The North America and Europe canes & crutches market is expected to reach US$ 5,815.1 Mn in 2025 from US$ 2,740.7 Mn in 2017. The market is estimated to grow with a CAGR of 9.9% from 2018-2025. The growth of the canes & crutches market is primarily attributed to increasing incidence of sports injuries.Moreover, the rise in the cases of injuries caused due to road accidents is expected to fuel the market growth.
The rising geriatric population susceptible to various orthopedic conditions is expected to offer significant growth opportunity in the canes & crutches market during the forecast period.The knee replacement surgeries are being performed in the geriatric population for their deteriorating joints.
Knee replacement, is among the most commonly performed orthopedic procedures.The rise in the conditions such as rheumatoid arthritis (RA) and ankylosing spondylitis (AS) and osteoporosis are driving to the number of the surgeries.
According to the International Osteoporosis Foundation, in 2018, osteoporosis is estimated to affect 200 million women across the world, among which near around one-tenth of women are above the age of 60, one-fifth of women aged more than 70, two-fifths of women aged above 80 and two-thirds of women aged more than 90. North America and Europe canes & crutches market, based on medical mobility aids was segmented as, cane and crutches.In 2017, crutches held the largest share in the market, by medical mobility aids.
Crutches help in reducing the pressure exerted on the leg by transferring the body weight to the arms, hence helping in faster recovery of injuries. North America and Europe canes & crutches market, based on geography was segmented as, North America and Europe. In 2017, North America held the largest share in the canes & crutches market, owing to factors such as, rise in the prevalence of the orthopedic disabilities, increasing geriatric population, developments for the canes & crutches, rise in the number of people being aware about the canes and crutches are likely to gain the good market growth in the coming future. Some of the major primary and secondary sources for canes & crutches included in the report are World Health Organization (WHO), Organisation for Economic Co-operation (OECD), Arthroscopy Association of Canada (AAC), Canadian Survey on Disability (CSD), National Road Safety Authority (ANSR), and others.
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