Press release
Canes & Crutches Market will Grow with a CAGR of 9.9% with Players Like DRIVE MEDICAL, mikirad, Ottobock, Cardinal Health, Inc., Mobility+Designed, LLC, GF Health Products, Inc., Medline Industries, Inc
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 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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Leading Canes & Crutches Market Players:
1. Carex Health Brands (Compass Health Brands)
2. DRIVE MEDICAL
3. mikirad
4. Ottobock
5. Cardinal Health, Inc.
6. Mobility+Designed, LLC
7. GF Health Products, Inc.
8. Medline Industries, Inc.
9. BESCO Medical Co., Ltd.
10. 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.
Canes & crutches market is segmented as medical mobility aids. On the basis of medical mobility aids, the market is segmented as canes and crutches. The segment of canes is further segmented as, folding canes, quad canes and offset canes. The crutches segment are classified as, axillary crutches and forearm/elbow crutches.
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.
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.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Canes & Crutches Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Canes & Crutches Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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