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Gait Trainer Market Size to Grow at a CAGR of 5.8% During the Forecast Period 2021-2026

(Medical-NewsWire.com, September 23, 2021 ) Gait Trainer Market size was estimated at $412 Million in 2020, projected to grow at a CAGR of 5.8% during the forecast period 2021-2026. Gait Trainer industry has witnessed huge demand owing to rise in the incidence of Parkinson's disease and cerebral palsy, as well as an increase in the number of spinal injuries globally. Gait training is a type of physical therapy that helps people develop their ability to stand and walk. Conventional physiotherapy is the treatment of movement problems caused by impairments of joints and the muscles that move the joints. Gait trainers are similar to walkers, but they have enough support to assist people who are unable to stand or walk without assistance. This enables them to walk independently, allowing them to discover their surroundings without relying on others. Gait trainers are devices that aid in the development of walking skills in children and adults with physical disabilities. Motor dysfunction caused by a medical condition in a child, such as cerebral palsy, spina bifida, or other developmental disorders. Walking disorder is caused by a later accident or disease, such as a traumatic brain injury, incomplete spinal cord injury, or stroke. Conventional physiotherapy is known to be cost effective and offers long term benefits for movement in the effected joint and pain relief.



Gait Trainer Market Segment Analysis – By Product Type

When it comes to assistive mobility devices for people with disabilities including Cerebral Palsy, based on Product Type, Gait Trainer Market is segmented into Gait Trainer Walker, Treadmill System, Exoskeleton and Accessories. Gait Trainer Walker segment is accounted for the largest revenue market share in 2020 owing to its extensive usage in rehabilitation and clinical environments with a wide range of features. These features cater to various degrees of mobility disability in a person caused by various reasons such as cerebral palsy, Muscle sclerosis, stroke and others. According to data published by Public Health England, 2018 had a prevalence of multiple sclerosis of some 190 cases per 100,000 people. Exoskeleton segment is poised to grow with the fastest CAGR of 6.2% in the forecast period 2021-2026 owing to rising adoption of exoskeletons in industries such as construction and automobiles. The growing importance of exoskeletons in military operations, where they aid wounded soldiers and enable them to lift heavy items, is also propelling the global market. Furthermore, the segment is being driven by manufacturers' increasing emphasis on the advancement of smart technology to assist patients.



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Gait Trainer Market Segment Analysis – By Category

Based on Category, Gait Trainer Market is segmented in to Pediatric and Adult. Adult Gait Trainer segment has accounted for largest revenue market share in 2020 owing to the growing worldwide elderly population and being a significant contributor of adult category segment growth in manual Gait Trainer market growth. Disability in geriatric population owing to age related issues like stiffness in knee, hip, ankle, arthritis, and other factors like brain stroke are driving the market for adult manual Gait Trainer. According to CDC, stroke is the leading cause of long term disability and it reduces the mobility in more than half of stroke survivors aged 65 and above. According to National Institute of Neurological Disorders and Stroke (NINDS), stroke is the most common cause of adult disability where, every year around 795,000 Americans have stroke and 160,000 individuals dye from stroke. Pediatric segment is poised to grow with the fastest CAGR of 6.5% in the forecast period 2021-2026 owing to increasing number of disorders in children such as cerebral palsy and muscular dystrophy. In order to promote, enhance or restore fitness, physical therapists are using physical therapy, diagnosis, physical intervention and recovery. In addition, according to CDC, the most common motor disorder of childhood is called cerebral paralysis According to its recent population-based studies, the prevalence of CP is ranging from 1 to 4 for every 1000 births.



Gait Trainer Market Segment Analysis – By Geography

Based on Geography, North America Gait Trainer Market accounted for the 40% revenue share in 2020. This is majorly attributed to the growing number of motor disability in this region. According to CDC, in the US 61 million adults live disability, and 26% adults have some or the other disability. In total number of disability cases in US around 13.7% accounts for the motor disability where the individual is incapable or finds it difficult to walk or climb the stairs. Asia-Pacific market is poised to grow with the fastest CAGR in the forecast period 2021-2026 owing its increase in aging population, and other factors such as spinal cord injuries, paraplegia, muscular sclerosis and others. According to WHO, the prevalence of spinal cord injury is rising in developing countries like India, and the healthcare burden owing to the spinal cord injury is predicted to the developed countries. Moreover, rising geriatric population is poised to drive the market for manual wheelchair in this region. According to United Nations ESCAP Asia-Pacific consists of nearly 60% of world population where 400 million are aged 65 and above. By 2030, the number is estimated to increase by 50% concluding to 12% of total population in this region.



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Gait Trainer Market Segment Analysis-Drivers

Increasing Prevalence of Motor Disability:

Rising prevalence for motor disability is predicted to accelerate the market for Gait Trainer. The partial or complete loss of control of a part of the body, usually limbs, is motor disability. This causes weakening of the muscle, paraplegia, lack of muscle control. It is often noticed in neurological conditions like Muscle sclerosis, Cerebral palsy, Stroke, Parkinson’s disease. Lock-in syndrome is considered as an extreme form of motor impairment where almost all muscles lose their voluntary control. It is caused by a damage in lower portion of brain and brain stream by a stroke or other reasons. Muscle sclerosis is another factor causing motor impairment. According to National Multiple Sclerosis Society, globally around 2.3 million individuals are diagnosed of muscle sclerosis. Where in a recent study in the US funded by National Muscle Sclerosis Society, it is predicted that around 1 million individual aged 18 live with a diagnosis of muscle sclerosis. Additionally, people with alzheimer's and dementia are more likely to have balance issues, poor gait abilities, and other cognitive issues. One in ten individuals will develop Alzheimer's disease, as per the Alzheimer's Association . In 2019, about 5.8 million people in the United States have been diagnosed with the Alzheimer's disease.



Gait Trainer Market Segment Analysis – Challenges

Heavy Weight of Gait Trainers:

A pediatric gait trainer is mostly used in rehabilitation and clinical settings and has a wide range of features. These features cater to various degrees of mobility disability in a person. Therefore, the system is typically larger, heavier, more complex, and more expensive than a walker. As a result, a child gait trainer isn't really well adapted for everyday activities, and such products aren't used as often outside of the clinical and therapeutic environment. They are often needed in the very early and crucial stages of physical therapy in order to acquire motor control and skills. As a result, users continue to progress toward independent walking.



Gait Trainer Market Segment Landscape:

Product launches, joint ventures, mergers and acquisitions, and geographical expansions are key strategies adopted by players in the Gait Trainer Market. Gait Trainer Market top 10 companies are ReWalk Robotics, OttoBock, Rifton Equipment, Esko Bionics, AbleData, Biodex Meyland-Smith A/S, Hocoma, Meyland-Smith A/S, NS Media Group Ltd., Rex Bionics Ltd., Bharat Medical Systems, R82 Inc., Bio-Med Inc., Woodway USA, Inc.



Acquisitions/Product Launches:

In 2020, Biodex Medical Systems, Inc. was acquired by Mirion Technologies that is effective from September 2020. Mirion's strategic expansion strategy focuses on building a portfolio of industry-leading technology solutions across a variety of core and complementary product segments, and this acquisition fits into that plan. Mirion continue to create and grow new medical offerings in collaboration with Biodex



Key Takeaways

Industry is predicted to witness significant growth owing to older adults and especially demand from the people suffering from disabilities owing to muscular dystrophy, multiple sclerosis, cerebral palsy, spinal cord injury, paraplegia and spinal cord injury.

According to WHO, the prevalence of spinal cord injury is rising in developing countries like India, and the healthcare burden owing to the spinal cord injury is predicted to the developed countries.

Cerebral palsy is most commonly seen in children born prematurely or with a low birth weight. According to the U.S., researchers from Deerfield Institute in 2019, prevalence of Muscular dystrophy was found to be 6.09 per 100,000 males across all age groups. It is reported to be around 10,015 cases in 2019.

According to National Institute of Neurological Disorders and Stroke (NINDS), stroke is the most common cause of adult disability where, every year around 795,000 Americans have stroke and 160,000 individuals dye from stroke.



Related Reports:



A. Orthopedic Devices Market

https://www.industryarc.com/Report/18337/orthopedic-devices-market.html



B. Assisted Walking Device Market

https://www.industryarc.com/Research/Assisted-Walking-Device-Market-Research-503799



For more Lifesciences and Healthcare Market reports, please click here



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Source: EmailWire.Com

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