Globally, the prevalence rate of obesity is excruciatingly expanding. Poor lifestyle choices and a disregard for physical health are to blame. According to the World Health Organization, obesity is one of the most important healthcare challenges in the world. This is why bariatric surgery has become more and more well-liked. Bariatric walking aids are advised by surgeons to aid healing. The global market for bariatric walking aids is anticipated to see more growth prospects due to this trend.
Data Bridge Market Research shows that the Bariatric Walking Aids Market accounted for USD 0.968 billion in 2022 and is expected to reach USD 1.4 billion by 2030. The market is expected to grow with a CAGR of 4.50% from 2023 to 2030.
"Innovation in Medicine Will Aid Growth"
Technology development has immensely benefitted medicine. Existing products on the world market will continue to advance during the coming years. Participants will think about improving the usability of their products. The emphasis will also be on bringing down the price of the products so that those in lower socioeconomic tiers can purchase them. These patterns suggest that the market for bariatric walking aids offers a wealth of economic prospects.
What restraints the growth of the Bariatric Walking Aids Market?
"Low Acceptance Levels Are Expected to Hamper the Market's Growth"
The low acceptance level due to social stigma is the major factor expected to challenge the bariatric walking aids market. Further, the lack of awareness in the developing and underdeveloped territories regarding bariatric walking aids also impacts the overall acceptance rate. In addition, high costs associated with the initial purchase also derail the acceptance rate.
Segmentation: Bariatric Walking Aids Market
The bariatric walking aids market is segmented on the basis of equipment and technology type.
- Based on equipment, the bariatric walking aids market is segmented into walking frames and rollators, walking stick/crutches, axillary stick/crutch, elbow stick/crutch, forearm stick/crutch, mobility scooters, canes, battery scooters, electronic scooters, wheelchairs.
- Based on technology type, the bariatric walking aids market is segmented into manual, automated.
Regional Insights: North America is expected to dominate the Bariatric Walking Aids Market
North America is expected to dominate the market because obesity is becoming more and more common in the nations in this region. Other factors influencing market expansion include the prevalence of advanced healthcare infrastructure and favorable reimbursement policies.
In addition, the Asia-Pacific region is likely to register the highest growth rate from 2023 to 2030 because of rising economic prosperity in developing nations such as South Korea, China, and India, linked to higher healthcare spending and a rise in the obesity rate.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-bariatric-walking-aids-market
The Prominent Key Players Operating in the Bariatric Walking Aids Market Include:
- Invacare Corporation (U.S.)
- Benmor Medical Ltd. (U.K.)
- Human Care Systems (U.S.)
- Briggs Healthcare (U.S.)
- Carex (U.S.)
- TOPRO (India)
- Hill-Rom Services, Inc (U.S.)
- Eurovema Mobility AB (Sweden)
- Pride Mobility Products Corp. (U.S.)
- Stryker (U.S.)
- Patterson Companies Inc. (U.S.)
- Evolution Technologies (Canada)
- GF Health Products, Inc. (U.S.)
- Karman Healthcare Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of bariatric walking aids market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Bariatric Walking Aids Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
