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Gait Biometric Trends and Forecast
The future of the global gait biometric market looks promising with opportunities in the healthcare, sports, security, and research markets. The global gait biometric market is expected to grow with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growing need for fully network-protected secure authentication systems and solutions, rising demand for cost-effective security solutions, and rising number of governmental and private institutions using gait biometrics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Gait Biometric by Segment
The study includes a forecast for the global gait biometric by type, application, and region.
Gait Biometric Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Assessment
• Treatment
• Monitoring
Gait Biometric Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Healthcare
• Sports
• Security
• Research
• Others
Gait Biometric Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Gait Biometric Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gait biometric companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gait biometric companies profiled in this report include-
• Biosensics
• Bodytech Australia
• CIR Systems
• Innovative Sports Training
• Mar Systems
• Medical Motion
• Mindmaze
• Motek Medical
• Motion Analysis
• Noraxon
Gait Biometric Market Insights
Lucintel forecasts that assessment will remain the largest segment due to high frequency of gait abnormalities in the elderly population.
North America will remain the largest region due to increasing use of gait biometrics in the medical field to provide novel diagnostics, therapeutic interventions, and therapies.
Features of the Global Gait Biometric Market
Market Size Estimates: Gait biometric market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Gait biometric market size by type, application, and region in terms of value ($B).
Regional Analysis: Gait biometric market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the gait biometric market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gait biometric market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for gait biometric market?
Answer: The global gait biometric market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the gait biometric market?
Answer: The major drivers for this market are growing need for fully network-protected secure authentication systems and solutions, rising demand for cost-effective security solutions, and rising number of governmental and private institutions using gait biometrics.
Q3. What are the major segments for gait biometric market?
Answer: The future of the global gait biometric market looks promising with opportunities in the healthcare, sports, security, and research markets.
Q4. Who are the key gait biometric market companies?
Answer: Some of the key gait biometric companies are as follows:
• Biosensics
• Bodytech Australia
• CIR Systems
• Innovative Sports Training
• Mar Systems
• Medical Motion
• Mindmaze
• Motek Medical
• Motion Analysis
• Noraxon
Q5. Which gait biometric market segment will be the largest in future?
Answer: Lucintel forecasts that assessment will remain the largest segment due to high frequency of gait abnormalities in the elderly population.
Q6. In gait biometric market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to increasing use of gait biometrics in the medical field to provide novel diagnostics, therapeutic interventions, and therapies.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the gait biometric market by type (assessment, treatment, and monitoring), application (healthcare, sports, security, research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Gait Biometric Market, Gait Biometric Market Size, Gait Biometric Market Growth, Gait Biometric Market Analysis, Gait Biometric Market Report, Gait Biometric Market Share, Gait Biometric Market Trends, Gait Biometric Market Forecast, Gait Biometric Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Gait Biometric Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Gait Biometric Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Gait Biometric Market by Type
3.3.1: Assessment
3.3.2: Treatment
3.3.3: Monitoring
3.4: Global Gait Biometric Market by Application
3.4.1: Healthcare
3.4.2: Sports
3.4.3: Security
3.4.4: Research
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Gait Biometric Market by Region
4.2: North American Gait Biometric Market
4.2.2: North American Gait Biometric Market by Application: Healthcare, Sports, Security, Research, and Others
4.3: European Gait Biometric Market
4.3.1: European Gait Biometric Market by Type: Assessment, Treatment, and Monitoring
4.3.2: European Gait Biometric Market by Application: Healthcare, Sports, Security, Research, and Others
4.4: APAC Gait Biometric Market
4.4.1: APAC Gait Biometric Market by Type: Assessment, Treatment, and Monitoring
4.4.2: APAC Gait Biometric Market by Application: Healthcare, Sports, Security, Research, and Others
4.5: ROW Gait Biometric Market
4.5.1: ROW Gait Biometric Market by Type: Assessment, Treatment, and Monitoring
4.5.2: ROW Gait Biometric Market by Application: Healthcare, Sports, Security, Research, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Gait Biometric Market by Type
6.1.2: Growth Opportunities for the Global Gait Biometric Market by Application
6.1.3: Growth Opportunities for the Global Gait Biometric Market by Region
6.2: Emerging Trends in the Global Gait Biometric Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Gait Biometric Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Gait Biometric Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BioSensics
7.2: Bodytech Australia
7.3: CIR Systems
7.4: Innovative Sports Training
7.5: Mar Systems
7.6: Medical Motion
7.7: MindMaze
7.8: Motek Medical
7.9: Motion Analysis
7.10: Noraxon
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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