Market Overview

Global Medical Walkers Market 2018-2022 | Rise in the Number of Orthopedic Diseases to Drive Demand | Technavio

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The global medical walkers market 2018-2022 is expected to post a CAGR
of around 5% during the forecast period, according to the latest market
research report by Technavio.

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Technavio has published a new market research report on the global medical walkers market from 2018- ...

Technavio has published a new market research report on the global medical walkers market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is an increase in the
number of orthopedic diseases. Factors such as sudden disease outbreaks,
medical emergencies, short-term disabilities, and the rise in the number
of surgical operations are further driving the market. Many companies
are introducing new types of media walkers based on the age of the
individuals. These companies are specially designing walkers to assist
the children who have walking-related problems by birth or those with
juvenile rheumatoid arthritis. For instance, Roma Medical's colored
pediatric walking frame is specially designed for the pediatric
population.

This market research report on the global
medical walkers market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the increase in the number of
mergers and acquisitions as one of the key emerging trends in the global
medical walkers market:

Global medical walkers market: Increase in the
number of mergers and acquisitions

Growth strategies such as mergers and acquisitions help companies expand
their business activities and market reach. Owing to the increase in the
demand for advanced mobility and devices such as advanced medical
walkers, vendors are focusing on manufacturing more user-friendly media
walkers, which require a high initial cost.

"In order to utilize the available technologies properly, vendors are
entering into mergers and acquisitions, which will also give them
required financial resources, expertise, and distribution networks. For
instance, in October 2016, Drive Medical Canada, a subsidiary of Drive
DeVilbiss Healthcare acquired the mobility and bathroom safety business
of A.M.G Medical. In November 2014, ATI Physical Therapy acquired Spinal
& Orthopedic Rehabilitation, Michigan, which helped it improve its
services,"
says a senior analyst at Technavio for research on
orthopedics and medical devices.

Global medical walkers market: Segmentation
analysis

This market research report segments the global medical walkers market
by product (basic walkers and wheeled walkers) and geographical regions
(APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of 42%, followed
by APAC and EMEA respectively. The dominance of the Americas can be
attributed to the high adoption of mobility aid devices by the hospitals
and home care facilities in the region. The US, Canada, and Brazil are
the main revenue contributors to the market in the Americas, owing to
the high prevalence rate of orthopedic diseases and high disposable
incomes of the people in these countries.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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