About Reciprocating Gait Orthosis
A reciprocating gait orthosis or RGO is a type of Orthosis. Reciprocating gait orthosis are used by people who require them to stand or walk. A key feature of the reciprocating gait orthosis is the coupling together of the hip joints.The reciprocating gait orthosis joins two knee–ankle–foot orthoses to a trunk corset with laterally placed joints. RGOs are often prescribed for individuals with paralysis due to spinal cord injury or conditions like post-polio syndrome. RGOs have been successfully used for children with spina bifida starting as young as 2.5 years old and have also seen success in other pediatric diagnoses.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. 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.
Reichert (United States), Cascade (United States), SCHECK & SIRESS (United States) and Boston Orthotics & Prosthetics (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Reciprocating Gait Orthosis market by Type (Horizontal Cable RGO, Rocker Bar RGO and Isocentric RGO), Application (Spinal Cord Injury, Paraplegia and Others) and Region.
On the basis of geography, the market of Reciprocating Gait Orthosis 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 End User, the sub-segment i.e. Children's will boost the Reciprocating Gait Orthosis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancement in reciprocating gait orthosis
Market Growth Drivers:
Provide physical benefits to people with lower-limb paralysis
Challenges:
Regulatory challenges associated with the healthcare sector
Restraints:
Healthcare rising costs in various regions
Opportunities:
Growing consumer concern related to healthcare facilities
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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.