Gait Biometric Market Report: Trends, Forecast and Competitive Analysis to 2030

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?