"Rising Aging Population is Increasing the Demand for Gait Trainer Market"
Globally, the gait trainer market is expected to grow with a CAGR of 6.2% during the forecast period from 2019 to 2027, and was recorded to have a market value of US$ 303.0 Mn in 2018. A gait trainer is the device, which are used to support a person or a patient who is not capable to walk independently. These devices allow an individual to walk safely and efficiently which is a part of gait training. Gait trainers are developed to improve the walking ability of children or adults who has physical disabilities. These devices provide unweighting support and postural alignment, which allows the patient to walk properly and healthily by allowing an individual to stand and bear weight in a supported and safe position.
One of the major factor which is driving the global gait trainer market is increasing aged population which are suffers from spinal injuries and strokes which affects the ability of a patient to walk leading to increase the demand for gait trainer. These devices are increasingly being used in rehabilitation centers and home care settings as they provide support for improving mobility, and improve physical control. Thus, increasing demand for home healthcare is driving the growth of gait trainer market. Furthermore, increasing government support to increase the adoption of gait trainers in all the healthcare organizations, and growing expansion of many emerging and established players in this market is also enhancing the existing market size of gait trainers.
Market Synopsis
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"Gait Trainer with Gait Trainer Walker its Type Segment Continue Dominating the Market"
In 2018, the overall gait trainer market was led by the gait trainer walker segment in its type segment contributing to more than 25.0% of market share of the total revenue generated globally in 2018. The gait trainer walker allows the patient and infants to maintain their balance and help them to walk. These walkers also safe the patient from falling that increases their demand. Increasing prevalence of aging population is the major factor driving the demand for rehabilitation and support services that enhances the adoption of gait trainer walker, globally.
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"North America Dominates the Market by Region"
The global gait trainer market is led by North America with a market share of more than 35.0% in 2018, due to rapid growth in aging population, and increasing investment in home healthcare in the US and Canada. Moreover, the increasing population in the region and increasing accidents also increases the demand for these devices; leading contributes in the growth of the market. The US accounts the largest market share due to advancement in the technology and rising awareness about the walker among the users.
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Some of the prominent players operating in the gait trainer market includes Rifton Equipment, Medical Depot, Inc. (Drive Medical), Otto Bock Inc., Ekso Bionics, Hocoma AG, Rex Bionics Ltd., ReWalk Robotics, Alter G Inc., medica Medizintechnik GmbH, Meyland Smith A/S, and Biodex Medical Systems.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The gait trainer market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global gait trainer market based on type, application, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Million |
| Segmentation |
Type Segment (2017–2027; US$ Mn)
• Gait Trainer Walker
• Adult
• Pediatric
• Treadmill System
• Exoskeleton
|
|
Application Segment (2017–2027; US$ Mn)
• Hospitals
• Rehabilitation Center
• Homecare Setting
|
|
Geography Segment (2017–2027; US$ Mn)
• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)
|
Key questions answered in this report
- What was the market size of gait trainer in 2018 and forecast up to 2027?
- Which is the largest regional market submersible gait trainer walker in type?
- What are the major trends followed in gait trainer market across different regions?
- Who is the key gait trainer companies leading the market?
- What are the key strategies adopted by the leading gait trainer companies in market?
Unique data points of this report
- Statistics on gait trainer penetration and spending worldwide
- Recent trends across different regions in terms of adoption of gait trainer for various applications.
- Notable developments going on in gait trainer market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
