Orthopedic Braces and Supports Market size was valued at USD 3.81 Bn. in 2022 and the total Orthopedic Braces and Supports revenue is expected to grow by 6 % from 2023 to 2029, reaching nearly USD 5.7 Bn.
Orthopedic Braces and Supports Market Report Scope
The comprehensive Orthopedic Braces and Supports Market analysis delves into the growth prospects, challenges, and projections. Utilizing Porter’s five forces, the report illustrates the formation of networks among suppliers and customers for informed decision-making. The research provides insights into market potential, encompassing in-depth analysis, market size, and segmentation. Investors gain a holistic view of the industry’s future, considering factors that may positively or negatively impact the market.
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Orthopedic Braces and Supports Market Research Methodology
The report employs rigorous research methodologies to assess the Orthopedic Braces and Supports market, including historical and contemporary scenarios. It serves as a valuable resource for investors by offering a clear depiction of competitive analysis, key players’ profiles, strengths, growth strategies, product portfolios, and geographical presence in both domestic and international markets.
What are Orthopedic Braces and Supports Market Dynamics:
The market growth is fueled by factors such as increasing occurrences of osteoarthritis, a rising geriatric population, heightened sports-related injuries, and continuous product innovations by prominent market players. Rising disposable income and the adoption of new technologies in developed nations contribute to early diagnosis and increased demand for orthopedic braces and support systems.
Orthopedic Braces and Supports Market Regional Insights:
North America dominates the market due to the region’s growth in musculoskeletal diseases and a surge in sports-related injuries. The growing geriatric population further contributes to market expansion. With the adoption of 3D printing capabilities and strategic collaborations, the region is poised for significant growth, maintaining a considerable market share.
What is Orthopedic Braces and Supports Market Segmentation:
by Product
by Type
by Application
1.Ligament Injury
1.1 Anterior Cruciate
1.2 Lateral Collateral
1.3 Other
2.Preventive Care
3. Post-operative Rehabilitation
4.Osteoarthritis
5.Compression Therapy
6. Other
by End-User
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Who are Orthopedic Braces and Supports Market Key Players:
DJO Global, Inc. (US)
1. Zimmer Biomet (US)
2. Medtronic (US)
3. Stryker Corporation (US)
4. Becker Orthopedic (US)
5. OPPO MEDICAL INC (US)
6. Langer Biomechanics (US)
7. Integra LifeSciences Corporation (US)
8. Globus Medical (US)
9. Frank Stubbs Company (US)
10.DeRoyal Industries (US)
11.NuVasive, Inc (US)
12.Weber Orthopedic LP. DBA Hely & Webe (US)
13.Active Ankle Systems, Inc (US)
14.3M Company (US)
15.Ottobock SE & Co. KGaA (Germany)
16.Artsanity S.R.L. (Italy)
17.Össur hf. (Iceland)
18.Allard International (Sweden)
19.Ascent Meditech Limited (India)
20.Alcare Co., Ltd (Japan)
21.Arshine Lifescience Co., Ltd. (China)
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The table of content for the Orthopedic Braces and Supports Market includes:
4. Company Profile: Key players
Key Offerings:
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