Latest News:- Medical Crutches Market: Hand crutches is expected to lead the Product segment during 2024-2028

Medical Crutches Market to grow at a CAGR of 7.08% during 2024-2028

The Medical Crutches Market is expected to grow at a CAGR of 7.08% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 412.5 million. Online marketing plays a pivotal role in the medical crutches market by enabling efficient product discovery and timely delivery for end-users. Vendors leverage digital marketing strategies to boost accessibility and sales, while simultaneously reducing business expenses associated with setup, distribution, and operations. Online shopping portals serve as valuable resources for customers, providing comprehensive information on medical crutches' various types, functions, and specifications. Furthermore, these platforms enable vendors to expand their reach from local to national and global markets. Online marketing facilitates sales volume measurement and revenue calculation for vendors in the medical crutches industry. 

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The Hand crutches subsegment is expected to dominate the Product segment during the forecast period 

Technavio analysts predict that the Hand crutches subsegment will lead the Product segment during 2024 and 2028 In the medical industry, hand crutches are a crucial mobility solution for individuals with lower body injuries or disabilities. These crutches, which include underarm, forearm, tetrapod, and platform varieties, facilitate weight transfer from the lower body to the upper body. Primarily, healthcare facilities such as hospitals, clinics, and patient care centers procure these crutches for their patients during pre-treatment or post-treatment phases. The market growth for hand crutches is contingent upon customer acceptance, given their widespread popularity among patients, who often find them more comfortable than leg crutches. Consequently, vendors have recognized the potential in this segment and have significantly invested in hand crutches production.

Here are the various ways based on which the market is segmented: 

• Product
  • Hand crutches
  • Leg crutches
• Geography
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)

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• Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
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There are several factors that are causing the market to flourish growing geriatric population and rise in number of orthopedic cases and accidents

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

The Medical Crutches market encompasses a range of walking aids designed to assist individuals with injuries, arthritis, bone-related disorders, and permanent disabilities. These aids include Forearm Crutches, which offer better weight distribution and offloading capabilities for the upper body during ambulation. They are commonly used for injuries, surgeries on the lower extremities, and conditions like osteoarthritis, joint fractures, and osteoporosis. Crutches come in various types such as Tetrapod crutches, Leg support crutches, and Underarm crutches, each catering to specific needs. Healthcare providers often recommend crutches for patients recovering from surgeries or dealing with bone-related disorders. Smart Crutches and Adjustable Crutches with ergonomic designs have gained popularity due to their ease of use and customizability. The market is driven by factors like an aging population, accidents, sports injuries, and the increasing prevalence of chronic conditions. The use of Medical Crutches is not limited to orthopedic patients but also extends to individuals with neurological disorders and amputations. While crutches offer mobility, they may not be suitable for all cases, and alternatives like wheelchairs may be required for certain conditions. Crutches are typically made from durable materials like Metal Alloy, ensuring durability and strength. The market for Medical Crutches is expected to grow significantly due to the increasing number of injuries, surgeries, and the rising awareness of the importance of mobility aids.

Market Research Overview

Technavio positions the Medical Crutches Market as a segment of the expansive Global Healthcare Equipment Market. This market encompasses organizations involved in the research and development (R&D) of diverse product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are utilized for the diagnosis, monitoring, and treatment of various diseases. The Global Healthcare Equipment Market's size is determined by the consolidated revenue generated by manufacturers of diagnostic equipment and devices spanning various therapy areas. The healthcare equipment sector is segmented into Devices, which incorporates advanced, differentiated, and clinically validated data-driven devices.

The Medical Crutches Market is experiencing significant growth, fueled by the growing geriatric population and rise in number of orthopedic cases and accidents. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
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