(PharmaNewsWire.Com, April 17, 2018 ) Europe Walking Assist Devices Market is expected to grow at 4.09% CAGR from 2016 to 2021 and it is projected that the Europe market was valued at USD 1.41 billion in 2016 and is anticipated to reach USD 1.73 billion by 2021.
A Walking Assist Devices is a device designed to assist walking or otherwise improve the mobility of people with a mobility impairment. There are various walking aids which can help people with impaired ability to walk and wheelchairs or mobility scooters for more severe disability or longer journeys which would otherwise be undertaken on foot. For people who are blind or visually impaired the white cane and guide dog have a long history of use. Other aids can help with mobility or transfer within a building or where there are changes of level. Traditionally the phrase “Walking Assist Devices " has applied mainly to low technology mechanical devices. The term also appears in government documents, for example dealing with tax concessions of various kinds. It refers to those devices whose use enables a freedom of movement similar to that of unassisted walking or standing up from a chair.
The walking assist devices market growth is driven by the increase in geriatric population, rise in the instances of debilitating neurological diseases & injuries, and technological advancements & product leasing that have led to the increase in usage of walking assist devices. Moreover, rise in government initiatives to ensure availability of walking assist devices to the geriatric population in order to meet the demand is anticipated to fuel the Europe walking assist devices market. However, rise in the prevalence of the neurological diseases is expected to boost the Europe market in future. However, high cost associated with walking assist devices and some issues related to walking assist devices may hinder the Europe walking assist devices market growth.
The Europe market is segmented on the basis of Product Type. On the basis of Product Type, it is segmented Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs and Power Scooters. The wheelchairs segment contributed the largest share in this market segment. The demand for the walking devices is increasing amongst the geriatric population mainly due to benefits, such as the provision of support, balance, and the subsequent ability to live independently. In addition, the demand for the rehabilitation equipment is growing as a consequence of the significant role they play in bettering the lives of the physically-challenged.
On the basis of geography, the market is analyzed under various regions namely Germany, Itay, France, U.K. and Spain. The market in Europe held the second largest share of the market due to the rising rates of obese population, as a result driving the procedure growth. The market growth is due to the technological advancements and government support and along with rise in the spending capacity population.
Walking Assist Devices Market Segmentation: Product Type • Introduction • Gait Belts and Lift Vests • Canes i. Quad Canes ii. Folding Canes iii. Canes Market, By Product Type • Crutches • Walkers i. Standard Walkers ii. Rolling Walkers/Rollators iii. Hemi Walkers iv. Walkers Market, By Product Type • Wheelchairs • Wheelchairs • Electric Wheelchairs • Wheelchairs Market, By Product Type 1. Front Wheel Drive 2. Center Wheel Drive 3. Rear Wheel Drive 4. Standing Power Wheelchairs 5. Motorized/Electric Wheelchairs Market, By Product Type • Power Scooters i. Boot Scooters ii. Road Scooters iii. Pavement Scooters iv. Power Scooters Market, By Product Type • Y-o-Y Growth Analysis, By Product Type • Market Attractiveness Analysis, By Product Type • Market Share Analysis, By Product Type
Scope of the report The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated. The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info: Name: Mr. Abhishek Shukla Email: abhishek@marketdataforecast.com Organization: MarketDataForecast™ Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India. Phone: +1-888-702-9626
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
