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Assisted Walking Device Market By Product Type (Wheelchairs, Walkers, Crutches), By Technologies (Low Tech, Mid Tech, High Tech), By Application, And Segment Forecasts, 2016-2026

Assisted Walking Device Market By Product Type (Wheelchairs, Walkers, Crutches), By Technologies (Low Tech, Mid Tech, High Tech), By Application, And Segment Forecasts, 2016-2026

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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
The Global Assisted Walking Device Market is forecast to reach USD 2.14 Billion by 2026, according to a new report by Research Genics. The main focus of assisted walking devices is on assisting, rehabilitating, and adapting devices for individuals with a disability. It is with the help of assisted walking devices, individuals with disabilities are empowered to accomplish specific tasks that previously they were unable to perform. The major driving factor contributing to the global assisted walking device market is an increase in life expectancy and a rise in the geriatric population. This population is exposed to diseases like Rheumatoid Arthritis and other musculoskeletal issues. Hence, rise in geriatric population has a significant positive impact on the particular market.However, it is worth mentioning here that, factors like the high cost of assisted walking devices, high cost of maintenance of devices involving assistive technologies, mechanical issues associated with assisted walking devices are some of the restraints that may harm the market.

The rise in the rate of occurrence of disabling neurological diseases like Alzheimer and Parkinson’s disease has also contributed to the increasing demand for assisted walking devices. In addition to these factors, technological advancements are transforming assisted devices, which has also resulted in boosting the market. Initiatives are taken by the private and government institutions to promote the use of assisted devices and aids in helping physically challenged individuals to mobilize also catalyzing the global assisted walking device market.

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North America holds the largest market share in this market in 2018. The reason for North America to lead the market is a rise in the geriatric population along with technological advancements in the arena of assistive technologies made by the key players of the region. Apart from that different initiative taken by the private and government organizations providing various support services to individuals with disabilities, are some of the factors that have resulted in North America to lead the market.

Key players are continuously focusing on technological advancements for improving assistive technologies that can be incorporated in assisted walking devices. Such efforts would not only help in enhancing assistive walking devices but also help in making it readily available. Permobil Inc., Invacare Corporation, GF Health Products, Inc., Honda Motor Co., Ltd., Betterlifehealthcare Ltd., Besco Medical Co., Ottobock, C.T.M. Homecare Product, Inc., Pride Mobility Products Corp., Sunrise Medical (US) LLC, Aetna Inc., Ossenberg GmbH, Electric Mobility Euro Ltd.

The companies have focused on technological advancements to improve assistive technologies and assistive devices and come up with new developments in the market.Wheelchairs, Walkers, Crutches,Low Tech, Mid Tech, High Tech

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