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 & 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 & 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
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