Rollator Walker Market 2020-2025


Posted January 5, 2021 by sandycool

Rollator Walker market was valued at 72 Million US$ in 2017 and is anticipated to achieve 139.5 Million US$ by 2026, developing at a CAGR of 5.8% during the outlook period 2020 - 2026.
 
Global Rollator Walker Market was valued at 72 Million US$ in 2017 and is anticipated to achieve 139.5 Million US$ by 2026, developing at a CAGR of 5.8% during the outlook period 2020 - 2026.

A rollator walker could be a standard walker on wheels. All legs of a rollator walker have wheels that slide the rolling walker forward. The unit needn't be lifted so as to manoeuvre forward. The swivel of the wheels helps the walkers to easily move. Rollator walkers also are termed as rollators or wheeled walkers.

Rising technological advancements in developing rollator walker with lightweight and seat rollators have led to steady growth of the worldwide market over the years. Clinical rollators are referred to as wheeled walkers comprised of features in build handbasket together with lightweight and height-adjustable. Such rollators provide physical support to aged people, diseased patients, and physically disabled patients. Clinical rollators help in enhancing the ability of disabled patients to move or stand independently.

The rising demand for hospital-based and home-based patient care services, and increasing end-users like clinics, hospitals, and hospital-based patient care centers are expected to fuel the global clinical rollators market. Moreover, a trend in using technologically advanced clinical rollators for comfortable sitting options is additionally projected to propel the global market.

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Recent Developments

VTT has made the normal walker (rollator) smart by retrofitting it with sensors and digital software that analyze a user’s shape and daily activities. this enables the device to gather useful information on the user’s daily rhythm, walking distances, duration, and speed of walking, Additionally to handgrip strength. Such information can then be used to monitor a user’s well-being and physical condition.

Innovative rollator walker that will assist people with Parkinson’s disease while walking is likely to be launched. Rollz Mobility UK will launch the Rollz Motion Rhythm at Naidex 2020.

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Impact of Covid-19 on Rollator Walker Market

Covid-19 has impacted all the businesses of the world whether big or small and the rollator walker market is no exception. Despite that, the rollator walker market continues to evolve and expand in terms of the number of companies, applications, and products that illustrate the growth perspectives of the market.

Market growth and trends:

Rising cases of arthritis and gait, a growing population struck by various kinds of diseases, and increasing adoption of advanced mobility products are believed to be driving the global rollator walkers’ market. The increase in the necessity for rollator walkers during post-treatment recovery phases, growing demand for mobility in regular life, an increase in cases of accidents are expected to boost the market. Other than this, the incorporation of advanced technology in clinical rollators helps in developing rollators with advanced sensors and digital software. All such features are anticipated to fuel demand within the global rollator walkers market.

Major manufacturers are focusing on research, product innovations, and development activities. Companies are doing mergers and acquisitions with local players to expand their product portfolios. Manufacturers in developing economies are focusing on reducing their production costs to realize the sustainable growth of their business.

The product average price declined within the past few years thanks to the technology development, the typical price will keep the trend within the few future years because of increasing mature manufacturing technology and lowing the price of raw materials. Despite the presence of competition problems, because of the increasing demand for mobility aids products, investors are still optimistic about this area, the longer term will still have more new investment enter the sector. The consumption volume will keep increasing within the next five years.

Market Drivers and Restraints:

The global rollator walker market is driven by an increase in the number of road accidents, a rise in the number of geriatric patients, and stringent rules and regulations imposed by governments of varied countries on the manufacture of rolling walkers and other devices. The rapid increase in the sale of private mobility devices is probably going to drive the demand for rolling walkers within the near future. Better opportunities for suppliers and producers of rollator walkers have been created due to the expansion of the e-commerce industry. So as to cater to a large range of consumers across the globe, producers, and suppliers of rolling walkers are focusing on promoting their products on various websites and portals. The increase within the promotion of rolling walkers through various online channels is projected to supply attractive opportunities to the global rolling walker market within the next few years. The wide adoption of electric wheelchairs throughout the world may be a restraining parameter for the expansion of the market.

Market Segmentation

This global market research report is segmented and sub-segmented into the following categories:

Global Rollator Walker Market – By Wheel Type
Three-wheel rollator walkers
Four-wheel rollator walkers
Others
The four-wheel rollator walker segment is anticipated to increase at a high rate within the near future, as four wheels offer proper balance and ground clearance to the rollator walker.

Global Rollator Walker Market - By Power Type

Electric rollator walkers
Non-electric rollator walkers or manual rollator walkers
Global Rollator Walker Market – End user
Elderly Users
Action barrier patients
Others
The action barrier patients segment is anticipated to dominate the market during the forecast period.

Global Rollator Walker Market – By Distribution channel

Online
E-Commerce Websites
Company-Owned Websites
Offline
Medical Stores
Speciality Stores
Regional Analysis

In terms of region, the global rollator walker market segmentation includes

Asia Pacific
Europe
North America
South America
Mideast & Africa.
The market in North America is estimated to expand at a major rate during the forecast period, because of an increase in the number of geriatric patients in countries like the U.S. and Canada.

The market in Europe is projected to expand at a relentless rate from 2020 to 2027, because of an increase in the demand for private mobility devices and favorable initiatives taken by governments of nations like the U.K., Germany, France, Spain, and also the Netherlands.

The rollator walker market within the Asia Pacific and the Middle East is anticipated to expand at a substantial pace during the outlook period, owing to the rapid increase in sales and augmenting geriatric population and of rolling walkers from the e-commerce companies in nations like China, India, and Japan.

Key market players:

Prominent players operating in the global rollator walker market are Evolution Technologies, Graham-Field, Drive DeVilbiss Healthcare, Invacare, Karman Healthcare, Inc., Briggs Healthcare, Trionic Sverige, and Bischoff & Bischoff.
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Last Updated January 5, 2021