Global Gait Trainer Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
Gait trainers are used for physically disabled patients to improve walking ability. A gait trainer offers both unweighting support (make walking and standing easier and more comfortable) and postural alignment to enable gait practice.
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Growing incidences of spinal injuries and rising technological advancements in healthcare industry are key drivers for the growth of Gait Trainer market. For instance, according to the National Spinal Cord Injury Association, as of 2020 approximately 450,000 people in the United States are living with a spinal cord injury (SCI) and every year, an estimated 17,000 new SCIs occur in the U.S. Furthermore, Centers for Diseases Control and Prevention (CDC), Spinal Cord Injury costs the nation an estimated USD 9.7 billion each year. Also, with the increasing geriatric population and rising healthcare expenditure, the adoption & demand for Gait Trainer is likely to increase the market growth during the forecast period. However, high product cost and supply chain disruption due to pandemic impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Gait Trainer Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing geriatric population and surging healthcare expenditure in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising geriatric population and growing healthcare infrastructure in the region would create lucrative growth prospects for the Gait Trainer market across Asia-Pacific region.
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Major market player included in this report are:
Meyland Smith A/S Pvt Ltd.
medica Medizintechnik GmbH Pvt Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Gait Trainers for Rehabilitation Centers
Gait Trainers for Home Care Settings
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Furthermore, years considered for the study are as follows:
Target Audience of the Global Gait Trainer Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
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The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
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