What is Capped Crutches?
With the rising demand for advanced medical services after treatment, particularly in the case of accidents and surgeries, the number of rehabilitation centers is increasing significantly. Capped Crutches are a type of Walking Aids that serve to increase the size of an individual's base of support. It transfers weight from the legs to the upper body and is often used by people who cannot use their legs to support their weight, short-term injuries to lifelong disabilities. According to the research of the International Osteoporosis Foundation, in 2018 it is predicted that over 200 million people globally suffer from osteoporosis. Approximately 30% of all postmenopausal women have osteoporosis in the United States and in Europe. The increase in the number of rehabilitation centers will fuel the capped crutches market growth during the forecast period.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AMG Medical (Canada), Breg, Inc. (United States), Medical Depot, Inc(Canada), Cardinal Health, Inc.(United States), Medline Industries, Inc. (United States), GrahamField Health Products(United States), Bellevue Healthcare(United States), EBTH (United States) and YCH Ind Corp. (Taiwan) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Underarm Crutch, Forearm Crutch, Tetrapod Crutch, Leg Support Crutch, Platform Crutch and Others) , by application (Hospital and Home Use) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Capped Crutches market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Capped Crutches market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are AMG Medical (Canada), Breg, Inc. (United States), Medical Depot, Inc(Canada), Cardinal Health, Inc.(United States), Medline Industries, Inc. (United States), GrahamField Health Products(United States), Bellevue Healthcare(United States), EBTH (United States) and YCH Ind Corp. (Taiwan).
The market for Capped Crutches is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Influencing Trend:
Intelligent crutches will be a breakthrough in the medical field
Market Growth Drivers:
Growing demand for advanced medical services after treatment and The increasing number of case of accidents and surgeries
Challenges:
growth of medical crutches companies
Restraints:
The problem associated with the design capped crutches
Opportunities:
Growth in the incidence of diseases rheumatoid arthritis, osteoporosis is also a prime factor that affects the mobility of the patients and as a result and booming the market growth opportunities
Key highlights of the Global Capped Crutches market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Capped Crutches market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Capped Crutches market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Capped Crutches Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Capped Crutches market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Capped Crutches market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Companies Manufacturing Capped Crutches, Medical Device Distributors, Healthcare Institutions (Hospitals, Medical Schools, and Governing Bodies), Health Insurance Providers, Research and Consulting Firms and Regulatory Authority.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.