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Canes & Crutches Market 2020-2027 | Evolving Opportunities with Top Companies like Ottobock, mikirad, Mobility+Designed, Medline Industries, Ossenberg, DRIVE MEDICAL, Carex Health Brands

05-12-2020 02:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Canes & Crutches Market 2020-2027 | Evolving Opportunities with

The North America canes & crutches market is expected to grow with CAGR of 9.9% to US$ 4,714.8 Mn 2025 from US$ 2,223.6 Mn in 2017. Factors such as, advancements of healthcare system, increasing number of people with orthopedic disabilities, increasing technological developments done in US and Canada, are likely to grow the market in the forecast period.

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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Some of the prominent players operating in North America and Europe canes & crutches market 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.

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.

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 treatment of the orthopedic conditions and musculoskeletal diseases have become simpler due to the help of the advancement in the technologies. As compared to consuming heavy dose medicines and hectic therapies, the use of canes & crutches have helped the patients to regain their mobility. The advantages of canes & crutches has helped various patients to move along with the other normal people. Also the healthcare expenditure have created lots of opportunities for the developing nations to provides better and more services and facilities to their people.

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Reason To Buy This Report

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the 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 North America and Europe canes & crutches market, thereby allowing players across the value chain to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth North America and Europe 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 security interest with respect to client products, segmentation, pricing and distribution.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

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