The latest report by MarkNtel Advisors, titled “Canes & Crutches Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Canes & Crutches Market Share, Size, and Industry 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). 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.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Canes & Crutches Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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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.
Canes & Crutches Market Segmentation
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
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Major Key Players in Canes & Crutches Market research report:
Ossenberg GmbH
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Ergoactives
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
NOVA Medical Products
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
GF Health Products Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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