North America and Europe Canes & Crutches Market Growth and Forecast by 2025
North America and Europe Canes & Crutches Market to 2025 - Regional Analysis and Forecasts by Medical Mobility Aids (Canes and Crutches) and Geography
- Status : Published
- Report Code : TIPMD00002680
- Category : Life Sciences
- No. of Pages : 82
- Available Report Formats :
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION 13
1.1 SCOPE OF THE STUDY 13
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 13
2. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET - KEY TAKEAWAYS 14
3. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET - MARKET LANDSCAPE 16
3.1 OVERVIEW 16
3.2 MARKET SEGMENTATION 16
3.2.1 North America and Europe Canes & Crutches Market - By Medical Mobility Aids 17
3.2.2 North America and Europe Canes & Crutches Market - By Geography 18
4. NORTH AMERICA AND EUROPE CANES AND CRUTCHES MARKET - KEY MARKET DYNAMICS 19
4.1 KEY MARKET DRIVERS 19
4.1.1 Increase In The Number of Orthopaedic Surgeries 19
4.1.2 Rise In The Geriatric Population 20
4.1.3 Growing Incidents Of Road Accidents 21
4.2 KEY MARKET CHALLENGE 21
4.2.1 Social Stigma Associated with the Use of Walking Canes and Crutches 21
4.3 KEY MARKET OPPORTUNITIES 22
4.3.1 High Market Potential In Developing Nations 22
4.4 IMPACT ANALYSIS 23
5. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET - ANALYSIS 24
5.1 NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN) 24
5.2 NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 25
5.3 PERFORMANCE OF KEY PLAYERS 26
5.3.1 Carex Health Brands (Compass Health Brands) 26
5.3.2 DRIVE MEDICAL 26
5.4 EXPERT OPINIONS 26
6. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET ANALYSIS - BY MEDICAL MOBILITY AIDS 27
6.1 OVERVIEW 27
6.2 NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET, BY MEDICAL MOBILITY AIDS, 2017 & 2025 (%) 27
6.3 CRUTCHES MARKET 28
6.3.1 Overview 28
6.3.2 North America and Europe Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 28
6.3.3 Axillary Crutches Market 29
6.3.3.1 Overview 29
6.3.3.2 North America and Europe Axillary Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 29
6.3.4 Forearm/ Elbow Crutches Market 30
6.3.4.1 Overview 30
6.3.4.2 North America and Europe Forearm/ Elbow Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 30
6.4 CANES MARKET 31
6.4.1 Overview 31
6.4.2 Canes Pricing Analysis , 2017 31
6.4.3 North America and Europe Canes Market Revenue and Forecasts to 2025 (US$ Mn) 32
6.4.4 Folding Canes Market 33
6.4.4.1 Overview 33
6.4.4.2 North America and Europe Folding Canes Market Revenue and Forecasts to 2025 (US$ Mn) 33
6.4.5 Quad Canes Market 34
6.4.5.1 Overview 34
6.4.5.2 North America and Europe Quad Canes Market Revenue and Forecasts to 2025 (US$ Mn) 34
6.4.6 Offset Canes Market 35
6.4.6.1 Overview 35
6.4.6.2 North America and Europe Offset Canes Market Revenue and Forecasts to 2025 (US$ Mn) 35
7. NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 36
7.1 OVERVIEW 36
7.2 NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 37
7.3 NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 37
7.3.1 North America Crutches Market Revenue And Forecasts to 2025, By Type (US$ Mn) 38
7.3.2 North America Canes Market Revenue And Forecasts to 2025, By Type (US$ Mn) 38
7.4 NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY COUNTRY, (2017 & 2025) (%) 38
7.5 US CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 39
7.5.1 US Canes & Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 40
7.5.2 US Canes & Crutches Market Revenue And Forecasts to 2025, By Medical Mobility Aids (US$ Mn) 40
7.5.2.1 US Crutches Market Revenue And Forecasts to 2025, By Type (US$ Mn) 40
7.5.2.2 US Canes Market Revenue And Forecasts to 2025, By Type (US$ Mn) 41
7.6 CANADA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 42
7.6.1 Canada Canes & Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 42
7.6.2 Canada Canes & Crutches Market Revenue And Forecasts to 2025, By Medical Mobility Aids (US$ Mn) 43
7.6.2.1 Canada Crutches Market Revenue And Forecasts to 2025, By Type (US$ Mn) 43
7.6.2.2 Canada Canes Market Revenue And Forecasts to 2025, By Type (US$ Mn) 43
8. EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 44
8.1 OVERVIEW 44
8.2 EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 45
8.3 EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 45
8.3.1 Europe Crutches Market Revenue And Forecasts to 2025, By Type (US$ Mn) 46
8.3.2 Europe Canes Market Revenue And Forecasts to 2025, By Type (US$ Mn) 46
8.4 EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY GEOGRAPHY, (2017 & 2025) (%) 46
8.5 NORTH EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 47
8.5.1 North Europe Canes & Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 48
8.5.2 North Europe Canes & Crutches Market Revenue And Forecasts to 2025, By Medical Mobility Aids (US$ Mn) 48
8.5.2.1 North Europe Crutches Market Revenue And Forecasts to 2025, By Type (US$ Mn) 49
8.5.2.2 North Europe Canes Market Revenue And Forecasts to 2025, By Type (US$ Mn) 49
8.6 SOUTH EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 50
8.6.1 South Europe Canes & Crutches Market Revenue and Forecasts to 2025 (US$ Mn) 51
8.6.2 South Europe Canes & Crutches Market Revenue And Forecasts to 2025, By Medical Mobility Aids (US$ Mn) 51
8.6.2.1 South Europe Crutches Market Revenue And Forecasts to 2025, By Type (US$ Mn) 52
8.6.2.2 South Europe Canes Market Revenue And Forecasts to 2025, By Type (US$ Mn) 52
9. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET -KEY COMPANY PROFILES 53
9.1 CAREX HEALTH BRANDS (COMPASS HEALTH BRANDS) 53
9.1.1 Key Facts 53
9.1.2 Business Description 53
9.1.3 Financial Overview 53
9.1.4 Product Portfolio 53
9.1.5 SWOT Analysis 54
9.1.6 Key Developments 54
9.2 DRIVE MEDICAL 55
9.2.1 Key Facts 55
9.2.2 Business Description 55
9.2.3 Financial Overview 55
9.2.4 Product Portfolio 55
9.2.5 SWOT Analysis 56
9.2.6 Key Developments 56
9.3 MIKIRAD 57
9.3.1 Key Facts 57
9.3.2 Business Description 57
9.3.3 Financial Overview 57
9.3.4 Product Portfolio 57
9.3.5 SWOT Analysis 58
9.3.6 Key Developments 58
9.4 OTTOBOCK 59
9.4.1 Key Facts 59
9.4.2 Business Description 59
9.4.3 Financial Overview 59
9.4.4 Product Portfolio 59
9.4.5 SWOT Analysis 60
9.4.6 Key Developments 60
9.5 CARDINAL HEALTH, INC. 61
9.5.1 Key Facts 61
9.5.2 Business Description 61
9.5.3 Financial Overview 62
9.5.4 Product Portfolio 62
9.5.5 SWOT Analysis 63
9.5.6 Key Developments 63
9.6 MOBILITY+DESIGNED LLC 64
9.6.1 Key Facts 64
9.6.2 Business Description 64
9.6.3 Financial Information 64
9.6.4 Product Portfolio 64
9.6.5 SWOT Analysis 65
9.6.6 Key Developments 65
9.7 GF HEALTH PRODUCTS, INC. 66
9.7.1 Key Facts 66
9.7.2 Business Description 66
9.7.3 Financial Overview 66
9.7.4 Product Portfolio 67
9.7.5 SWOT Analysis 67
9.7.6 Key Developments 68
9.8 MEDLINE INDUSTRIES, INC. 69
9.8.1 Key Facts 69
9.8.2 Business Description 69
9.8.3 Financial Overview 70
9.8.4 Product Portfolio 70
9.8.5 SWOT Analysis 71
9.8.6 Key Developments 71
9.9 BESCO MEDICAL CO., LTD. 72
9.9.1 Key Facts 72
9.9.2 Business Description 72
9.9.3 Financial Overview 72
9.9.4 Product Portfolio 72
9.9.5 SWOT Analysis 72
9.9.6 Key Developments 73
9.10 OSSENBERG GMBH 74
9.10.1 Key Facts 74
9.10.2 Business Description 74
9.10.3 Financial Information 74
9.10.4 Product Portfolio 75
9.10.5 SWOT Analysis 76
9.10.6 Key Developments 76
10. APPENDIX 77
10.1 ABOUT THE INSIGHT PARTNERS 77
10.2 GLOSSARY OF TERMS 78
10.3 METHODOLOGY 79
10.3.1 Coverage 80
10.3.2 Secondary Research 81
10.3.3 Primary Research 81
LIST OF TABLES
TABLE 1. CANES PRICING ANALYSIS, 2017 31
TABLE 2. NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 37
TABLE 3. NORTH AMERICA CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 38
TABLE 4. NORTH AMERICA CANES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 38
TABLE 5. US CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 40
TABLE 6. US CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 40
TABLE 7. US CANES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 41
TABLE 8. CANADA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 43
TABLE 9. CANADA CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 43
TABLE 10. CANADA CANES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 43
TABLE 11. EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 45
TABLE 12. EUROPE CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 46
TABLE 13. EUROPE CANES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 46
TABLE 14. NORTH EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 48
TABLE 15. NORTH EUROPE CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 49
TABLE 16. NORTH EUROPE CANES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 49
TABLE 17. SOUTH EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY MEDICAL MOBILITY AIDS (US$ MN) 51
TABLE 18. SOUTH EUROPE CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 52
TABLE 19. SOUTH EUROPE CANES MARKET REVENUE AND FORECASTS TO 2025, BY TYPE (US$ MN) 52
TABLE 20. GLOSSARY OF TERMS, CANES & CRUTCHES MARKET 78
LIST OF FIGURES
FIGURE 1. NORTH AMERICA CANES & CRUTCHES MARKET, REVENUE (US$ MN), BY GEOGRAPHY 2018 & 2025 14
FIGURE 2. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET BY MEDICAL MOBILITY AIDS, MARKET SHARE (%), 2017 15
FIGURE 3. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET SEGMENTATION 16
FIGURE 4. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET SEGMENTATION, BY REGION 17
FIGURE 5. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET IMPACT ANALYSIS OF DRIVERS AND CHALLENGES 23
FIGURE 6. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET- REVENUE FORECASTS AND ANALYSIS - 2017- 2025 (US$ MN) 24
FIGURE 7. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET- BY GEOGRAPHY FORECASTS AND ANALYSIS - 2017- 2025 25
FIGURE 8. NORTH AMERICA AND EUROPE CANES & CRUTCHES MARKET, BY MEDICAL MOBILITY AIDS, 2017 & 2025 (%) 27
FIGURE 9. NORTH AMERICA AND EUROPE CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 28
FIGURE 10. NORTH AMERICA AND EUROPE AXILLARY CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 29
FIGURE 11. NORTH AMERICA AND EUROPE FOREARM/ ELBOW CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 30
FIGURE 12. NORTH AMERICA AND EUROPE CANES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 32
FIGURE 13. NORTH AMERICA AND EUROPE FOLDING CANES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 33
FIGURE 14. NORTH AMERICA AND EUROPE QUAD CANES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 34
FIGURE 15. NORTH AMERICA AND EUROPE OFFSET CANES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 35
FIGURE 16. NORTH AMERICA CANES & CRUTCHES MARKET REVENUE OVERVIEW, BY COUNTRY (2017) (US$ MN) 36
FIGURE 17. NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 37
FIGURE 18. NORTH AMERICA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY COUNTRY, (2017 & 2025) (%) 38
FIGURE 19. US CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 40
FIGURE 20. CANADA CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 42
FIGURE 21. EUROPE CANES & CRUTCHES MARKET REVENUE OVERVIEW, BY GEOGRAPHY (2017) (US$ MN) 44
FIGURE 22. EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 45
FIGURE 23. EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025, BY GEOGRAPHY, (2017 & 2025) (%) 46
FIGURE 24. NORTH EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 48
FIGURE 25. SOUTH EUROPE CANES & CRUTCHES MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 51
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The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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