A walker is a mobility aid that provides stability and support when walking. Crutches and canes are less stable than walkers. They have a broad base of support that provides stability from side to side and front to rear. For younger toddlers, exceptional pediatric walkers are also available. Wheeled or non-wheeled walkers are available. A wheeled walker is known as a rollator. Walker help with balance and lower the risk of falls, provide support when muscles are weak, limit weight bearing on the lower body, help patients move safely if they have reduced feeling or control in legs or feet.
MARKET SCOPE
The "Global Medical Walkers Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical walkers market with detailed market segmentation by type, and geography. The report provides key statistics on the market status of the leading medical walkers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of material type, the market is segmented into standard walker and wheeled walkers. Wheeled walkers subsegmented as two-wheel walker, three-wheel walker, and four-wheel walker.
MARKET DYNAMICS
Drivers:
- Growing Number of Short Term Disabilities and Orthopedic Diseases.
- Rising Medical Emergencies.
- Growing elderly population
Restraints:
- High Cost of Medical Walkers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medical walkers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical walkers market in these regions.
IMPACT OF COVID-19 ON MEDICAL WALKERS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Medical walkers market is moderately affected due to COVID-19.
MARKET PLAYERS
The report covers key developments in the medical walkers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medical walkers market are anticipated to lucrative growth opportunities in the future with the rising demand for medical walkers in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical walkers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Drive DeVilbiss Healthcare
- FORTA SL
- Roma Medical
- Invacare Corporation
- Carex Health Brands, Inc.,
- Sunrise Medical Laboratories, Inc.
- Drive medical design and manufacturing, Inc.
- Electric mobility Euro Ltd.
- Briggs Healthcare Corporation
- Besco Medical Ltd.