Press release
Orthopedic Support Systems Market Projections 2027 By Top Players Breg, Inc, DeRoyal Industries, Inc., DJO Global, Inc., Bauerfeind AG, Alcare Company Ltd.
Growing awareness about preventive care is expected to stimulate the orthopedic support systems growth. Number of orthopedic diseases and disorders is rising significantly across the globe. Rising in disease case count has encouraged innovations in healthcare technology, backing the development of advanced orthopedic support systems.
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Owing to the prevalence of chronic disorders, many hospitals and medical institutions are engaging themselves in organizing preventive care awareness programs. For instance, the Bone and Joint National Action Week emphasizes on events and projects globally that raise awareness about disease prevention, management, and treatments.
The Bone and Joint National Action Week also focuses on disorders such as back pain, osteoporosis, arthritis, and the effects of childhood obesity on the musculoskeletal system. These initiatives for spreading awareness are augmenting the utilization of orthopedic support systems, thus contributing to its budding demand. The above mention factors are expected to boost the orthopedic support systems growth in the coming years.
As per a report published by Global Market Insights, the orthopedic support systems market share is expected to exceed USD 5.1 billion by 2027.
According to a regional standpoint, the Latin America orthopedic support systems market was dominated by Brazil, valuing at more than USD 44 million in 2020. Due to developing healthcare infrastructure and the availability of numbers of skilled healthcare professionals, Brazil holds for a major market share. Rising number of disorders and other issues related to orthopedic injuries in the country is a major factor augmenting the demand for orthopedic support systems. Spreading awareness among regional population also positively impacting the orthopedic support systems market growth in Brazil.
In accordance to patient type, the orthopedic support systems market is segmented into adults and pediatric patients. The pediatric segment accounted for major market share in the year 2020 and was valued at more than USD 336 million. Growing number of injuries reported among children have raised concern lately. According to reports, 90% of injuries among children are unintentional. Surge in such cases to accelerate the demand for orthopedic support systems.
Major industry players working in the orthopedic support systems market include Otto Bock Healthcare GmbH, DeRoyal Industries, Inc., Breg, Inc, DJO Global, Inc., Medi GmbH & Co. KG, Alcare Company Ltd., Ossur Corporate, FLA Orthopedics, Inc., and Bauerfeind AG among others.
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Key players are focusing on geographical expansion and launching new innovative orthopedic support systems for maintaining stability in the market. For instance, in 2018, Breg launched a new ankle brace, Ultra Aurora, a combination of Ultra High-5 and Ultra Zoom. The strategic move aided the company in expanding its customer base and enhancing its product portfolio.
Partial Chapter of the Table of Content
Chapter 4 Orthopedic Support Systems Market, By Product
4.1 Key segment trends
4.2 Braces
4.2.1 Market size, by region, 2016–2027 (USD Million)
4.3 Splint
4.3.1 Market size, by region, 2016– 2027 (USD Million)
4.4 Bandage & Sleeves
4.4.1 Market size, by region, 2016– 2027 (USD Million)
4.5 Strap
4.5.1 Market size, by region, 2016– 2027 (USD Million)
Chapter 5 Orthopedic Support Systems Market, By Application
5.1 Key segment trends
5.2 Upper Body Extremities
5.2.1 Market size, by region, 2016– 2027(USD Million)
5.2.2 Shoulder
5.2.2.1 Market size, by region, 2016– 2027(USD Million)
5.2.3 Elbow
5.2.3.1 Market size, by region, 2016– 2027(USD Million)
5.2.4 Hand and Wrist
5.2.4.1 Market size, by region, 2016– 2027(USD Million)
5.3 Lower Body Extremities
5.3.1 Market size, by region, 2016– 2027(USD Million)
5.3.2 Ankle
5.3.2.1 Market size, by region, 2016– 2027(USD Million)
5.3.3 Knee
5.3.3.1 Market size, by region, 2016– 2027(USD Million)
5.3.4 Foot
5.3.4.1 Market size, by region, 2016– 2027(USD Million)
5.3.5 Hip and Back
5.3.5.1 Market size, by region, 2016– 2027(USD Million)
5.3.6 Others
5.3.6.1 Market size, by region, 2016– 2027(USD Million)
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/orthopedic-support-systems-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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