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Pulished Date August, 2019
ID: 4896
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Europe Walking Assist Devices Market Research Report - Segmented By Product Type & By Country(UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Global Growth, Trends, And Forecast - (2019-2024)

Pulished: August, 2019
ID: 4896
Pages: 145

Europe Walking Assist Devices Market Size & Growth (2019 - 2024)

As per the research report, the size of the Europe Walking Assist Devices Market is valued at USD 1.52 billion in 2019 and is anticipated to reach USD 1.86 billion by 2024 at 4.09% CAGR during the forecast period 2019 to 2024.

Walking Assist Devices is a device designed to assist walking or otherwise improve the mobility of people with a mobility impairment. There are various walking aids which can help people with impaired ability to walk and wheelchairs or mobility scooters for more severe disability or longer journeys which would otherwise be undertaken on foot. For people who are blind or visually impaired the white cane and guide dog have a long history of use. Other aids can help with mobility or transfer within a building or where there are changes of level. Traditionally the phrase " Walking Assist Devices " has applied mainly to low technology mechanical devices. The term also appears in government documents, for example dealing with tax concessions of various kinds. It refers to those devices whose use enables a freedom of movement similar to that of unassisted walking or standing up from a chair.

The walking assist devices market growth is driven by the increase in the geriatric population, rise in the instances of debilitating neurological diseases & injuries, and technological advancements & product leasing that have led to the increase in usage of walking assist devices. Moreover, the rise in government initiatives to ensure the availability of walking assist devices to the geriatric population in order to meet the demand is anticipated to fuel the European walking assist devices market. However, the rise in the prevalence of neurological diseases is expected to boost the European market in the future. However, high costs associated with walking assist devices and some issues related to walking assist devices may hinder the European walking assist devices market growth.

This research report segmented and sub-segmented into the following categories:

  • By Product Type: Gait Belts and Lift Vests, Canes, Crutches, Walkers, Wheelchairs, Power Scooters
  • By Country: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe

The wheelchairs segment contributed the largest share in this market segment. The demand for the walking devices is increasing amongst the geriatric population mainly due to benefits, such as the provision of support, balance, and the subsequent ability to live independently. In addition, the demand for rehabilitation equipment is growing as a consequence of the significant role they play in bettering the lives of the physically-challenged.

The market in Europe held the second-largest share of the market due to the rising rates of obese population, as a result of driving the procedure growth. The market growth is due to technological advancements and government support and along with the rise in the spending capacity population.

Key players operating in the Europe Walking Assist Devices Market profiled in this report are Betterlife healthcare Ltd., Pride Mobility Products Corp., C.T.M. Homecare Product, Inc., Ottobock, Ossenberg GmbH, Honda Motor Co., Ltd., Permobil Inc., GF Health Products, Inc., Invacare Corporation, Besco Medical Co., LTD., Aetna Inc., Sunrise Medical LLC, and Karma Healthcare Ltd.

1.Introduction                                                  

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 Epidemology                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 Product Type                                             

                                5.1.1 Introduction                           

                                5.1.2 Gait Belts and Lift Vests                     

                                5.1.3 Canes                        

                                                5.1.3.1 Quad Canes        

                                                5.1.3.2 Folding Canes     

                                                5.1.3.3 Canes Market, By Product Type 

                                5.1.4 Crutches                  

                                5.1.5 Walkers                                    

                             5.1.5.1 Standard Walkers

                                                5.1.5.2 Rolling Walkers/Rollators              

                                                5.1.5.3 Hemi Walkers     

                                                5.1.5.4 Walkers Market, By Product Type

                                5.1.6 Wheelchairs                           

                                                5.1.6.1 Wheelchairs        

                                                5.1.6.2 Electric Wheelchairs        

                                                5.1.6.3 Wheelchairs Market, By Product Type    

                                                                5.1.6.3.1 Front Wheel Drive

                                                                5.1.6.3.2 Center Wheel Drive

                                                                5.1.6.3.3 Rear Wheel Drive

                                                                5.1.6.3.4 Standing Power Wheelchairs

                                                                5.1.6.3.5 Motorized/Electric Wheelchairs Market, By Product Type

                                             5.1.7  Power Scooters

                                                 5.1.7.1 Boot Scooters

                                                 5.1.7.2 Road Scooters   

                                                 5.1.7.3 Pavement Scooters        

                                                 5.1.7.4 Power Scooters Market, By Product Type            

                                5.1.8  Y-o-Y Growth Analysis, By Product Type                   

                                5.1.  Market Attractiveness Analysis, By Product Type                    

                                5.1.10  Market Share Analysis, By Product Type                 

6. Geographical Analysis                                                              

                6.1 Introduction                                               

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Product Type

                                6.1.4  Market Attractiveness Analysis                     

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Product Type

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Product Type

                6.2 U.K                                 

                6.3 Spain                                             

                6.4 Germany                                     

                6.5 Italy                                               

                6.6 France                                          

7.Strategic Analysis                                                        

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8.Market Leaders' Analysis                                                         

                8.1 Honda Motor Co. Ltd.                                            

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Permobil Inc.                                             

                8.3 GF Health Products Inc.                                         

                8.4 Invacare Corporation                                             

                8.5 Besco Medical Co. LTD.                                          

                8.6 Betterlifehealthcare Ltd.                                      

                8.7 C.T.M. Homecare Product Inc.                                           

                8.8 Ottobock                                     

                8.9 Ossenberg GmbH                                    

                8.10 Pride Mobility Products Corp.                                          

9.Competitive Landscape                                                            

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10.Market Outlook and Investment Opportunities                                                          

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Product Type and Region along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the Europe market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Europe Walking Assist Devices  Market By Product Type, From 2019-2024( USD Billion )
  2. Europe Gait Belts & Lift Vests Market By Region, From 2019-2024( USD Billion )
  3. Europe Canes, Crutches Market By Region, From 2019-2024( USD Billion )
  4. Europe Walker Market By Region, From 2019-2024( USD Billion )
  5. Europe Wheelchairs Market By Region, From 2019-2024( USD Billion )
  6. Europe Power Scooters Market By Region, From 2019-2024( USD Billion )
  7. U.K. Walking Assist Devices  Market By Product Type, From 2019-2024( USD Billion )
  8. Germany Walking Assist Devices  Market By Product Type, From 2019-2024( USD Billion )
  9. France Walking Assist Devices  Market By Product Type, From 2019-2024( USD Billion )
  10. Italy Walking Assist Devices  Market By Product Type, From 2019-2024( USD Billion )
  11. Spain Walking Assist Devices  Market By Product Type, From 2019-2024( USD Billion )

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