Cam Walker Market Research, 2031
The global cam walker market was valued at $320.1 million in 2021, and is projected to reach $498.9 million by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
CAM walkers are adjustable, reusable, and fully removable medical boots that increase support for the foot during the healing process after an injury. These help limit foot and ankle movement and thus are prescribed for acute ankle sprains, toe fractures, metatarsal stress fractures, foot fractures or breaks, post-Achilles tendinitis surgery, and other conditions. Air CAM walkers and non-air CAM walkers are the two types of CAM walkers available in the market. Air CAM walker is important for post-surgery patients because it helps to reduce pain, and swelling, and improve the healing time of the injury.
The demand for CAM walker has witnessed an increase in recent years owing to a surge in the number of foot and ankle-related issues such as foot fracture or break, toe fracture, acute ankle sprains, and others in many countries. According to the American Podiatric Medical Association (APMA) 2019, in the U.S., about 77% of people encountered foot disorders and related issues. Consumers are inclined toward the CAM walker products attributed to the increase in awareness about foot and ankle-related concerns which is expected to fuel the growth of the cam walker industry market.
There is an increase in the number of people suffering from foot-related issues such as stress fractures, ankle sprains, lisfranc injuries, soft tissue injuries (Achilles tear/rupture), plantar fascia, metatarsalgia (pain under the balls of the forefoot), and others. According to a Swedish study, the annual incidence of ankle fracture in the adult population is 179 per 100,000 people. Most of the injured population suffers from long-term foot pain and fractures which require long recovery or healing time. Nowadays, physicians mostly prescribe the CAM walker to patients with ankle injuries to control ankle movement and reduce healing time.
Consumers are inclined toward medical footwear which helps minimize such type of issues and help reduce the healing time of the injury owing to a rise in awareness about foot-related concerns and an increase in health expenditure. Patients with medical conditions such as post-operative immobilization, stable fractures of the foot and ankle, soft tissue injuries, metatarsalgia, and other conditions majorly prefer CAM walkers to treat their ankle and foot problems. The increase in foot-related injury concerns among consumers is expected to boost the sales of the CAM walker market forecast period.
Cam walkers are widely used to treat ankle injury as well as post-surgery ankle pain. These help control ankle movement and improve the healing time of the injury as well as are easy to use as compared to conventional products. The key players are increasingly focusing on the development of specialized products for the treatment of various foot and ankle disorders and deformities with the increase in the number of foot and ankle injury incidences around the globe. The availability of advanced products and treatment modalities is generating significant interest among end users owing to better treatment outcomes. The increasing product commercialization is expected to benefit the growth of the CAM walker Industry in the upcoming years.
According to the report of the World Health Organization 2021, global spending on health is increased twofold over the past two decades and reached 8.5 trillion in 2019, or 9.8% of global GDP. It was also mentioned that spending is unequally distributed, with high-income countries accounting for approximately 80%, of the share of global health aid. Consumers are becoming more health conscious and adopting innovative new medical equipment to treat long-term medical conditions in developing countries as well as developed countries. Consumers are increasingly spending on advanced medical equipment and devices with an increase in per capita healthcare expenditure.
Cam walkers are widely used to treat ankle injury as well as post-surgery ankle pain. These help control ankle movement and improve the healing time of the injury as well as are easy to use as compared to conventional products which positively impact cam walker market demand. The key players are increasingly focusing on the development of specialized products for the treatment of various foot and ankle disorders and deformities with the increase in the number of foot and ankle injury incidences around the globe. The availability of advanced products and treatment modalities is generating significant interest among end users owing to better treatment outcomes. The increasing product commercialization is expected to benefit the growth of the CAM walker market in the upcoming years.
The CAM walker market is segmented on the basis of type, size, end user, distribution channel, and region. On the basis of type, the market is classified into air CAM walker and non-air CAM walker. By size, it is bifurcated into short and tall. By end user, it is classified into children and adult. As per the distribution channel, it is categorized into medical & pharmacy stores, specialty stores, and online retailers.
By type, non air cam walker are the most commonly used type of CAM walker and thus are the cam walker market share holder in 2021. Non-air CAM walkers do not have an inflatable bladder, but it provides basic support for the foot and ankle with minor injuries such as toe fracture, post bunion surgery, or heel pain. Physicians are mostly prescribing these types of walkers to patients after surgery foot and during rehabilitation. It helps limit foot & ankle movement and provides natural step that requires less energy, making it easier to move around and carry on with normal daily activities. It is a cost-effective solution for a post-operational foot injury.
By end user, adult segment is anticipated to grow at the highest rate during the forecast period in cam walker market growth, owing to an increase in the number of foot injuries in many countries. adult segment hold more than 70% of cam walker market size. Moreover, Leg and ankle injuries in adults are the most common issues seen in primary care and emergency departments. Adult segment is predicted to retain its dominance throughout the forecast period in cam walker market size, however, the children segment is predicted to have the highest growth due to Sports-related injuries accounting for nearly one-third of all childhood injuries. Sprains and strains are by far the most common injuries in children.
By size, tall Cam walker are the most commonly used size of CAM walker and thus are the major cam market share holder in 2021. the tall boot is adequate for calf muscle tears and offers additional support for tibia or fibula fractures. There are regular and Pneumatic designs available in tall CAM walker, which will be preferred on the amount of cushion required. The tall CAM walker segment is predicted to retain its dominance throughout the forecast period, however, the short CAM walker demand is predicted to have the highest growth due to it being a natural complement to the high-top CAM walker. Short CAM walkers are convenient and beneficial for foot and ankle injuries and are expected to propel market growth in upcoming years.
By distribution channel, medicine & pharmacy stores channel of CAM walker purchase is the most popular in 2021, however, the online channels of sale are predicted to have the highest growth during the forecast period. The online platform serves as a popular medium for the purchase of CAM walker. This is attributed to easy availability and the benefits such as information about the attributes of the products, time-saving features, and the facility of home delivery provided by online platforms during cam walker growth market forecast years.
By region, North America is the largest consumer of CAM walker as increased geriatric patients with osteoporosis and other bone-related diseases and an increase in the number of road accident cases in the region. Europe is the second largest owing to the Increase in prevalence of organ and tissue dysfunction that causes ankle bone diseases has been increasing at a rapid pace, motivating and lifting the growth of the Europe CAM walker market. Asia-Pacific is predicted to have the largest growth during the forecast period due to a rise in the geriatric population along with an increase in the number of ankle and foot surgeries in the region. The average life expected to increase propel cam walker demand in the Asia-Pacific region is higher than in other regions. Some of the major players analyzed in this report are Braceability, Deroyal Industries, Inc., Dynatronics Corporation, Enovis, Orthofix Medical Inc, Össur, Ottobock, Dynamic Techno Medicals, Thuasne, and Trulife.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cam walker market analysis from 2021 to 2031 to identify the prevailing cam walker market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cam walker market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global cam walker market trends, key players, market segments, application areas, and market growth strategies.
Cam Walker Market Report Highlights
Aspects | Details |
By Type |
|
By Size |
|
By End User |
|
By Distribution Channel |
|
By Region |
|
Key Market Players | Bird And Cronin, LLC, ottobock, thuasne, DJO, LLC, Össur, DARCO International, Inc., Breg, Inc., BraceAbility.com, DeRoyal Industries, Inc., trulife |
Analyst Review
According to the insights of CXOs of leading companies, the innovation and cost cutting in CAM walker is a crucial aspect in the expansion of the global CAM walker market. The rise in demand for CAM walkers from potential consumers encourages manufacturers to develop new CAM walker along with the low manufacturing cost, which is expected to drive the growth of the CAM walker market.
The CXOs further added that the increased development of various types of CAM walkers for specific functions or injuries with a low cost which is affordable for customers in developing countries such as China, India, and others is a market growth opportunity. In addition, as the rate of internet access increases in important regions of the globe, market players will be able to launch online marketing activities. These internet platforms are one of the simplest ways to increase awareness about the health benefits of CAM walkers as well as the characteristics of the CAM walkers among potential buyers. As a result, engaging in such areas is projected to open up prospects for the growth of the global CAM walker market.
North America and Europe dominated the market with more than half the market share in 2021 and are anticipated to continue their dominance during the forecast period. Furthermore, LAMEA and Asia-Pacific are projected to witness growth at the highest CAGRs owing to increase in aged population suffering from foot-related issues
The global CAM walker market size was valued at $320.1 million in 2021, and is projected to reach $498.9 million by 2031, registering a CAGR of 4.5% from 2022 to 2031.
The CAM walker market is segmented into type, size, end user, distribution channel, and region. On the basis of type, the market is classified into air CAM walker and non-air CAM walker. By size, it is bifurcated into short and tall. By end user, it is classified into children and adult. As per distribution channel, it is categorized into medical & pharmacy stores, specialty stores, and online retails. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific
The major players analyzed for CAM walker market are Braceability, Deroyal Industries, Inc., Dynatronics Corporation, Enovis, Orthofix Medical Inc, Össur, Ottobock, Dynamic Techno Medicals, Thuasne, And Trulife.
The global CAM walker market report is available on request on the website of Allied Market Research.
The forecast period considered in the global CAM walker market report is from 2022 to 2031. The report analyzes the market sizes from 2022 to 2031 along with the upcoming market trends and opportunities. The report also covers the key strategies adopted by the key players operating in the market.
The base year calculated in the CAM walker Market report is 2021.
Loading Table Of Content...