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.

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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

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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.

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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

 

Categories
Pharmaceutical

Regions with High Density of Geriatric Population to Lead Canes and Crutches Market Through 2027

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

For detailed insights on enhancing your product footprint, request for a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=4419

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.

incremental opportunity analysis of canes and crutches market by distribution channel

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.

For critical insights on this market, request for methodology here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4419

  • 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.

A key opinion leader at Fact.MR portends, “Development of canes and cranes with adjustable sizes and customised shapes will remain a crucial key to unlock lucrative market opportunities, as intense competition pushes market players to explore new USPs to improve sales prospects.”

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Organic Growth Strategies to Outweigh Inorganic Ones in Canes and Crutches Market

The canes and crutches market remains consolidated in developed regions, while it stays fragmented in developing regions. Players operating in the U.S. and Germany have strong manufacturing and distribution competencies, which they strive to further improve through product innovation.

For instance, Drive DeVilbiss Healthcare announced the addition of new sports ball cane tips to its portfolio, which boast of a strong grip while protecting floor surfaces from damages.

Leading players adopt acquisition strategies to gain reciprocal advantage, in terms of distribution network and technological advancements, with players operating in developing regions such as Asia Pacific.

Read More Trending and Similar Reports from Fact.MR – http://www.globenewswire.com/en/news-release/2018/07/17/1538099/0/en/6-Key-Highlights-on-Biobanking-Equipment-Market-for-Forecast-Period-2017-2022.html

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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 analyzed. 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

Categories
Pharmaceutical

Canes and Crutches Market to Reach US$ 1.2 Billion by 2027, with Asia Pacific Brining in New Opportunities, Says Fact.MR

Canes and Crutches Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Canes and Crutches insightful data for the specific country/regions. The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Canes and Crutches market and quantified with insightful rationale.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Canes and Crutches devices are soaring rapidly.

The Demand analysis of Canes and Crutches Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Canes and Crutches Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-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

A comprehensive estimate of the Canes and Crutches market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Canes and Crutches during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The Market survey of Canes and Crutches offers a comprehensive analysis of diverse features, including production capacities analysis of Canes and Crutches, demand, product developments, revenue generation, and Size of Canes and Crutches Market across the globe.

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies in healthcare sector is positively impacting the Canes and Crutches market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Canes and Crutches manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Canes and Crutches witnessed a huge upsurge and the trend is likely to continue in the future.

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Some Notable Offerings by Fact.MR Report on Canes and Crutches market:

  • We will provide you an analysis of the extent to which this Canes and Crutches market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

  • Canes and Crutches Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Canes and Crutches category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Canes and Crutches Manufacturing trend analysis: A key aspect of the study is comprehensive Canes and Crutches manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Canes and Crutches: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Canes and Crutches market. Adoption of various technologies are being discussed in detail.
  • Canes and Crutches demand by country: The report forecasts the country wise demand for Canes and Crutches between 2021 and 2031. By analyzing this section of the report, Canes and Crutches manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Canes and Crutches: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Some of the Canes and Crutches Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Canes and Crutches and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Canes and Crutches Market .
  • Insights about adoption of new technologies and its influence on the Canes and Crutches market Size.
  • Overview of the impact of COVID-19 on Canes and Crutches Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Canes and Crutches Market during the forecast period.

To get all-in insights on the regional landscape of the Canes and Crutches Market, Buy Now:-https://www.factmr.com/checkout/4419

After reading the Market insights of Canes and Crutches Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Canes and Crutches market revenue.
  • Study the growth outlook of Canes and Crutches market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Canes and Crutches market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Canes and Crutches Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/breast-cancer-diagnostics-market-sales-set-to-grow-by-4-7-percent-to-surpass-us-2000-mn-by-2022-end-fact-mr

How Fact.MR Assists in Making Strategic Moves For Canes and Crutches Market Manufacturer?

  • The data provided in the Canes and Crutches market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

More Related Reports by Fact.MR On Healthcare Sector: 

Veterinary Endodontics Market :_Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Computer-Assisted Orthopedic Surgery Market :-Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

About Fact.MR

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. We have offices in US and Dublin, whereas our global headquarter is in Dubai. 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 analyzed. 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
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com