0

Gait Biometrics Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44984
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The gait biometrics market has the potential to grow by USD 39.06 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 9.35%.

This gait biometrics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (healthcare, sports, and others) and geography (North America, Europe, APAC, South America, and MEA). The gait biometrics market report also offers information on several market vendors, including BioSensics, Bodytech Australia Pty. Ltd., CIR Systems Inc., Gait Up, Innovative Sports Training Inc., mCube Inc., Motek Medical BV, Noraxon USA Inc., Qualisys AB, and Tekscan Inc. among others.

What will the Gait Biometrics Market Size be in 2021?

Gait-Biometrics-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Gait Biometrics Market

 Get Your FREE Sample Now!

Gait Biometrics Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing potential of gait biometrics for elderly care is notably driving the gait biometrics market growth, although factors such as the high total cost of ownership may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the gait biometrics industry get your FREE report sample now.

  • The growing potential of gait biometrics for elderly care will drive the gait biometrics market growth during the forecast period.
  • The healthcare sector is a major adopter of gait biometric systems for elderly care, which are mainly implemented to improve patient analysis and track their physical health conditions.
  • Gait systems are used to support patients with orthopedic troubles. They can track and analyze a patient's movement and body posture.
  • As gait analyzers can enhance functioning and improve applications in the healthcare sector, their demand will be high in the market.
  • To meet the growing requirements of elderly people, healthcare providers are adopting gait biometrics to automate certain parts of the care pathways.
  • The rising demand for contactless biometrics will fuel the growth of the gait biometrics market size.
  • Several companies are focusing on contactless biometrics, which includes the retina and iris displays, gait biometrics, and vascular biometric scanners.
  • Contactless biometrics, such as gait biometrics, is faster and efficient compared with contact biometrics such as fingerprint sensors.
  • The use of contactless biometrics in places where hygiene levels need to be maintained, such as hospitals and airports, are the major application segments for contactless biometrics.
  • The growing importance of health and hygiene, along with the need for authenticating transactions, drive the growth of the market in focus. 

This gait biometrics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Gait Biometrics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BioSensics
  • Bodytech Australia Pty. Ltd.
  • CIR Systems Inc.
  • Gait Up
  • Innovative Sports Training Inc.
  • mCube Inc.
  • Motek Medical BV
  • Noraxon USA Inc.
  • Qualisys AB
  • Tekscan Inc.

 

The gait biometrics market is fragmented and the vendors are deploying growth strategies such as distinguishing their offerings through clear and unique value propositions to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the gait biometrics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Gait Biometrics Market?

Gait-Biometrics-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

47% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for gait biometrics in North America. Market growth in North America will be faster than the growth of the market in other regions.

The presence of many large healthcare companies and rehabilitation centers and the increased government spending on security system control will facilitate the gait biometrics market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Gait Biometrics Market?

Gait-Biometrics-Market-Market-Share-by-End-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

The gait biometrics market share growth by the healthcare segment will be significant during the forecast period. Gait biometrics has the potential to reduce medical costs and improve treatment while enabling patients to self-service their care needs, thereby significantly reducing human labor. The healthcare sector is a major adopter of gait biometrics, which is used in pathology labs to identify medical symptoms. Gait biometrics is mainly prescribed for patients diagnosed with cerebral palsy or stroke. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the gait biometrics market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Gait Biometrics Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive gait biometrics market growth during the next five years
  • Precise estimation of the gait biometrics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the gait biometrics industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gait biometrics market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Gait Biometrics Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9.35%

Market growth 2021-2025

$ 39.06 million

Market structure

Fragmented

YoY growth (%)

8.53

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 47%

Key consumer countries

US, UK, Germany, China, Canada, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BioSensics, Bodytech Australia Pty. Ltd., CIR Systems Inc., Gait Up, Innovative Sports Training Inc., mCube Inc., Motek Medical BV, Noraxon USA Inc., Qualisys AB, and Tekscan Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Healthcare - Market size and forecast 2020-2025
    • Sports - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • BioSensics
    • Bodytech Australia Pty. Ltd.
    • CIR Systems Inc.
    • Gait Up
    • Innovative Sports Training Inc.
    • mCube Inc.
    • Motek Medical BV
    • Noraxon USA Inc.
    • Qualisys AB
    • Tekscan Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The gait biometrics market growth will increase by $39.06 million during 2021-2025.
    The gait biometrics market is expected to grow at a CAGR of 9.35% during 2021-2025.
    Technavio has segmented the gait biometrics market by end user (Healthcare, Sports, and Others) and geographic (North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA).
    BioSensics, Bodytech Australia Pty. Ltd., CIR Systems Inc., Gait Up, Innovative Sports Training Inc., mCube Inc., Motek Medical BV, Noraxon USA Inc., Qualisys AB, Tekscan Inc. are a few of the key vendors in the gait biometrics market.
    North America will register the highest growth rate of 47.41% among the other regions. Therefore, the gait biometrics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    • US
    • UK
    • Germany
    • China
    • Canada
    • Japan
    The key factors driving the gait biometrics market growth are:
    • Growing p otential of gait biometrics for e lderly c are
    • Growing popularity of g ait authentication apps in smartphones
    The gait biometrics market vendors should focus on grabbing business opportunities from the healthcare segment as it accounted for the largest market share in the base year.
    Safe and Secure SSL Encrypted
    Technavio

    Single User:

    2500 USD

    Technavio Get the report (PDF) sent to your email within minutes.

    Subscribe & Save

    Get lifetime access to our
    Technavio Insights

    Want to customize this report?

    This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

    We offer $1000 worth of FREE customization at the time of purchase
    Technavio
    Enquire Before Buying
    1. Home
    2. Information Technology
    3. Published Report
    17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>