Medical Specialties News

Canes & Crutches Market Forecast to 2027 – Future Prospects with Leading Key Players Carex Health Brands, DRIVE MEDICAL, mikirad, Ottobock, Cardinal Health, Inc.

Canes & Crutches Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and market data validated by three approaches including top companies’ revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in the report that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.

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The global canes & crutches market is expected to reach US$ 11,164.5 Mn in 2025 from US$ 5,358.0 Mn in 2017. The market is estimated to grow with a CAGR of 9.6% from 2018-2025, owing to factors such as growing awareness about canes & crutches and rising prevalence of orthopedic disabilities. North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period.

Companies Mentioned:

  • Carex Health Brands (Compass Health Brands)
  • mikirad
  • Ottobock
  • Cardinal Health, Inc.
  • Mobility+Designed, LLC
  • GF Health Products, Inc.
  • Medline Industries, Inc.
  • BESCO Medical Co., Ltd.
  • Ossenberg GmbH

Segmentation Analysis:

The medical mobility aids segment of the canes & crutches market is segmented into canes and crutches market. The crutches is the largest segment among the medical mobility aids segment in the canes & crutches market in 2017 and is also anticipated to hold the largest market in the year 2025. The crutches segment is the fastest growing segment and is accounted to grow at the CAGR of 9.6% over the forecast years.

Market Insights

Increase in the Number of Orthopaedic Surgeries

The rise in the orthopedic surgeries is majorly driven by the surgeries done for the replacements of knee and hip. The surgeries are also been done for the amputations of the limbs due to the damages and injuries caused in the accidents or due to the various diseases. The number of the surgeries for the amputation is observed for the patients suffering from diabetes and have developed condition of gangrene. For instance, according to the U.S. Agency for Healthcare Research and Quality, in United States approximately 600,000 knee replacement surgeries are performed per year.

The report Canes & Crutches Market gives varied description about the segmentation of the market on the basis of segmented type, application and region, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2020 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Canes & Crutches market.

Key Elements that the report acknowledges:

  • Market size and growth rate during forecast period.
  • Key factors driving the “Canes & Crutches ” market.
  • Key market trends cracking up the growth of the “Canes & Crutches ” market.
  • Challenges to market growth.
  • Key vendors of “Canes & Crutches ” market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global “Canes & Crutches ” market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Canes & Crutches market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

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Sandesh Ilhe
Sandesh Ilhe
With an Engineers degree in Advanced Database Management and Information Security, Sandesh brings the deep understanding of the digital world to the table. His articles reflect the challenges and the complexities that come along with every disruption in the industry. He carries over six years of experience on working with websites and ensuring that the right article reaches the right reader.