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Elderly Walkers Market Trends

  • Report ID: GMI6191
  • Published Date: Jul 2023
  • Report Format: PDF

Elderly Walkers Market Trends

Short-term disabilities and medical emergencies, such as fractures, sprains, surgeries, or acute illnesses, can temporarily limit an individual's mobility and balance. During the recovery phase, walkers become crucial mobility aids that provide support, stability, and assistive features. Additionally, short-term disabilities or medical emergencies often have a temporary nature, where individuals experience mobility limitations for a limited period. In these cases, purchasing a walker becomes a practical solution compared to more permanent mobility aids or patient handling equipment such as wheelchairs. Walkers offer a cost-effective and adaptable option for individuals who require temporary support.
 

Moreover, medical emergencies may result in individuals requiring rehabilitation services or temporary stay in assisted living facilities. For instance, as per the data provided by the Centers for Disease Control and Prevention, around 36 million falls are recorded each year in the U.S. These facilities often provide walkers as part of their support and care services to aid in the recovery and mobility of their residents.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Global market for elderly walkers was valued at around USD 1.5 billion in 2022 and will reach over USD 2.7 billion by 2032, due to the increased demand for mobility aids among older adults.

The homecare segment is anticipated to reach over USD 1.2 billion in 2032, backed by product adoption to support activities of daily living (ADLs), independence and adaptability in home environment, and psychological well-being.

North America market was valued at USD 556 million in 2022 as the region has a well-developed healthcare infrastructure and robust insurance coverage systems, including Medicare in the U.S. and universal healthcare in Canada.

Medline Industries, Invacare Corporation, Briggs Healthcare, Vive Health, Topro USA, Sunrise Medical, and Foshan Better Medical Technology Co., Ltd. among others.

Elderly Walkers Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 593
  • Countries covered: 31
  • Pages: 220
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