Medical Crutches Market Growth & Trends
The global medical crutches market size is expected to reach USD 1,206.8 million by 2030 and it is expected to expand at 6.5% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The high prevalence of osteoporosis & arthritis and the rise in awareness & adoption of crutches are expected to drive market growth during the forecast period.
Increased number of post-surgery rehabilitation programs is expected to boost the market growth. Moreover, the rise in the geriatric population and an increase in the number of hip, knee, and joint replacement surgeries are other factors that drive the growth of the market.
Medical crutches are used by individuals who experience limited mobility and are unable to support their weight due to some form of disability. There are various types of crutches such as forearm, leg, underarm, platform, and others which help transfer weight from the lower part of the body to the upper part. These are used normally in cases of arthritis, fracture, walking impairment, developmental disabilities, and balance problems due to obesity, among others. A significant number of people suffering from these issues is expected to improve the demand for medical crutches.
A high number of people globally suffer from non-fatal injuries worldwide. According to the WHO, over 20–50 million people worldwide suffer from non-fatal injuries due to accidents. Such injuries due to accidents are likely to increase the demand for medical crutches and this is expected to drive the market growth.
Osteoporosis is one of the major causes of bone loss globally, causing 8.9 million fractures worldwide every year. The International Osteoporosis Foundation states that every 3 seconds one fracture is caused due to osteoporosis. Aging is one of the major causes of osteoporosis. According to the WHO, in 2020, over 1 billion people were aged 60 and above, and by 2050 over 2.1 billion people will be aged over 60 years. The rise in the aging population is expected to increase the prevalence of osteoporosis even further and thus support the demand for medical crutches in the post-pandemic period.
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Medical Crutches Market Report Highlights
The forearm crutch segment dominated the market with the largest revenue share of 33.8% in 2022. This is due to a high incidence of road accidents causing short-term and long-term difficulties, thus supporting the demand for forearm crutch
Based on type, the metal alloy crutches held the largest share of 38.0% in 2022. These crutches are inexpensive and durable. This is expected to improve its adoption, especially in low- and middle-income counties
Based on end-use, the adults segment held the largest share of 52.2% in 2022. A significant number of disabilities in this age group is promoting the demand for medical crutches among adults
Asia Pacific is expected to grow at a CAGR of 7.7% over the forecast period owing to the surge in the geriatric population which is promoting the demand for medical crutches
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