Press release
Orthopedic Braces & Support Systems Market Analysis and Forecast Report through 2017-2022 | Market Key Players - Bauerfeind AG, Breg, Inc., BSN Medical GmbH, DeRoyal Industries, Inc., DJO Global, Inc., Ossur hf., Otto Bock Healthcare GmbH
The scope of FactMR’s report is to analyze the global Orthopedic Braces & Support Systems Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global orthopedic braces & support systems market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to orthopedic braces & support system.
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Growing prevalence of arthritis, spinal deformities, sciatic nerve, impaired muscle, paralysis, fracture injury and stroke has led to an upsurge in demand for orthopedic braces & support system. Improper and heavy lifting further leads to bulging or ruptured disks, scoliosis, stress-induced back pain and scoliosis. According to CDC, an estimated 22.7% of the adults reported doctor diagnosed arthritis with higher age-adjusted prevalence in the women (23.5%) as compared to men (18.1%) in 2015. Wide range of foot related problems has led to a surge in adoption of the orthotic shoe devices and other orthopedic braces globally.
In order to offer comfort and convenience, the manufacturers in the orthopedic industry are focusing on exploring leading technology to integrate advanced features in the orthotic shoe devices that enable the end users to keep their foot in the neutral position and offer cushioning to protect the foot from overuse. Increasing incidences of fracture has led to surge in demand for speedy restoration process post removal of the cast. In addition, growing need to support the weak limbs continues to boost sales of the orthopedic braces and supports globally. The orthopedic braces guide or control an injured body segment or joint and immobilizes or limits an extremity during foot injury.
Application of the orthopedic braces also witness significant demand for managing weight issues among obese people. Obese patients struggle to walk or move comfortably and conveniently due to unmanageable weight. In order to reduce the weight bearing, the orthopedic braces are increasingly used among the obese people.
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With the growing prevalence of knee and leg injuries has led to an upsurge in demand for the knee braces & supports. On the basis of product type, the knee braces & supports is expected to generate significant revenues, accounting for a value of over US$ 500 Mn by the end of 2022. The knee braces & support product type segment is expected to register a robust CAGR throughout the forecast period.
Based on end users, the hospitals segment is expected to represent the highest revenue growth, recording a value of over US$ 500 Mn by the end of 2017. However, the ASCs end users segment is expected to register the highest CAGR through 2022.
Competition Tracking
Leading market players operating in the global orthopedic braces & support system market include Bauerfeind AG, Breg, Inc., BSN Medical GmbH, DeRoyal Industries, Inc., DJO Global, Inc., Ossur hf., Otto Bock Healthcare GmbH, Promedics Orthopedics Ltd., Ascent Meditech Ltd. and Trulife Inc.
Table of Contents
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
Chapter 4 Global Orthopedic Braces & Support Systems Market Analysis and Forecast, 2012-2022
4.1 Global Orthopedic Braces & Support Systems Market Size and Forecast By Product, 2012-2022
4.1.1 Knee Braces & Supports Orthopedic Braces & Support Systems Market Size and Forecast, 2012-2022
4.1.1.1 Revenue (US$ Mn) Comparison, By Region
4.1.1.2 Market Share Comparison, By Region
4.1.1.3 Y-o-Y growth Comparison, By Region
Continued…………………………………..
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