Gait Trainer Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4245
Gait Trainer Market size is projected to experience significant growth from 2019 to 2025.
A wheeled device that supports a person to walk properly is called gait trainer. Gait trainer is used by people who are learning or relearning to walk due to inability to walk independently. The device is helpful for both children and adults with physical disabilities. Features such as postural alignment, balance assistance and unweighting support are offered by gait trainers.
The increasing ageing population across the globe along with growing adoption of gait trainer for walk assisting patients will drive the global gait trainer market over the forecast period. The rising cases of stroke among adults is also expected to augment the global gait trainer market growth.
Rising cases of spinal injuries along with growing prevalence of chronic diseases will augment the demand for gait trainer market over the foreseeable future. Increasing cases of diseases such as Parkinson’s disease and cerebral palsy will enhance the global gait trainer market over the estimation period.
With the advancements in the walking aids technology, the demand for gait trainers will also rise. Introduction of technologically advanced gait trainers such as robotic assistive gait trainers and powered gait trainer system in the market have augmented the growth of the global gait trainer market. However, cost of gait trainers can hinder the market growth especially amongst price sensitive population of underdeveloped nations.
Manufacturers of gait trainers largely focus on developing nations such as India, Malaysia, Indonesia etc. due to huge patient population along with growing demand for gait trainers. Furthermore, growing number of rehabilitation facilities along with improving gait training therapies will further boost the demand for gait trainers. Abovementioned factors will drive the growth of global gait trainer market over the estimation period.
The U.S. is projected to account for the largest share by country in the global gait trainer market. The dominant share is due to increasing awareness towards walking aid devices, increasing spinal injuries, rising cases of osteoporosis, high disposable income and presence of key market players of gait trainer industry in the country. Moreover, growing demand for advanced products and therapies along with high healthcare expenditure is expected to augment the nation’s market growth over the forecast period.
China is anticipated to grow with a promising growth over the forecast period. The growth is attributed to increasing geriatric population, presence of advanced manufacturing facilities, rising cases of spinal injuries, improving healthcare expenditure and growing adoption for advanced technologies.
Alter G Inc., Biodex Medical Systems, Hocoma, ReWalk Robotics, Rex Bionics Ltd., Ekso Bionics, and Meyland Smith A/S are few of the prominent players in the global gait trainer market. For improving the market presence, these market players take several strategic initiatives such as technological advancements, partnerships, capacity expansion, mergers and innovative product launches.
Gait Trainer Market by Equipment, 2014-2025 (USD Million)
- Gait Trainer Walker
- Treadmill Systems
- Other Accessories
Gait Trainer Market by Age Category, 2014-2025 (USD Million)
Gait Trainer Market by End-use, 2014-2025 (USD Million)
- Homecare Settings
- Rehabilitation Centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Alter G Inc.
- Biodex Medical Systems
- ReWalk Robotics
- Rex Bionics Ltd.
- Ekso Bionics
- Meyland Smith A/S
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