Global Gait Belt Market Size By Product (Autobuckle, Quick Release), By Application (Hospitals, Rehabilitation Centers), By Geographic Scope And Forecast

Report ID: 377345|No. of Pages: 202

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Global Gait Belt Market Size By Product (Autobuckle, Quick Release), By Application (Hospitals, Rehabilitation Centers), By Geographic Scope And Forecast

Report ID: 377345|Published Date: Jan 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Gait Belt Market Size And Forecast

Gait Belt Market size was valued at USD 447.58 Million in 2023 and is projected to reach USD 721.28 Million by 2030, growing at a CAGR of 6.23% from 2024 to 2030.

Aging population as a key driver for Global Gait Belt Market growth and the rising incidence of disabilities is a driving force are the factors driving market growth. The Global Gait Belt Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Gait Belt Marketis estimated to grow at a CAGR of 6.23% & reach US$ 721.28 Mn by the end of 2030

Global Gait Belt Market Definition

A Gait Belt is an assistive device that can be used to help people move about, sit, and stand more comfortably, as well as securely transfer them from a bed to a wheelchair. To enable a carer to grab the belt and help raise or move a patient, it is fastened around the waist. When worn appropriately, the belt keeps the care recipient safe from falls and shields the carer from back strain whilst lifting or moving the patient. Typically, a gait belt measures 54–60 inches in length and 1–½ inches broad.

The belt has a buckle at one end and is designed from canvas, nylon, or leather. A gait belt can be bought online, in big pharmacies, or at medical supply stores. A metal buckle with loops and teeth is the feature of a conventional gait belt. To secure the belt, it is guided to pass it through the buckle’s teeth and then through the loop. The plastic buckle on a quick-release gait belt snaps into position to clip the two ends together.

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Global Gait Belt Market Overview

The Global Gait Belt market is experiencing a significant surge in demand, propelled by demographic shifts, evolving healthcare practices, and a heightened emphasis on patient safety. Gait belts, traditionally employed in healthcare settings, have transcended their role as mere mobility aids and emerged as crucial components in fostering safe and dignified patient transfers and ambulation. This market overview delves into key factors driving the growth of the global Gait Belt Market, trends shaping its landscape, and the diverse applications that extend beyond clinical settings. One of the primary drivers steering the Gait Belt Market’s trajectory is the global demographic shift, characterized by an aging population. As the proportion of elderly individuals increases worldwide, there is a corresponding rise in the prevalence of conditions affecting mobility. Gait belts, designed to provide support during ambulation and transfers, have become indispensable tools for caregivers and healthcare professionals catering to the needs of seniors and those with mobility challenges.

The Gait Belt Market is witnessing a paradigm shift in healthcare practices, with an increasing focus on patient-centered care and the preference for home-based healthcare solutions. Patients and their families are increasingly opting for care delivered in the comfort of their homes, creating a growing demand for assistive devices that facilitate mobility in domestic settings. Gait belts have seamlessly integrated into this shift, becoming integral components in home healthcare setups.

Advancements in healthcare technology are reshaping the landscape of mobility aids, and gait belts are no exception. The integration of technology has given rise to smart gait belts equipped with sensors and monitoring capabilities. These innovative solutions not only enhance patient safety by providing real-time data on movement and positioning but also contribute to a more connected and efficient healthcare ecosystem. While traditionally associated with clinical environments, gait belts are finding versatile applications across diverse settings. Beyond hospitals and nursing homes, gait belts are increasingly used in home healthcare, rehabilitation centers, and even by family caregivers. The versatility of gait belts makes them invaluable tools in ensuring the safety and stability of individuals with varying degrees of mobility challenges.

Global Gait Belt Market: Segmentation Analysis

The Global Gait Belt Market is segmented on the basis of Product, Application, and Geography.

Gait Belt Market, By Product

  • Autobuckle
  • Quick Release
  • Side Release

Gait Belt Market, By Product

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Based on Product, the market is bifurcated into Autobuckle, Quick Release, and Side Release. The segment of autobuckle holds the largest market share as they are often considered the most user-friendly, particularly for those with low hand strength or dexterity. Unlike side-release buckles, which generally need two hands to adjust the straps, they usually have a latch or other mechanism that can be closed with one hand. For those who struggle with conventional buckles, such as elderly seniors or people with impairments, this can be a huge benefit. Certain autobuckle designs have locking mechanisms to prevent unintentional release, which can be crucial for patient safety—particularly for those who are more likely to fall.

Gait Belt Market, By Application

  • Hospitals
  • Rehabilitation Centers
  • Nursing Homes
  • Home Healthcare Settings

Gait Belt Market, By Application

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Based on Application, the market is bifurcated into Hospitals, Rehabilitation Centers, Nursing Homes, and Home Healthcare Settings. The segment of hospitals holds the largest market share as hospitals usually see a large number of patients, many of whom are more likely to fall because of disease, trauma, or aging-related declines in mobility. Gait belts become extremely necessary as a result to aid in avoiding falls and guarantee patient safety. Hospitals serve a broad spectrum of patients with different treatment needs and degrees of mobility. Gait belts provide a flexible fall prevention option that may be tailored to meet the needs and circumstances of various patients.

Gait Belt Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

Gait Belt Market, By Geography

Based on Regional Analysis, the Global Gait Belt Market is classified into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North American Gait Belt Market has been steadily expanding, owing to the region’s aging population and rising frequency of chronic disorders. The United States has a well-established healthcare system, which contributes greatly to gait belt demand. Furthermore, as gait belts are recognized as vital instruments for patient handling and movement, severe safety laws and standards in healthcare institutions enhance the market.

Key Players

The “Global Gait Belt Market” study report will provide valuable insight with an emphasis on the global market including some of the major players are Morrison Medical, Fabrication Enterprises, Inc., Alimed Inc, Dynarex Corporation, and Performance Health Holding, Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players Globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with Coating Type benchmarking and SWOT analysis.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Million)

Key Companies Profiled

Morrison Medical, Fabrication Enterprises, Inc., Alimed Inc, Dynarex Corporation, and Performance Health Holding, Inc.

Segments Covered
  • By Product
  • By Application
  • By Geography
Customization scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope.

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Research Methodology of Verified Market Research:

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Gait Belt Market was valued at USD 447.58 Million in 2023 and is projected to reach USD 721.28 Million by 2030, growing at a CAGR of 6.23% from 2024 to 2030.

Aging population as a key driver for Global Gait Belt Market growth and the rising incidence of disabilities is a driving force are the factors driving market growth.

The major players are Morrison Medical, Fabrication Enterprises, Inc., Alimed Inc, Dynarex Corporation, and Performance Health Holding, Inc.

The Global Gait Belt Market is segmented on the basis of Product, Application, and Geography.

The sample report for the Gait Belt Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS

2 RESEARCH METHODOLOGY

2.1 DATA MINING
2.1.1 SECONDARY RESEARCH
2.1.2 PRIMARY RESEARCH
2.1.3 SUBJECT MATTER EXPERT ADVICE
2.1.4 QUALITY CHECK
2.1.5 FINAL REVIEW

2.2 DATA TRIANGULATION

2.3 BOTTOM-UP APPROACH

2.4 TOP-DOWN APPROACH

2.5 RESEARCH FLOW

2.6 DATA SOURCES

3 EXECUTIVE SUMMARY
3.1 GLOBAL GAIT BELT MARKET OVERVIEW
3.2 GLOBAL GAIT BELT MARKET ESTIMATES AND FORECAST (USD MILLION), 2021-2030
3.3 GLOBAL GAIT BELT MARKET ECOLOGY MAPPING
3.4 GLOBAL GAIT BELT MARKET ABSOLUTE MARKET OPPORTUNITY
3.5 GLOBAL GAIT BELT MARKET ATTRACTIVENESS ANALYSIS, BY REGION
3.6 GLOBAL GAIT BELT MARKET ATTRACTIVENESS ANALYSIS, BY PRODUCT
3.7 GLOBAL GAIT BELT MARKET ATTRACTIVENESS ANALYSIS, BY APPLICATION
3.8 GLOBAL GAIT BELT MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.9 GLOBAL GAIT BELT MARKET, BY PRODUCT (USD MILLION)
3.10 GLOBAL GAIT BELT MARKET, BY APPLICATION (USD MILLION)
3.11 FUTURE MARKET OPPORTUNITIES
3.12 PRODUCT LIFELINE

4 MARKET OUTLOOK

4.1 GLOBAL GAIT BELT MARKET EVOLUTION

4.2 GLOBAL GAIT BELT MARKET OUTLOOK

4.3 MARKET DRIVERS
4.3.1 AGING POPULATION AS A KEY DRIVER FOR GLOBAL GAIT BELT MARKET GROWTH
4.3.2 THE RISING INCIDENCE OF DISABILITIES IS A DRIVING FORCE BEHIND GLOBAL GAIT BELT MARKET GROWTH

4.4 MARKET RESTRAINTS
4.4.1 LIMITED AWARENESS AND TRAINING IS A CHALLENGE FOR THE GLOBAL GAIT BELT MARKET
4.4.2 ALTERNATIVE MOBILITY AIDS IN NAVIGATING CHALLENGES FOR THE GLOBAL GAIT BELT MARKET

4.5 MARKET OPPORTUNITY
4.5.1 TECHNOLOGICAL ADVANCEMENTS IS EMBRACING NEW HORIZONS FOR THE GLOBAL GAIT BELT MARKET
4.5.2 EXPANDING HOME HEALTHCARE MARKET HAS BECOME A HUMAN-CENTRIC OUTLOOK ON OPPORTUNITIES FOR THE GLOBAL GAIT BELT MARKET

4.6 MARKET TRENDS
4.6.1 CUSTOMIZATION AND ERGONOMICS ARE PIONEERING THE HUMAN-CENTRIC EVOLUTION OF GAIT BELTS
4.6.2 E-COMMERCE PENETRATION IS UNVEILING A NEW ERA FOR GAIT BELTS MARKET

4.7 PORTER’S FIVE FORCES ANALYSIS
4.7.1 THREAT OF NEW ENTRANTS: MODERATE
4.7.2 BARGAINING POWER OF BUYERS: HIGH
4.7.3 BARGAINING POWER OF SUPPLIERS: MODERATE
4.7.4 THREAT OF SUBSTITUTE PRODUCTS OR SERVICES: LOW
4.7.5 INTENSITY OF COMPETITIVE RIVALRY: HIGH

4.8 MACROECONOMIC ANALYSIS

4.9 VALUE CHAIN ANALYSIS

4.10 PRICING ANALYSIS

5 MARKET, BY PRODUCT
5.1 OVERVIEW
5.2 GLOBAL GAIT BELT MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY PRODUCT
5.3 AUTOBUCKLE
5.4 QUICK RELEASE
5.5 SIDE RELEASE

6 MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 GLOBAL GAIT BELT MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY APPLICATION
6.3 HOSPITALS
6.4 REHABILITATION CENTERS
6.5 NURSING HOMES
6.6 HOME HEALTHCARE SETTINGS

7 MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 GERMANY
7.3.3 UK
7.3.4 FRANCE
7.3.5 ITALY
7.3.6 SPAIN
7.3.7 REST OF EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 INDIA
7.4.4 JAPAN
7.4.5 REST OF ASIA PACIFIC
7.5 LATIN AMERICA
7.5.1 LATIN AMERICA MARKET SNAPSHOT
7.5.2 BRAZIL
7.5.3 ARGENTINA
7.5.4 REST OF LATIN AMERICA
7.6 MIDDLE EAST AND AFRICA
7.6.1 MIDDLE EAST AND AFRICA MARKET SNAPSHOT
7.6.2 UAE
7.6.3 SAUDI ARABIA
7.6.4 SOUTH AFRICA
7.6.5 REST OF MIDDLE EAST AND AFRICA

8 COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPETITIVE SCENARIO
8.3 COMPANY MARKET RANKING ANALYSIS
8.4 COMPANY REGIONAL FOOTPRINT
8.5 COMPANY INDUSTRY FOOTPRINT
8.6 ACE MATRIX
8.6.1 ACTIVE
8.6.2 CUTTING EDGE
8.6.3 EMERGING
8.6.4 INNOVATORS

9 COMPANY PROFILES

9.1 MORRISON MEDICAL
9.1.1 COMPANY OVERVIEW
9.1.2 COMPANY INSIGHTS
9.1.3 PRODUCTS BENCHMARKING

9.2 FABRICATION ENTERPRISES, INC.
9.2.1 COMPANY OVERVIEW
9.2.2 COMPANY INSIGHTS
9.2.3 PRODUCT BENCHMARKING

9.3 ALIMED INC.
9.3.1 COMPANY OVERVIEW
9.3.2 COMPANY INSIGHTS
9.3.3 PRODUCT BENCHMARKING
9.3.4 SWOT ANALYSIS
9.3.5 WINNING IMPERATIVES
9.3.6 CURRENT FOCUS & STRATEGIES
9.3.7 THREAT FROM COMPETITION

9.4 DYNAREX CORPORATION
9.4.1 COMPANY OVERVIEW
9.4.2 COMPANY INSIGHTS
9.4.3 PRODUCTS BENCHMARKING
9.4.4 SWOT ANALYSIS
9.4.5 WINNING IMPERATIVES
9.4.6 CURRENT FOCUS & STRATEGIES
9.4.7 THREAT FROM COMPETITION

9.5 PERFORMANCE HEALTH HOLDING, INC.
9.5.1 COMPANY OVERVIEW
9.5.2 COMPANY INSIGHTS
9.5.3 PRODUCTS BENCHMARKING
9.5.4 SWOT ANALYSIS
9.5.5 WINNING IMPERATIVES
9.5.6 CURRENT FOCUS & STRATEGIES
9.5.7 THREAT FROM COMPETITION

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Gait Belt Market

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