Payment Link - Walking Assist Devices

The Global Walking Assist Devices Market is mainly driven by elderly population and increasing prevalence of Rheumatoid and Osteoarthritis. This market was valued at $359.17 million in 2013 and is expected to reach $615.03 million by 2018, at a CAGR of 11.4%. The Walking Assist Devices market is the growing segment of $0.3 billion Home Healthcare Market.

The report “Walking Assist Devices Market forecast, 2011-2018” analyzes the market of Walking Assist devices by walkers, crutches, canes, and walking sticks. All of these segments experienced a positive growth till 2018 with an increased awareness for procedures and sophisticated diagnostic techniques. Both the markets have been witnessing the maximum growth because of increase in patient pool and procedure numbers of hip and knee osteoarthritis and rheumatoid arthritis.

Procedure volume growth is significantly higher in BIC (Brazil, India, China) and Mexico because of fast disease progression, higher prevalence, improving healthcare infrastructure, economic growth, broadening insurance coverage, expanding private healthcare sector and increasing awareness amongst people.

Both the knee and hip markets experienced a slowdown in growth in 2012 in Japan, caused by reimbursement protocols instituted by the Japanese government, which limited ASP growth.

In North America (US, Canada) and Europe (Germany, France, Italy, Spain, UK), the rising rates of obese population have been driving the procedure growth but Europe-wide effort to cut the healthcare costs to reduce reimbursements, will compel patients to opt for alternative surgeries like Arthroscopic Debridement and MIS.

The prevalence of osteoarthritis in North America and Europe is around 8-10% in adult population whereas in Asia, it is around 12%. The high prevalence in Asia is because of maximum aging population whereas in North America and Europe it’s because of high diabetes and obese population.

The report also provides an extensive competitive landscaping of companies operating in Walking Assist Devices market. The main companies operating in Walking Assist Devices market and extensively covered in this report are Honda Motor Co., Ltd.(Japan), Murata Manufacturing(Japan), Aetna Inc (U.S.), TAMACHI INDUSTRIES CO., LTD.(Japan)

Segment and country specific Company shares, News & Deals, M&A, segment specific pipeline products, product approvals and product recalls of the major companies have been detailed.

Customization Options:

Along with the market data, you can also customize the MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:

Product Analysis

• Usage pattern (in-depth trend analysis) of products (Segment wise)
• Product Matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub segment level
• End-user Adoption rate analysis of the products (Segment wise and Country wise)
• Comprehensive coverage of Product approvals, Pipeline products and Product recalls

Epidemiology Data

• Country specific Prevalence of Knee, Hand, Hip, Spine Osteoarthritis (OA) and Rheumatoid Arthritis (RA)
• Country specific Patient pool of Knee, Hand, Hip, Spine OA and RA
• Disease progression (Pattern analysis)

Procedure Volume Data

• Bilateral and Unilateral Hip and Knee  procedures performed annually in each Country tracked till sub-segment level
• Number of Foot & Ankle, Wrist, Shoulder, Elbow, Digit and Disc Replacement procedures performed in each country

Surgeons / Physicians Perception analysis

• Fast turn-around analysis of Surgeons response to market events and trends
• Pattern analysis of usage of walkers, crutches, canes, and walking sticks by Physicians
• Surgeons opinion about products from different companies
• Surgeons qualitative inputs on epidemiology data

Brand/Product Perception Matrix

• Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
• Analysis of overall brand usage and familiarity and brand advocacy distribution (Detractor/Neutral/Familiar)

Pricing Trends

• Cost analysis of Walking Assist Devices devices in major countries
• Hip and Knee, Foot & Ankle, Wrist, Shoulder, Elbow, Digit and Disc Replacement procedural investment in major countries

Competitive Intelligence

• The company share analysis for Walking Assist Devices top players of the market in the region
• The crucial developments and strategies of companies inculcating in their portfolio  of Walking Assist Devices