Market Overview:
The global knee walkers market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing prevalence of orthopedic injuries and rising geriatric population. In addition, growing awareness about the benefits of using knee walkers is also propelling the growth of this market. Based on type, the global knee walkers market has been segmented into premium knee walker, standard knee walker and economy knee Walker. The premium segment is expected to register highest CAGR during the forecast period owing to its features such as adjustable height and padded seat that provide comfort to users. Based on application, adult segment dominates the global Knee Walkers Market followed by kids’ segment in terms of value share in 2017; however, kids’ segment is projected to grow at a higher rate during 2018-2030 owing to increasing number of pediatric surgeries across globe .
Product Definition:
Knee walkers are devices used to help people who have difficulty walking. They provide support to the knee and allow the person to use their arms and hands to propel themselves forward. Knee walkers are important because they can help people who have difficulty walking regain some of their mobility.
Premium Knee Walker:
The global premium knee walker market size was valued at USD 1.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising geriatric population, which has a lower immunity level and is prone to various diseases such as arthritis, osteoporosis, & joint pain disorders; increasing cases of obesity across the globe due to sedentary lifestyle & unhealthy eating habits are some high impact rendering drivers for this market.
Standard Knee Walker:
The standard knee walker is a type of mobility aid that enables people with limited physical capabilities to move around easily. It is designed especially for people who are unable to walk long distances or stand and walk. Standard knee walkers are also known as manual wheelchair, push chair, portable crutches or walking stick.
It has two parallel bars connected by bent metal rods which provide leverage for stability and balance while walking.
Application Insights:
The adult application segment held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth owing to rising geriatric population and increasing number of hospitals & clinics-based rehabilitation centers. According to the United Nations, by 2022, there will be approximately 1 billion older people across the world, which is expected to drive demand for rehabilitation services globally.
The kid's application segment was valued over USD 100 million in 2017 and is projectededto grow at a CAGR of XX% from 2018 to 2030 due largely on increased government spending on healthcare along with growing awareness about knee walkers among parents globally since kids require smaller sized chairs as compared their elders for optimum results while undergoing physiotherapy or physical therapy at home after surgery or injury recuperation period thus driving global market growth during this phase especially in North America and Europe where pediatric healthcare system are relatively better than other parts of the world such as Asia Pacific.
Regional Analysis:
North America dominated the global knee walkers market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced medical devices, and favorable reimbursement policies are some factors driving the regional growth. For instance, Medicare Part A covers 80% of the total cost for a custom made orthopedic walker. In addition to this, growing demand for home based care facilities is also expected to drive growth over the forecast period.
Asia Pacific is expected to be one of fastest growing regions during the forecast period owing to increasing geriatric population and awareness about available treatment options among patients suffering from osteoarthritis or other joint problems such as rheumatoid arthritis or sprains & strains which can occur due to occupational hazards or accidents resulting in trauma injuries leading ultimately into chronic conditions requiring long term treatments such as knee replacement surgeries thus propelling an overall need for rehabilitation after surgery thus creating a huge opportunity for industry players seeking capital infusion.
Growth Factors:
- Increasing geriatric population: The global knee walkers market is expected to grow at a CAGR of 5.8% during the forecast period, owing to the increasing geriatric population. Knee walkers are extensively used by the elderly for rehabilitation and as an aid for walking.
- Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as arthritis, obesity, and diabetes is also anticipated to fuel the growth of the knee walkers market in the coming years.
- Technological advancements: The advent of technologically advanced knee walkers has revolutionized their design and functionality, which is likely to boost their demand in the near future. For instance, companies are now offering products with features such as adjustable height and weight capacity that cater to different user needs and preferences.
Scope Of The Report
Report Attributes
Report Details
Report Title
Knee Walkers Market Research Report
By Type
Premium Knee Walker, Standard Knee Walker, Economy Knee Walker
By Application
Adult, Kids
By Companies
Drive Medical, Nova Medical, Performance Health, Vitality Medical, Mercy Medical Equipment Company
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Knee Walkers Market Report Segments:
The global Knee Walkers market is segmented on the basis of:
Types
Premium Knee Walker, Standard Knee Walker, Economy Knee Walker
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
Adult, Kids
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:
- Drive Medical
- Nova Medical
- Performance Health
- Vitality Medical
- Mercy Medical Equipment Company
Highlights of The Knee Walkers 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:
- Premium Knee Walker
- Standard Knee Walker
- Economy Knee Walker
- By Application:
- Adult
- Kids
- 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 Knee Walkers 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:
- Correctly Positioning New 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?
Knee walkers are a type of mobility aid that help people with disabilities or chronic conditions walk. They typically have two large, metal tracks that the user walks on, and they can be folded up for easy transport.
Some of the key players operating in the knee walkers market are Drive Medical, Nova Medical, Performance Health, Vitality Medical, Mercy Medical Equipment Company.
The knee walkers market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Knee Walkers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Knee Walkers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Knee Walkers Market - Supply Chain
4.5. Global Knee Walkers Market Forecast
4.5.1. Knee Walkers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Knee Walkers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Knee Walkers Market Absolute $ Opportunity
5. Global Knee Walkers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Knee Walkers Market Size and Volume Forecast by Type
5.3.1. Premium Knee Walker
5.3.2. Standard Knee Walker
5.3.3. Economy Knee Walker
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Knee Walkers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Knee Walkers Market Size and Volume Forecast by Application
6.3.1. Adult
6.3.2. Kids
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Knee Walkers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Knee Walkers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Knee Walkers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Knee Walkers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Knee Walkers Demand Share Forecast, 2019-2026
9. North America Knee Walkers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Knee Walkers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Knee Walkers Market Size and Volume Forecast by Application
9.4.1. Adult
9.4.2. Kids
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Knee Walkers Market Size and Volume Forecast by Type
9.7.1. Premium Knee Walker
9.7.2. Standard Knee Walker
9.7.3. Economy Knee Walker
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Knee Walkers Demand Share Forecast, 2019-2026
10. Latin America Knee Walkers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Knee Walkers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Knee Walkers Market Size and Volume Forecast by Application
10.4.1. Adult
10.4.2. Kids
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Knee Walkers Market Size and Volume Forecast by Type
10.7.1. Premium Knee Walker
10.7.2. Standard Knee Walker
10.7.3. Economy Knee Walker
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Knee Walkers Demand Share Forecast, 2019-2026
11. Europe Knee Walkers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Knee Walkers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Knee Walkers Market Size and Volume Forecast by Application
11.4.1. Adult
11.4.2. Kids
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Knee Walkers Market Size and Volume Forecast by Type
11.7.1. Premium Knee Walker
11.7.2. Standard Knee Walker
11.7.3. Economy Knee Walker
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Knee Walkers Demand Share, 2019-2026
12. Asia Pacific Knee Walkers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Knee Walkers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Knee Walkers Market Size and Volume Forecast by Application
12.4.1. Adult
12.4.2. Kids
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Knee Walkers Market Size and Volume Forecast by Type
12.7.1. Premium Knee Walker
12.7.2. Standard Knee Walker
12.7.3. Economy Knee Walker
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Knee Walkers Demand Share, 2019-2026
13. Middle East & Africa Knee Walkers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Knee Walkers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Knee Walkers Market Size and Volume Forecast by Application
13.4.1. Adult
13.4.2. Kids
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Knee Walkers Market Size and Volume Forecast by Type
13.7.1. Premium Knee Walker
13.7.2. Standard Knee Walker
13.7.3. Economy Knee Walker
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Knee Walkers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Knee Walkers Market: Market Share Analysis
14.2. Knee Walkers Distributors and Customers
14.3. Knee Walkers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Drive Medical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nova Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Performance Health
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vitality Medical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mercy Medical Equipment Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
