According to the latest report by IMARC Group, titled “Orthopedic Braces and Supports Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on orthopedic braces and supports industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global orthopedic braces and supports market size reached US$ 4.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032.
Orthopedic braces and supports are medical devices designed to address musculoskeletal issues by stabilizing, aligning, or correcting limb and joint positions and facilitating recovery from fractures, sprains, and other injuries. These devices play a crucial role in postoperative care, injury prevention, and chronic pain management related to orthopedic abnormalities. The range of products within this category includes knee braces, ankle supports, back braces, wrist splints, and neck collars, each tailored to specific body parts and medical requirements. Orthopedic braces are often recommended by healthcare professionals to provide support, limit movement during the healing process, alleviate pain and prevent further injury. They are commonly used in sports medicine to protect athletes from injury or to help them recover from existing injuries. The design of these supports has evolved with advancements in materials science, incorporating lightweight, breathable fabrics and customizable features for enhanced comfort and effectiveness.
Get a Sample Copy of this Report: https://www.imarcgroup.com/orthopedic-braces-supports-market/requestsample
Market Trends:
The increasing incidence of orthopedic diseases and disorders such as osteoarthritis, rheumatoid arthritis, and sports-related injuries is driving the global market. Advancements in material science and product design have also played a crucial role. The integration of smart technologies, such as sensors and wireless connectivity, has led to the development of innovative products that not only provide support but also track patient progress and adjust therapy accordingly. Moreover, the shift towards preventive healthcare and non-invasive treatments has highlighted the role of orthopedic support in avoiding surgical interventions and managing chronic conditions. Additionally, the sports industry consistently fuels the expansion of this market. The market is further driven by enhanced distribution channels and increased availability of orthopedic braces over e-commerce platforms, expanding their reach and convenience for users. This ease of access, combined with heightened health consciousness and self-care trends among the general population, ensures a steady demand for orthopedic braces and supports.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/orthopedic-braces-supports-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Breg, Inc.
- Össur Hf
- Bauerfeind AG
- DJO Finance LLC
- 3M Company
- Alcare Co., Ltd
- Otto Bock Healthcare
- Deroyal Industries, Inc.
- BSN Medical
- Medi GmbH & Co. KG
- Thuasne Group
- Zimmer Biomet Holdings, Inc.
- Trulife
- Remington Products Company
- Bird & Cronin
Orthopedic Braces and Supports Market Segmentation:
Our report has categorized the market based on region, product, type, application and end-user.
Breakup by Product:
- Lower Extremity Braces and Supports
- Spinal Braces and Supports
- Upper Extremity Braces and Supports
Breakup by Type:
- Soft and Elastic Braces and Supports
- Hinged Braces and Supports
- Hard and Rigid Braces and Supports
Breakup by Application:
- Ligament Injury
- Preventive Care
- Post-Operative Rehabilitation
- Osteoarthritis
- Others
Breakup by End-User:
- Orthopedic Clinics
- Hospitals and Surgical Centers
- Over-the-Counter (OTC) Platforms
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
Comments