"The best-in-class Canes and Crutches Market research report provides comprehensive insights into the Canes and Crutches Market industry based on business intelligence. Businesses can leverage this market report to gain superior expertise on the best market opportunities in their relevant markets. The report assesses market potential for each geographical region, considering growth rates, macroeconomic parameters, consumer buying patterns, product preferences, and market demand and supply scenarios. The reliable Canes and Crutches Market business report estimates CAGR values for the Canes and Crutches Market industry, indicating its rise or fall for the forecast period of 2021 to 2028.
The Global Canes and Crutches Market report is crafted using integrated approaches and the latest technology, yielding optimal results. This market report highlights categorization by companies, region, type, and end-use industry. The report meticulously studies and analyzes facts and figures about market segmentation, presenting them in the form of graphs for better end-user understanding. Businesses can utilize this information and data to make informed decisions about business strategies and achieve maximum return on investment (ROI). The Canes and Crutches Market analysis document provides insights into CAGR value fluctuations with respect to the rise or fall for the defined forecast period.
Data Bridge Market Research analyses that the canes and crutches market which is USD 1025.57 million in 2022, is expected to reach USD 1458.46 million by 2030, at a CAGR of 4.5% during the forecast period 2023 to 2030.
Explore Further Details about This Research Canes and Crutches Market Report https://www.databridgemarketresearch.com/reports/global-canes-and-crutches-market
Canes and Crutches Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Product Type (Accessories, Canes, Crutches), Distribution Channel (Hospital Pharmacies, E-Commerce Stores, Medical Retail Stores, Online Stores) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Carex (U.S.), mikirad (India), Medical Depot (U.S.), OttoBock (Germany), Cardinal Health (U.S.), Mobility Designed Incorporated (U.S.), GF Health Products, Inc. (U.S.), Medline Industries, Inc. (U.S.), Besco Medical Limited (India), Ossenberg GmbH (Germany), NOVA Medical Products (India), Sunrise Medical (Canada), HHW CARE PRODUCTS India Private Limited (India), Saket Ortho Rehab International Private Limited (India), Indian Healthcare Company (India) and Young India Impex (India) |
Market Opportunities |
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Market Definition
Canes and crutches are personal mobility devices that help geriatrics and people with disabilities live better lives. These are assistive devices that assist a person with ambulation or walking disability following a surgical procedure or operation. Furthermore, most people want to maintain their independence as they age. Fall is one of the most serious threats to independence. It is natural to trip and fall from time to time but falls become more common and dangerous as people age. Canes, crutches, and other walking aids and mobility aids, such as wheelchairs, have been designed to assist elderly people who have difficulty moving around safely.
Canes and Crutches Market Dynamics
Drivers
- Increase in global geriatric population and rise in population
The growing geriatric population is a major driver of the canes and crutches market. Rheumatoid arthritis and ligament injuries are both common diseases among the elderly. Aging is associated with a decline in long-term caregiving support. The population is rapidly ageing, necessitating the use of various types of canes and crutches to maintain stability while walking. According to the UN, the geriatric population aged 60 and up is expected to double by 2050 and triple by 2100, rising from 962 million in 2017 to 2.1 billion in 2050 and 3.1 billion in 2100. Furthermore, the growing number of people with disabilities contributes to the expansion of the global canes and crutches market.
Opportunities
- Rise in popularity of online purchase
Online stores are expected to be a highly profitable segment during the forecast period. The segment is likely to be driven by an increase in the popularity of online purchases and better discount rates available in these stores. In 2021, the medical retail stores segment accounted for a sizable portion of the global canes and crutches market. The segment is expected to maintain its canes and crutches market share during the forecast period due to an increase in the number of medical retail stores and the easy availability of canes and crutches in these stores.
Table of Contents:
- Canes and Crutches Market Overview
- Economic Impact on Industry
- Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Canes and Crutches Market Strategy Analysis, Distributors/Traders
- Canes and Crutches Market Effect Factors Analysis
- Canes and Crutches Market Forecast
- Appendix
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