The Canes & Crutches Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Canes & Crutches market 2030?
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.
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Who are the top companies operating in the Canes & Crutches market?
The report features prominent companies operating in the Canes & Crutches market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Canes & Crutches market: 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.
What is the key factor projected to fuel growth in the Canes & Crutches Market between 2024 and 2030?
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.
Canes & Crutches Market - Segmentation Analysis
- By Product Type (Canes, Folding Canes, Quad Canes, Offset Canes, Crutches, Axillary Crutches, Forearm Crutches, Accessories)
- By Distribution Channel (Hospital Pharmacies, Medical Retail Stores, Online Stores, Others (Rehabilitation Centers, Physical Therapy Clinics, etc.))
- By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific),
- By Campany (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, Carex Health Brands (Compass Health Brands), Mikirad, Mobility Designed Incorporated, Royal Canes, Others
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How does the Canes & Crutches Market vary across different geography?
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is the leading region across the Global Canes & Crutches Market due to a rise in healthcare spending & a rising geriatric population.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2019-22) and forecast (2024-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – Canes & Crutches Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Canes & Crutches Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Canes & Crutches Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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