Future of Canes & Crutches Market: Key Dynamics, Size & Share Analysis

The Global Canes & Crutches Market was valued at USD 750 million in 2022 and is estimated to grow at a CAGR of around 4.1% during the forecast period, i.e., 2024-30. Rising geriatric populations, arthritis, musculoskeletal disorders, ankylosing spondylitis, increasing incidence of osteoporosis, and accidental disabilities are anticipated to mount the Global Canes & Crutches Market size in the coming years. These walking aids are the most used type of assistive technology & are also included in the priority assistive list product of WHO.

Top Challenges Impacting the Canes & Crutches Market Growth

Mounting Geriatric Population to Amplify the Market Growth – The growing geriatric or elderly population across numerous countries worldwide is influencing the demand graph for canes & crutches. In recent years, the lifestyle & eating habits of individuals have changed, which may result in autoimmune diseases such as rheumatoid arthritis & other joints related problems.

Moreover, the rising prevalence of conditions like rheumatoid arthritis and other disabilities is actively propelling the expansion of the Canes & Crutches Market. For example, according to the World Population Prospects, the global population aged 65 and above reached 771 million in 2022, and this figure is anticipated to increase to 994 million by 2030 and further to 1.6 billion by 2050. This substantial growth in the elderly population worldwide is expected to generate increased demand for canes and crutches, thereby fostering market growth.

Understanding the Core Segments in the Canes & Crutches Market

Canes & Crutches Market Size, Share & Industry Trends Analysis- By Product Type (Canes, Folding Canes, Quad Canes, Offset Canes, Crutches, Axillary Crutches, Forearm Crutches, Accessories), By Distribution Channel (Hospital Pharmacies, Medical Retail Stores, Online Stores, Others (Rehabilitation Centers, Physical Therapy Clinics, etc.

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Geographical Analysis of the Canes & Crutches Market

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

North America is the leading region across the Global Canes & Crutches Market due to a rise in healthcare spending & a rising geriatric population. 

Who Dominates the Canes & Crutches Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

• Drive DeVilbiss Healthcare
• Ossenberg GmbH
• Ergoactives
• NOVA Medical Products
• GF Health Products Inc.
• Sunrise Medical Limited
• Besco Medical Co., Ltd.
• Invacare Corporation
• Medline Industries, Inc.
• Cardinal Health, Inc.
• Ottobock
• Carex Health Brands (Compass Health Brands)
• Mikirad
• Mobility Designed Incorporated
• Royal Canes and others.

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