The Walking Assist Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Walking Assist Devices Market?
The global market for walking assist devices has seen robust growth in the past years. The market size is expected to increase from $6.24 billion in 2024 to $6.75 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Walking Assist Devices Industry?
The Walking Assist Devices Global Market is anticipated to expand to a size of $9.11 billion in 2029, with a compound annual growth rate (CAGR) of 7.8%.
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What are the Key Growth Drivers Fueling the Walking Assist Devices Market?
The key drivers in the Walking Assist Devices market are:
• Rising cases of rheumatoid arthritis
• Increasing geriatric and elderly population
• Rising incidence of mobility-limiting conditions
• Increasing focus on personalization of devices
Global Market Segmentation: Identifying Major Walking Assist Devices Industry Segments
The walking assist devices market covered in this report is segmented –
1) By Product Type: Gait Belt And Lift Vest, Cane, Crutch, Walker, Wheelchair, Power Scooter
2) By Age Group: Geriatric, Adults
3) By Distribution Channel: Online, Offline
4) By End-User: Hospitals, Homecare, Other End-Users
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What are the Emerging Trends Shaping the Future of the Walking Assist Devices Market?
The key trends in the Walking Assist Devices market are:
• The market for walking assist devices will see significant influence from innovative advancements in robotic walking aids.
• Growing innovations in smart adaptation are emerging as a key trend.
• Artificial Intelligence and Machine Learning advancements are shaping the future of the walking assist devices market.
• There will be increased focus on wearable and smart technology integration, as well as advancements in personalized design.
Who Are the Top Competitors & Leading Players in the Walking Assist Devices Market?
Major companies in the Walking Assist Devices market are:
• Honda Motor Co Ltd
• Comfort Company
• Ottobock SE & Co. KGaA
• Invacare Corporation
• BIOBASE Group
• Permobil
• Sunrise Medical
• Drive DeVilbiss Healthcare
• Pride Mobility Products Corp
• Etac AB
• Besco Medical Limited
• GF Health Products Inc
• LEVO AG
• Ossenberg GmbH
• Bischoff & Bischoff
• Cobi Rehab
• CHINESPORT S.p.a.
• MEYRA GmbH
• Eurovema Mobility AB
• Mikirad
Regional Dominance: Which Area Leads the Global Walking Assist Devices Market?
North America was the largest region in the walking assist devices market in 2024
