[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) |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
| 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
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.
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).
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.
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.
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.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
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.
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 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.
| 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 |
In 2022, the global market for gait trainers is set to be valued at USD 342.7 Million.
The Japan gait trainer market accounts for 7% of the global market share.
As per these gait trainer market insights, the industry is predicted to progress at a CAGR of 4.9% over the decade.
Gait trainer sales are predicted to rake in revenue worth USD 456.3 Million by 2028.
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.
| Estimated Size, 2024 | USD 2,399.3 million |
|---|---|
| Projected Size, 2034 | USD 3,908.2 million |
| Value-based CAGR (2024 to 2034) | 5.0% |
| Market Value for 2023 | USD 742.0 million |
|---|---|
| Market Value for 2033 | USD 1,361.90 million |
| CAGR of Market for 2023 to 2033 | 6.3% |
Explore Therapeutic Device Insights
View Reports
Gait Trainer Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
