GVR Report cover Medical Crutches Market Size, Share & Trends Report

Medical Crutches Market Size, Share & Trends Analysis Report By Product, By Material, By End User, By Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR453696
  • Number of Pages: 0
  • Format: Electronic (PDF)

Medical crutches are used by individuals who cannot use their legs to support their weight due to some form of disability. There are various types of crutches such as forearm, leg, underarm, platform, and others which help transfer weight from the lower part of the body to the upper part. These are used normally in cases of arthritis, fracture, walking impairment, developmental disabilities, balancing problems obesity among others. The crutches provide more self-confidence and self-dependence to persons facing difficulties in moving.

The high prevalence of osteoporosis & arthritis and the rise in awareness & adoption of crutches are expected to drive market growth during the forecast period. In addition, factors like technological advancements in medical crutches, an increasing number of initiatives & funding by international organizations and governments, and an increase in the number of post-surgery rehabilitation programs are expected to boost the market growth. Moreover, the rise in the geriatric population and the increase in the number of hip, knee and joint replacement surgeries are the other factors that drive the growth of the market.

The COVID-19 pandemic initially negatively impacted the demand for the product. The supply chain was highly disrupted due to the pandemic. The pandemic impacted the overall shipping and logistics of crutches and personal care products globally which has also resulted in the high cost of container shipping. The rising cost of supply chain and logistics has had an adverse effect on the company’s finances and liquidity. However, the market is again steadily increasing in every region post-COVID-19 pandemic as the need and demand for crutches increases.

Based on the product, underarm crutch is anticipated to account for the highest market share due to the increase in the number of surgeries combined with the rise in prevalence of the long-term disability disorders are the major factors that boost the growth of the market. In addition, the rise in the geriatric population, surge in cases of accidents, and increase in demand for underarm crutches across the globe are the other factors that drive the growth of the market.

The North America region is expected to witness the largest market share and growth over the forecast period. The factors such as the advanced healthcare infrastructure, the presence of favorable government policies, and the highly aging population are some factors contributing to its large share. According to CDC, nearly 61 million adults in the U.S. live with a disability. In addition, acquisitions, investments, and product launch strategies adopted by players are expected to drive market growth.

The industry is marked by the presence of numerous small and large industry players. The medical crutches market is highly competitive in the regions such as North America and Europe. Key global industry players include Sunrise Medical, Nova Medical Products, Millennial Medical, Chinesport, IWALKFree, Cardinal Health, Home Medical Products, New York Millennium Pharmaceutical, AMG Medical, Breg, Inc, and Valley Tool Die, Inc.

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