Overview

Canes and Crutches Market is estimated to value over USD 7.5 billion by 2027 end and register a CAGR of over 9.1% during the forecast period 2020 to 2027.

An ever-increasing geriatric population and rise in a number of disabled population lead to an increase in usage of walking aid devices such as walkers, rollators and canes and crutches to mobility assistive devices like wheelchairs.

With rising manufacturing costs as opposed to the practices, the manufacturers of medical devices are striving to generate sufficient revenue. The emerging economies in the developing nations are projected to be an integral factor offering profitable and better global canes and crutches market growth opportunities for the major market players to expand their geographic reach and business.

However, the use of walking aids like canes and crutches, walkers are considered a social stigma. In some cultures, around the world, disability is considered as a curse, a sign of helplessness or dependency. Although the number of people using mobility aids publicly such as frames, scooters and sticks, people still are uncomfortable when they have to use mobility equipment themselves. Assistive devices have been regarded as a symbol of incapability to perform simple physical activities. All these factors shall impede the global canes and crutches market growth significantly.

Key market players include Drive DeVilbiss Healthcare (Medical Depot, Inc.), Cardinal Health, Inc., Medline Industries, Inc., GF Health Products, Inc., NOVA Medical Products, Invacare Corporation, Ergoactives, Sunrise Medica.

Global Cane and Crutches Market Segmentation:

By Product

· Canes

o Folding Canes

o Quad Canes

o Offset Canes

· Crutches

o Axillary Crutches

o Forearm Crutches

· Accessories

By Distribution

· Hospital Pharmacies

· Medical Retail Stores

· Online Stores

By Region

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

FutureWise Key Takeaways:

• Growth prospects

• SWOT analysis

• Key trends

• Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global cane and crutches market by product, by distribution and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies