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Insights on the Walking Assist Devices Global Market to 2028 - Increasing Healthcare Expenditure is Driving Growth -

By Business Wire

Business Wire
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DUBLIN--(BUSINESS WIRE)--The "Global Walking Assist Devices Market 2022-2028" report has been added to's offering.

The global walking assist devices market is anticipated to grow at a significant CAGR of .4.1% during the forecast period. Increasing healthcare expenditure and funding by government for development of robots to improve health is significantly contributing in the walking assist devices market growth across the globe during the forecast period.

For instance, in April 2021, Panasonic Corporation has developed a mass production model of its Walk Training Robot that is designed to provide safe and efficient walk training for elderly citizens. Panasonic has engaged in the development and demonstration of AI-equipped walking training robots to enable the elderly with walking anxiety to regain the walking ability and extend healthy life. Additionally, the increased awareness of direct-to-consumer marketing is also supports towards the growth of walking assist devices market.

The global walking assist devices market is segmented based on the devices, and end-user. Based on the Devices, the market is segmented into walkers, crutches, wheelchairs, gaits belts & lift vests, and others. Based on, the End-User the market is sub-segmented into the hospital, and homecare.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is estimated to be the fastest growing region during the forecast period owing to increasing healthcare expenditure. Funding by the government for the development of robots and increasing healthcare expenditure are some of the major factors that are driving the growth of the walking assist devices market in the region.

The major companies serving the global walking assist devices market include Duracell, Inc., Energizer Holdings, Inc., Sony Corp., Tesla Inc., Toshiba Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market.

For instance, in December 2021, German Bionic announced the fifth generation of the award-winning Cray X. The smart German Bionic power suit will ship worldwide from early 2022 and be available for demonstration in Las Vegas during CES, January 5-8, 2022.

The Report Covers

  • Comprehensive research methodology of the global walking assist devices market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global walking assist devices market.
  • Insights about market determinants that are stimulating the global walking assist devices market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.2. BioXtreme Ltd.

3.2.1. Overview

3.2.2. Financial Analysis

3.2.3. SWOT Analysis

3.2.4. Recent Developments

3.3. Cadence Biomedical

3.3.1. Overview

3.3.2. Financial Analysis

3.3.3. SWOT Analysis

3.3.4. Recent Developments

3.4. Ekso Bionics

3.4.1. Overview

3.4.2. Financial Analysis

3.4.3. SWOT Analysis

3.4.4. Recent Developments

3.5. Hocoma AG

3.5.1. Overview

3.5.2. Financial Analysis

3.5.3. SWOT Analysis

3.5.4. Recent Developments

3.6. Karma Medical Products Co., LTD.

3.6.1. Overview

3.6.2. Financial Analysis

3.6.3. SWOT Analysis

3.6.4. Recent Developments

3.7. Key Strategy Analysis

3.8. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Walking Assist Devices Market by Devices

4.1.1. Walkers

4.1.2. Crutches

4.1.3. Wheelchairs

4.1.4. Gaits Belts & Lift Vests

4.1.5. Others

4.2. Global Walking Assist Devices Market by End-User

4.2.1. Hospital

4.2.2. Homecare

5. Regional Analysis

5.1. North America

5.1.1. US

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific

5.4. Rest of the World

6. Company Profiles

6.1. Aetna Inc.

6.2. AlterG, Inc.

6.3. Besco Medical Co., LTD.

6.4. Better Life Healthcare Ltd.

6.5. Bionik Laboratories Inc.

6.6. GF Health Products, Inc.

6.7. Honda Motor Co., Ltd.

6.8. Invacare Corp.

6.9. Murata Manufacturing Co., Ltd.

6.10. Ottobock SE & Co. KGaA

6.11. Pride Mobility Products Corp.

6.12. ReWalk Robotics Ltd.

6.13. Sunrise Medical (US) LLC

6.14. Tamachi Industries Co., Ltd.

6.15. Yaskawa Electric Corp.

For more information about this report visit

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470
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First published on Sat, Jul 9, 2022

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