Market Introduction
Most gait training systems are intended for acute and subacute neurological patients. Many techniques are used for relearning gait cycle training (functional gait training) or gait movements (nonfunctional training). Each system has its benefits and limitations in terms of functional outcomes. Though, training gait cycle movements are inadequate for the improvement of ambulation.
Moreover, the increasing incidence of neurological disorders, elevating number of sports injuries and orthopedic diseases cases to boost the market growth is driving the market’s growth. However, the availability of alternate therapies critically impacts the growth of the market.
The second wave of corona infections affects Brazil, Argentina, Uruguay, Chile, Peru, and Colombia. Among which Brazil recorded the majority of deaths. The region is expected to likely force a second lockdown, ultimately hindering the region's healthcare industry. However, the COVID-19 outbreak has had a critical impact on the flow of medical care in the area. Additionally, the nations are known for medical tourism, which the pandemic has also hit. The second wave of corona infections affects Brazil, Chile, Peru, Argentina, Uruguay, and Colombia. Rehabilitation is a key strategy to ensure that patients do not deteriorate and need to be readmitted again after discharge. During the COVID-19 pandemic, this is crucial given the shortage of hospital beds. Physiotherapists as rehabilitation professionals are frontline medical professionals and should be engaged in caring for patients who have severe COVID-19 cases.
Market Overview and Dynamics
The South & Central America gait rehabilitation system market is expected to reach US$ 27.1 million by 2028 from US$ 20.3 million in 2021. The market is estimated to grow at a CAGR of 4.2% from 2021–2028. The escalating prevalence of joint and orthopedic diseases has also been triggering the demand for joint pain therapy and muscle ailment relief procedures. As per the World Health Organization (WHO) factsheet updated in 2018, musculoskeletal conditions are the second-largest contributor to disabilities worldwide. Moreover, the prevalence and impact of these disorders are expected to rise with the increase in the aging population and rise in many risk factors associated with noncommunicable diseases (NCDs). Further, osteoarthritis (OA), caused by the breakdown of joint cartilage between bones, is one of the most common joint disorders reported. It is also known as degenerative joint disease or “wear and tear” arthritis. Gait rehabilitation systems are the primary therapy devices used by people from all age groups, generally without seeking a physician's prescription. Thus, the elevating number of people suffering from sports injuries and orthopedic diseases is contributing to the South & Central America gait rehabilitation system market growth.
Key Market Segments
In terms of product type, the mechanical type segment accounted for the largest share of the South & Central America gait rehabilitation system market in 2020. In terms of end user, the hospitals segment accounted for the largest share of the South & Central America gait rehabilitation system market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the gait rehabilitation system market in South & Central America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are zebris Medical GmbH, PRODROMUS S.A., Reha Technology AG, DIH Medical, Meditouch, HIWIN Corporation, Restorative Therapies, Inc., Meden-Inmed Sp. z o.o., and Groupe WINNCARE.
Reasons to Buy Report
South & Central America Gait Rehabilitation System Market Segmentation
By Product Type
By End User
By Country
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 20.3 Million |
| Market Size by 2028 | US$ 27.1 Million |
| CAGR (2021 - 2028) | 4.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South and Central America Gait Rehabilitation System Market is valued at US$ 20.3 Million in 2021, it is projected to reach US$ 27.1 Million by 2028.
As per our report South and Central America Gait Rehabilitation System Market, the market size is valued at US$ 20.3 Million in 2021, projecting it to reach US$ 27.1 Million by 2028. This translates to a CAGR of approximately 4.2% during the forecast period.
The South and Central America Gait Rehabilitation System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Gait Rehabilitation System Market report:
The South and Central America Gait Rehabilitation System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South and Central America Gait Rehabilitation System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South and Central America Gait Rehabilitation System Market value chain can benefit from the information contained in a comprehensive market report.
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