According to the latest market study released by Technavio, the global medical mobility aids market is expected to grow at a CAGR of more than 4% during the forecast period.
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Technavio has published a new report on the global medical mobility aids market from 2017-2021. (Graphic: Business Wire)
This research report titled 'Global Medical Mobility Aids Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This report also includes an up to date analysis and forecasts for various market segments and all geographical regions.
"Healthcare facilities which comprise diagnostic, clinical, and hospital-based services are undergoing a paradigm shift from a supply-based system to a demand-based system. This is because of the growing demand from patients for quality healthcare. Technological advancement in products that ease human effort is always in high demand, leading to a higher adoption rate, which augurs well for the growth of the market during the forecast period," says Srinivas Sashidhar, a lead analyst at Technavio for orthopedics and medical devices research.
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The market research analysis categorizes the global medical mobility aids market into five major product segments. They are:
- Wheelchairs
- Walkers
- Rollators
- Crutches
- Stretchers
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Wheelchairs
The wheelchair, a medical mobility aid, is a chair mounted on wheels with a propeller to provide mobility to individuals who are unable to walk because of some illness or temporary or permanent physical disability. Wheelchairs are widely used by end-users such as clinics, hospitals, home care settings, and emergency care providers. The home care setting is the key market enabler for this product segment, due to the high adoption rate among the elderly population.
"Among the various products included in this segment, the self-propelled and attendant-propelled wheelchairs are most commonly used due to their cost-effectiveness and ease of operation. Manual wheelchairs have witnessed positive demand in the recent years, due to growing market trends such as the use of medical mobility aids in sports and by long-term disabled individuals," says Srinivas.
Walkers
Walkers are the most stable walking aids. They are waist-high metal frames of free standing nature with three or four legs for support to the user. It is used to transfer the load or the body weight of the user to the ground through the grips on the metal frame and these legs. Walkers are the second-largest contributors to the global medical mobility aids market, due to their increasing product penetration.
Crutches
Crutches are mobility aid devices used to support individuals who cannot put their body weight on their lower limbs because of injuries or due to some disability (short-term or long-term). The crutch is commonly used for the transfer of weight to the upper body and provide an individual the required mobility. The clinical crutches are preferably used in healthcare facilities such as hospitals, clinics, and patient care centers to provide mobility during the pre-treatment or post-treatment phases of inpatients.
Stretchers
Stretchers or prams are medical mobility aidsused for the departmental transfer of patients or general transfer of patients who require medical assistance. Various types of stretchers are used for medical assistance. In the healthcare sector, stretchers are segmented into motorized and non-motorized. Based on application, the hospital stretchers are further segmented into fixed, adjustable, bariatric, radiographic, and others.
Rollators
A rollator or clinical rollator is like a walker and is a mobility product used to provide the required mobility to individuals. The geriatric population, with temporary or permanent disabilities, and the bariatric population are the major end-users who use the product for assisted mobility during their hospital stay or for home-based applications. Based on the structural configuration and the required mobility functions, the clinical rollators are classified into three types, namely 3-wheel rollators, 4-wheel rollators, and bariatric rollators.
The top vendors highlighted by Technavio's market research analysts in this report are:
- Invacare
- Sunrise Medical
- Stryker
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