Gait Trainer Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The gait trainer market is expected to propel due to increasing disorders such as cerebral palsy and skeletal deformities. Musculoskeletal is a disorder that leads to restricting the mobility and it is one of the major contributor worldwide for disability. According to the Global Burden of Disease Study, in 2017, around 18.8 million people suffered from musculoskeletal condition in United Kingdom. Thus, it is expected to increase the demand for gait trainer. Furthermore, increasing aging population and associated physical disability disorders is expected to be a major factor in gait trainer market. According to the United Nations, in 2019, approximately 703 million people were accounted with the age 65 and above, worldwide.

Key Market Trends

Neurological Disorder Segment is Expected to Hold a Major Market Share in the Gait Trainer Market

• Growing burden of neurological disorders such as cerebral palsy, multiple sclerosis is expected to drive this particular segment. According to the data published by Public Health England, the prevalence rate of multiple sclerosis was around 190 cases per 100,000 population in 2018.
• Furthermore, people that suffer from alzheimer’s and dementia are likely to go through balance problems, improper gait skills and other cognitive defects. According to Alzheimer’s Association, every one person out of ten is likely to suffer from alzheimer’s. In 2019, approximately 5. 8 million people in the United States were diagnosed with alzheimer’s.

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

Growing burden of spinal cord injuries and product advancements is expected to drive the gait trainer market growth. Spinal cord injuries are caused due to damage of the spinal cord which may lead to paralyses of legs. According to National Spinal Cord Injury Association, around 450,000 people suffer from spinal cord injuries. Furthermore, each year approximately 17,000 people are diagnosed with these injuries. Hence, such injuries may require gait trainer for learning to walk and balance again. Therefore, it is expected to boost the gait trainer market growth.

Competitive Landscape

Strategic initiatives taken by companies to improve the market presence such as product launches. For instance, in 2019, Ekso Bionics launched EksoNR for stroke and spinal cord injury. It has a touch-screen controller that makes it convenient to use. Some of the companies which are currently dominating the market areMeyland-Smith A/S, medica Medizintechnik GmbH, Rex Bionics Ltd., Rewalk Robotics, Hocoma, Alter G, Inc., Biodex Medical System, Rifton Equipment, US Bionics, Inc. and Ekso Bionics.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
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