Market Overview:
The global foldable walker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing geriatric population and rising prevalence of chronic diseases. Additionally, the growing demand for technologically advanced foldable walkers is also contributing to the growth of this market. Based on type, the global foldable walker market can be segmented into three rounds, four rounds, and others. The three rounds segment is expected to account for a major share of this market in 2018 owing to its low price and easy maneuverability. Based on application, the global foldable walker market can be divided into online and offline segments.
Product Definition:
A foldable walker is a walking aid that helps people with mobility issues to walk more easily. It typically consists of two or four metal legs that unfold to support the user's weight, and a handlebar that allows the user to hold on for balance. Foldable walkers are important for helping people with mobility issues maintain their independence and get around easily.
Three Rounds:
Three rounds is a term used for the process of folding an object using only three movements. It's most commonly used in reference to cell phones and other electronic devices. The three-round method is considered to be easier than two-round methods as it requires fewer steps, thus making it more user friendly. This method also helps in saving space as the device can be easily stored or transported due to its compact size.
Four Rounds:
The four rounds are the basic functionalities of a foldable walker. It can be used as a walking stick, cane, and crutches. The product is manufactured using lightweight materials such as aluminum and carbon fiber which makes it easy to carry around for people who have difficulties in moving around.
It has an adjustable height mechanism that allows users to adjust the seat so that they can sit or stand on it with ease.
Application Insights:
The offline application segment dominated the global market in 2017. Offline applications include hospitals, rehabilitation centers and clinics, elderly care homes, and medical offices. The growing geriatric population across the world is expected to drive demand for these products in the offline settings.
The online application segment is expected to witness significant growth over the forecast period owing to rising healthcare expenditure by various governments as well as private organizations in order to improve accessibility of healthcare services particularly for rural areas with less infrastructure support. Furthermore, increasing internet users globally coupled with rising disposable income levels are anticipated to fuel demand over the forecast period. Foldable walkers can be used by patients who have difficulty walking due both their mobility impairment and disability condition along with other limitations that they face due lack of stamina or strength caused due either physical injuries or diseases such as Parkinson¢â‚¬â„¢s disease etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing product visibility, rising geriatric population, and high healthcare expenditure in the U.S., which has resulted in a greater adoption of foldable walkers by patients and their families for home use or hospital visits.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to growing demand from Japan, China, India, Singapore among other countries due to an aging population with chronic diseases such as arthritis or Parkinson’s disease that require mobility scooters or wheelchairs but do not allow them access into narrow doorways easily; henceforth adopt foldable walkers for short-term assistance until a permanent solution is needed replacing their conventional wheelchairs/scooters. Moreover it provides convenience during travel especially when traveling alone rather than having someone else along assisting with baggage handling etc.
Growth Factors:
- Increasing geriatric population: The global foldable walker market is expected to grow at a CAGR of 5.8% during the forecast period, owing to the increasing geriatric population. As people age, they are more likely to experience mobility issues, which can be addressed with the help of a foldable walker.
- Rising prevalence of chronic diseases: The rise in chronic diseases such as arthritis and Parkinson’s disease is also anticipated to fuel demand for foldable walkers over the forecast period. These conditions can cause difficulty in walking and using traditional walkers, thus driving demand for foldable models.
- Technological advancements: Recent technological advancements have led to the development of new and innovative foldable walkers that are easier to use and provide better stability than traditional models. This is expected to boost adoption rates over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Foldable Walker Market Research Report
By Type
Three Rounds, Four Rounds, Others
By Application
Online, Offline
By Companies
Apex Health Care, HERDEGEN, Medpack Swiss Group, Merits Health Products, AMG Medical, Chinesport, Ergo Agil, Jiangsu Yuyue Medical Equipment & Supply, Lapastilla Soluciones Integrales SL, Roma Medical Aids, Sunrise Medical, Bischoff & Bischoff, Dr. Med, GIRALDIN G. & C., Medcare Manufacturing, Meyra - Ortopedia, ORTHOS XXI, Primus Medical, Revolution Sante, United Surgical, AADCO Medical, Axis Medical and Rehabilitation, Besco Medical, Brecknell, Breg, Briggs Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Foldable Walker Market Report Segments:
The global Foldable Walker market is segmented on the basis of:
Types
Three Rounds, Four Rounds, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apex Health Care
- HERDEGEN
- Medpack Swiss Group
- Merits Health Products
- AMG Medical
- Chinesport
- Ergo Agil
- Jiangsu Yuyue Medical Equipment & Supply
- Lapastilla Soluciones Integrales SL
- Roma Medical Aids
- Sunrise Medical
- Bischoff & Bischoff
- Dr. Med
- GIRALDIN G. & C.
- Medcare Manufacturing
- Meyra - Ortopedia
- ORTHOS XXI
- Primus Medical
- Revolution Sante
- United Surgical
- AADCO Medical
- Axis Medical and Rehabilitation
- Besco Medical
- Brecknell
- Breg
- Briggs Healthcare
Highlights of The Foldable Walker Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Three Rounds
- Four Rounds
- Others
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foldable Walker Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Foldable Walker is a type of mobility aid that helps people with disabilities or chronic conditions to remain independent and mobile. It is a lightweight, foldable device that can be easily transported and stored.
Some of the major players in the foldable walker market are Apex Health Care, HERDEGEN, Medpack Swiss Group, Merits Health Products, AMG Medical, Chinesport, Ergo Agil, Jiangsu Yuyue Medical Equipment & Supply, Lapastilla Soluciones Integrales SL, Roma Medical Aids, Sunrise Medical, Bischoff & Bischoff, Dr. Med, GIRALDIN G. & C., Medcare Manufacturing, Meyra - Ortopedia, ORTHOS XXI, Primus Medical, Revolution Sante, United Surgical, AADCO Medical, Axis Medical and Rehabilitation, Besco Medical, Brecknell, Breg, Briggs Healthcare.
The foldable walker market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foldable Walker Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Foldable Walker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foldable Walker Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Foldable Walker Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Foldable Walker Market Size & Forecast, 2018-2028
4.5.1 Foldable Walker Market Size and Y-o-Y Growth
4.5.2 Foldable Walker Market Absolute $ Opportunity
Chapter 5 Global Foldable Walker Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Foldable Walker Market Size Forecast by Type
5.2.1 Three Rounds
5.2.2 Four Rounds
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Foldable Walker Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Foldable Walker Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foldable Walker Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Foldable Walker Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Foldable Walker Analysis and Forecast
9.1 Introduction
9.2 North America Foldable Walker Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Foldable Walker Market Size Forecast by Type
9.6.1 Three Rounds
9.6.2 Four Rounds
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Foldable Walker Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Foldable Walker Analysis and Forecast
10.1 Introduction
10.2 Europe Foldable Walker Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Foldable Walker Market Size Forecast by Type
10.6.1 Three Rounds
10.6.2 Four Rounds
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Foldable Walker Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Foldable Walker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Foldable Walker Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Foldable Walker Market Size Forecast by Type
11.6.1 Three Rounds
11.6.2 Four Rounds
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Foldable Walker Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Foldable Walker Analysis and Forecast
12.1 Introduction
12.2 Latin America Foldable Walker Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Foldable Walker Market Size Forecast by Type
12.6.1 Three Rounds
12.6.2 Four Rounds
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Foldable Walker Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Foldable Walker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Foldable Walker Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Foldable Walker Market Size Forecast by Type
13.6.1 Three Rounds
13.6.2 Four Rounds
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Foldable Walker Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Foldable Walker Market: Competitive Dashboard
14.2 Global Foldable Walker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apex Health Care
14.3.2 HERDEGEN
14.3.3 Medpack Swiss Group
14.3.4 Merits Health Products
14.3.5 AMG Medical
14.3.6 Chinesport
14.3.7 Ergo Agil
14.3.8 Jiangsu Yuyue Medical Equipment & Supply
14.3.9 Lapastilla Soluciones Integrales SL
14.3.10 Roma Medical Aids
14.3.11 Sunrise Medical
14.3.12 Bischoff & Bischoff
14.3.13 Dr. Med
14.3.14 GIRALDIN G. & C.
14.3.15 Medcare Manufacturing
14.3.16 Meyra - Ortopedia
14.3.17 ORTHOS XXI
14.3.18 Primus Medical
14.3.19 Revolution Sante
14.3.20 United Surgical
14.3.21 AADCO Medical
14.3.22 Axis Medical and Rehabilitation
14.3.23 Besco Medical
14.3.24 Brecknell
14.3.25 Breg
14.3.26 Briggs Healthcare
