Global Medical Crutches Market Size study & Forecast, by Product ( Underarm Crutch, Forearm Crutch, Tetrapod Crutch, Leg Support Crutch and Others) by Material (Wood, Metal Alloy , Carbon Or Glass Fiber Reinforced Composite and Others), by End Use( Children, Adults and Others) and Regional Analysis, 2022-2029
Global Medical Crutches Market is valued approximately USD 683.10 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.50% over the forecast period 2022-2029. Medical crutches are a form of mobility tool that make it easier for people to shift their weight from their legs to their upper bodies. People who suffer from temporary disabilities or long-term disabilities use these medical crutches.The Medical Crutches market is expanding because of factors such as high prevalence of bone related diseases such as osteoporosis, arthritis and other and significant number of people suffering from non - fatal injuries. However, availability of alternatives such as knee walker and wheelchairs may halt market growth.
The Organization for Economic Cooperation and Development (OECD) reports that the countries with the greatest rates of traffic accidents in 2021 were Japan, Korea, Germany, and Italy.
In Japan, there were around 361,562 injuries from traffic accidents in 2021, compared to 323,129 injuries in Germany. Additionally, the UNICEF reported that around 240 million children be born with a disability in November 2021. Additionally, according to the WHO, vehicle traffic accidents are the number one killer of children. As a result, high prevelance of accidents and disabilities is augumenting the market growth. In addition, high incidence of limb loss and product launches activities is creating a lucrative growth to the market.
The key regions considered for the Global Medical Crutches Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to increasingly ageing population, the presence of favorable government regulations, and the development of advanced healthcare infrastructure are some of the factors causing its large share. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, rising road accidents, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.
Major market player included in this report are:
Sunrise Medical
Nova Medical Products
Millennial Medical
Chinesport
IWALKFree
Cardinal Health
Home Medical Products
New York Millennium Pharmaceutical
AMG Medical
Breg, Inc
Recent Developments in the Market:
In August 2019, Flexmotiv introduced slip-resistant crutches for aged and crippled that lessen jarring forces while walking by up to 5–10%.
In December 2018, GF Health Products, Inc. relocated its new worldwide headquarters to Gwinnett County, United States. It opened a retail and production centre for its personal aids, including wheelchairs, canes, and crutches.
Global Medical Crutches Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Material , End Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Underarm Crutch
Forearm Crutch
Tetrapod Crutch
Leg Support Crutch
Others
By Material:
Wood
Metal Alloy
Carbon Or Glass Fiber Reinforced Composite
Others
By End Use:
Children
Adults
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned
Sunrise Medical
Nova Medical Products
Millennial Medical
Chinesport
IWALKFree
Cardinal Health
Home Medical Products
New York Millennium Pharmaceutical
AMG Medical
Breg, Inc
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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