Gait Trainer Market

Gait Trainer Market Overview

[372 Pages Report] The global Gait Trainer Market is predicted to exhibit progression at a modest CAGR of 4.9% over the forecast period. The market is set to hold a net worth of USD 342.7 Million in 2022 and rise to an estimated valuation of USD 456.3 Million by the end of 2028, as per the latest industry analysis by Future Market Insights.

In 2021, the exoskeleton market was worth USD 4.1 Billion, of which contribution of gait trainer sales was 8%. Gait trainer walkers for cerebral palsy have gained impetus over the past few years as the incidence of cerebral palsy has risen significantly.

Attribute	Details
Gait Trainer Market Size (2022)	USD 342.7 Million
Projected Market Value (2028)	USD 456.3 Million
Global Market Growth Rate (2022 to 2028)	4.9% CAGR
Dominant Regional Market (2022)	North America (32% Share)

How The Market Progressed Till June 2022?

Particulars	Details
H1, 2021	4.87%
H1, 2022 Projected	4.89%
H1, 2022 Outlook	3.49%
BPS Change - H1, 2022 (O) - H1, 2022 (P)	(-) 140 ↓
BPS Change - H1, 2022 (O) - H1, 2021	(-) 138 ↓

Gait trainer walkers for cerebral palsy have gained impetus over the past few years as the incidence of cerebral palsy has risen significantly. Furthermore, the gait trainer market is under influence of advancements in custom orthotic footwear product subject to macro and industry factors. Key developments in the market include development of robotic exoskeleton for lower body rehabilitation in many developed countries.

However, comparative analysis and market growth rate of gait trainer market projects that H1-2022 outlook period in comparison to H1-2022 projected period will show a negative growth rate by 140 BPS, and, in H1-2022, the market growth rate of gait trainer is expected to fall by 138 Basis Point Share (BPS) when compared to H1-2021, as per FMI analysis.

Gait trainer products come with significant drawbacks which include the need for product personalization for each user, as well as the non-compliant hardware sensitivity of gait trainer products for stroke patients.

Thus, personalization in design for every patient is a cost incurring factor and manufacturers need associative funding to develop and design customer satisfactory insoles, rendering the process as time consuming. These factors would therefore decelerate the BPS value change for the overall gait trainers market

Demand Analysis of Gait Trainers (2013 to 2021) Vs Market Forecast Metrics (2022 to 2028)

Healthcare has become an area of prime concern across the world, and this is due to rising diseases and health disorders over the past few years. The world has seen substantial rise in spinal injuries, which has led to walking disabilities increasing.

Assistive walking technologies and products such as gait trainers and exoskeletons have been developed to help individuals walk and learn to get on their feet. These products are now becoming more popular than ever as their effectiveness is being realized. Gait training aids in faster control, better mobility, and increases accessibility without the risk of collapsing and hurting oneself.

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Sales of gait trainer walkers for adults are expected to see a prominent rise over the forecast period as instances of Parkinson’s disease and cerebral palsy rise.

Gait trainer walkers for toddlers and children are also expected to see a rise in demand as their popularity increases. Increasing geriatric population, rising spinal injuries, and technological advancements in the healthcare industry are some of the major factors driving demand for gait trainers.

The market for gait trainer treadmills and walkers is anticipated to rise at a CAGR of 4.9% over the forecast period (2022 to 2028).

Which Regions Should Gait Trainer Manufacturers Keep a Close Eye on?

This research details the global gait trainer landscape across North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).

The North American gait trainer market is expected to have a bright outlook over the forecast period. The gait trainer market in North America currently accounts for 32% of the global market share. Increasing instances of spinal injuries and rising healthcare expenditure are major factors driving demand for gait trainers in the region.

Sales of gait trainers in Europe account for 32.2% of the global market share. Rising adoption of gait training equipment in Europe is fuelled by increased awareness via government initiatives, as these gait trainers become an essential part of the healthcare system.

East Asia, South Asia, and the Pacific regions are expected to offer a lot of lucrative opportunities for gait trainer suppliers over the next few years. Growth in these regions is crucially driven by developing and emerging economies such as India, Indonesia, Malaysia, etc., who have a developing healthcare infrastructure.

The market for gait trainers in the MEA region is expected to rise at a steady CAGR over the forecast period, and currently holds 3.6% of the global market share. Sales of gait training devices treadmills are expected to rise as the healthcare infrastructure in the region develops and adoption of gait trainers increases.

Gait Trainer Market Country-wise Analysis

How is Demand for Gait Trainers Shaping Up in the USA?

The USA has one of the most sought-after healthcare infrastructure, and this has made the nation a very opportune market for all types of healthcare products and services. The nation has seen a significant rise in instances of spinal injuries, Parkinson’s disease, and cerebral palsy, which all affect the walking ability of an individual.

Gait trainers have proven to aid in walking and treating walking disabilities by providing support and enhancing mobility as well. Increasing healthcare expenditure in the USA is expected to ramp up gait trainer sales in the nation.

Are Sales of Gait Trainers Expected to Increase Substantially in Japan?

Japan is dealing with a rising geriatric population and has become one of the most lucrative markets for all sorts of healthcare products and services. The nation is expected to prove to be a very lucrative market for gait trainer providers as it has a huge geriatric population that is more at risk to be affected by diseases such as Parkinson’s.

The eldercare market in Japan provides a very lucrative opportunity for gait trainer walkers for adults, and especially adults affected by cerebral palsy. Japan accounts for 7% sales of gait trainers in the global market, and is expected to exhibit steady growth over the forecast period as well.

Gait Trainer Market Category-wise Analysis

Which End-use Industry is Anticipated to See a Rise in Use of Gait Trainers?

Gait trainers are largely used in rehabilitation programs for individuals with walking disabilities and deformities. A dominant stake of demand for gait trainers comes from hospitals traditionally, but this trend is expected to change over the next few years as demand from home care settings and rehabilitation centers picks up.

Demand for gait trainers is anticipated to subsequently ramp up in parallel with the number of rehabilitation centers being established increases globally. Demand for automated gait trainers is expected to be significant in home care settings.

Gait Trainer Market COVID-19 Crisis Impact

The COVID-19 pandemic of 2020 revolutionized the healthcare industry in a way that was never expected and generated a general sense of health awareness across the globe which was a trend that was shaping up over the past few years.

Focus on healthcare has grown exponentially especially in the COVID-19 pandemic and this is expected to propel the demand for healthcare services and products.

The pandemic affected the healthcare industry largely and in 2020 and created a surge of demand for many medical products. The pandemic adversely affected the gait trainer industry as the sales saw a drop due to disruptions to the manufacturing and supply aspects of the business.

Consumption of gait trainers is expected to gain impetus in the post-pandemic era as government initiatives increase awareness and promote adoption of gait training equipment.

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.

Gait Trainer Industry Report Scope

Attribute	Details
Forecast Period	2022 to 2028
Historical Data Available for	2013 to 2021
Market Analysis	USD Million for Value, Units for Volume
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa (MEA)
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, India, Indonesia, Malaysia, Singapore, Australia, New Zealand, Turkey, South Africa, GCC Countries
Key Market Segments Covered	Product Type, End User, Region
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)
Pricing	Available upon Request

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)

Frequently Asked Questions

What is the gait trainer market worth in 2022?

In 2022, the global market for gait trainers is set to be valued at USD 342.7 Million.

What market share is held by Japan in the global gait trainer space?

The Japan gait trainer market accounts for 7% of the global market share.

What is the predicted CAGR for gait trainer demand growth?

As per these gait trainer market insights, the industry is predicted to progress at a CAGR of 4.9% over the decade.

What is the sales forecast for gait trainers through 2028?

Gait trainer sales are predicted to rake in revenue worth USD 456.3 Million by 2028.

Which key players are profiled in this gait trainer industry analysis?

Prime manufacturers of gait trainers are Biodex Medical Systems, medica Medizintechnik GmbH, ReWalk Robotics, Alter G Inc., Rex Bionics Ltd., Ekso Bionics, Hocoma AG, Otto Bock Inc., and Rifton Equipment, and have been profiled in this gait trainer market survey.