North America Walkers and Rollators Market

North America Walkers and Rollators Market Size, Share & Industry Trends Analysis Report By Type, By Distribution Channel (Offline, and Online), By Application (65 to 85 years old, Above 85 years old, and Young), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-13650 Publication Date: January-2023 Number of Pages: 55
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Market Report Description

The North America Walkers and Rollators Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028).

Rollators and walkers have become more and more common, with individuals using them for routine. Keeping up with all the new products and services that hit the market each year is challenging. They are ideal for those with disabilities who find it difficult to use a standard walker or who have problems walking over long distances. However, many individuals use them to maintain their physical activity and strength, which is advantageous for people of all ages.

However, technological advancements and the use of the latest technologies have brought down the cost of rollators and walkers to a certain point, making them more accessible. And it is very likely that as production technology advances and the cost of raw materials declines, the price of walkers will continue to fall in the years to come. Investors are enthused about this market despite the existence of competition problems due to the growing need for products that assist with mobility. The rollators and walkers market is expected to grow and have opportunities as a result of these factors.

In the United States, the population of 65 years and above amounted to 54.1 million in 2019. The increase in the elderly population signifies dependency on the younger population and rising expenditure on healthcare. Elderly people are vulnerable to diseases like arthritis, Parkinson’s, decreased mobility, etc. This will increase the utilization of rollators and walkers among elderly people. Canadians take part in a wide variety of sports and other entertaining activities which also increase the risk of getting severe sport related injuries. The rising chances of severe injuries and increased old aged population is predicted to support the market growth in North America region.

The US market dominated the North America Walkers and Rollators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $548.4 Million by 2028. The Canada market is poised to grow at a CAGR of 6.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.3% during (2022 - 2028).

Based on Type, the market is segmented into 4-wheeler, 3-wheeler, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Application, the market is segmented into 65 to 85 years old, Above 85 years old, and Young. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Walkers and Rollators Market is Estimated to reach $2.2 Billion by 2028, at a CAGR of 5.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eurovema Mobility AB (Weland AB), Karman Healthcare, Inc., Drive DeVilbiss Healthcare (Medical Depot, Inc.), Compass Health Brands Corporation, Human Care HC AB, Invacare Corporation, GF Health Products, Inc., Evolution Technologies Inc., Benmor Medical Ltd., and Briggs Healthcare Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • 4-wheeler
  • 3-wheeler
  • Others

By Distribution Channel

  • Offline
  • Online

By Application

  • 65 to 85 years old
  • Above 85 years old
  • Young

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Eurovema Mobility AB (Weland AB)
  • Karman Healthcare, Inc.
  • Drive DeVilbiss Healthcare (Medical Depot, Inc.)
  • Compass Health Brands Corporation
  • Human Care HC AB
  • Invacare Corporation
  • GF Health Products, Inc.
  • Evolution Technologies Inc.
  • Benmor Medical Ltd.
  • Briggs Healthcare Corporation
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