Medical Crutches are a type of mobility tool that offers support to an individual so that he can transfer the weight of his body from his legs to the upper body. These aids are specifically used by people who are suffering from chronic disease and short-term injuries. According to the analyst, the major factors that are driving the growth of Medical Crutches market are the increase in accidents occurring all across the globe. Also, the rise in life long disabilities and the advancement in the development of medical crutches is increasing the growth of Medical Crutches market. According to the survey of the World Health Organization and the comprehensive report by the U.S. Census Bureau in the year 2019, around 56.7 million people had a disability which led to an increase in the growth rate of Medical Crutches market.
“Global Medical Crutches market was valued at USD 242.18 million in 2021 and is expected to reach USD 333.57 million by the year 2028, at a CAGR of 4.68%.”
The latest research on the Medical Crutches market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Medical Crutches industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Medical Crutches market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Top Company Profiles Include in Medical Crutches Market report:
Sunrise Medical,,Nova Medical Products,Millennial Medical,Valley Tool & Die,IWALKFree,Cardinal Health,Home Medical Products,New York Millennium Pharmaceutical,AMG Medical,Breg,Chinesport.
Market Segmentation
Product Type Insights:
In this segment, the Underarm crutch and Forearm Crutch segment are accounted for the largest Medical Crutches market segment with the market share of 20.61% and 36.21% respectively, and are estimated to have a market size of USD 64.89 million and USD 109 million in the year 2026 with the CAGR of 4.70% and 4.58% respectively.
Material Type Insights:
In this segment, the Metal Alloys segment is accounted for the largest Medical Crutches market segment with a market share of 58.32% and estimated to have a market size of USD 185.64 million in the year 2026 with a CAGR of 4.69%.
Regional Insights:
The medical Crutches market is growing rapidly in the North-America region. North-America is accounted for the largest market share of 36.12% across the globe with a CAGR of 16.58% and a market size of USD 69.45 million in the year 2026. While Europe is the second largest region followed by Asia-Pacific with the CAGR of 4.90% and 4.75% respectively with the expected market size of USD 42.63 million and USD 64.12 million in the year 2026 respectively.
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Important Facts of the Medical Crutches Market Report:
- The report combines the essential historical data and analysis required for a comprehensive research report.
- This research report includes a Global Medical Crutches market overview, market share, demand and supply ratios, supply chain analysis and import/export details.
- The report provides information such as production values, strategies adopted by market players and the products/services they offer.
- Company profiling with comprehensive strategy, financial details and recent progress.
- The report offers a complete forecast of the global market by product, application, and region.
Medical Crutches Market Report contains market data from 2023 to 2030, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2023to 2030. Detailed sales channels are also covered in the study.
Report Highlights:
· A complete analysis of the market, including the parent industry
· Important market dynamics and trends
· Market segmentation
· Historical, current, and projected size of the market based on value and volume
· Market shares and strategies of key players
· Recommendations to companies for strengthening their foothold in the market
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