Walking
Assist Device Market – Global Industry Insights, Trends, Size, Share,
Outlook, and Opportunity Analysis, 2018-2026
Walking assist device are
designed for people suffering from leg injury, also for the people who are
unable to walk by their own due to weak leg muscles. These devices are also
used by people who face problem of body balance during walking due to nervous
system disease such as Parkinson’s disease and Alzheimer disease. The basic
design of walker consist of light body weight and they are available with four
wheels and two wheels design which provides comfort to the user during walking.
There are various types of walker
systems available in market as per the need of user such as canes, baby
walkers, crutches, standard walkers. The cane type of walker is a handheld
walking stick that provides physical support to the user when walking. Crutches
have a soft bar at its top, which is placed under the armpit. This type of
walker is mainly used by people who have lost one leg. Various types of
crutches available in market include axillary crutch, forearm crutch, platform
crutch, stutter crutch, leg support crutches having different weight capacity
and 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 for
walking assist devices market in the near future
North America and Europe account
for major share in the global walking assist devices market. The near future is
expected to witness Asia Pacific taking the pole position, due to continuous
rise in aging population and rate of disabilities around the globe.
As per United Nations Population
Fund, people aged 60 years and above accounted for 12.3% of the global
population in 2015, which is expected to increase to 22% by 2050, accounting
for 2 billion people. This creates a highly lucrative growth opportunity for
growth of the market.
The another factor which cause to
body imbalance is arthritis disease, as per Centers of Disease Control and
Prevention (CDC) by 2040, 78 million people will suffer from arthritis in the
U.S.
According to National
Rehabilitation Information Center in 2015, 12.6% people out of total population
were 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 Disease
Control and Prevention (CDC), in 2015, around 18.2 million adults were unable
to walk due to difficulties in physical functioning and it is expected that the
number will grow year on year as the rate of disease such as nervous system
disease and rate of road accidents in increasing year on year.
The demand for walking assisted
devices is expected from developed as well as from emerging countries due to
increase in rate of aging population among these region. Also, these devices
are available at low cost and rise in high disposable income leading to
increase in the demand for walking assist devices.
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