WalkingAssist Device Market – Global Industry Insights, Trends, Size, Share,Outlook, and Opportunity Analysis, 2018-2026
Walking assist device aredesigned for people suffering from leg injury, also for the people who areunable to walk by their own due to weak leg muscles. These devices are alsoused by people who face problem of body balance during walking due to nervoussystem disease such as Parkinson’s disease and Alzheimer disease. The basicdesign of walker consist of light body weight and they are available with fourwheels and two wheels design which provides comfort to the user during walking.
There are various types of walkersystems available in market as per the need of user such as canes, babywalkers, crutches, standard walkers. The cane type of walker is a handheldwalking stick that provides physical support to the user when walking. Crutcheshave a soft bar at its top, which is placed under the armpit. This type ofwalker is mainly used by people who have lost one leg. Various types ofcrutches available in market include axillary crutch, forearm crutch, platformcrutch, stutter crutch, leg support crutches having different weight capacityand size and are also used by kids to learn walking.
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Increasing aging population,disabilities and injuries around the globe expected to favor the demand forwalking assist devices market in the near future
North America and Europe accountfor major share in the global walking assist devices market. The near future isexpected to witness Asia Pacific taking the pole position, due to continuousrise in aging population and rate of disabilities around the globe.
As per United Nations PopulationFund, people aged 60 years and above accounted for 12.3% of the globalpopulation in 2015, which is expected to increase to 22% by 2050, accountingfor 2 billion people. This creates a highly lucrative growth opportunity forgrowth of the market.
The another factor which cause tobody imbalance is arthritis disease, as per Centers of Disease Control andPrevention (CDC) by 2040, 78 million people will suffer from arthritis in theU.S.
According to NationalRehabilitation Information Center in 2015, 12.6% people out of total populationwere living with some form of disability in the U.S. Furthermore, around 51%out of total disabilities is occur in the people having age between 18 to 64 years.
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Also, as per Centers for DiseaseControl and Prevention (CDC), in 2015, around 18.2 million adults were unableto walk due to difficulties in physical functioning and it is expected that thenumber will grow year on year as the rate of disease such as nervous systemdisease and rate of road accidents in increasing year on year.
The demand for walking assisteddevices is expected from developed as well as from emerging countries due toincrease in rate of aging population among these region. Also, these devicesare available at low cost and rise in high disposable income leading toincrease in the demand for walking assist devices.
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