PUBLISHER: Allied Market Research | PRODUCT CODE: 1179687
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179687
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.
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 walker and non-air CAM walker 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 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 market. 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 the distribution channel, it is categorized into medical & pharmacy stores, specialty stores, and online retailers.
Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (France, Germany, Italy, Spain, UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, United Arab Emirates, Argentina, and rest of LAMEA). The impact of the COVID-19 outbreak was moderate on the growth of the CAM walker market. Rise in internet penetration and surge in e-commerce sales contributed toward the growth of the market. However, trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the CAM walker market is expected in near future.
In North America and Europe, the CAM walker market has seen a higher penetration rate. However, this product has low availability in some major areas of Asia-Pacific and LAMEA, which can be attributed to poor macroeconomic variables such as low internet penetration and inadequate marketing techniques by market players. As a result, the CAM walker market expansion is constrained by a lack of such technologies and products.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the CAM walker industry include Braceability, Deroyal Industries, Inc., Dynatronics Corporation, Enovis, Orthofix Medical Inc, Ossur, 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.
By Type
By Size
By End User
By Distribution Channel
By Region