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Medical Crutches Market To Reach Value Of USD 7.03 Billion By The Year 2028, States Introspective Market Research Study

10-10-2022 11:11 AM CET | Health & Medicine

Press release from: Introspective Market Research

Medical Crutches Market To Reach Value Of USD 7.03 Billion By

Market Overview:
Global Medical Crutches market was valued at USD 242.18 million in 2021 and is expected to reach USD 333.57 million by the year 2028, at a CAGR of 4.68%
Crutches are medical devices designed to aid in walking by transferring body weight from the legs to the trunk and arms. They are mainly used to help people with lower extremity injuries and/or neurological disorders. This activity describes the types of crutches, their indications and contraindications, and highlights the role of the expert team in the appropriate assessment and training of patients in need of ambulatory equipment. They are used by people with short-term injuries or chronic disabilities.

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Market Dynamics:
Driver:
The growth of the market is driven by factors such as increasing number of accidents occurring globally leading to disability and technological advancements in the field medical crutches. The increase in geriatric population, musculoskeletal disorders and increasing prevalence of osteoporosis, ankylosing spondylitis and arthritis are believed to drive the global medical crutches market. Also, increasing number of hips, knee and joint replacement surgeries are some of the other factors driving the market expansion. Sports-related amputations, age-related problems and occupational injuries, as well as the increase in the number of people with disabilities, are some of the key factors driving the medical crutches market.

Opportunities:
In addition, the approval of new designs of medical crutches by regulatory agencies for large companies is expected to boost the growth of the global medical crutches market during the forecast period. For instance, in January 2018, Mobility Designing LLC received European Health Authority approval for its medical crutches. The crutch is made of anti-bacterial material and has an articulated arm that allows free movement of the hand that is not possible with conventional crutches. Developing economies are expected to be key players providing better profitability and growth opportunities in the Medical Crutches Market for market players to expand their geographic reach and business. surname. In addition, spending on health has created many opportunities for developing economies to provide increasingly better amenities and services to their citizens.

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Market Segmentation
Product Type Insights:
In this segment, the Underarm crutch and Forearm Crutch segment are accounted for the largest Medical Crutches market segment with the market share of 20.61% and 36.21% respectively, and are estimated to have a market size of USD 64.89 million and USD 109 million in the year 2026 with the CAGR of 4.70% and 4.58% respectively.

Material Type Insights:
In this segment, the Metal Alloys segment is accounted for the largest Medical Crutches market segment with a market share of 58.32% and estimated to have a market size of USD 185.64 million in the year 2026 with a CAGR of 4.69%.

By Type
• Underarm Crutch
• Forearm Crutch
• tetrapod Crutch
• Leg Support Crutch
• Platform Crutch
• Others

By Material Type
• Wood
• Metal Alloys
• Carbon or Glass Fiber Reinforced Composites
• Thermoplastics
• Carbon Fiber Reinforced Polymer

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Regional Insights:
The medical Crutches market is growing rapidly in the North-America region. North-America is accounted for the largest market share of 36.12% across the globe with a CAGR of 16.58% and a market size of USD 69.45 million in the year 2026. While Europe is the second largest region followed by Asia-Pacific with the CAGR of 4.90% and 4.75% respectively with the expected market size of USD 42.63 million and USD 64.12 million in the year 2026 respectively.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

Major Key Players Considered in the Market
• Sunrise Medical,
• Nova Medical Products
• Millennial Medical
• Valley Tool & Die
• IWALKFree
• Cardinal Health
• Home Medical Products
• New York Millennium Pharmaceutical
• AMG Medical
• Breg
• Chinesport.

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Table OF Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Material Type

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Medical Crutches Market by Type
 5.1 Medical Crutches Market Overview Snapshot and Growth Engine
 5.2 Medical Crutches Market Overview
 5.3 Underarm Crutch
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Underarm Crutch: Grographic Segmentation
 5.4 Forearm Crutch
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Forearm Crutch: Grographic Segmentation
 5.5 tetrapod Crutch
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 tetrapod Crutch: Grographic Segmentation
 5.6 Leg Support Crutch
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Leg Support Crutch: Grographic Segmentation
 5.7 Platform Crutch
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Platform Crutch: Grographic Segmentation
 5.8 Others
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size (2016-2028F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Others: Grographic Segmentation

Chapter 6: Medical Crutches Market by Material Type
To Be Continue…
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https://introspectivemarketresearch.com/reports/pain-relief-patches-market/
https://introspectivemarketresearch.com/reports/height-adjustable-walking-aid-market/
https://introspectivemarketresearch.com/reports/vertical-farming-market/

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Chicago, Illinois
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Ph no: +1-773-382-1047

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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