Comprehensive Gait Analyzer Market Analysis 2024: Size, Share, And Key Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The gait analyzer market size has grown rapidly in recent years, increasing from $1.17 billion in 2023 to $1.29 billion in 2024 at a CAGR of 10.1%. This historical growth can be linked to the rising incidence of age-related gait disorders, increasing neurological diseases, a rising number of road accidents, increasing musculoskeletal disorders, and the development of rehabilitation medicine. The market is expected to experience continued rapid growth in the coming years, projected to reach $1.92 billion in 2028 at a CAGR of 10.5%. The expected growth in this forecast period is driven by factors such as a growing emphasis on personalized medicine, increasing accessibility, encouragement for individuals to monitor their gait patterns actively, rising investments in gait analysis research and development, and a growing number of people undergoing joint replacements along with increasing injury incidence. Key trends in the forecast period include advancements in technology, the integration of innovative features to enhance utility and effectiveness, the integration of artificial intelligence and machine learning, the development of wearable and portable gait analyzers, and advanced biomechanical analysis.
The growing incidence of bone-related issues is projected to enhance the growth of the gait analyzer market. Bone-related issues include a variety of conditions that impact the structure, strength, and function of bones, arising from factors like genetic predispositions, nutritional deficiencies, injuries, and infections. The increase in bone-related problems is primarily attributed to an aging population, sedentary lifestyles, and nutritional gaps. Gait analyzers are vital in managing these issues by providing accurate diagnoses, monitoring capabilities, personalized treatments, and overall improvements in quality of life. According to research published by the National Library of Medicine in February 2023, total hip arthroplasty (THA) and total knee arthroplasty (TKA) procedures are anticipated to rise by 719,364 and 1.22 million, respectively, by 2040, with TKAs expected to total 2.91 million and THAs to reach 1.98 million by 2060. Therefore, the increasing prevalence of bone-related issues will significantly drive the growth of the gait analyzer market.
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What Are The Key Trends That Influence Gait Analyzer Market Share Analysis?
Major companies in the gait analyzer market are developing innovative products like in-shoe foot function and gait analysis systems, providing real-time, precise data on foot mechanics and gait patterns. These systems offer detailed and continuous insights into foot mechanics and gait, aiding clinical assessments and optimizing athletic performance. For instance, in June 2023, Tekscan, a US-based manufacturer of gait analyzers, launched F-Scan GO, a compact in-shoe foot function and gait analysis system designed for biomechanics researchers. This solution enables natural gait motion while collecting extensive sensor data at unmatched sampling speeds, reinforcing Tekscan’s leadership in the field of in-shoe gait analysis, supported by numerous research-validated studies.
Which Market Players Are Driving Growth In The Gait Analyzer Market?
Major companies operating in the gait analyzer market are Kistler Group, Movella Holdings Inc., Tekscan Inc., TSE Systems GmbH, BTS Bioengineering Corp., Delsys Inc., Noraxon USA Inc., BioSensics LLC, Advanced Mechanical Technology Inc., Motion Analysis Corporation, Qualisys AB, Zebris Medical GmbH, Medilogic GmbH, ProtoKinetics LLC, CIR Systems Inc., Eloi Podologie, Microgate Srl, Sensor Medica Srl, DIERS International GmbH, ReTiSense Inc.
How Is The Global Gait Analyzer Market Segmented?
The gait analyzer market covered in this report is segmented –
1) By Type: With Heart Rate Monitoring, Without Heart Rate Monitoring
2) By Age: Pediatric, Adult
3) By Application: Household, Commercial, Other Applications
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The Gait Analyzer Global Market Report 2024 provides an overview of the gait analyzermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The gait analyzer market forecast analyzes gait analyzer market size, gait analyzer market share, leading competitor and their market positions.
The Table Of Content For The Gait Analyzer Market Include
1. Gait Analyzer Market Executive Summary
2. Gait Analyzer Market Segments
3. Gait Analyzer Market Size And Template Market Growth Rate
4. Key Gait Analyzer Market Trends
5. Major Gait Analyzer Market Drivers
……
25. Key Mergers And Acquisitions In The Gait Analyzer Market
26. Top Gait Analyzer Companies
27. Gait Analyzer Market Opportunities And Strategies
28. Gait Analyzer Market, Conclusions And Recommendations
29. Appendix
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