Global Walking Assist Devices Market with Covid 19 Analysis and Challenges On Upcoming Trends 2020 || AlterG, Inc., Invacare Corporation, Permobil, Ossenberg GmbH, Electric Mobility Euro Ltd., Comfort, Levo AG Wohlen, GF HEALTH PRODUCTS, INC
A DBMR team makes use of simple language and easy to understand statistical images to provide thorough information and in-depth data on the industry and Global Walking Assist Devices Market. The company profiles of all the key players and brands that are dominating the market have been taken into consideration here. The report also shares gross margin, market share, attractiveness index, and value and volume growth of all of the segments studied by the analysts. The report provides players with crucial information and suggests result-oriented tactics to gain a competitive edge in the worldwide market. Important industry trends, market size, market share estimates are analysed and mentioned in the Global Walking Assist Devices Market research report.
What’s more, Global Walking Assist Devices Market report assesses each segment of the global market in a very detailed pattern so that readers can be informed about future opportunities and high-growth areas of the industry. This Global Walking Assist Devices Market report makes you focus on the more important aspects of the market like what the market recent trends are. Besides, it offers a complete study of crucial market dynamics, including growth drivers, restraints, challenges, trends, and opportunities. Readers are presented with accurate facts and figures related to the market and its significant factors such as consumption, production, revenue growth, and CAGR.
Global walking assist devices market is expected to rise to an estimated value of USD 8.35 billion by 2026 registering a steady CAGR in the forecast period of 2019-2026. This rise in the market can be attributed to the rising ageing population and the growing initiatives taken by government to ensure availability of walking assist devices.
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Market Definition: Global Walking Assist Devices Market
Walking assist devices are mechanical devices that aid the patient by providing balance, assistance, strength and endurance to walk independently. It consists of rehabilitative, adaptive assistive devices for those who are physically disabled, allowing them to perform those tasks independently in which they previously needed help and assistance.
Few of the major market competitors currently working in the global walking assist devices market are AlterG, Inc., Invacare Corporation, Permobil, Ossenberg GmbH, Electric Mobility Euro Ltd., Comfort, Levo AG Wohlen, GF HEALTH PRODUCTS, INC., Pride Mobility Products Corp., Ottobock, Honda Motor Co., Ltd., Sunrise Medical (US) LLC, C.T.M. HOMECARE PRODUCT, Inc., Medical Depot, Inc., MEYRA-ORTOPEDIA Vertriebsgesellschaft mbH, TAITRA, Karma Medical Products Co., LTD., Care Ltd., Besco Medical, Briggs Healthcare, NOVA Medical Products and Performance Health amongst others.
Key Developments in the Market:
- In January 2019, Honda Motors is set to launch a new and innovative walk assist device designed in collaboration with Ohio State University after it announced that they are conducting Phase II randomized controlled trials for the device. The product designed for those individuals who are suffering with Parkinson’s disease. Honda’s walk assist device will help those who have gait and balance issues. With this launch, it would revolutionize the walk assist market globally, by expanding its use and application.
- In April 2017, Toyota introduced a new robotic walk assist leg brace, Welwalk WW-1000, which would help those who are suffering with partial paralysis. It is placed on the affected leg, assisting the patients to walk. This smart robotic leg brace has an in-built sensor that knows exactly the level of support that the patients require at that point of time. This technological advanced device paves the way for a brighter future for walking assist devices.
Table of Contents-Snapshot
– Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
Competitive Analysis: Global Walking Assist Devices Market
Global walking assist devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of walking assist devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Queries Resolved In This Report:
- Which will be the specialties at which Global Walking Assist Devices Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which will be the foreseen development rates for your own Global Walking Assist Devices Market economy out and out and furthermore for each portion inside?
- Which will be the Global Walking Assist Devices Market application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the Global Walking Assist Devices Market opportunity?
- How Global Walking Assist Devices Market share advance vacillations their value from various assembling brands?
- The rising prevalence of debilitating neurological diseases, rheumatoid arthritis, and osteoarthritis increases the demand for walking assist devices
- Rising demand for rehabilitation equipment prior performing surgeries
- Increase in the healthcare expenditure drives the demand for this market
- Technological improvements and innovations in walking assist devices would act as a catalyst to the growth of this market.
- Mobility issues/complications associated with the operations of these devices is expected to hinder the growth potential
- High cost of walking assists devices restrains the growth of this market
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