Medical Walkers Market by Product and Geography - Forecast and Analysis 2021-2025
- Published: Feb 2021
- Pages: 120
- SKU: IRTNTR70245
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The medical walkers market size has the potential to grow by USD 461.94 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.53%.
This report provides a detailed analysis of the market by product (basic walkers and wheeled walkers), geography (North America, Europe, Asia, and ROW), and key vendors.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of Medical Walkers Market
Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Besco Medical Ltd.
- Better Medical Technology Co. Ltd.
- Carex Health Brands
- Drive DeVilbiss Healthcare
- FORTA SL
- GF Health Products Inc.
- Invacare Corp.
- National Seating & Mobility Inc.
- Orthos XXI
- Roma Medical
The medical walkers market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increase in the number of orthopedic diseases to achieve growth opportunities. However, factors such as high cost of advanced medical walkers will challenge the growth of the market participants. 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 medical walkers market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
This medical walkers market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Medical Walkers Market: Key Drivers and Trends
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Medical Walkers Market: Segmentation by Geography
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33% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for medical walkers in North America. Market growth in this region will be slower than the growth of the market in Asia and ROW.
The high adoption of mobility aid devices and increasing cases of orthopedic disorders are the prime factors that will facilitate the medical walkers 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.
Medical Walkers Market: Segmentation by Product
Request for a FREE sample and Get more information on the market contribution of various segments
The basic walkers segment will account for the largest share of the medical walkers market owing to factors such as low cost and the availability of a variety of products in this segment. Hence, the market segment will record a slow growth rate during the forecast period
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 medical walkers market size.
Medical Walkers Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive medical walkers market growth during the next five years
- Precise estimation of the medical walkers market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the medical walkers industry across North America, Europe, Asia, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of medical walkers market vendors
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Medical Walkers Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
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Market growth 2021-2025 |
$ 461.94 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.98 |
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Regional analysis |
North America, Europe, Asia, and ROW |
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Performing market contribution |
North America at 33% |
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Key consumer countries |
US, Germany, Japan, UK, France, and China |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Besco Medical Ltd., Better Medical Technology Co. Ltd., Carex Health Brands, Drive DeVilbiss Healthcare, FORTA SL, GF Health Products Inc., Invacare Corp., National Seating & Mobility Inc., Orthos XXI, and Roma Medical |
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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, |
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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. |
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Basic walkers - Market size and forecast 2020-2025
- Wheeled walkers - Market size and forecast 2020-2025
- Market opportunity by Product
- COVID-19 impact and recovery for product segment
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- Asia - Market size and forecast 2020-2025
- ROW - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Industry risks
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Besco Medical Ltd.
- Better Medical Technology Co. Ltd.
- Carex Health Brands
- Drive DeVilbiss Healthcare
- FORTA SL
- GF Health Products Inc.
- Invacare Corp.
- National Seating & Mobility Inc.
- Orthos XXI
- Roma Medical
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.
INFORMATION 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
DATA 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
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Germany
- Japan
- UK
- France
- China
- Increase in the number of orthopedic diseases
- Government and private organization initiatives
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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