The Global Gait Trainer Market is projected to exhibit steady growth, with a modest compound annual growth rate (CAGR) of 4.9% during the forecast period. The market, valued at USD 342.7 million in 2022, is expected to rise to an estimated USD 456.3 million by the end of 2028, according to the latest industry analysis by Future Market Insights.
Market Growth Drivers
The increase in conditions such as cerebral palsy has been a significant factor contributing to the growth of the gait trainer market. As the incidence of cerebral palsy continues to rise, the demand for gait trainer walkers, particularly for pediatric patients, is seeing a sharp increase. These devices play a key role in helping individuals with mobility impairments regain the ability to walk, improving their quality of life.
Furthermore, the growth of the exoskeleton market, valued at USD 4.1 billion in 2021, has positively impacted gait trainer sales, with gait trainer devices accounting for 8% of the total market. This highlights the growing recognition and adoption of advanced rehabilitation technologies.
Key Takeaways
- Market Value in 2022: USD 342.7 million.
- Projected Market Value by 2028: USD 456.3 million.
- CAGR: 4.9% from 2022 to 2028.
- Growth Drivers: Rising incidence of cerebral palsy, increasing demand for gait trainer walkers, and the expanding exoskeleton market.
Regional Insights
- North America: Holds the largest market share due to advanced healthcare infrastructure, high awareness, and a growing demand for rehabilitation technologies.
- Europe: A significant market, with rising healthcare investments and an increasing focus on improving mobility in patients with neurological disorders.
- Asia-Pacific: Expected to witness strong growth due to the rising prevalence of mobility disorders, improving healthcare facilities, and increasing adoption of rehabilitation devices in countries like China and India.
- Latin America & Middle East/Africa: Emerging regions with a growing healthcare sector and rising awareness of gait trainers as effective rehabilitation tools.
Market Overview
- 2022 Market Value: USD 342.7 million
- 2028 Projected Value: USD 456.3 million
- CAGR (2022-2028): 4.9%
Key Insights
In 2021, the exoskeleton market was valued at USD 4.1 billion, with gait trainer sales contributing approximately 8% to this total. Gait trainer walkers, particularly for conditions like cerebral palsy, have gained momentum in recent years, driven by a significant rise in the incidence of cerebral palsy.
Growth Drivers
Several factors are contributing to the growth of the gait trainer market:
- Increasing Incidence of Cerebral Palsy: The rising number of children diagnosed with cerebral palsy is boosting demand for effective gait training solutions.
- Technological Advancements: Innovations in gait training technology are enhancing the effectiveness and usability of these devices.
- Focus on Rehabilitation: There is a growing emphasis on rehabilitation and physical therapy, which is driving the adoption of gait trainers in clinical settings.
Gait Trainer Market Competitive Landscape
Gait trainer manufacturers are focusing on developing new and affordable products that would cater to a larger customer base. The manufacturers of gait trainers are also focusing on reducing the costs and complexities associated with the use of gait trainers. As demand for automated gait trainers ramps up, manufacturers are expected to launch new products to boost their sales across the world.
- In March 2021, the USA FDA (Food and Drug Administration) announced the authorization of marketing of a new device that would aid in the treatment of multiple sclerosis (MS) which is a very common neurological disease among young adults. The Portable Neuromodulation Stimulator (PoNS) device would be a short-term treatment for gait deficit which is a result of mild symptoms of the aforementioned MS.
- In May 2021, Ekso Bionics Holdings Inc., an industry-leading name in the medical exoskeleton technology industry announced the expansion of its partnership with Kindred Healthcare LLC. Through this expansion of partnership, Ekso brings Kindred’s EskoNR to four major hospitals in the U.S.
Key Companies Profiled
Meyland Smith A/S; Biodex Medical Systems; medica Medizintechnik GmbH; ReWalk Robotics; Alter G Inc.; Rex Bionics Ltd.; Ekso Bionics; Hocoma AG; Otto Bock Inc.; Rifton Equipment; Medical Depot Inc. (Drive Medical)
Full Report Revealed
Key Segments Covered in Gait Trainer Industry Survey
Gait Trainer Market by Product Type:
- Gait Trainer Walkers
- Adult
- Pediatric
- Exoskeletons
- Treadmill Systems
Gait Trainer Market by End User:
- Gait Trainers for Hospitals
- Gait Trainers for Rehabilitation Centers
- Gait Trainers for Home Care Settings
Gait Trainer Market by Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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