According to Markntel Advisors Report, Canes & Crutches Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Canes & crutches are mobility aids designed to assist individuals with walking and maintaining balance, particularly when they have physical limitations or injuries affecting their ability to walk without support.
Global Canes & Crutches Market Research Report & Summary:
The Global Canes & Crutches Market was valued at USD 750 million in 2022 and is estimated to grow at a CAGR of around 4.1% during the forecast period, i.e., 2024-30.
Time Period Captured in the Report:
· Historical Years: 2019-22
· Base Years: 2023
· Forecast Years: 2024-30
Who are the Key Players Operating in the Canes & Crutches Market?
The top companies of the Canes & Crutches Market ruling the industry are:
Drive DeVilbiss Healthcare Ossenberg GmbH, Ergoactives, NOVA Medical Products, GF Health Products Inc., Sunrise Medical Limited, Besco Medical Co., Ltd, Invacare Corporation, Medline Industries, Inc., Cardinal Health, Inc, Ottobock, Others
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What is Included in Canes & Crutches Market Segmentation?
The Canes & Crutches Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Product Type
-Canes- Market Size & Forecast 2019-2030F, USD Million
-Folding Canes- Market Size & Forecast 2019-2030F, USD Million
-Quad Canes- Market Size & Forecast 2019-2030F, USD Million
-Offset Canes- Market Size & Forecast 2019-2030F, USD Million
-Crutches- Market Size & Forecast 2019-2030F, USD Million
-Axillary Crutches- Market Size & Forecast 2019-2030F, USD Million
-Forearm Crutches- Market Size & Forecast 2019-2030F, USD Million
-Accessories- Market Size & Forecast 2019-2030F, USD Million
-By Distribution Channel
-Hospital Pharmacies- Market Size & Forecast 2019-2030F, USD Million
-Medical Retail Stores- Market Size & Forecast 2019-2030F, USD Million
-Online Stores- Market Size & Forecast 2019-2030F, USD Million
-Others (Rehabilitation Centers, Physical Therapy Clinics, etc.)- Market Size & Forecast 2019-2030F, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Canes & Crutches Market Analysis Report – https://www.marknteladvisors.com/research-library/canes-crutches-market.html
Global Canes & Crutches Market Driver:
Mounting Geriatric Population to Amplify the Market Growth – The growing geriatric or elderly population across numerous countries worldwide is influencing the demand graph for canes & crutches. In recent years, the lifestyle & eating habits of individuals have changed, which may result in autoimmune diseases such as rheumatoid arthritis & other joints related problems.
Moreover, the rising prevalence of conditions like rheumatoid arthritis and other disabilities is actively propelling the expansion of the Canes & Crutches Market. For example, according to the World Population Prospects, the global population aged 65 and above reached 771 million in 2022, and this figure is anticipated to increase to 994 million by 2030 and further to 1.6 billion by 2050. This substantial growth in the elderly population worldwide is expected to generate increased demand for canes and crutches, thereby fostering market growth.
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