Global Gait Belt Market Opportunities and Forecast 2023-2030

Gait Belt Market Overview

The global Gait Belt market is expected to grow at a moderate rate during the forecast period. Growing awareness regarding the use of gait belts and the rise in a geriatric population whose caregivers require gait belts for safe handling and mobility of the individuals would boost the growth of the global healthcare biometric market. An increasing number of sports injuries and a surge in the population of individuals who get bed-ridden due to chronic conditions or other Orthopaedic diseases lead to expanding the growth of the market.

Moreover, the adoption of gait belts in hospitals for aiding caregivers to give the patient support in walking, and patient transfer assistance, in hospitals and other end-users of many countries.  Various healthcare organizations are supporting and taking initiatives for the adoption of gait belts, which is expected to act as an important factor to boost the growth of the Gait Belt market in near future. In addition, growing health care expenditure for management of the condition that causes partial mobility is further driving the expansion of this market globally.

On the other hand, a lack of awareness among patients for healthcare along with the challenges associated with the durability of the belts is likely to hamper the global Gait Belt market during the forecast period.

Covid-19 Impact on Gait Belt Market:

In addition, the current Gait Belt Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Gait Belt Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Gait Belt Market Segment Overview

According to Product types, the market is segmented into Autobuckle, Quick Release, and Side Release. Among these quick releases holds the largest share of the market, owing to the ease in usage of the belts and can be removed as soon as the intentioned application is over with ease. In addition, the growth in demand for quick release belts by the end-users is expected to help the segment generate higher revenue during the forecast period.

Based on application, the market is categorized into Sports Injuries, Orthopaedic diseases, and others. Furthermore, the Orthopaedic diseases segment is expected to grow at the highest rate in the coming years. An increase in incidences of various Orthopaedic diseases which require gait belts for assistance in walking and transferring of the patient has led to the growth of the market during the forecast period. Additionally, the surge in the geriatric population admitted to the hospitals for various complications poses increased demand for the belts, boosting the demand for Gait Belt globally.

Market Analysis, Insights and Forecast – By Product

·       Autobuckle
·       Quick Release
·       Side Release

Market Analysis, Insights and Forecast – By Application

·       Sports Injuries
·       Orthopedic diseases
·       Others

Market Analysis, Insights, and Forecast – By End-user

·       Nursing Home
·       Hospital
·       Specialist Clinic
·       Others

Gait Belt Market Regional Overview

Region-wise, North America dominated the global Gait Belt market and is expected to continue its dominance during the forecast period. Factors such as the rising number of incidences of sports injuries, spinal cord injuries (causing mobility issues), orthopedic conditions, and other related incidences which cause difficulty for walking in North America will propel the growth of the gait belt market in the region. Moreover, high health care expenditure fuels the growth of the market in North America. Similarly, Asia Pacific is also expected to account for the fastest growth in the global market owing to well-established health care infrastructure. Factors such as development in the health care infrastructure, rising awareness about health, a surge in investment in assistive products, and growing adoption of gait belts for walking and transferring of patients are expected to escalate the growth of the Gait Belt market in the Asia Pacific region.

Gait Belt Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Gait Belt Market, Key Players

·       Morrison Medical
·       Fabrication Enterprises
·       AliMed
·       SafetySure
·       Dynarex
·       North Coast Medical Inc.
·       Medline Industries, Inc.
·       Cardinal Health