MarketsandMarkets Presents Walking Assist Devices Market worth $6.57 Billion by

The report "Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW) - Global Forecast to 2020“Walking Assist Devices Market Browse 108 market data Tables and 112 Figures spread through 168 Pages and in-depth TOC on "Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW) - Global Forecast to 2020"

The global walking assist device market is expected to reach USD 6.57 Billion by 2020, at a CAGR of 3.9% from 2015 to This report on the Global Market is analysed and segmented on the basis of product, and region. It analyzes the competitive developments, such as alliance, joint venture, and merger & acquisition of the global market. This market is also analyzed with an explicit focus on the high-growth applications and fastest-growing market segments. The walking assist device are generally used by the patients suffering from spinal cord injuries (SCI), hemiplegia and other types of paralysis, multiple sclerosis (MS), cerebral palsy (CP), amyotrophic lateral sclerosis (ALS), arthritis, and lower-limb amputations.

The market is broadly segmented on the basis of product and geography. Based on product, the global market is classified into gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters.The wheelchairs segment of the global walking assist device market is the largest and also the fastest growing segment. The rise in geriatric population across the globe and increase in the number of patients suffering from mobility impairment due to spinal cord injuries and paraplegia are some factors leading to growth of the wheelchairs segment of the global walking assist device market. The report provides a detailed analysis of the market for each region and country. Four major regions covered in the report are North America (the U.S., Canada, Mexico), Europe (Germany, France, Italy, Spain, U.K.,), and Asia-Pacific (Japan, China, India, Australia, Republic of Korea) and Rest of the World (RoW). A deep-dive analysis on pricing pattern, usage pattern, end user response matrix, market share, government initiatives, product recalls, new product launches, industry trends, and technological advancements has been detailed in the report.

This market is segmented and forecast on the basis of product, and geography. The product comprises of gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters. The market is further segmented and forecast on the basis of major geographies such as North America, Europe, Asia-pacific and Rest of the World (RoW). These major geographies are further sub-segmented into major countries. The global walking assist devices market was dominated by North America in The market in North America is growing due to rise in aging population and favorable reimbursement. The European market is growing due to the technological advancements and government support and along with increase in the spending capacity population.

Walking Assist Devices Market worth 6.57 Billion USD by

North America accounted for the largest share in the global walking assist device market in The walking assist device market in the North American region is mostly driven by factors, such as presence of supportive government policies, sophisticated healthcare infrastructure, and increasing geriatric population base. Europe is the fastest growing region in global walking assist device market in 2014 due to increase in technological advancements in the healthcare sector and development of new products that are equipped with gadgets. The report also covers the competitive landscape of global market by new product launches, recent developments, and mergers & acquisitions. The major players operating in this market are Honda Motor Co., Ltd., Permobil Inc., GF Health Products, Inc., Invacare Corporation, Besco Medical Co., LTD., Betterlifehealthcare Ltd., C.T.M. Homecare Product, Inc., Ottobock, Ossenberg GmbH, Pride Mobility Products Corp., Aetna Inc., Sunrise Medical (US) LLC, and Karma Healthcare Ltd., among others.

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