About Forearm Crutches
A forearm crutches, also known as Canadian crutches or Elbow crutches, a cuff at the top that goes around the forearm and shorter than standard walking crutches. It is designed with a unique style of walking arm crutches for comfort and convenience. Increasing incidents of accidents and the growth in the number of ageing population across the world are the major driving agent in the growth of the forearm market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.5% |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Forearm Crutches market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Drive Medical (United States), Invacare Corporation (United States), GF Health Products Inc. (United States), Benmor Medical (United Kingdom), Compass Health Brands (United States), SmartCRUTCH (United States), DJO, LLC (United States), Ergoactives (United States), Ossenberg GmbH (Germany) and Nova Medical Products (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 WALK EASY INC. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Forearm Crutches market by Type (Wood, Metal Alloys and Others) and Region.
On the basis of geography, the market of Forearm Crutches 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 Modality Type, the sub-segment i.e. Folded Forearm Crutches will boost the Forearm Crutches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online Store will boost the Forearm Crutches 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. Adult will boost the Forearm Crutches market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Area of Forearm Crutches, Manufacturers are Developing Smaller and More Compact Forearm Crutches for Travel and Development of Lightweight Forearm Crutches by Key Market Players
Market Growth Drivers:
Growing Geriatric Population across the World, Th Increase in Number in Incidents of Accidents Globally and Modern and Aesthetically Pleasing Design Provided by Market Players
Challenges:
Fluctuating Raw Material Prices and Availability of Substitutes Includes Underarm Crutches
Restraints:
Issue Associated with the Design of Crutches and Presence in a Large Number of Local Players in Developing Nations
Opportunities:
Preference for Multi-Vendor Contracts For Health Care Instrument and Increasing Adoption Due to Ease of Use and Improved Comfort
Market Leaders and their expansionary development strategies
In September 2023, Ottobock, a leading developer of prosthetics and orthotics, partnered with ReWalk Robotics to offer the ReWalk exoskeleton alongside their crutches. This allows for a more advanced walking experience for individuals with lower limb paralysis.
In October 2023, Invacare launched the iMove Smart Crutch, featuring Bluetooth connectivity and an app that tracks steps, distance, and calories burned. This caters to the growing demand for fitness tracking and data-driven insights in mobility aids.
Key Target Audience
Forearm Crutches Manufacturers, Forearm Crutches Distributors/Suppliers, Raw Material Suppliers, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.