Overview


According to FutureWise analysis, the market for Ambulatory Aids is expected to grow at a CAGR of 7.30% over the forecast period of 2023-2031.

Ambulatory devices, also called mobility devices, assist in transferring patients from one point to another. Ambulatory devices require the active participation of users during mobilization, while mobility devices require the passive involvement of users. Mobility devices are rollators, stretchers and wheelchairs. Mobile devices are used by people with neurological deficits, musculoskeletal impairments, and older people to be independent or decrease dependency on caregivers and healthcare providers. Ambulatory devices are orthotic devices used to support the augmentation of muscle action and reduce weight-bearing load, maintaining stability and balance to transfer individuals with walking difficulty from one point to another due to injury or disability. Many factors incline an individual to use ambulatory devices. These factors may be aging, congenital, or traumatic. Genetic factors include structural deformities at birth, while traumatic factors result from accidents.

Prescribing any ambulatory device should focus on the individual's goals, personal preferences, and daily mobility requirements, considering their function and clinically significant co-morbidities. Physiotherapists, and licensed professionals, assist with fitting and ensuring the proper use of ambulatory devices, while other health professionals can also recommend suitable devices. Proper fitting is essential, as ambulatory devices come in different heights, ensuring the user obtains the correct height for optimal use. Assessment should include home setting, community ambulation, navigating steps, or public transport.

FutureWise Market Research has published a report that provides an insightful analysis ambulatory aids market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.

According to the analysis conducted by FutureWise research analysts, ambulatory aids market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.

  • Sunrise Medical
  • Nova
  • Carex Health Brand Incorporation
  • TOPRO
  • Invacare
  • Drive Medical Design & Manufacturing
  • Sunrise Medical
  • Electric Mobility
  • Pride Mobility
  • Kaye Products
  • Briggs Healthcare
  • Patterson Medical
  • Graham-Field Health Products Incorporation
  • Eurovema AB

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent Developments in Ambulatory Aids Market:

  •  In July 2022, Cionic launched bionic clothing to help patients with walking difficulties arising from neurological conditions such as multiple sclerosis, Parkinson's, and cerebral palsy. 
  • In June 2022, CAN Mobilities developed the world's smartest walking cane to boost motion through data. The CAN Go is a highly comfortable, durable, and sleekly crafted cane hewn from aircraft-grade aluminum and sporting a soft, non-stick, non-slip grip for enhanced safety.

The increasing prevalence of ambulatory assistive devices, such as canes, crutches, and walkers, is expected to be a significant driver for the growth of the ambulatory aids market during the forecast period. Various factors contribute to this trend, including the aging population, a rise in mobility-related conditions such as arthritis and osteoporosis, and an emphasis on enhancing the quality of life for individuals with mobility impairments. Older individuals use ambulatory aids to prevent falls. These aids maintain walking ability and improve balance by increasing support base and lateral stability. They also reduce the load on the lower limbs, thereby enhancing balance. As the demand for these devices continues to surge, manufacturers will likely invest in research and development to create technologically advanced and user-friendly products. At the same time, healthcare providers and governments may increase accessibility and funding for these assistive aids, further propelling market expansion. Furthermore, the high cost of ambulatory aids poses a significant hindrance to adoption, particularly in developing countries. The cost-related hurdles restrict access to essential mobility devices for many needy individuals. Additionally, in remote areas, limited accessibility to healthcare facilities and specialized ambulatory aids further hinders market growth. As a result, people living in these regions may face difficulties obtaining the necessary assistive devices, impeding their mobility and overall quality of life.

By Product

  • Wheelchairs
  • Scooters
  • Mobility aids
  • Rollators
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered highest share in the market in 2022. Due to favorable government policies, a rise in the aging population, advanced healthcare infrastructure, technological advances in the region, and private institutions delivering various supportive services for the advantage of physically disabled individuals. According to the CDC and Prevention, in the U.S., 25% of the population, 56.4 million adults, suffer from arthritis, which is a significant reason for work impairment. The massive cases of arthritis in the U.S. drive the ambulatory aids market. In addition, players' acquisitions, investments, and product launch strategies are expected to drive market growth.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the Ambulatory Aids Market By Product and By Region.
  • To cater comprehensive insights on factors such as drivers, restraints, trends, opportunity, and additionally segmental and regional factors impacting market growth.
  • To evaluate current market trends and forecast micro-markets and the overall market projections which are represented in the format of data-sets and ppt.
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa. 
  • To provide information on competitors which includes landscape mapping, technological advancements, R&D spending, news concerning strategic alliances, and new product launches

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customisation offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

 

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Ambulatory Aids Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Ambulatory Aids Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Ambulatory Aids Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Ambulatory Aids Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Wheelchairs
        2. Scooters
        3. Mobility aids
        4. Rollators
        5. Others

  • 8.   North America Ambulatory Aids Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 9.   Latin America Ambulatory Aids Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2017-2022

  • 10.   Europe Ambulatory Aids Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.7. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 11.   Asia Pacific Ambulatory Aids Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 12.   Middle East and Africa Ambulatory Aids Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Saudi Arabia
         2.2. UAE
         2.3. South Africa
         2.4. Egypt
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 13.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 14.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Sunrise Medical
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Nova
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Carex Health Brand Incorporation
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. TOPRO
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Invacare
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Drive Medical Design & Manufacturing
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Sunrise Medical
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Electric Mobility
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Pride Mobility
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Kaye Products
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11. Briggs Healthcare
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12. Patterson Medical
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13. Graham-Field Health Products Incorporation
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview
        14. Eurovema AB
         14.1. Company Overview
         14.2. Product Portfolio
         14.3. SWOT Analysis
         14.4. Financial Overview
         14.5. Strategic Overview

  • 15.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 16.   FutureWise SME Key Takeaway Points for Client

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