The Europe Elderly Walker Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
The main advantage of employing walkers for seniors is that they provide them with the most assistance possible, particularly those with front wheels. For walking, those without wheels are often carried. Walkers with four wheels are now constructed with breaks to provide additional support to users. These mobility aids are perfect for elderly people who like lengthy walks.
Walkers are portable assistance gadgets often suggested by physicians to elderly patients. Seniors who need more assistance with everyday chores are more likely to choose them because of their small weight. These products are made by reputable manufacturers exclusively for senior citizens who lack the physical stamina to push large mobility aids. Senior folks are more likely to use walkers since they are convenient to maneuver.
These assistive gadgets are lightweight, making them simple for older people to use both indoors and outside. The correct aid improves balance and offers the user a feeling of freedom since they know they can go about without even worrying about the possibility of falling. Walkers are often created of fantastic patterns in a range of sizes and styles. The gadgets' several layers enable users to transport their personal stuff wherever they go comfortably.
Since younger birth cohorts also exhibit declining populations, according to Destatis, 2020, adults over 65 also make up an increasing share of the overall population over time. From 15% in 1991 to 22% in 2019, it increased. The number of people who are extremely elderly and over 85 is expanding very quickly. In 1991, there were 1.2 million of them, and by 2019, there were 2.4 million. According to a UN assessment on French ageing policy, France, like other European nations, is seeing a steady and large rise in the population of senior people. In 2012, there were 15 million people in France over the age of 60. In 2060, this number will increase to 24 million. Elderly walkers' market players in the Europe area are expected to see increase due to the region's aging population.
The Germany market dominated the Europe Elderly Walker Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $150 million by 2030. The UK market is anticipated to grow at a CAGR of 5.7% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 7.4% during (2023 - 2030).
Based on End-use, the market is segmented into Hospitals, Home Care, and Others. Based on Type, the market is segmented into Rollators, Knee Walkers, and Standard Walkers. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Elderly Walker Market is Projected to reach USD 2.3 Billion by 2030, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Drive DeVilbiss Healthcare (Medical Depot, Inc.), Compass Health Brands Corporation (Carex Health Brands), Medline Industries, Inc., Briggs Healthcare Corporation, Topro Industrie AS, GF Health Products, Inc., Nova Medical Products, Kaye Products, Inc. and Just Walkers.
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