The Walking Aids Industry in North America, Forecast to 2025 - Anticipating a CAGR of 5.1% Over the Forecast Period
DUBLIN, April 3, 2020 /PRNewswire/ -- The "North America Walking Aids Market, by Type, by Rollators Type, by Country, Industry Analysis and Forecast, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
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The North America Walking Aids Market is expected to witness market growth of 5.1% CAGR during the forecast period (2019-2025).
According to figures released by the World Bank in 2019, about 15% of the world's population and 20 to 25% of the aging population are presently suffering from some form of disability and are anticipated to increase in the future. Enhanced accessibility and increased social acceptance are also described as the driving factors for this market.
In addition, the presence of disabled people in the workforce by walking aids and an increase in the number of obese people is also assumed to boost the market demand for walking aids. There is an increasing demand for more efficient, sustainable, and cost-effective walking aid in the market. Nevertheless, the emergence of a demand for refurbished products and price pressures can be a significant restraining factor in the growth of the overall market.
The walking aid market is set to enlarge even further over the estimation years. Advances in medical care, as well as increased care for people with disabilities in general, can also explain the continued rise in coverage. Enhanced safety from walking aid can also be associated with the growth of the sector.
Until very recently, there were very little efforts to prevent people with disabilities from selling walking aids. It meant that many individuals had purchased aids that were not fit for purpose or that were unsuitable to the needs of the person. Nevertheless, the government has intervened and, following an official investigation by the Fair Trading Office, the market is now heavily regulated.
The market research report covers the analysis of key stakeholders 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.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Walking Aids Market, by Type
1.4.2 North America Walking Aids Market, by Rollators Type
1.4.3 North America Walking Aids Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Walking Aids Market by Type
3.1 North America Rollators Market by Country
3.1.1 North America Walking Aids Market by Rollators Type
3.1.1.1 North America Premium Market by Country
3.1.1.2 North America Low cost Market by Country
3.2 North America Walkers Market by Country
3.3 North America Other Walking Aids Market by Country
Chapter 4. North America Walking Aids Market by Country
4.1 US Walking Aids Market
4.1.1 US Walking Aids Market by Type
4.1.1.1 US Walking Aids Market by Rollators Type
4.2 Canada Walking Aids Market
4.3 Mexico Walking Aids Market
4.4 Rest of North America Walking Aids Market
Chapter 5. Company Profiles
5.1 Invacare Corporation
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expense
5.2 Benmor Medical Ltd.
5.3 Human Care AB
5.4 Briggs Healthcare Corporation
5.5 Compass Health Brands Corporation (Carex Health Brands)
5.6 Eurovema Mobility AB
5.7 Topro Industri AS
5.8 Evolution Technology, Inc.
5.9 GF Health Products, Inc.
5.1 Karman Healthcare
For more information about this report visit https://www.researchandmarkets.com/r/jdbuk6
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