Orthopedic Orthotics Market Emerging Growth Factors,Opportunity and Investment Analysis By Top Players

According to a new report published by Allied Market Research, titled, "Orthopedic Orthotics Market by Anatomical region, Posture, Manufacturing: Global Opportunity Analysis and Industry Forecast, 2017-2023," global orthopedic orthotics market was valued at $3,130 million in 2016, and is projected to reach $4,658 million by 2023, growing at a CAGR of 5.8% from 2017 to 2023. Lower-limb orthopedic orthotic devices segment held more than two-fifths share of the total market in 2016.

Orthopedic orthotic devices are used to support the spine or limbs or to assist/prevent relative movements. These devices can be braces, splints or other external devices which is commonly used by patients suffering from orthopedic disorders.

Get sample copy of this report :
https://www.alliedmarketresearch.com/request-sample/2766?utm_source=Prathm_OPR

improvement in healthcare infrastructures and rise in expenditures in emerging markets (such as India and China) to cater to the unmet medical needs.

The major factors that contribute to the growth of the market include rise in geriatric population, which is at a higher risk of orthopedic diseases such as osteoporosis, arthritis and sclerosis. Moreover, rise in incidence of accident cases and sports injury in turn stimulates the use of optical fibers. However, the high cost of customized orthotic devices is expected to restrain the market growth.

Key Findings of the Orthopedic Orthotics Market:

• The prefabricated orthotic devices segment is expected to grow at a significant CAGR of 4.7%, during the analysis period, i.e., 2017-2023.

• The upper limb orthotic devices segment is projected to grow at a CAGR of 6.1%.

• Custom-fabricated orthotic devices contributed for more than half of the global orthopedic orthotics market in 2016.

• The dynamic orthopedic orthotic devices segment is projected to grow at a CAGR of 6.1%.

• Japan is the major shareholder, accounting for more than one-third share of the Asia-Pacific orthopedic orthotics market in 2016.

Send Enquiry on this report @
https://www.alliedmarketresearch.com/purchase-enquiry/2766

Spinal orthopedic orthotic devices segment is expected to witness the highest CAGR of 7.0% during the forecast period. This is primarily attributed to the increasing accident cases which lead to spine injuries. On the other hand, Lower-limb orthopedic orthotic devices generated the maximum revenue, accounting for more than two-fifths share of the global Orthopedic Orthotics Market in 2016.

Key players:

• Bauerfeind AG
• Breg Inc.
• BSN Medical
• DeRoyal Industries Inc.
• DJO Global
• Ossur
• Ottobock
• Truelife
• Hanger Inc.
• Fillauer LLC.

Table of Content :


Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Rapidly aging population
3.4.1.2. High incidence of orthopedic disorders
3.4.1.3. Rise in physical health consciousness
3.4.1.4. Improvement of healthcare infrastructure in developing countries

3.4.2. Restraint

3.4.2.1. High cost of custom orthotic devices

3.4.3. Opportunity

3.4.3.1. Lucrative opportunities in emerging economies

3.4.4. Impact analysis

3.5. PORTERS FIVE FORCES ANALYSIS

3.5.1. Bargaining power of buyers
3.5.2. Bargaining power of suppliers
3.5.3. Threat of substitutes
3.5.4. Threat of new entrants
3.5.5. Competitive rivalry

3.6. GOVERNMENT REGULATIONS

3.6.1. U.S. FDA’s premarket clearance and approval requirements
3.6.2. European Union
3.6.3. Japan

Access Full Summary at :
https://www.alliedmarketresearch.com/orthopedics-orthotics-market

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.