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The Europe Walking Aids Market would witness market growth of 6.1% CAGR during the forecast period (2019-2025).
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Due to various key factors, the demand for walking aid has risen in the global market for walking aid. Among the main factors, expanded geriatric population, increasing prevalence of Parkinson’s and arthritis, legislative policies and a beneficial reimbursement framework are projected to drive the walking aid market over the forecast period. In addition, the growing number of road accidents is another factor driving the product’s demand.
Elderly people tend to fall very often and this fall may result in various damages to different body parts, like hip, pelvis, spine, and femur fractures. Such losses impair their ability to mobilize quickly. Falling is known to be the second leading cause of unintentional injury or accidental death worldwide. Approximately 424,000 people die every year due to falls.
These factors are projected to increase the demand for walking aids in the global walking aid market over the years to come. The rate of use of these devices is projected to increase as a result of the favorable refund schemes provided by various organizations. The report included walking aid in its category of sustainable medical equipment and is projected to raise the demand for waking aid in the market. In addition, an increasing number of geriatric populations are estimated to lead to the growth of the walking aids market.
Based on Type, the market is segmented into Rollators, Walkers and Others. Based on Rollators Type, the market is segmented into Premium and Low Cost. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Benmor Medical Ltd., Human Care AB, Briggs Healthcare Corporation, Compass Health Brands Corporation (Carex Health Brands), Eurovema Mobility AB, Topro Industrie AS, Evolution Technology, Inc., GF Health Products, Inc., and Karman Healthcare.
Scope of the Study
By Rollators Type
- Low Cost
- Rest of Europe
- Invacare Corporation
- Benmor Medical Ltd.
- Human Care AB
- Briggs Healthcare Corporation
- Compass Health Brands Corporation (Carex Health Brands)
- Eurovema Mobility AB
- Topro Industrie AS
- Evolution Technology, Inc.
- GF Health Products, Inc.
- Karman Healthcare
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