals. Therefore, the increasing prevalence of physical disabilities serves as a key driver behind the growth of the walking aid market, as it underscores the importance of mobility assistance devices in supporting individuals with impairments
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The walking aids market covered in this report is segmented –
1) By Product Type: Crutches, Canes, Walkers, Rollators, Other Products
2) By Technology: Automated, Manual
3) By End-User: Hospitals And Clinics, Home Care Settings, Other End Users
Top Major Players
Cardinal Health Inc.,
Hill-Rom Holdings Inc.,
OttoBock Healthcare GmbH,
Invacare Corporation,
Numotion LLC
The walking aids market report table of contents includes:
1. Executive Summary
- Walking Aids Market Characteristics
- Walking Aids Market Trends And Strategies
- Walking Aids Market – Macro Economic Scenario
- Global Walking Aids Market Size and Growth
- Walking Aids Market Segmentation
- Walking Aids Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Walking Aids Market
- Walking Aids Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Walking Aids Market, Segmentation By Product Type , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Walking Aids Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Walking Aids Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Cardinal Health Inc. Financial Performance
Table 75: Hill-Rom Holdings Inc. Financial Performance
Table 76: OttoBock Healthcare GmbH Financial Performance
Table 77: Invacare Corporation Financial Performance
Table 78: Numotion LLC Financial Performance
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