Categories
Pharmaceutical

Augmenting Demand For Canes and Crutches Market To Bolster Global Market Revenue Growth During 2022 – 2031 : FactMR

Workplace equality regulations, observed in nearly 45 countries across the world, have had a strong influence on the employment opportunities for the physically-challenged populace. According to the U.S. Bureau of Labour, 18.7% of the total disabled populace in the U.S. was employed in 2017, up from 17.9% in 2016. The trend is gradually shifting towards developing countries of Asia Pacific. Governments in India and China have mandated around 6% reservation for disabled individuals, especially in the public sector, which is creating high sales prospects for players in the canes and crutches market

However, reimbursement coverage on advanced walking aids could create reluctance among end users towards the adoption of canes and crutches. Considering the impact of these aforementioned undercurrents, an exclusive report published by Fact.MR foresees the canes and crutches market to exhibit moderate growth over the following decade.

Request Sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=4419

Canes and Crutches Market – Assessment of Key Segments

Authors of this comprehensive study have classified the canes and crutches market into key segments for an in-depth study of the market. Categorisation of the canes and crutches market is based on product, distribution channel, and region. This detailed study also offers information about the incremental opportunity present in the canes and crutches market during the forecast period. Key segments considered while studying the canes and crutches market include:

Product
  • Canes
    • Folding Canes
    • Quad Canes
    • Offset Canes
  • Crutches
    • Axillary Crutches
    • Forearm Crutches
  • Accessories
Distribution Channel
  • Hospital Pharmacies
  • Medical Retail Stores
  • Online Stores
Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Request Customization – https://www.factmr.com/connectus/sample?flag=RC&rep_id=4419

Key Highlights of Canes and Crutches Market Study

  • Provision of grants and insurance to disabled individuals, especially in the U.S. and the U.K., enhances the affordability quotient, thereby resulting in increased adoption of canes, crutches, and similar accessories.
  • Robotic assistive systems are viable substitutes, which could deter the sales prospects of canes and crutches to some extent. However, high costs associated with these novel systems could hamper their adoption to a certain extent.
  • Online availability of assistive systems is a prominent driver of the canes and crutches market, as discounts and deals are potent instruments to close sales. Sales through the said channel are projected to witness a CAGR of around 3.9% during the forecast period (2020-2027).
  • Application of quad canes extending beyond disabled individuals towards the aged populace would continue to induce high adoption rates of canes. Sales of canes are expected to remain 63% higher over crutches and associated accessories during the forecast period.

Buy Now – https://www.factmr.com/checkout/4419

Find More Valuable Insights on Canes and Crutches Market

Fact.MR, in its new offering, brings to the fore an unbiased analysis of the global canes and crutches market, presenting historical demand data (2017-2019), and forecast statistics for the period of 2020-2027. The study divulges compelling insights on the canes and crutches market on the basis of product (canes, crutches, and accessories), distribution channel (hospital pharmacies, medical retail stores, and online stores), across five major regions in the global canes and crutches market.

For More Insight- https://www.factmr.com/article/124/latest-trends-in-the-healthcare-industry-how-has-it-transformed-businesses

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com