Global Medical Crutches Market is expected to foresee significant growth. APAC to lead the growth!
- Vikas Kumar
- October 22, 2022
- HEALTHCARE, NEWS
- Medical Crutches Market, Medical Crutches Market Analysis, Medical Crutches Market forecast, Medical Crutches Market Growth, Medical Crutches Market Share, Medical Crutches Market Size, Medical Crutches Market Trend
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Crutches are artificial supports, made of wood or metal, used by those who need aid in walking because of injury, disease, or birth defects. The increasing number of accidents and the rising number of surgeries are the important factors that drive the market for medical crutches. For instance, as per the WHO, between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability because of their injury. Furthermore, technological advancements in the field of medical crutches are also responsible for the market growth of medical crutches.
The medical crutches market is expected to grow at a steady rate of around 7% owing to the rising cases of cancer diseases. Major companies in the market offer Sunrise Medical, Nova Medical Products, Millennial Medical, Valley Tool & Die Inc., IWALKFree Inc., Cardinal Health, Home Medical Products Inc., New York Millennium Pharmaceutical Co. Ltd., AMG Medical, Breg Inc.
For a detailed analysis of the Global Medical Crutches Market browse through https://univdatos.com/report/medical-crutches-market/
Based on the product, the market has been categorized into an underarm crutch, forearm crutch, tetrapod crutch, leg support crutch, platform crutch, and others. Among them, the underarm crutch segment is expected to have significant growth in the market. The rising number of surgeries coupled with the high prevalence of the disorders that cause long-term disability are the important factors that drive the segmental growth of underarm crutches. For instance, 310 million major surgeries are performed each year, and around 40 to 50 million in the USA and 20 million in Europe.
Based on the material, the market has been categorized into wood, metal alloys, carbon or glass fiber reinforced composites, thermoplastic, and carbon fiber reinforced polymer. Among them, the carbon fiber reinforced polymer segment is expected to have significant growth in the market during the forecast period. This is mainly due to the higher tensile strength, rigidity, and environmental resistance of the carbon fibers. Furthermore, the increasing geriatric population with the rising incidences of permanent disability rises the demand for carbon fiber polymer in crutches.
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For a better understanding of the market adoption of the medical crutches industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. APAC constitutes a significant medical crutches market due to the presence of a large population and a higher number of reported accidents in the region. For instance, as per the national crime bureau report 2019, a total of 437,396 road accidents, 27,987 railway accidents, and 1,788 railway crossing accidents were reported in India 2019.
Some of the major players operating in the market include Sunrise Medical, Nova Medical Products, Millennial Medical, Valley Tool & Die Inc., IWALKFree Inc., Cardinal Health, Home Medical Products Inc., New York Millennium Pharmaceutical Co. Ltd., AMG Medical, Breg Inc.
Global Medical Crutches Market Segmentation
Market Insight, by Product
Market Insight, by Material
Market Insight, by Region
- North America
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- Sunrise Medical
- Nova Medical Products
- Millennial Medical
- Valley Tool & Die Inc.
- IWALKFree Inc.
- Cardinal Health
- Home Medical Products Inc.
- New York Millennium Pharmaceutical Co. Ltd.
- AMG Medical
- Breg Inc.