Recent report published by a research nester titled “Ambulatory Aids Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global ambulatory aids market in terms of market segmentation by product type and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The ambulatory aids are used to provide support to the physically disabled population. These devices come with various feature which enables easy motion of the body parts. The global ambulatory aids market can be segmented on the basis of product type and region. On the basis of product type it is segmented into wheelchairs, scooters, mobility aids, rollators and others .
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The wheelchairs are of two types including manual and power. The rollators sub-segment is expected to be the largest sub-segment on the account of its effective carrying capacity. The rollators are equipped with features which enhances the easy motion of the heavy weight people. Additionally, the premium rollators are also constructed with soft seat which enables better seating experience for the geriatric population. The other walking aids such as canes, walkers, crutches are anticipated to observe extensive increase in the demand during the forecast period.
The global ambulatory aids market is anticipated to expand at a significant CAGR during 2018-2027. The growing geriatric population and increasing occurrence of the various diseases such as Parkinson’s disease and arthritis is expected to upsurge the market growth of the global ambulatory aids market.
By region, global ambulatory aids market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is expected to be the largest region for the global ambulatory aids market. The presence of the booming healthcare infrastructure in the region is anticipated to be the major reason for the growth of the global ambulatory aids market during the forecast period.
The growing rate of chronic disease in the region is also another reason for the increasing demand for the ambulatory aids in the region. Asia-Pacific is anticipated to be the fastest developing region for the global ambulatory aids market. The growing aged population and rising per capita income of the population is anticipated to boost the global ambulatory aids market during the forecast period.
Increasing government initiatives is anticipated to boost the demand for the ambulatory devices
The government is providing employment and extra funding to physically disabled population. The Indian government is providing annual financial support especially to physically disabled people in order to buy essential equipment and machinery for them.
The rising prevalence of the chronic disease in the ageing population is anticipated to increase the market growth of the global ambulatory aids market
The rising number of the chronic diseases such as arthritis and Parkinson disease among the growing population is the major factor anticipated to increase the demand for the ambulatory aids. The poor eating habits among the population are anticipated be the major cause for the generation of various chronic diseases and indirectly fuel the market growth of the ambulatory aids market worldwide.
This report also provides the existing competitive scenario of some of the key players of the global ambulatory aids which includes company profiling of key companies such as Sunrise Medical, Nova, Carex Health Brand Incorporation, TOPRO, Invacare, Drive Medical Design & Manufacturing, Sunrise Medical, Electric Mobility Pride mobility, Kaye Products, Briggs Healthcare, Patterson Medical, Graham-Field Health Products Incorporation and Eurovema AB.
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The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global mercury market that is expected to help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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