Walking Standers Market - Introduction
Walking standers are used by persons who rely on wheelchairs or are unable to walk by themselves. Walking standers provide an alternative position other than sitting, by supporting a user or patient in standing position. Standing position benefits the bones in legs and helps prevent osteoporosis. Use of walking standers improves digestion and blood circulation, and help to maintain or improve the range of motion, manage pressure ulcers, decrease contractures, and increase strength and endurance. Walking standers can be mobile or static and are often equipped with a table.
Walking Standers Market – Competitive Landscape
Founded in 1976, Chinesport is a leading Italian organization specialized in wide range of assistive devices and rehabilitation equipment. The organization has geographical reach in almost 80 countries. Moreover, the organization also has its own educational program for specialized sectors and medical-scientific training center and its own equipment in support of specialists and international partners.
Incorporate in 2011, BESTCARE Medical is a leading manufacturer and supplier of patient lift equipment & transfers, walking standers, etc. for home care, nursing homes, and hospitals in Asia Pacific.
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Established in 2003, Groupe WINNCARE manufactures, designs, and trades medical devices for the hospital patients, handicapped, and elderly. The organization offers hospital beds and bed accessories that comprise motorized and static air therapeutic mattresses, mobility aid systems, cushions, technical aid and positioning devices, pediatric support products that comprise therapeutic mattresses, movement and transfer products.
The Hausmann Industries was founded in 1955, the organization manufactures and designs medical equipment, and physical training equipment to customers in the U.S. and globally. The organization provides medical tables and equipment, rehabilitation aids and testing products, walking standers, etc.
Key players operating in the global walking standers market include Chinesport, Groupe WINNCARE, aacurat GmbH, BESTCARE Medical, Handicare, Pelican Manufacturing, Hausmann Industries, TR Equipment, Joerns Healthcare LLC, and Handi-Move International. Hausmann Industries, Handi-Move International, Joerns Healthcare LLC, and Groupe WINNCARE are the leading players in the global walking standers market.
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Walking Standers Market - Dynamics
Increase in the disposable income of people in emerging economies is likely to enable them to avail better health care facilities.
Rise in income, increase in the baby boomer and disabled populations, and availability of advanced technologies are expected to prompt health care service providers to make substantial investments in the development of technologically advanced assistive technologies to satisfy patient needs, improve operational efficiency, and save both service costs and time.
Developing Health Care Infrastructure in High Growth Potential Countries is Expected to Boost the Growth of the Market
Moreover, rise in the number of specialty surgical procedures, trauma procedures, diagnostic imaging procedures, and other specialty surgeries performed every year boosts demand for new walking standers across the globe. Developing health care infrastructure in high growth potential countries, increase in per capita health care expenditure, and rise in the number of surgical procedures performed every year are the major factors projected to drive the global walking standers market from 2019 to 2027.
Walking Standers Market – Segmentation
The global walking standers market can be bifurcated on the basis of:
- Product Type
- Age Group
Walking Standers Market – By Product type
In terms of product type, the global walking standers market can be bifurcated into:
- Automatic Walking Standers
- Manual Walking Standers.
Walking Standers Market – By Age Group
Based on age group, the global walking standers market can be classified into:
- Pediatric (3 years to 18 years)
- Adults (19 years to 60 years)
- Geriatrics (60 years and above)
Walking Standers Market – By End-user
In terms of end-user, the global walking standers market can be divided into:
- Nursing homes
- Diagnostic centers
- Home Care settings
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.