Walking Aids Market Expected to Achieve 6.5% CAGR by 2029: Growth Forecast Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts

How Large Will the Walking Aids Market Size By 2025?
The market size for walking aids has experienced significant growth in the past few years. It is projected to increase from $3.03 billion in 2024 to $3.25 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. Factors contributing to growth during the historical period include the aging population, the common occurrence of musculoskeletal disorders, educational awareness, developments in healthcare infrastructure, rehabilitation programs, government-led initiatives, and evolving lifestyles.

How Big Is the Walking Aids Market Size Expected to Grow by 2029?
Over the coming years, the market for walking aids is predicted to witness robust expansion. The market is forecasted to reach $4.18 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%. This estimated growth during the forecast period is primarily because of an increase in chronic illnesses, urbanization and ease of access, active aging patterns, global health issues, supportive policies and economic development. The forecasted period will likely see significant trends such as creative product designs, intersection of smart technologies, a surge in customization alternatives, focus on lightweight materials, and the inclusion of telehealth services.

View the full report here:
https://www.thebusinessresearchcompany.com/report/walking-aids-global-market-report

Which Key Market Drivers Powering Walking Aids Market Expansion and Growth?
The walking aid market is forecasted to expand due to the high rate of physical disabilities. Physical disabilities, which significantly restrict one or more vital life activities due to a physical ailment, are prevalent. Walking aids can provide mobility, stability, and independence to those suffering from physical disabilities. For example, in March 2023, the Switzerland-based World Health Organization anticipates that roughly 16% of the world's population, equivalent to 1.3 billion people or one in every six individuals, will experience significant disabilities. Thus, the high occurrence of physical disabilities is stimulating the growth of the walking aid market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13952&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Walking Aids Market?
Leading brands in the walking aids market are focusing on the production of high-tech items such as precision-controlled rollators to improve stability and safety. These mobility aids incorporate sophisticated braking and steering systems, providing increased control, stability and safety for individuals who require assistance with walking or balance. For example, in May 2024, the American medical equipment manufacturer, Drive Medical, launched a product named Nitro Sprint. This rollator is fitted with special precision-control functions to enhance the safety and mobility of users who struggle with balance or strength. It also features unique patent-protected elements such as a sturdy Euro-style frame supporting up to 350 pounds, a re-engineered braking mechanism for swift part replacements, and a custom slowdown brake for better control over sloped or challenging terrain. It also offers a widened backrest with a viewing window, an integrated accessory mount, and a multi-functional storage bag with three setup options, further enhancing its functionality and reliability.

What Are the Emerging Segments in the Walking Aids Market?
The walking aids market covered in this report is segmented -

1) By Product Type: Crutches, Canes, Walkers, Rollators, Other Products
2) By Technology: Automated, Manual
3) By End-User: Hospitals And Clinics, Home Care Settings, Other End Users

Subsegments:
1) By Crutches: Axillary Crutches, Forearm Crutches, Platform Crutches
2) By Canes: Standard Canes, Quad Canes, Folding Canes, Seat Canes
3) By Walkers: Standard Walkers, Wheeled Walkers, Rollator Walkers
4) By Rollators: Three-Wheeled Rollators, Four-Wheeled Rollators, Heavy-Duty Rollators
5) By Other Products: Walking Frames, Gait Trainers, Knee Walkers

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13952&type=smp

Who Are the Global Leaders in the Walking Aids Market?
Major companies operating in the walking aids market report are Cardinal Health Inc., Hill-Rom Holdings Inc., OttoBock Healthcare GmbH, Invacare Corporation, Numotion LLC, Permobil AB, Sunrise Medical LLC, Pride Mobility Products Corporation, Etac Ab, Golden Technologies, Direct Healthcare Group Ltd., Graham-field Health Products Inc., Küschall, Vermeiren Group, Medical Depot Inc., Levo AG, Merits Health Products Co. Ltd., Nova Medical Products Inc., Meyra GmbH, Medline Industries LP, Human Care HC AB, Karman Healthcare Inc., Timago, Besco Medical Limited, TOPRO Industri AS, Bischoff & Bischoff

Which are the Top Profitable Regional Markets for the Walking Aids Industry?
North America was the largest region in the walking aids market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the walking aids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13952

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.