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Medical Crutches Market Size
Medical Crutches Market size was valued at over USD 920.5 million in 2022. Driven by the increasing occurrence of bone-related ailments globally, the industry is poised to grow at over 5% CAGR from 2023 to 2032.
Medical crutches serve as walking aids by providing balance to patients and offloading weight from lower extremities in bone-related disorders. They assist patients in ambulation by shifting body weight from legs to arms and torso. Rising occurrence of bone-related disorders such as osteoporosis, joint fractures, and osteoarthritis has bolstered the demand for medical crutches. In fact, the US CDC estimates that one in every four people in the US, which constitutes for 23.7% of the population or 58.5 million people, suffer from some form of arthritis. The CDC also projects that these numbers are likely to hit the 78 million mark by 2040.
Why is North America medical crutches industry anticipated to grow through 2032?
North America medical crutches market is poised to record a valuation of more than USD 660 million by 2032, driven by the growing prevalence of orthopaedic disorders in the region.
Who are the key players partaking in medical crutches industry share?
Some of key players partaking in market share include names such as Sunrise Medical, IWALKFree, Inc., AMG Medical, Millennial Medical, Nova Medical Products, Cardinal Health, and Invacare, among others.
What factors are likely to augment the demand for aluminum crutches in the medical crutches industry through 2032?
Aluminum segment is slated to witness a valuation of over USD 543 million by 2032, due to the high stability and durability of these crutches.
How much growth is medical crutches market pegged to foresee through 2032?
Global market for medical crutches was valued at over USD 920.5 million and is anticipated to grow at over 5% CAGR from 2023 to 2032, owing to increasing incidence of bone-related disorders across the globe.