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Canes & Crutches Market Insights

The Canes & Crutches market is projected to grow at a significant CAGR during the forecast period. Technological advancements, improved product design and Government subventions are some factors likely to positively impact the market for canes and crutches during the forecast period. Rise in geriatric and disabled population over the world and orthopedic injuries is further expected to drive the demand for canes and crutches.

Canes and crutches facilitate in the recovery of orthopedic injuries to a great extent. They consist of aluminum rods and tubing and can be adjusted according to the desired size. Patients who cannot afford advanced mobility products such as wheelchairs use canes and crutches extensively due to their reasonable cost and effectiveness. Research and development activities directed at improving product designs of canes and crutches are further likely to drive growth in the market in the coming years.

Canes and Crutches Market

Canes & Crutches Market: By Product

The Canes & Crutches market can be segmented based on basis of product into folding canes, quad canes, offset canes, axillary crutches, elbow crutches and forearm crutches among others. Quad canes are estimated to hold a significant market share in the canes & crutches market owing to their popularity and support while walking. Quad canes have four extended feet at the bottom which makes it easy for the user to balance while walking. Axillary crutches or underarm crutches are estimated to hold the larger market share owing to ease and quality of support provided by them.

Canes & Crutches Market: By Distribution Channel

The canes and crutches market based on distribution channel can be segmented into hospitals, pharmacies, medical retail stores, and e-commerce stores among others. The hospital's segment is estimated to hold the largest market share in terms of revenue during the forecast period which is followed by medical retail stores. The E-commerce segment is projected to grow at the fastest CAGR owing to the availability of a large variety of products and discounted prices.

Canes & Crutches Market: Regional Insights

North America is expected to dominate the Canes & Crutches market, with U.S. being the major contributor. High disposable income of the population and their awareness about providing improved mobility to disabled are come factors driving the market for canes and crutches in the region. Countries in Asia Pacific such as India and China are estimated to lead the Asia Pacific market for canes and crutches in the coming years. This can be attributed to growing geriatric population, rise in disposable income of individuals and development of healthcare reforms in the region.

Canes and Crutches Market

Canes & Crutches Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Canes & Crutches Market: Share & Competitor Analysis

Some of the key players operating in the Canes & Crutches markets are Amigo Mobility International, Inc., Drive Medical, GF Health Products, Inc, American Mobility Products, Inc., Nova Medical Products, Cardinal Health, Carex Health Brands, Inc., Invacare Corporation, Sunrise Medical Laboratories, Inc., and Electric mobility Euro Ltd. among others.

In May 2018, Reid Robinson developed a prototype of Xleg and has launched a campaign to raise money to further develop his product

In September 2013, iWalkFREE launched its iWalk 2.0, a new generation hands-free cane. The device is designed especially for lower leg rehabilitation

 

 

 

The global Canes and Crutches Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Canes and Crutches Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Canes and Crutches Market.

Canes and Crutches Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Canes and Crutches Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Canes and Crutches Market


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Key Deliverables: 

  1. Market sizing in US$ for 2015 & 2016, and estimates for 2017.
  2. Expected Compounded Annual Growth Rate (CAGR) for a eight-year period and projection of market size in 2025
  3. Identification of revenue pockets by analysing largest and fastest growing segments and regions
  4. Key dynamics affecting market growth
  5. Analysis of key players in the market and the key strategies adopted by them to sustain their market position
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