Medical Walkers Market by Product and Geography - Forecast and Analysis 2021-2025

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

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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

There is a significant increase in the number of orthopedic conditions such as arthritis in the knee, hip, and lower extremities.  The above-mentioned issues are prevalent across the age spectrum among children, adults, and elderly people, which is fueling the need for mobility aid devices such as medical walkers.  Factors such as sudden disease outbreaks, short-term disabilities, medical emergencies and the rise in the number of surgical operations are also driving the demand for medical walkers.

Technological advances will be one of the key medical walkers market trends that will positively impact market growth during the forecast period. Several vendors in the market are focusing on introducing lightweight medical walkers with advanced features such as adjustable height, comfortable handgrips, and dual cross bars, to ensure easy mobility for the geriatric and bariatric population. With the increase in adoption of medical walkers, the manufacturers are pushed to offer more innovative solutions. Such technological advances in medical walkers will fuel the growth of the market during the forecast period.

 

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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

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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.

 

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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
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 5%
Market growth 2021-2025	$ 461.94 million
Market structure	Fragmented
YoY growth (%)	3.98
Regional analysis	North America, Europe, Asia, and ROW
Performing market contribution	North America at 33%
Key consumer countries	US, Germany, Japan, UK, France, and China
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
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
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.