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 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.
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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
Restraint
Presence of alternative devices
to axillary crutches is expected to be one of the major factor restraining the
axillary crutches market growth over the forecast period. For instance,
presence of other walking assisted device such as canes, walkers, and
wheelchairs can replace the use of axillary crutches and hinder market growth.
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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