Axillary Crutches Market An Array Of Graphics And SWOT Analysis of Major Industry Segments

Axillary
crutches
are the mobility aids used by individuals suffering from walking
disability, factures, paralysis, and leg injuries. Axillary crutches
transfer the weight from legs to the arms/shoulders and support the
movement of individuals who are unable to walk due to some
disability. Axillary crutches are lightweight and they are available
in various materials, which includes aluminum, stainless steel, and
wooden. Axillary crutches are adjustable in size and can be adjusted
as per the user need, height, and comfort. Furthermore, key players
in the market are involved in developing various axillary crutches
with new designs to provide comfort to its users.
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Axillary Crutches Market Drivers
Increasing
prevalence of walking disability is expected to increase demand for
axillary crutches and fuel axillary crutches market growth over the
forecast period. According to Center for Disease Control and
Prevention (CDC), in 2017, an estimated 8.2 million adults were
suffering from some kind of walking disability in the U.S.
According
to the data published by U.S. Census Bureau in 2012, approximately
30.6 million people in the U.S. has difficulty walking or climbing
stairs and they require supportive medical device such as crutches
and cane while waking. Such high prevalence of disabilities among
population is expected to propel demand for axillary crutches in
market.
Majority
of the geriatric population experience some problem in walking, which
require support such as axillary crutches while walking. Hence,
increasing prevalence of geriatric population is expected to increase
demand for axillary crutches, which in turn is expected to fuel
global axillary crutches market growth over forecast period.
For
instance, according to the data published by United Nations
Population Fund, people aged 60 years and above accounted for 12.3%
of the global population in 2015, which is expected to increase to
22% by 2050, accounting for 2 billion people. According to a survey
conducted by Population Reference Bureau in 2016, over 46 million
senior citizens were reported of age 65 and above in the U.S. Around
48% of this aging population is disabled due to age factor and
chronic diseases.
Furthermore,
increasing incidence of road accidents leading to various injuries
including severe injuries in legs or permanent disability of legs is
increasing the demand for axillary crutches, which in turn is
expected to fuel axillary crutches market growth. For instance,
according to World Health Organization (WHO), in 2017, around 1.25
million people die annually and more than 20 to 50 million people
experience severe injuries and factures, due to road traffic crash.
Axillary Crutches Market Regional
Analysis
North
America is expected to hold a dominant position in global axillary
crutches market, owing to presence of key players in region and rapid
research and development activities for the development of new
axillary crutches with novel design, shape, which make walking more
easy and painless. For instance, in 2016, Mobility Designed, LLC, a
U.S-based company, designed a novel axillary crutch with a reinvented
design, which places body weight on the forearms and provides a
painless walk with crutch.
Asia
Pacific axillary crutches market is expected to witness significant
growth owing to increasing geriatric population, which is expected to
increase demand for axillary crutches in the aged people suffering
from walking disability. For instance, according to the data
published by United Nations Economic and Social Commission for Asia
and the Pacific (ESCAP) in 2016, Asia Pacific region constitutes
around 60% of the world’s geriatric population. It is estimated
that in 2016, around 547 million people were aged above 60 years in
Asia Pacific region and this number is expected to double and reach
around 1.3 billion by 2050.
Axillary Crutches Market Key Players
Key
players operating in global axillary crutches market include:
Cardinal Health, Inc., Ossenberg GmbH, Invacare Corporation,
Millennial Medical, LLC, NOVA Medical Products, Carex Health Brands
Inc., GF Health Products, Inc., MIKIRAD Grzegorz Kicior, and
Ergoactives.
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