What is Capped Crutches Market?
With the rising demand for advanced medical services after treatment, particularly in the case of accidents and surgeries, the number of rehabilitation centers is increasing significantly. Capped Crutches are a type of Walking Aids that serve to increase the size of an individual's base of support. It transfers weight from the legs to the upper body and is often used by people who cannot use their legs to support their weight, short-term injuries to lifelong disabilities. According to the research of the International Osteoporosis Foundation, in 2018 it is predicted that over 200 million people globally suffer from osteoporosis. Approximately 30% of all postmenopausal women have osteoporosis in the United States and in Europe. The increase in the number of rehabilitation centers will fuel the capped crutches market growth during the forecast period.
The market study is being classified by Type (Underarm Crutch, Forearm Crutch, Tetrapod Crutch, Leg Support Crutch, Platform Crutch and Others), by Application (Hospital and Home Use) and major geographies with country level break-up.
AMG Medical (Canada), Breg, Inc. (United States), Medical Depot, Inc(Canada), Cardinal Health, Inc.(United States), Medline Industries, Inc. (United States), GrahamField Health Products(United States), Bellevue Healthcare(United States), EBTH (United States), YCH Ind Corp. (Taiwan) and Caremax Rehabilitation Equipment Co. Ltd are some of the key players profiled in the study. Additionally, the Players which are also part of the research are NOVA Medical Products(United States), Invacare Corporation (United States), Ergoactives(United States) and Sunrise Medical (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Capped Crutches market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Capped Crutches market by Type, Application and Region.
On the basis of geography, the market of Capped Crutches has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing demand for advanced medical services after treatment
- The increasing number of case of accidents and surgeries
Market Trend
- Intelligent crutches will be a breakthrough in the medical field
Restraints
- The problem associated with the design capped crutches
Opportunities
- Growth in the incidence of diseases rheumatoid arthritis, osteoporosis is also a prime factor that affects the mobility of the patients and as a result and booming the market growth opportunities
Challenges
- growth of medical crutches companies
Key Target Audience
Companies Manufacturing Capped Crutches, Medical Device Distributors, Healthcare Institutions (Hospitals, Medical Schools, and Governing Bodies), Health Insurance Providers, Research and Consulting Firms and Regulatory Authority
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