Cane & Crutch Trends and Forecast
The future of the global cane & crutch market looks promising with opportunities in the hospital pharmacies, medical retail stores, and online stores markets. The global cane & crutch market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are increase in musculoskeletal disorders associated with the growing elderly population and rising incidence of osteoporosis, ankylosing spondylitis, and arthritis.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cane & Crutch by Segment
The study includes a forecast for the global cane & crutch by product, distribution channel, and region.
Cane & Crutch Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Canes
• Crutches
• Accessories
• Others
Cane & Crutch Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Hospital Pharmacies
• Medical Retail Stores
• Online Stores
• Other
Cane & Crutch Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cane & Crutch Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cane & crutch companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cane & crutch companies profiled in this report include-
• Drive DeVilbiss Healthcare
• Cardinal Health
• Medline Industries
• GF Health Products
• NOVA Medical Products
• Invacare
• Ergoactives
Cane & Crutch Market Insights
Lucintel forecasts that canes will remain the largest segment over the forecast period due to rise in the elderly population and growing number of people with disabilities.
Within this market, online stores will remain the largest segment.
North America will remain the largest region over the forecast period due to elevated occurrence of conditions like arthritis and osteoporosis, coupled with a well-established healthcare infrastructure.
Features of the Global Cane & Crutch Market
Market Size Estimates: Cane & crutch market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cane & crutch market size by product, distribution channel, and region in terms of value ($B).
Regional Analysis: Cane & crutch market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, distribution channels, and regions for the cane & crutch market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cane & crutch market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cane & crutch market size?
Answer: The global cane & crutch market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for cane & crutch market?
Answer: The global cane & crutch market is expected to grow with a CAGR of 3.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cane & crutch market?
Answer: The major drivers for this market are increase in musculoskeletal disorders associated with the growing elderly population and rising incidence of osteoporosis, ankylosing spondylitis, and arthritis.
Q4. What are the major segments for cane & crutch market?
Answer: The future of the cane & crutch market looks promising with opportunities in the hospital pharmacies, medical retail stores, and online stores markets.
Q5. Who are the key cane & crutch market companies?
Answer: Some of the key cane & crutch companies are as follows:
• Drive DeVilbiss Healthcare
• Cardinal Health
• Medline Industries
• GF Health Products
• NOVA Medical Products
• Invacare
• Ergoactives
Q6. Which cane & crutch market segment will be the largest in future?
Answer: Lucintel forecasts that canes will remain the largest segment over the forecast period due to rise in the elderly population and growing number of people with disabilities.
Q7. In cane & crutch market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to elevated occurrence of conditions like arthritis and osteoporosis, coupled with a well-established healthcare infrastructure.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cane & crutch market by product (canes, crutches, accessories, and others), distribution channel (hospital pharmacies, medical retail stores, online stores, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cane & Crutch Market, Cane & Crutch Market Size, Cane & Crutch Market Growth, Cane & Crutch Market Analysis, Cane & Crutch Market Report, Cane & Crutch Market Share, Cane & Crutch Market Trends, Cane & Crutch Market Forecast, Cane & Crutch Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.