Canes & Crutches Market to reach 9.9% by 2025 in North America and Europe led by DRIVE MEDICAL, mikirad, Ottobock, Cardinal Health, Mobility+Designed, GF Health Products, Medline Industries
The North America and Europe canes & crutches market is expected to reach US$ 5,815.1 Mn in 2025 from US$ 2,740.7 Mn in 2017. The market is estimated to grow with a CAGR of 9.9% from 2018-2025.
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The crutches are kind of mobility aid that transfers weight from the legs to the upper body. Mostly utilized by people that cannot use their legs to support their weight, for reasons ranging from short-term injuries to lifelong disabilities. Similarly, cane is a walking stick used as a crutch or mobility aid. Key factors driving the growth of canes & crutches market are rising numbers of orthopedic surgeries, increasing geriatric population and rise in the number of road accidents.
The report would be of an interest to various stakeholders operating in the canes & crutches market. These stakeholders include healthcare institutes, research institutes, canes & crutches medical mobility aids manufacturers and vendors, research consulting firms, canes & crutches providers, distributors and others.
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• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Canes & Crutches market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The objective of the study is to describe, define, and forecast the canes & crutches market by medical mobility aids class and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall canes & crutches market.
The report analyzes factors affecting market from both demand and supply side and further evaluates canes & crutches market dynamics effecting the canes & crutches market during the forecast period i.e., drivers, challenges and opportunities. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.
Some of the prominent players operating in canes & crutches market globe include, Carex Health Brands (Compass Health Brands), DRIVE MEDICAL, mikirad, Ottobock, Cardinal Health, Inc., Mobility+Designed, LLC, GF Health Products, Inc., Medline Industries, Inc., BESCO Medical Co., Ltd., and Ossenberg GmbH. There have been acquisitions in the canes & crutches market that have helped companies expand their geographical presence. For instance, in June, 2018, Medline acquired Dufort et Lavigne Ltée, a Montreal-based medical supplies distributor. The acquisition has helped Medline extent its presence in Canada.
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