The Global Orthopedic Braces and Supports Market is expected to exceed more than US$ 5.0 Billion by 2025 at a CAGR of 5.5% in the given forecast period.
The scope of the report includes a detailed study of global and regional markets on Global Orthopedic Braces and Supports Market with the reasons given for variations in the growth of the industry in certain regions.
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Orthopedic braces and supports are devices that are utilized to bolster and fortify muscles and joints. With the growing popularity of sports and athletic admirers worldwide, the frequency of sporting injuries and wounds are on the rising side. Major orthopedic item sellers are gaining by this by modified braces and supports for the generally most well-known sports injuries including sprains and strains, swollen muscles, knee wounds, fractures, Achilles tendon tears, dislocations, and cracks. Latest technologies and products have been upgraded from time to time. Elderly population plays an important role in expanding the need for the product in the market. This population base shows most elevated frequency of musculoskeletal issue. Aging forms to be a critical change in the skeletal and neuromuscular systems, bringing about powerless tendon, joint inflammation, and Anterior Cruciate Ligament (ACL) tear. At present, the geriatric population is rising at an exceptional rate. Thus, the interest for orthopedic braces and supports is required to develop in the future.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Bauerfeind Ag, Zimmer, Truelife, Ottobock, Ossur, Orthomerica, OPPO Medical Inc., DJO, LLC, Deroyal Industries, Inc., Cybertech, BSN Medical, Breg, Inc., Ascent Meditech Ltd, Alcare Co., Ltd., and 3M. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
This report provides:
1) An overview of the global market for Global Orthopedic Braces and Supports Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Global Orthopedic Braces and Supports Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The major driving factors of Global Orthopedic Braces and Supports Market are as follows:
- Rising awareness for orthopedic support systems
- Increasing target population base
- Rising number of road accidents and sport-related injuries
- Disorders such as arthritis, back pain, and osteoporosis are increasing globally
The restraining factors of Global Orthopedic Braces and Supports Market are as follows:
- High cost of products
- Disadvantageous reimbursement policies
The Global Orthopedic Braces and Supports Market has been segmented as below:
The Global Orthopedic Braces and Supports Market is Segmented on the lines of Product Segment Analysis, End User Analysis and Regional Analysis. By Product Segment Analysis this market is segmented on the basis of Foot and Ankle Braces & Supports its covers Hinged Braces & Soft Braces. Spinal Orthoses, Upper Extremity Braces & Supports, Wrist & Hand Supports, Shoulder Supports its covers Knee Braces & Supports, Knee Braces for Osteoarthritis, Post-Operational Knee Braces, Knee Support Braces & Functional Knee Braces for Ligament Injuries. And Pain Management.
By End User Analysis this market is segmented on the basis of Over the Counter (OTC) sector, Hospitals sector, Orthopedic Clinics sector and Other End Users sector. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Industry Trends
6 Orthopedic Braces & Supports Market, By Product
7 Orthopedic Braces & Supports Market, By End User
7.2 Orthopedic Clinics
7.3 Over the Counter (OTC)
7.5 Other End Users
8 Orthopedic Braces & Supports Market, By Geography
9 Competitive Landscape
10 Company Profiles
10.2 Bauerfeind Ag
10.3 Breg, Inc.
10.4 BSN Medical
10.5 Deroyal Industries, Inc.
10.6 DJO, LLC
10.9 OPPO Medical Inc.
10.10 Alcare Co., Ltd.
10.11 Ascent Meditech Ltd
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