Press release
Orthopedic Braces and Support Systems Market: Basic Knee Rehabilitation Procedures to Generate Significant Revenues
Fact.MR
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From road accidents to accidental mishaps at home, the incidence of bone ailments continues to gain traction. Increasing incidence of bone disorders and fractures caused by accidental damage or genetics has propelled the demand for the orthopedic brace and support systems. Medical device manufacturers across the globe are working towards incorporating advancements in the development of metal structures used for orthopedic braces and support systems. Healthcare companies are focusing on easing patient discomfort during and after orthopedic procedures. However, surgeons and orthopedics are compelling manufacturers to lower the presence of metal or alloy materials in the production of orthopedic braces and support systems. With aggressive research & development, orthopedic braces and support systems being made of hybrid or composite materials are gradually penetrating the market. The overall orthopedic braces and support system marketplace continues to witness increasing demand and growing complexities in manufacturing.
According to a recently published study by Fact.MR, the global market for orthopedic braces and support systems will incur a steady growth in the foreseeable future. Leading manufacturers of orthopedic braces and support systems are expected to continue to put the highest emphasis on developing top-quality braces and support systems. Moreover, several companies are expected to create a range of products that provide orthopedic support to the patient externally. The support systems that entail minimally invasive affixation procedures are expected to witness high demand in the years to come. The study projects that the global demand for orthopedic braces and support systems will translate into US$ 3 billion worth of global revenues by the end of 2022.
Key Role of Orthopedic Support Systems in Treatment of Leg and Knee Injuries
Orthopedic braces have become advantages in the treatment of arthritis and severe joint dislocation. In addition, their role in boosting recovery of patients suffering from knee and leg injuries is also gaining momentum. Over the recent past, bracing procedures have become a sought-after preventive measure for leg and knee injuries. Products sold in the global orthopedic braces and support systems market are being widely used in basic knee rehabilitation procedures across the globe. The study projects that by the end of 2022, over half a billion dollars of knee braces and leg supports will be sold in the global market. Throughout the forecast period, 2017-2022, knee braces and leg support systems will represent top-selling products in the global orthopedic braces and support systems market.
Hospitals to Emerge as Largest End-users of Orthopedic Braces and Support Systems
The study also projects that the demand for orthopedic braces and support systems will be highest among hospitals. A majority of orthopedic treatments are being conducted in hospitals, pertaining to the availability of professional care and advanced medical assistance. The study estimates that orthopedic braces and support systems worth over US$ 500 Mn were sold across global hospitals in 2017. The report has further revealed leading manufacturers of orthopedic braces and support systems. Companies namely, Breg, Inc., Bauerfeind AG, DeRoyal Industries, Inc., BSN Medical GmbH, Ossur hf., DJO Global, Inc., Promedics Orthopedics Ltd., Otto Bock Healthcare GmbH, Trulife Inc. and Ascent Meditech Ltd. are expected to remain active in instrumenting the expansion of the global orthopedic braces and support systems market through 2022.
Browse Full Report with TOC- https://www.factmr.com/report/327/orthopedic-braces-support-system-market
Table of Content:
Chapter 1 Global Outlook
1.1 Global Healthcare Industry Outlook
Chapter 2 Global Orthopedic Braces & Support Systems Market – Executive Summary
Chapter 3 Global Orthopedic Braces & Support Systems Market Overview
3.1 Introduction
3.1.1 Global Orthopedic Braces & Support Systems Market Taxonomy
3.1.2 Global Orthopedic Braces & Support Systems Market Definition
3.2 Global Orthopedic Braces & Support Systems Market Size (US$ Mn) and Forecast, 2012-2022
3.2.1 Global Orthopedic Braces & Support Systems Market Y-o-Y Growth
3.3 Global Orthopedic Braces & Support Systems Market Dynamics
3.4 Supply Chain
3.5 Cost Structure
3.6 Pricing Analysis
3.7 Raw Material Sourcing Strategy and Analysis
3.8 Procedure Numbers, By Region
3.9 PEST Analysis
3.10 Product Life Cycle Analysis
3.11 Key Participants Market Presence (Intensity Map) By Region
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Healthcare market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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