Europe (Italy and Germany) Dominates The Canes and Crutches Market By 2032 | Fact.MR Study – Medgadget

October 28th, 2022 Releases
Canes and Crutches Market to Surpass US$ 1.2 Bn by 2027 Amid Rising Prevalence of Osteoporosis and Arthritis Worldwide
Fact.MR’s latest report provides a thorough analysis of canes and crutches market dynamics along with emerging trends and opportunities. The report further explicates the drivers and restraints affecting the growth across leading segments including product, distribution channel, and region.
The global canes and crutches market is anticipated to grow at 3.7% CAGR during the forecast period of 2020-2027. Growing usage of canes and crutches by geriatric population along with rising prevalence of medical conditions like rheumatoid arthritis and osteoporosis is a key factor expected to drive the market during the assessment period.

According to the National Library of Medicine, more than 200 million people around the world suffer from osteoporosis. The growing prevalence of this ailment has led to a surge in demand for various surgeries, therapies, and equipment like canes and crutches and the trend is likely to continue during the forecast period.
Sales of canes and crutches are also influenced by the prevalence of rheumatoid arthritis. According to the National Library of Medicine, the prevalence of rheumatoid arthritis is around 460 per 100,000 people. Patients suffering from this ailment need support to walk comfortably, owing to which sales of supporting equipment such as canes & crutches have gone up.
Furthermore, increasing incidence of sports injuries and road accidents are expected to push the demand in canes and crutches market during the next 7 years. Hence, manufacturers are concentrating on developing advanced products that provide maximum comfort to users. For instance, in 2019 Flexmotiv, a new startup started by IIT Delhi students rolled out the world’s first automotive crutches that can stand on their own.
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Regionally, North America and Europe are likely to remain leading markets for canes and crutches throughout the forecast period. High prevalence of medical conditions like osteoporosis and rheumatoid arthritis and surging geriatric population are driving growth in these markets and the trend is likely to continue during the forecast period.
Key Takeaways:
Growth Drivers:
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Competitive Landscape:
Leading cane and crutches manufacturers are focusing on expanding their presence through new product launches, mergers, acquisitions, and collaborations. Leading players are also concentrating on reducing the price of their products to gain traction in the market.
For instance,
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More Valuable Insights on Canes and Crutches Market
In its latest study, Fact.MR offers a detailed analysis of the global canes and crutches market for the forecast period of 2020 to 2027. This study also divulges key drivers and trends promoting the sales of canes and crutches through detailed segmentation as follows:
By Product:
By Distribution Channel:
By Region:
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