Global Axillary Crutches Market – Market Insights
Axillary crutches are the supportive devices that are designed for those individuals who are suffering from paralysis, factures, leg injuries, and walking disability. Axillary crutches are used to transfer load from legs to the arms/shoulders and aid in movement of those individuals who suffer from some kind of disability and cannot walk. Axillary crutches ensure high strength and durability. These crutches are made of various materials such as stainless steel, aluminum, and wooden. They can be customized as per user’s requirement, comfort, and height. Furthermore, major market players are focused on innovating new designs of axillary crutches for providing comfort to its customers.
Global Axillary Crutches Market: Drivers
Increasing number of product launches is anticipated to aid in the growth of the global axillary crutches market. For instance, in 2016, Mobility Designed, LLC, a U.S-based company, developed a novel axillary crutch with a reinvented design, which places body weight on the forearms and provides a painless walk with crutch. Moreover, rising occurrence of walking related disorder is anticipated to increase the demand for axillary crutches market during the forecast period.
According to National Center for Health statistics 2019, 18.6% of adults aged 18 or above in the U.S. suffer from walking difficulty or difficulty in climbing steps.
Ongoing research and development activities for the development of new axillary crutches with novel design, shape in order to make walking more easy and painless is also expected to contribute to the growth of axillary crutches market Moreover, rise in geriatric population across the globe is expected to increase the demand for axillary crutches. For instance, according to the World Health Organisation report 2018, the world population aged 60 years and older is expected to reach 2 billion by 2050 from 900 million in 2015. According to a report by Population Reference Bureau in 2016, over 46 million senior citizens of age 65 years and older were reported in the U.S. and approximately 48% senior citizens is disabled due to age factor and chronic diseases.
Furthermore, rising number of road accidents across the globe is expected to drive axillary crutches market growth owing to severe injuries suffered in legs. For instance, according to World Health Organization (WHO) report 2020, approximately 1.35 million people die every year due to road traffic crashes. As per the same report, between 20 million and 50 million people suffer non-fatal injuries, where many suffers
Global Axillary Crutches Market: Restraint
Availability of substitutes such as canes, walkers, and wheelchairs to axillary crutches is expected to hinder the axillary crutches market growth during the forecast period.
Global Axillary Crutches Market: Regional Analysis
North America is projected to exhibit highest growth in global axillary crutches market during the forecast period. This is owing to the presence of key players in the region.
Asia Pacific axillary crutches market is expected to witness significant growth during the forecast period owing to rising geriatric population. For instance, according to the report by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, Asia Pacific region constitutes around 60% of the world’s geriatric population. As per the World Health Organization’s report 2018, it is estimated that around 120 million people in the age group 60 years and older would be living in China alone. This is expected to drive the market growth in the near future.
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Global Axillary Crutches Market: Key Players
Major players operating in global axillary crutches market are Ossenberg GmbH, Cardinal Health, Inc., Carex Health Brands Inc.,GF Health Products, Inc., Millennial Medical, LLC, Grzegorz Kicior, NOVA Medical Products, Invacare Corporation, MIKIRAD and Ergoactives.
Table of Content
Global Axillary Crutches Market Research Report
Section 1: Global Axillary Crutches Industry Overview
Section 2: Global Economic Impact on Axillary Crutches Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Axillary Crutches Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Axillary Crutches Market Forecast
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