"Designing Growth Strategies is in our DNA"

Orthopaedic Bracing and Support Systems Market Size, Share & Industry Analysis, By Product Type (Brace Type, Ankle Braces and Supports, Back Braces and Supports, Walker Boots, Pain Management Products, Upper Extremity Braces and Supports), By Application (Ligament Injury, Preventive Care, Post-operative Rehabilitation, Osteoarthritis, Others), By End-User (Hospitals, Clinics, Others)and Regional Forecast, 2024-2032

Region : Global | Report ID: FBI102508 | Status : Ongoing

 

KEY MARKET INSIGHTS

Orthopedic braces and support systems are the medical devices that are designed to address muscoskeleton issues. They are used to properly align, correct the position, support, stabilize, and protect certain parts of the body, particularly muscles, bones, and joints as they heal from any injury or trauma. Many specialized healthcare fields use orthopedic braces, including those concerned with rehabilitating and preventing injuries, post-operative care, osteoarthritis care, and more. Rising incidences of osteoarthritis, growing geriatric population, increasing sport-related injuries, and a number of product launches by the key market players in this field are some of the factors that are expected to drive the market growth during the forecast period. For instance, according to an article published by the National Center for Biotechnology Information, osteoarthritis is the most common joint disorder in the United States and occurs in 10% men and 13% women aged 60 years or older.


Key Market Driver -

Rising incidences of osteoarthritis, growing geriatric population

Key Market Restraint -

Unclear reimbursement and regulatory scenario


Rising incidences of osteoarthritis, growing geriatric population, increasing sport-related injuries, and a number of product launches by the key market players in this field are some of the factors that are driving the market growth.

However, the unclear reimbursement and regulatory scenario are likely to decline the growth of the orthopedic bracing and support systems market.

Market Segmentation:


By product type, the market can be segmented knee braces, ankle braces and supports, back braces and supports, walker boots, pain management products, and upper extremity braces and supports. By knee braces, the market can be further segmented into post operational knee braces and knee braces and supports. By upper extremity braces and supports, the market can be further segmented into wrist braces and supports, elbow braces and supports, and others. By application, the market can be segmented into ligament injury, preventive care, post-operative rehabilitation, osteoarthritis, and others. By end users, the market can be segmented into hospitals, clinics, and others.

Geographically, the orthopedic bracing and support systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:


The major companies in the global orthopedic bracing and support systems market report includes DeRoyal Industries, Inc., Zimmer Biomet, Bauerfeind, ALCARE Co., Ltd., Össur Corporate, Breg, Inc., BSN medical, Inc., and other prominent players.

Key Insights



  • Prevalence of Osteoarthritis by Key Regions/Countries

  • New Product Launches

  • Technological Advancements in Orthopaedic Bracing and Support Systems

  • Key Industry Developments – Mergers & Acquisitions, Partnerships


Regional Analysis:


To gain extensive insights into the market, Request for Customization


The global orthopaedic bracing and support systems market is expected to be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to lead the global orthopaedic bracing and support systems market due to the rising adoption of orthopaedic bracing and support systems, increasing prevalence of osteoarthritis, and the growing geriatric population in this region. For instance, according to the Population Reference Bureau., the number of Americans aged 65 and above is projected to nearly double from 52 million in 2018 to 95 million in 2060. Europe is projected to have substantial market growth throughout the forecast period owing to the rising prevalence of osteoarthritis, and growing government initiatives in providing funds for research activities in the field of orthopaedic bracing and support systems. Asia Pacific is expected to witness growth with the highest CAGR during the forecast period due to the increasing patient pool of osteoarthritis, and growing awareness about the orthopaedic bracing and support systems among the people. On the other hand, Latin America and the Middle East and Africa is projected to have a lucrative growth in the orthopaedic bracing and support systems market in the upcoming years.

Segmentation


























 ATTRIBUTE

 DETAILS

By Product Type



  • Brace Type

    • Post operational Knee Braces

    • Knee Braces and Supports



  • Ankle Braces and Supports

  • Back Braces and Supports

  • Walker Boots

  • Pain Management Products

  • Upper Extremity Braces and Supports

    • Wrist Braces and Supports

    • Elbow Braces and Supports

    • Others





By Application



  • Ligament Injury

  • Preventive Care

  • Post-operative Rehabilitation

  • Osteoarthritis

  • Others



By End-User



  • Hospitals

  • Clinics

  • Others



By Geography



  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Orthopaedic Bracing and Support Systems Industry Developments



  • In February 2019, Breg, Inc. launched their next generation unloader knee brace for mild to severe osteoarthritis.

  • In June 2018, Wasp launched a digital orthopaedic laboratory giving patients access to custom 3D printed medical support devices.

  • In May 2015, Townsend Design announced the North America release of new osteoarthritis knee brace designed to relieve pain by reducing load on the side of the knee.


  • Ongoing
  • 2023
  • 2019-2022

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Ansell
3M
abbvie
Grifols
Amgen

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X