Axillary Crutches Market RegionalAnalysis
North America is expected to holda dominant position in global AxillaryCrutches Market, owing to presence of key players in region and rapidresearch and development activities for the development of new axillarycrutches with novel design, shape, which make walking more easy and painless.For instance, in 2016, Mobility Designed, LLC, a U.S-based company, designed anovel axillary crutch with a reinvented design, which places body weight on theforearms and provides a painless walk with crutch.
Asia Pacific axillary crutchesmarket is expected to witness significant growth owing to increasing geriatricpopulation, which is expected to increase demand for axillary crutches in theaged people suffering from walking disability. For instance, according to thedata published by United Nations Economic and Social Commission for Asia andthe Pacific (ESCAP) in 2016, Asia Pacific region constitutes around 60% of theworld’s geriatric population. It is estimated that in 2016, around 547 millionpeople were aged above 60 years in Asia Pacific region and this number isexpected to double and reach around 1.3 billion by 2050.
Axillary crutches are themobility aids used by individuals suffering from walking disability, factures,paralysis, and leg injuries. Axillary crutches transfer the weight from legs tothe arms/shoulders and support the movement of individuals who are unable towalk due to some disability. Axillary crutches are lightweight and they areavailable in various materials, which includes aluminum, stainless steel, andwooden. Axillary crutches are adjustable in size and can be adjusted as per theuser need, height, and comfort. Furthermore, key players in the market areinvolved in developing various axillary crutches with new designs to providecomfort to its users.
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Axillary Crutches Market Drivers
Increasing prevalence of walkingdisability is expected to increase demand for axillary crutches and fuelaxillary crutches market growth over the forecast period. According to Centerfor Disease Control and Prevention (CDC), in 2017, an estimated 8.2 millionadults were suffering from some kind of walking disability in the U.S.
According to the data publishedby 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 medicaldevice such as crutches and cane while waking. Such high prevalence ofdisabilities among population is expected to propel demand for axillarycrutches in market.
Majority of the geriatricpopulation experience some problem in walking, which require support such asaxillary crutches while walking. Hence, increasing prevalence of geriatricpopulation is expected to increase demand for axillary crutches, which in turnis expected to fuel global axillary crutches market growth over forecastperiod.
For instance, according to thedata published by United Nations Population Fund, people aged 60 years andabove accounted for 12.3% of the global population in 2015, which is expectedto increase to 22% by 2050, accounting for 2 billion people. According to asurvey conducted by Population Reference Bureau in 2016, over 46 million seniorcitizens were reported of age 65 and above in the U.S. Around 48% of this agingpopulation is disabled due to age factor and chronic diseases.
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Furthermore, increasing incidenceof road accidents leading to various injuries including severe injuries in legsor permanent disability of legs is increasing the demand for axillary crutches,which in turn is expected to fuel axillary crutches market growth. Forinstance, according to World Health Organization (WHO), in 2017, around 1.25million people die annually and more than 20 to 50 million people experiencesevere injuries and factures, due to road traffic crash.
Axillary Crutches MarketRestraint
Presence of alternative devicesto axillary crutches is expected to be one of the major factor restraining theaxillary crutches market growth over the forecast period. For instance,presence of other walking assisted device such as canes, walkers, andwheelchairs can replace the use of axillary crutches and hinder market growth.
Axillary Crutches Market KeyPlayers
Key players operating in globalaxillary crutches market include: Cardinal Health, Inc., Ossenberg GmbH,Invacare Corporation, Millennial Medical, LLC, NOVA Medical Products, CarexHealth Brands Inc., GF Health Products, Inc., MIKIRAD Grzegorz Kicior, and Ergoactives.
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