Press release
Canes & Crutches Market Poised to Expand at a Robust Pace by 2025 - Top Companies DRIVE MEDICAL, mikirad, Ottobock, Cardinal Health, Mobility+Designed, LLC, GF Health Products, Medline Industries, BESCO Medical Co. and Ossenberg GmbH
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. The report highlights the trends prevalent in the North America and Europe canes & crutches market and the factors driving the market along with those that act as deterrents to its growth.North America and Europe canes & crutches market, based on the medical mobility aids was segmented as, canes and crutches. In 2017, the crutches segment held the largest share of the market, by medical mobility aids. The segment is also expected to witness growth at a significant rate during the forecast period, as it reduces the pressure exerted on the legs, by transferring the body weight to upper portion of the body. This helps in better mobility of an individual.
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Top Leading 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
The market for canes & crutches is expected to grow significantly due to increasing number of orthopedic surgeries. The rise in the orthopedic surgeries is majorly driven by the surgeries done for the replacements of knee and hip. The surgeries are also been done for the amputations of the limbs due to the damages and injuries caused in the accidents or due to the various diseases.
The number of the surgeries for the amputation is observed for the patients suffering from diabetes and have developed condition of gangrene. For instance, according to the U.S. Agency for Healthcare Research and Quality, in United States approximately 600,000 knee replacement surgeries are performed per year.
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.
Market Segmentations:-
North America and Europe Canes & Crutches Market - By Medical Mobility Aids
• Canes
• Folding Canes
• Quad Canes
• Offset Canes
• Crutches
• Axillary Crutches
• Forearm/ Elbow Crutches
North America and Europe Canes & Crutches Market - By Geography
North America
• U.S
• Canada
Europe
• South Europe
• North Europe
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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, 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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