Axillary Crutches Market – Owing to the Increasing prevalence of walking disability is expected to increase demand for axillary crutches and fuel market growth
Axillary Crutches Market – Owing to the Increasing prevalence of walking disability is expected to increase demand for axillary crutches and fuel market growth
Published by Coherent Market Insights
Posted on September 20, 2021
Axillary crutches are the mobility aids used by placing the pad against the ribcage beneath the armpit and holding the grip, which is below and parallel to the pad. They are usually used to provide support to individuals suffering from walking disability, factures, paralysis, and leg injuries. Aluminum, stainless steel, and wood are some of the materials used to construct axillary crutches. These crutches are widely used by young or athletic populations. Use of axillary crutches aids to transfer the weight from legs to the arms/shoulders. Axillary crutches are lightweight and can be adjusted according to the user’s need, height, and comfort.
Increasing number of people with walking disability is a major factor augmenting the market growth
Increasing number of people suffering walking disability is expected to boost growth of the global axillary crutches market. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2017, an estimated 8.2 million adults were suffering from some kind of walking disability in the U.S. Moreover, according to the data published by U.S. Census Bureau in 2012, approximately 30.6 million people in the U.S. have difficulty in walking or climbing stairs and they require supportive medical device such as crutches and cane while waking.
Furthermore, increasing geriatric population that experiences difficulty in walking is expected to boost demand for axillary crutches, thereby aiding in growth of the market. For instance, according to the data published by United Nations Population Fund, people aged 60 years and above accounted for 12.3% of the global population in 2015, which is expected to increase to 22% by 2050, accounting for 2 billion people. Moreover, according to a survey conducted by Population Reference Bureau in 2016, over 46 million senior citizens were reported of age 65 and above in the U.S. Around 48% of this aging population is disabled due to age factor and chronic diseases.
Increasing number of road accidents that often lead to severe injuries in legs or permanent disability is also expected to boost growth of the market. For instance, according to World Health Organization (WHO), in 2017, around 1.25 million deaths are recorded, annually and over 20 to 50 million people experience severe injuries and factures, due to road traffic crash.
However, availability of alternative devices is a major factor hampering growth of the axillary crutches market over the forecast period. For instance, walking assisted device such as canes, walkers, and wheelchairs can be used as substitutes to axillary crutches.
North America is expected to account for the largest market share in the market
On the basis of region, the global axillary crutches market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to account for the largest market share in the global axillary crutches market over the forecast period. This is attributed to high presence of key players in the region. Moreover, key players in the market are focused on R&D in axillary crutches to expand their market share. For instance, in 2016, Mobility Designed, LLC, a U.S-based company, designed a novel axillary crutch with a reinvented design, which places body weight on the forearms and provides a painless walk with crutch.
Increasing geriatric population is a major factor boosting growth of the market in Asia Pacific. For instance, according to the data published by United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, Asia Pacific constitutes around 60% of the world’s geriatric population. It is estimated that in 2016, around 547 million people were aged above 60 years in Asia Pacific and this number is expected to double and reach around 1.3 billion by 2050.
Current and future of global Cancer Registry Software Market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period.
The latest developments, market shares, and strategies that are employed by the major market players.
Axillary Crutches Market Key Players
Major players operating in global axillary crutches market include, Carex Health Brands Inc., Cardinal Health, Inc., Millennial Medical, LLC, NOVA Medical Products, Ossenberg GmbH, Invacare Corporation, GF Health Products, Inc., MIKIRAD Grzegorz Kicior, and Ergoactives.
Axillary Crutches Market Taxonomy:
The global axillary crutches market is segmented on the basis of material type, age group, and region
Axillary crutches are the mobility aids used by placing the pad against the ribcage beneath the armpit and holding the grip, which is below and parallel to the pad. They are usually used to provide support to individuals suffering from walking disability, factures, paralysis, and leg injuries. Aluminum, stainless steel, and wood are some of the materials used to construct axillary crutches. These crutches are widely used by young or athletic populations. Use of axillary crutches aids to transfer the weight from legs to the arms/shoulders. Axillary crutches are lightweight and can be adjusted according to the user’s need, height, and comfort.
Increasing number of people with walking disability is a major factor augmenting the market growth
Increasing number of people suffering walking disability is expected to boost growth of the global axillary crutches market. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2017, an estimated 8.2 million adults were suffering from some kind of walking disability in the U.S. Moreover, according to the data published by U.S. Census Bureau in 2012, approximately 30.6 million people in the U.S. have difficulty in walking or climbing stairs and they require supportive medical device such as crutches and cane while waking.
Furthermore, increasing geriatric population that experiences difficulty in walking is expected to boost demand for axillary crutches, thereby aiding in growth of the market. For instance, according to the data published by United Nations Population Fund, people aged 60 years and above accounted for 12.3% of the global population in 2015, which is expected to increase to 22% by 2050, accounting for 2 billion people. Moreover, according to a survey conducted by Population Reference Bureau in 2016, over 46 million senior citizens were reported of age 65 and above in the U.S. Around 48% of this aging population is disabled due to age factor and chronic diseases.
Increasing number of road accidents that often lead to severe injuries in legs or permanent disability is also expected to boost growth of the market. For instance, according to World Health Organization (WHO), in 2017, around 1.25 million deaths are recorded, annually and over 20 to 50 million people experience severe injuries and factures, due to road traffic crash.
However, availability of alternative devices is a major factor hampering growth of the axillary crutches market over the forecast period. For instance, walking assisted device such as canes, walkers, and wheelchairs can be used as substitutes to axillary crutches.
North America is expected to account for the largest market share in the market
On the basis of region, the global axillary crutches market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to account for the largest market share in the global axillary crutches market over the forecast period. This is attributed to high presence of key players in the region. Moreover, key players in the market are focused on R&D in axillary crutches to expand their market share. For instance, in 2016, Mobility Designed, LLC, a U.S-based company, designed a novel axillary crutch with a reinvented design, which places body weight on the forearms and provides a painless walk with crutch.
Increasing geriatric population is a major factor boosting growth of the market in Asia Pacific. For instance, according to the data published by United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in 2016, Asia Pacific constitutes around 60% of the world’s geriatric population. It is estimated that in 2016, around 547 million people were aged above 60 years in Asia Pacific and this number is expected to double and reach around 1.3 billion by 2050.
Current and future of global Cancer Registry Software Market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period.
The latest developments, market shares, and strategies that are employed by the major market players.
Axillary Crutches Market Key Players
Major players operating in global axillary crutches market include, Carex Health Brands Inc., Cardinal Health, Inc., Millennial Medical, LLC, NOVA Medical Products, Ossenberg GmbH, Invacare Corporation, GF Health Products, Inc., MIKIRAD Grzegorz Kicior, and Ergoactives.
Axillary Crutches Market Taxonomy:
The global axillary crutches market is segmented on the basis of material type, age group, and region