North America Orthopedic Braces and Supports Market 2018 Growth Factors Analysis, Top Companies: Bauerfeind AG, DJO, Össur, Breg, BSN medical, Trulife, Ottobock HealthCare, DeRoyal

Sales, import, export and revenue are skyrocketing for the North America Orthopedic Braces and Supports market in the Orthopedic Devices industry.

This report not only shows what the figures for the CAGR level are but also shows what they will be in the forecast period of 2017-2024, while also explaining what the market definition, classifications, applications and market trends are. And also shows what the key players and brands are doing when it comes to their recent developments, product launches, joint ventures, merges and accusations.

The report gives an abstract knowledge on all the key player’s company profiles and all way showing what the market drivers and restrains are with the help of SWOT analysis.

DJO Global dominates the North America market with 24.6% market share.

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North America Orthopedic Braces and Supports Market accounted for USD 1.6 billion in 2016 and is expected to reach USD 2.2 billion by 2024, growing at a CAGR of 4.7% during the forecast period of 2017 to 2024. The report includes the market value, volume and average selling price of orthopedic braces and supports market.

The North American orthopedic braces and supports market is driven by the rising population of geriatric population globally. Some of the major healthcare condition driving this market is osteoarthritis, sports injuries, other traumatic wounds, orthopedic surgeries, obesity and osteoporosis. Manufacturers and suppliers developing and promoting braces and supports for prophylactic and performance-enhancing products are expected to fueling the market revenue. A new trend of increasing sales of orthopedic braces and supports via e-commerce is expected to become the biggest sales channel for these devices by 2025. Also stock and bill programs allow manufacturers to bill insurers directly another positive factor for this markets growth.

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

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The increasing trend of lifestyle activities in the elderly populations has caused to a rising incidence of osteoarthritis and the increasing awareness of braces and supports will definitely create growth in this market more than what is expected. Also larger the customer base larger is the main focus of this market, the user pool is mostly of geriatric population but the spread into other age’s population is the new market goal.

North America Orthopedic Braces and Supports Market Segmentation:

The North America orthopedic braces and supports market is segmented into type knee braces and supports, foot and ankle braces and supports, spinal orthoses, upper extremity braces and supports and Leg walkers, and by end-user hospitals, orthopedic clinics and others.

The knee braces and supports market is segmented into 4 product types knee support, knee braces for osteoarthritis, knee braces for ligament injury and post-operative knee braces. Knee support holds a lion’s share of 57.8% of the knee braces and supports market in 2015, accounting to USD 649.9 million in 2015 growing at a CAGR of 4.1% during the forecast period 2016 to 2022.

In 2015, U.S. dominates the North America market with a revenue share of 93.6% in 2015 growing at a highest CAGR of 4.6% in the forecast period. Canada is growing at a CAGR of 4.2% from 2016 to 2022.

Some of the Major Players:

• DJO Global,
• Ossur Corporate,
• Bauerfeind AG,
• Breg, Inc.,
• BSN Medical GmbH,
• DeRoyal Industries, Inc.,
• Otto Bock Healthcare GmbH,
• Alcare Company Ltd.,
• Oppo Medical,
• Trulife among other vernacular players.

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