Orthopedic Braces and Support System Market to Surpass a Notable CAGR At 5.1% through 2026, Finds Fact.MR | Key Players DeRoyal Industries Inc., DJO Global Inc., Otto Bock Healthcare GmbH, etc.
To Get a Free Sample Copy of this Report, Visit here – https://www.factmr.com/connectus/sample?flag=RC&rep_id=327
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.
Manufacturers in the orthopedic industry are increasingly focusing on designing the orthopedic braces in line with smart technology. Some of the recently launched orthopedic products equipped with smart technology include step smart braces, smart AFO braces and smart spine braces. Companies operating in this industry are focusing on product innovation and developments in order to gain a competitive edge over the other market players. In order to gain traction in the global market, the companies are designing the smart devices with features that enable the skin to breathe and avoid developing bad smell. Manufacturers are increasingly adopting anatomical modelling software applications and hypoallergenic materials for enhanced accuracy and efficiency in designing the product. As these devices are lightweight and water resistant, demand for the orthopedic devices is likely to increase in the healthcare industry.
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.
Have Any Question? Ask Our Industry Experts – https://www.factmr.com/connectus/sample?flag=AE&rep_id=327
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.
11140 Rockville Pike
Suite 400, Rockville, MD 20852
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Orthopedic Braces and Support System Market to Surpass a Notable CAGR At 5.1% through 2026, Finds Fact.MR | Key Players DeRoyal Industries Inc., DJO Global Inc., Otto Bock Healthcare GmbH, etc. here
News-ID: 1824474 • Views: 372
More Releases from Fact.MR
Ready Meal Trays’ Myriad Applications and Recyclability Spearheading the Food …
The ready meal trays market continues to showcase stunning prospects, with overall incremental opportunity of over US$ 1.7 Billion by 2027 from 2019, according to a recent Fact.MR study. Growth in consumption of packaged food products across both developed as well as developing countries is anticipated to increase the demand for ready meal trays during the forecast period. Ready meal trays are increasingly used by food processors and fast service
Automation Making Significant Strides in the Container Handling Equipment Market …
According to a new Fact.MR study, the global market for container handling equipment is expected to increase at a value CAGR of 4.2% over the forecast period, to reach a market size of USD 2,316.6 Mn by 2029 from a calculated USD 1,541.2 Mn in 2019. The report provides potential takeaways that prove to be significantly useful for other market entrants in the container handling equipment market and evaluates trends
The Use of Automotive Actuators in Industrial Control Systems Will Bolster the A …
Fact.MR has recently published a report on the automotive actuators market. According to the report, in terms of revenue, the global automotive actuators market is estimated to expand at a CAGR of ~ 6.2% by value and ~ 5.2% by volume over the forecast period. Since the sales of automotive actuators is related to automotive production and vehicle parc, the increasing automotive production and vehicle parc across the globe is
Rising Inclination for Sustainable Packaging Solutions in F&B Sector Motivating …
Fact.MR has recently published a latest assessment report on Blow Molded Containers Market, which discourses prime facets associated to the global blow molded containers market. At present, the proliferation of sustainable food & beverage packaging applications at the global scale has been conveniently supporting sales of blow molded containers. Furthermore, the report predicts an average annual growth of roughly 5.7% in the global blow molded containers market during the stated
More Releases for Manufacturers
Handheld Gimbal Market by Manufacturers
Handheld Gimbal is a pivoted support that cooperates with the light photographic equipment, such as mainstream sports cameras, mobile phones, micro single which lets the consumer get more stable video material in the movement, and handheld gimbal itself is small, portable, easy operation, etc. Sample Report Request: https://www.reportsandmarkets.com/sample-request/united-states-handheld-gimbal-market-by-to-2022-1622826 Scope of the Report: This report focuses on the Handheld Gimbal in United States market, to split the market based on manufacturers, states, type and
Steam Sterilizer Market by Manufacturers
Browse full table of contents and data tables at : https://www.reportsandmarkets.com/reports/north-america-steam-sterilizer-market-by-to-2022-1476113 This report is about the global steam sterilizer market. Steam sterilizer is a pressure chamber that is used to sterilize equipment and supplies. When placed inside the steam sterilizer, these items are exposed to high temperature steam (usually around 132 degrees Celsius or 270 degrees Fahrenheit) for about twenty minutes. This hot steam will kill germs that simple
Roller Conveyors Manufacturers & Suppliers
Technovision Engineers PVT. LTD. is one of the well-established manufacturer and supplier of Roller Conveyors. Roller conveyors are used to convey products which have defined shape, like, pallets, cartons, boxes, etc. This type of conveyors are used for Light, Medium & Heavy Duty applications. Each Roller is machined from ERW pipe & provided with bearings at both the ends & a stationary shaft. This shaft is bolted onto the frame of the
Mobile Conveyor- Manufacturers & Suppliers
Technovision Engineers Pvt. Ltd. are a leading Manufacturer of Mobile Conveyor from Pune, India. The excellence of our organization lies in offering Portable Mobile Conveyor to our clients.We are one of the most popular type of material handling equipments .There is an excellent range of this conveyor available with us.These are versatile, reliable industrial conveyors light in weight for easy movability.These conveyors are endless belt made of PU, rubber,Plastic,moduller or
FIFO Rack - Manufacturers & Suppliers
Technovision Engineers PVT. LTD. specialization in manufacturing wide range of FIFO Racks in accordance to requirements of our esteemed clients. High quality steel sourced from quality oriented vendors is used to manufacture it. These storage racks and warehouse racks are featured with easy operation, durability, long service life and low maintenance. We provide our clients with heavy duty and light duty FIFO racks. These industrial rack can be customized as per the weight
Truck Loader Conveyor- Manufacturers & Suppliers
Technovision Engineers Pvt. Ltd. Manufacturer & Supplier of a wide range of products which include Truck Loader Conveyor such as Truck Loading Conveyor, Truck Loader Conveyor, Truck Loading Conveyor System and Truck Loading Conveyor Belt. We have leading specialization in manufacturing of Truck Loader-Unloader Mobile Conveyor unit for all application like for boxes, cartons, bags, etc. in warehouse, bottling plants, distilleries etc. and any places where material needs to be