The global gait trainer market is projected to grow at a CAGR of 4.9% during the forecast period, with its valuation increasing from USD 342.7 million in 2022 to an estimated USD 456.3 million by 2028, according to the latest analysis by Future Market Insights. This growth is attributed to the increasing prevalence of cerebral palsy and heightened demand for advanced rehabilitation solutions.
In 2021, the global exoskeleton market was valued at USD 4.1 billion, with gait trainer sales accounting for 8% of the total. Gait trainer walkers, particularly those designed for individuals with cerebral palsy, have gained significant traction in recent years as awareness around specialized rehabilitation devices continues to grow. These devices are pivotal in enhancing mobility and improving quality of life for individuals with neuromuscular conditions.
The market’s progression is further bolstered by advancements in assistive technology, including innovative designs that ensure greater stability, adaptability, and user comfort. As healthcare systems across the globe prioritize inclusive care for mobility-impaired individuals, the adoption of gait trainers is expected to grow, particularly in pediatric and geriatric populations.
A Full Report Analysis – https://www.futuremarketinsights.com/reports/gait-trainer-market
Key Takeaways:
- Modest Growth: The gait trainer market is anticipated to expand from USD 342.7 million in 2022 to USD 456.3 million by 2028, at a CAGR of 4.9%.
- Cerebral Palsy Focus: Increasing cases of cerebral palsy have driven demand for specialized gait trainer walkers.
- Exoskeleton Synergy: Gait trainers accounted for 8% of the USD 4.1 billion exoskeleton market in 2021, indicating their growing importance in the broader mobility assistance landscape.
- Technology Advancements: Innovations in stability, adaptability, and comfort are fueling market adoption, particularly in pediatric and geriatric rehabilitation.
The gait trainer market is set to play a crucial role in enhancing rehabilitation outcomes, paving the way for a more inclusive approach to mobility assistance worldwide.
Growth Drivers
- Rising Incidence of Cerebral Palsy: There has been a significant increase in the incidence of cerebral palsy, leading to greater demand for gait trainer walkers specifically designed for affected individuals.
- Aging Population: The increasing geriatric population, which is more prone to mobility issues, is driving demand for gait trainers as these devices assist in rehabilitation and improve mobility.
- Technological Advancements: Innovations in gait training technology, including the development of robotic and customizable gait trainers, are enhancing the effectiveness and appeal of these devices.
- Increased Awareness and Adoption: Growing awareness about the benefits of gait trainers in rehabilitation settings is contributing to their increased adoption among healthcare providers and patients.
Gait Trainer Market Competitive Landscape
Gait trainer manufacturers are focusing on developing new and affordable products that would cater to a larger customer base. The manufacturers of gait trainers are also focusing on reducing the costs and complexities associated with the use of gait trainers. As demand for automated gait trainers ramps up, manufacturers are expected to launch new products to boost their sales across the world.
- In March 2021, the USA FDA (Food and Drug Administration) announced the authorization of marketing of a new device that would aid in the treatment of multiple sclerosis (MS) which is a very common neurological disease among young adults. The Portable Neuromodulation Stimulator (PoNS) device would be a short-term treatment for gait deficit which is a result of mild symptoms of the aforementioned MS.
- In May 2021, Ekso Bionics Holdings Inc., an industry-leading name in the medical exoskeleton technology industry announced the expansion of its partnership with Kindred Healthcare LLC. Through this expansion of partnership, Ekso brings Kindred’s EskoNR to four major hospitals in the U.S.
Key Companies Profiled
Meyland Smith A/S; Biodex Medical Systems; medica Medizintechnik GmbH; ReWalk Robotics; Alter G Inc.; Rex Bionics Ltd.; Ekso Bionics; Hocoma AG; Otto Bock Inc.; Rifton Equipment; Medical Depot Inc. (Drive Medical)
Key Segments Covered in Gait Trainer Industry Survey
Gait Trainer Market by Product Type:
- Gait Trainer Walkers
- Adult
- Pediatric
- Exoskeletons
- Treadmill Systems
Gait Trainer Market by End User:
- Gait Trainers for Hospitals
- Gait Trainers for Rehabilitation Centers
- Gait Trainers for Home Care Settings
Gait Trainer Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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