The medical crutches market was at USD 921.7 million in 2023, which will touch USD 1,358.8 million by 2030, powering at a rate of 5.8% during the forecast period. This is because of the growing aging populace, the growing incidence of bone-related conditions such as osteoporosis, arthritis, and the growing count of surgical processes performed at a global level.
The increasing count of senior citizens is ensuing the expansion of the industry. As per a recent study, the elderly population is rising at a considerable pace. For example, 1 in 6 people would be 60 years or more by 2030.
Since elderly individuals are more vulnerable to bone-related ailments such as rheumatoid arthritis, knee pain, and pain in the lower extremities, the dependance of patients on caretakers and family members for daily tasks needing movements is increased, which, powers the requirement for crutches.
The underarm crutches are the market leaders, with a revenue share of 30% in 2023. This is due to the ease of use of these crutches, and they are extensively used throughout short-term conditions as maximum healthcare institutions discharge patients with the crutches.
The metal alloy category is the leader of the pack, accounting for a share of 40% in 2023. This is for the reason that metal alloy crutches have numerous advantages over others like they are cost-effective, adjustable, lightweight, contented, weather-resistant, and robust. Furthermore, they are appropriate for people with long-term disability, because they are considered the finest for long-term use.
It is because of the growing elderly population all over the globe, the demand for medical crutches will continue to grow in the years to come as well.
