What is Walking Canes?
A walking cane is a piece of tools providing support when walking with a single telescopic height adjustable shaft with a molded handgrip and single tip, or branching into three or four tips. It enables a person to maintain stability and balance whilst walking over a variety of indoor and outdoor surfaces and can also be used to reduce the impact on the opposite leg. It gives support and promotes mobility during walking for a person with impaired mobility. It typically provides more stability than a walking cane but without the cumbersome forearm cuff of an elbow crutch.
The market study is broken down by Type (C Canes, Functional Grip Canes, Quad Canes, Single point Canes, Multiple-point, Folding and OTher) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Walking Canes market throughout the predicted period.
Hugo Mobility (United States), HurryCane(United States), Ez2care(United States), DME-Direct (United States), Carex Health Brands (United States), Royal Canes(United States), HARVEY(United States), NOVA Medical Products(United States), Telebrands(United States) and Rms(United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Medline Industries (United States) and Travelon (United States.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Walking Canes market by Type, Application and Region.
On the basis of geography, the market of Walking Canes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Gait Categories, the sub-segment i.e. Balance will boost the Walking Canes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Wood will boost the Walking Canes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Aged will boost the Walking Canes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- The trend for inpatient community and growing technological advancements & product leasing
Market Drivers
- Increasing incidences of Debilitating Neurological Diseases & Injuries
- The rise in the geriatric population and surge in the number of people with disabilities
- The rise in the number of canes users is mainly due to its high preference among the aging population.
Opportunities
- The rise in the number of people who have disabilities that require an ambulatory assistive device in order to ambulate independently is booming the opportunities of growth for the walking canes
Restraints
- Lack of availability and high cost
Challenges
- Key Competition between manufacturer
Key Target Audience
Companies Manufacturing Walking Canes, Medical Device Distributors, Healthcare Institutions, Health Insurance Providers, Research and Consulting Firms and Regulatory Authorities
About Approach
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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