Canes and Crutches Market Size By Product, By Distribution Channel, By Geographic Scope And Forecast


Posted February 11, 2021 by smithjenny22119

According to Verified Market Research, The Global Canes and Crutches Market was valued at USD 845.10 Million in 2019 and is projected to reach USD 1,119.31 Million by 2027, growing at a CAGR of 3.59 % from 2020 to 2027.
 
Canes and Crutches Market Size And Forecast
The Global Canes and Crutches Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Canes and Crutches Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

According to Verified Market Research, The Global Canes and Crutches Market was valued at USD 845.10 Million in 2019 and is projected to reach USD 1,119.31 Million by 2027, growing at a CAGR of 3.59 % from 2020 to 2027.

What are Canes and Crutches?
Canes and crutches are personal mobility devices that help to improve the quality and ease of life of the elderly and people with disabilities. These equipment are assistive devices or ambulatory devices that support an individual with walking disability or ambulation and after surgical operations. The crutch is assistive support which shifts the weight from legs to the upper body. Canes are used as walking aids that distribute the weight in the body, improve stability, and helps maintain balance.

There are five types of crutches – axillary, forearm, platform, strutter, and leg support. Axillary crutch is the most common type used. The canes have four components – handle, column, shaft, and ferrule. These are used commonly in cases of fracture, arthritis, obesity, walking impairment, developmental disabilities, and balancing problems among others. Canes and crutches provide more self-dependence and self-confidence to the people facing difficulties in moving.

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Global Canes and Crutches Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The rise in the geriatric population, musculoskeletal disorders, the growing prevalence of osteoporosis, ankylosing spondylitis, and arthritis is expected to fuel the growth of the global canes and crutches market. Moreover, the increasing number of hips, knees, and joint replacement surgeries are some other factors contributing to the growth of the market.

Whereas, the social stigma with the use of canes and crutches hampers the overall market growth. The emerging economies in the developing nations are estimated to be the major factor offering profitable and better global canes and crutches market growth opportunities for the market players to enlarge their geographic reach and business.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Canes and Crutches Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Canes and Crutches Market Competitive Landscape
The “Global Canes and Crutches Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Drive DeVilbiss Healthcare (Medical Depot Inc.), Cardinal Health Inc., Medline Industries Inc., GF Health Products Inc., NOVA Medical Products, Invacare Corporation, Ergoactives, Sunrise Medica, and Others. 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 its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Canes and Crutches Market, By Product
• Canes
• Crutches
• Accessories
• Others

Canes and Crutches Market, By Distribution Channel
• Hospital Pharmacies
• Medical Retail Stores
• Online Stores
• Other

Canes and Crutches Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

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Last Updated February 11, 2021