About Knee Walkers
Knee Walkers are a medical mobility device that provides a safer, more comfortable, and easier-to--maneuver alternative to crutches for those recovering from foot or lower leg injury or surgery which requires the foot and/or leg to be non-weight bearing during recovery. A knee walker will increase mobility during recovery from a foot or ankle surgery or injury. With the growing cases of orthopedic conditions and rising incidences of fractures among sports players demanding medical walkers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
There are various companies are exploring the market in new geographical regions by adopting various market growth strategies such as mergers & acquisitions, expansions, investments, new product launches and many others. The market leading players are exploring new opportunity areas through expansions and acquisitions across the globe to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Knee Walkers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Drive Medical (United States), Invacare (United States), Nova Medical (United States), Performance Health (United States), Vitality Medical (United States), Mercy Medical Equipment Company (United States), KneeRover (United Kingdom) and Medical Depot, Inc (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Carex Health Brands (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Knee Walkers market by Type (Two-Wheeler, Three-Wheeler, Four-Wheeler and Five-Wheeler) and Region.
On the basis of geography, the market of Knee Walkers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Modality Type, the sub-segment i.e. Folded will boost the Knee Walkers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Knee Walkers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Adult will boost the Knee Walkers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement in Knee Walkers and Availability of Advanced Healthcare Infrastructure
Market Growth Drivers:
Increasing Number of Orthopedic Disease, Increasing Disposable Income Worldwide and Rising Medical Tourism in Both Developed and Underdeveloped Countries
Challenges:
High Cost of Advanced Medical Walkers
Restraints:
Availabilities of Alternative Knee Treatments such as Hyaluronic Acid and Prolotherapy
Opportunities:
Growing Incidences of Knee Injuries Arising from Automobile Accidents, and Diseases and Deficiencies, Demand from Sports Players, Due to Rising Incidences of Fracture and Rising Innovation and Upgradation in Emerging Countries
Market Leaders and their expansionary development strategies
In January 2021, DJO, LLC , a leading global provider of medical technologies to get and keep people moving, announced the acquisition of Trilliant Surgical, a national provider of foot and ankle orthopedic implants. The acquisition of Trilliant Surgical’s leading product technologies and clinical efficacy supports DJO’s focused expansion into the adjacent high-growth USD1 billion US foot and ankle market.
In February 2022, Össur announced the launch of its new POWER KNEE, the world’s first actively powered microprocessor prosthetic knee for people with above-knee amputation or limb difference.
Key Target Audience
Knee Walkers Manufacturer, Knee Walkers Suppliers/Distributors, Raw Material Supplier, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.