The global assisted walking devices market was valued at USD 4 billion in 2022 and grew at a CAGR of 7% from 2023 to 2032. The market is expected to reach USD 7.86 billion by 2032. The increasing geriatric population will drive the growth of the global assisted walking devices market.
As the name suggests, assisted walking devices are equipment that aid the user in regaining their mobility. Assisted walking devices are primarily used to enable users to walk without anyone's help, which helps them to regain their independence. Assisted walking devices are also referred to as Ambulatory assistive devices. These devices fall under the category of durable medical devices. Assisted walking devices include a cane, crutches, walkers, and other orthotic devices. The users can vary from toddlers to elderly in the age group. Assisted walking devices help improve balance and, thereby, the safety of individuals who have lost partial control of their cognitive functions. These devices enable users to carry on their daily routine. Assisted walking devices like mobility walkers lessen the strain on knees and hips for the elderly or injured or disabled individuals. Assisted walking devices also offer joint protection for people with joint issues. Assisted walking devices increase people's independence, privacy, and dignity. Additionally, it aids individuals in making their own decisions and choices regarding their lives. Many assisted walking devices are offered with wheels for easy usage. For instance, Baby walkers improve newborns' gross motor abilities and give them a safe and controlled way to explore and engage with their surroundings. They reduce the risk of falls, Increase the capacity for walking and physical activities and improve balance. With technological advancements, automated and digital or electronic assisted walking devices with additional features have flooded the market, offering millions of patients a better quality of life.
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The increasing geriatric population – Lifestyle changes worldwide have led to a demographic shift wherein the proportion of the elderly population is increasing. The advancements in healthcare and public utilities have decreased death rates and increased the population's life expectancy, driving the rise in the geriatric population. The decreasing birth rates have also contributed to this trend. The cognitive functions or the ability to perform them decreases with age, giving rise to mobility issues. Furthermore, the increasing prevalence of neurological disorders among the elderly contributes to their restrictive mobility. The senior population needs assistance in their daily routine and activities; however, given the demographic changes and lifestyle preferences, they do not have family members who can help them 24/7. Assistance from family increases mental anguish, given the sense of burden and lack of independence it generates. Similarly, many individuals cannot afford professional assistance, given the high healthcare costs in most parts of the world. Therefore, assisted walking devices offer an ideal solution to their mobility issues. Therefore, the increasing geriatric population will drive the growth of the global assisted walking devices market.
The high cost of assisted walking devices – While some are relatively cheaper, several devices are costly and unaffordable for most of the population. Furthermore, with technological advancement, automated and digitized assisted walking devices have improved the quality of life for many, but they remain elusive for most, given their high costs. The lack of accessibility, given the low government spending on health, lack of insurance coverage, and low income, contributes to the alienation of many buyers. Therefore, the high cost of assisted walking devices will hamper the market's growth.
The increasing research and development – The increasing demand for assisted walking devices have led to the integration and development of novel technologies to improve the functions, features, accessibility and affordability of these devices. The increasing research and development have enabled the introduction of new devices that will enable new groups of people with restrictive mobility to regain movement and independence. The development of such technologies will offer patients with mobility disorders customized devices catering to their needs. Therefore, the increasing research and development will contribute to the global assisted walking devices market's growth in the forecast period.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global assisted walking devices market, with a 38% market revenue share in 2022.
The increasing geriatric population will drive the market's growth. Furthermore, the increasing incidence of neurological disorders will increase the demand for assisted walking devices. The increasing incidence and prevalence of muscle and skeletal disorders, accidents and traumas will also contribute to the market's growth. The presence of top market players driving innovations in the industry will offer lucrative opportunities for the market's growth. The increasing government healthcare expenditure and initiatives to offer universal health coverage will bode well for the regional market's growth.
North America Region Assisted Walking Devices Market Share in 2022 - 38%
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The product type segment is divided into canes, walkers, gait trainers, crutches and others. The walkers segment dominated the market, with a market share of around 45% in 2022. These devices provide support to maintain balance or stability when walking. A walker offers additional support, stability, and balance. The wheels make it easier for the walker or rollator to move around the ground and eliminate the need to pick it up off the floor. The most prevalent reason for using a walker or walking frame is owing to an age-related mobility limitation. Walkers are also designed for toddlers, which safely enable their free movement. It also helps injured individuals during their rehabilitation or recovery process. It enhances support, boosts safety, raises movement, and advances general well-being. There are different types of walkers, namely, standard, two-wheel and four-wheel.
|Market Size||Revenue (USD Billion)|
|Market size value in 2022||USD 4 Billion|
|Market size value in 2032||USD 7.86 Billion|
|CAGR (2023 to 2032)||7%|
|Region||The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East Africa. Furthermore, the regions are further analyzed at the country level.|
As per The Brainy Insights, the size of the global assisted walking devices market was valued at USD 4 billion in 2022 to USD 7.86 billion by 2032.
Global assisted walking devices market is growing at a CAGR of 7% during the forecast period 2023-2032.
The market's growth will be influenced by the increasing geriatric population.
The high cost of assisted walking devices could hamper the market growth.
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Product Type
4.3.2. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2.1. The increasing geriatric population
5.3.1. The high cost of Assisted Walking Devices
5.4.1. The increasing research and development
5.5.1. The lack of insurance coverage
6. Global Assisted Walking Devices Market Analysis and Forecast, By Product Type
6.1. Segment Overview
6.4. Gait trainers
7. Global Assisted Walking Devices Market Analysis and Forecast, By Regional Analysis
7.1. Segment Overview
7.2. North America
7.5. South America
7.6. Middle East and Africa
7.6.2. South Africa
8. Global Assisted Walking Devices Market-Competitive Landscape
8.2. Market Share of Key Players in the Assisted Walking Devices Market
8.2.1. Global Company Market Share
8.2.2. North America Company Market Share
8.2.3. Europe Company Market Share
8.2.4. APAC Company Market Share
8.3. Competitive Situations and Trends
8.3.1. Product Launches and Developments
8.3.2. Partnerships, Collaborations, and Agreements
8.3.3. Mergers & Acquisitions
9. Company Profiles
9.1. Besco Medical Co. Ltd.
9.1.1. Business Overview
9.1.2. Company Snapshot
9.1.3. Company Market Share Analysis
9.1.4. Company Product Portfolio
9.1.5. Recent Developments
9.1.6. SWOT Analysis
9.2. Better Life Healthcare Ltd.
9.2.1. Business Overview
9.2.2. Company Snapshot
9.2.3. Company Market Share Analysis
9.2.4. Company Product Portfolio
9.2.5. Recent Developments
9.2.6. SWOT Analysis
9.3. GF Health Products Inc.
9.3.1. Business Overview
9.3.2. Company Snapshot
9.3.3. Company Market Share Analysis
9.3.4. Company Product Portfolio
9.3.5. Recent Developments
9.3.6. SWOT Analysis
9.4. Homecare Product Inc.
9.4.1. Business Overview
9.4.2. Company Snapshot
9.4.3. Company Market Share Analysis
9.4.4. Company Product Portfolio
9.4.5. Recent Developments
9.4.6. SWOT Analysis
9.5. Honda Motor Co. Ltd.
9.5.1. Business Overview
9.5.2. Company Snapshot
9.5.3. Company Market Share Analysis
9.5.4. Company Product Portfolio
9.5.5. Recent Developments
9.5.6. SWOT Analysis
9.6. Invacare Corporation
9.6.1. Business Overview
9.6.2. Company Snapshot
9.6.3. Company Market Share Analysis
9.6.4. Company Product Portfolio
9.6.5. Recent Developments
9.6.6. SWOT Analysis
9.7. Karma Healthcare Ltd.
9.7.1. Business Overview
9.7.2. Company Snapshot
9.7.3. Company Market Share Analysis
9.7.4. Company Product Portfolio
9.7.5. Recent Developments
9.7.6. SWOT Analysis
9.8. Ossenberg GmbH
9.8.1. Business Overview
9.8.2. Company Snapshot
9.8.3. Company Market Share Analysis
9.8.4. Company Product Portfolio
9.8.5. Recent Developments
9.8.6. SWOT Analysis
9.9. Permobil Inc.
9.9.1. Business Overview
9.9.2. Company Snapshot
9.9.3. Company Market Share Analysis
9.9.4. Company Product Portfolio
9.9.5. Recent Developments
9.9.6. SWOT Analysis
9.10. Sunrise Medical LLC
9.10.1. Business Overview
9.10.2. Company Snapshot
9.10.3. Company Market Share Analysis
9.10.4. Company Product Portfolio
9.10.5. Recent Developments
9.10.6. SWOT Analysis
List of Table
1. Global Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
2. Global Canes Assisted Walking Devices Market, By Region, 2019-2032 (USD Billion)
3. Global Walkers Assisted Walking Devices Market, By Region, 2019-2032 (USD Billion)
4. Global Gait Trainers Assisted Walking Devices Market, By Region, 2019-2032 (USD Billion)
5. Global Crutches Assisted Walking Devices Market, By Region, 2019-2032 (USD Billion)
6. Global Others Assisted Walking Devices Market, By Region, 2019-2032 (USD Billion)
7. Global Assisted Walking Devices Market, By Region, 2019-2032 (USD Billion)
8. North America Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
9. U.S. Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
10. Canada Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
11. Mexico Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
12. Europe Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
13. Germany Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
14. France Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
15. U.K. Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
16. Italy Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
17. Spain Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
18. Asia Pacific Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
19. Japan Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
20. China Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
21. India Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
22. South America Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
23. Brazil Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
24. Middle East and Africa Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
25. UAE Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
26. South Africa Assisted Walking Devices Market, By Product Type, 2019-2032 (USD Billion)
List of Figures
1. Global Assisted Walking Devices Market Segmentation
2. Assisted Walking Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Assisted Walking Devices Market Attractiveness Analysis by Product Type
9. Global Assisted Walking Devices Market Attractiveness Analysis by Region
10. Global Assisted Walking Devices Market: Dynamics
11. Global Assisted Walking Devices Market Share by Product Type (2022 & 2032)
12. Global Assisted Walking Devices Market Share by Regions (2022 & 2032)
13. Global Assisted Walking Devices Market Share by Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global assisted walking devices market based on below mentioned segments:
Global Assisted Walking Devices Market by Product Type:
Global Assisted Walking Devices Market by Region:
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