Orthopedic Braces and Support Market Technological Advancements With Key Vendors Ossur Corporate, Bauerfeind AG, DeRoyal Industries, DJO Global, Breg, BSN Medical GmbH

According to The National Institute of Health (NIH), in 2010, around 524 million people were registered to fall under the age group of 65 years and above, which accounts to 8% of the global population. This number is expected to rise by three times and rise up to 1.5 billion by 2050, which will account up to 16% of the global population. This suggests a high probability of increase in the incidence rates of diseases, specifically related to bones like that of osteoarthritis and osteoporosis. Hence, these patients can act as potential consumers of the increasing orthopedic braces and support market.

Request A Sample Copy Including Research Framework: www.coherentmarketinsights.com/insight/request-sample/417

The global orthopedic braces and support market is segmented on the basis of utility and the functions, the orthopedic wearable braces can be majorly segmented into:

Lower extremity braces: These devices are used for lower parts of the body, namely knee, foot and ankle. These devices are usually advised by medical practitioners in cases where there is a necessity for immobilization of joints to treat fractures, one dislocation and ligament tears. These are especially recommended for use by patients who are involved in sports such as rugby and football.

Upper extremity braces: These devices are mainly used to treat patients with impairments caused in the upper part of the body. This includes wrist, elbows and shoulders. These devices are prescribed to patients usually suffering from inflammations and sprains. These are mostly utilized by people who are required to apply large pressures often on their wrists and shoulders like bodybuilders and weightlifters.

Back and hip braces: These devices are recommended to patients having issues with spinal cord and associated body parts. These are preferred by patients suffering from scoliosis or patients that have underwent in spine surgical procedures. These are also advised to people for posture correction and related issues.

Other braces: These devices includes neck, thigh, calf, groin, and other facial braces.

North America, followed by Europe was the largest revenue contributor in the global orthopedic braces and support market in 2016. Certain factors responsible for stimulating the growth of orthopedic braces in Asian countries such as China and India and also in Brazil are increasing GDP, growing healthcare spending, increasing public awareness regarding availability of various treatments, preventive measures adopted by the growing middle class population and change in lifestyle.

Why this is useful Report to you
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

Download PDF Brochure of Orthopedic Braces and Support Market Research Report @ www.coherentmarketinsights.com/insight/request-pdf/417

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

This release was published on openPR.