Press release
Orthopedic Braces & Support Casting & Splints Market Status and Business Outlook 2022 to 2027 |DJO Global, Ottobock, Ossur
Global Orthopedic Braces & Support Casting & Splints Market Insights and Forecast to 2027The Orthopedic Braces & Support Casting & Splints Market Report 2022-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.
Orthopedic Braces & Support Casting & Splints Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.
In accordance with the Orthopedic Braces & Support Casting & Splints Market is set to grow at a CAGR of 6.9 % over the forecast period (2022-2027).
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MARKET OVERVIEW
This segment currently accounts for a 24.9% share of the global Orthopedic Braces & Support, Casting and Splints market. Growth of the casting and splinting market would be driven by increasing availability and adoption of advanced casting and splinting products. These products are available in various shapes and sizes that contribute to improving patients` comfort. In addition, casting and splinting products made of different materials, such as fiberglass, polyester, and polyethylene, introduced by major industry players is expected to drive market growth.
Leading companies in the global Orthopedic Braces & Support Casting & Splints market.
DJO Global, Ottobock, Ossur, 3M Company, Bauerfeind, DeRoyal, Medi GmbH & Co., Zimmer, Lohmann & Rauscher, Breg, THUASNE, ORTEC, BSN Medical, Tynor Orthotics, DUK-IN, Prime Medical, Adhenor, Aspen, Rcai, Truelife, Huici Medical, Dynamic Techno Medicals
INDUSTRY NEWS
Össur has acquired 9 companies, including 2 in the last 5 years. A total of 3 acquisitions came from private equity firms.
Össur’s largest acquisition to date was in 2005, when it acquired Royce Medical for $216M. Össur has acquired in 2 different US states, and 5 countries. The Company’s most targeted sectors include medical products (88%) and consumer products (13%).
The report based on the type of Orthopedic Braces & Support Casting & Splints market is broken down:
Braces & Support
Casting Supplies
Splinting Supplies
On the basis of segmentation by application, the key Orthopedic Braces & Support Casting & Splints market can be subdivided into:
Hospital
Retail Pharmacies
Online Sales
Global Orthopedic Braces & Support Casting & Splints Market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
REGIONAL ANALYSIS
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$142.7 Million by the year 2026, while Latin America will expand at a 6% CAGR through the analysis period.
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Highlights of the Orthopedic Braces & Support Casting & Splints Market
Quantitative market information and forecasts of the global Orthopedic Braces & Support Casting & Splints Market industry by type, end use, and geographic region.
Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Orthopedic Braces & Support Casting & Splints Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.
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The report provides a summary of the important functions and key Orthopedic Braces & Support Casting & Splints market:
Detailed Orthopedic Braces & Support Casting & Splints market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Orthopedic Braces & Support Casting & Splints .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.
Finally, the key Orthopedic Braces & Support Casting & Splints market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.
We also provide customized reports based on specific customer requirements:
1- Country/region analysis of any 5 countries/regions you choose.
2- Competitive analysis of any 5 major market participants.
3 to 40 analyst hours, covering all other data points
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