Markntel Advisors’ report, Canes & Crutches Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Canes & Crutches presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Canes & Crutches Market Research Report & Market 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. Rising geriatric populations, arthritis, musculoskeletal disorders, ankylosing spondylitis, increasing incidence of osteoporosis, and accidental disabilities are anticipated to mount the Global Canes & Crutches Market size in the coming years. These walking aids are the most used type of assistive technology & are also included in the priority assistive list product of WHO.

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Canes & Crutches Market Dynamics:

Key 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.

Canes & Crutches Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

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

The Cane segment accounted for the largest share of the Canes & Crutches Market during the historical period and is estimated to follow the same trend in the future years.

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

The Online Stores captured a dominant share of the Canes & Crutches Market during 2022 and are expected to be one of the lucrative distribution channels in the years ahead due to the increasing popularity of online purchases & the availability of better rates with discounts.

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.

As indicated in the latest market research report published by Markntel Advisors, “Canes & Crutches Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Canes & Crutches industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/canes-crutches-market.html

Top Companies Operating in the 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
• Carex Health Brands (Compass Health Brands)
• Mikirad
• Mobility Designed Incorporated
• Royal Canes
•  

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Other Report:

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Key Report Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & Canes & Crutches Market adoption?
5. How has the competition been shaping up across the geography?

6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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