Fact MR's 170-page market research survey, market research and competitive intelligence provider provides insights on the growth of the crutches and crutches market
The cane and crutches market analysis provides insights into the demand outlook for products and distribution channels. It also studies key strategies adopted by suppliers to increase sales in the cane and crutches market
Fact.MR-a market research and competitive intelligence provider: Fact.MR found in a recent study that the adoption of walking sticks and crutches is on the rise in 2021 due to the alarming increase in chronic diseases in the elderly. Fact MR analysis of walking sticks and crutches predicts that the market will expand at a compound annual growth rate of 3.7% from 2020 to 2027.
The high prevalence of movement disorders such as progressive supranuclear palsy, ataxia, focal dystonia, and Parkinson's disease is increasing the demand for folding canes because they are easy to use and compact.
The offset cane is lightweight, extremely durable, and distributes the user's weight on the shaft and the rubber tip of the bottom. Therefore, it is becoming more and more popular among the elderly, which makes it a popular choice among the elderly.
The possibility of leg/foot injury will keep the need for axillary crutches. Sales of forearm crutches will rise steadily, depending on the future events leading to their purchase.
In addition, the increase in rheumatoid arthritis cases due to aging, genetics, obesity, and early-year exposure injuries is expected to stimulate the demand for four crutches due to the uniform weight distribution and non-slip base that provides sufficient support for patients. .
Traditional walking sticks and crutches are slowly losing consumer interest, as the importance of powerful alternatives such as wheelchairs and knee walkers is rising. However, the combination of R&D and technology is leading the innovation of smart canes and crutches.
Such innovations include wWalk, a walking stick specifically developed for the visually impaired, that contains smart technology including connectivity, motion sensors, speakers, and smartphone integration to warn users of obstacles ahead.
"The increasing incidence of inconvenience, coupled with the availability of more types of walking sticks and crutches in online retail channels, is shaping the future prospects of crane and crutches sales,” said a factual MR analyst.
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Key points of cane and crutches market analysis
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Leading companies operating in the cane and crutches market are emphasizing R&D as the main growth strategy to lead the innovation and expansion of their product portfolios. For example, in June 2021, GF Health Products Inc. launched the Lumex Gaitster Forearm Rollator, specifically designed to provide optimal control and stability while walking, and significantly reduce back strain.
Top manufacturers of walking sticks and crutches include:
More valuable insights on the cane and crutches market
Fact MR conducted a fair analysis of the cane and cane market, providing historical demand data (2016-2020) and forecast statistics for the period 2020-2027. The research revealed deep insights into the global cane and crutches market, and detailed breakdowns based on the following:
Key issues covered in the cane and crutches market report
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