PUNE, India, February 26, 2016 /PRNewswire/ --
According to a new market research report " Walking Assist Devices Market by Product Type (Gait Belts & Lift Vests, Canes, Crutches, Walker, Wheelchairs, Power Scooters), and Region (North America, Europe, Asia-Pacific and ROW) - Global Forecast to 2020", The global market is expected to reach USD 6.57 Billion by 2020, at a CAGR of 3.9% from 2015 to 2020.
Browse 108 market data Tables and 112 Figures spread through 168 Pages and in-depth TOC on "Walking Assist Devices Market"
Early buyers will receive 10% customization on this report.
The global Walking Assist Devices Market report defines and segments the walking assist devices market globally with analysis and forecast of revenue.
he global walking assist devices market growth is attributed to the rising aging population, increasing incidences of debilitating neurological diseases & injuries, and technological advancements & products leasing that have led to the increase in usage of walking assist devices.
The rise in elderly population and increasing technological advancements are some factors that have led to the growth of the global walking assist devices market. According to the World Health Organization (WHO), the global population in the age group of 60 years and above is expected to grow from 841 Million in 2013 to more than 2 Billion by 2050, which is more than double the population as of 2013.
This market is segmented and forecast on the basis of product, and geography. The product comprises of gaits belts and lift vests, canes, crutches, walkers, wheelchairs, and power scooters. The market is further segmented and forecast on the basis of major geographies such as North America, Europe, Asia-pacific and Rest of the World (RoW). These major geographies are further sub-segmented into major countries. The global walking assist devices market was dominated by North America in 2014.
The market in North America is growing due to rise in aging population and favorable reimbursement. The European market is growing due to the technological advancements and government support and along with increase in the spending capacity population.
Speak to our Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=24035174
This report also includes the market share, approach for arriving at the market size, new technology developments, product matrix, life cycle analysis, Porter's five forces analysis and price analysis by product. In this report, market metrics are also included such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide walking assist devices as a product.
The research study is aimed at identifying emerging trends and opportunities in the global walking assist devices market along with detailed classifications, in terms of revenue. It provides comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the global walking assist devices market, on the basis of product, and region.
Browse Related Reports:
Patient Monitoring Device/Equipment/System Market by Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Ultiparameter, Remote, Weight, Temperature), End-User (Hospitals, Home) - Global Forecast to 2020
Sleep Apnea Devices Market by Product, Diagnostic (PSG, Pulse Oximeter), Therapeutic [CPAP, APAP, BPAP, Masks (Full Face Mask), Oral Appliances (Mandibular Advancement Device)], End User (Home Care Settings, Hospitals) - Analysis & Global Forecasts to 2020
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/medical-devices
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets