Global Orthopedic Braces Market: Emerging Trends, Major Key Players Breg, Inc, DJO Finance, Bauerfeind, and DeRoyal Industries Inc.

According to the report, The global Orthopedic braces and supports market size is expected to grow from $ Million in 2020 to $ Million by 2028 growing at the CAGR of 7.81% from 2021 to 2028. Orthopedic braces and supports are more widely employed in the treatment of a variety of orthopedic diseases and disorders, including osteoarthritis, rheumatoid arthritis, osteoporotic fractures, and carpal tunnel syndrome. When compared to other therapies such as pain medicines, these items have higher clinical efficacy and faster patient recovery. With the rising prevalence of obesity and accompanying lifestyle problems, the frequency of orthopedic diseases and disorders is predicted to rise even more in the coming years, as obese people are at a higher risk of orthopedic and musculoskeletal injuries, and also diabetes.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global ORTHOPEDIC BRACES industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Orthopedic Braces market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Orthopedic Braces players holding highest market share include Breg, Inc, DJO Finance, Bauerfeind, and DeRoyal Industries Inc.. These players use expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Breg, Inc
• DJO Finance
• Bauerfeind
• DeRoyal Industries Inc
• Össur Hf
• Oppo Medical Inc
• Zimmer Biomet Holdings Inc
• Ottobock Holding GmbH & Co
• Bird & Cronin Inc
• Remington Products Company

Segmental Analysis

Market Segment By Product with focus on market share, consumption trend, and growth rate of ORTHOPEDIC BRACES Market:
o Ankle
o Foot Walkers and Orthoses
o Hip, Back, & Spine
o Knee
o Shoulder
o Elbow
o Hand/Wrist
o Facial

Market Segment By Type with focus on market share, consumption trend, and growth rate of ORTHOPEDIC BRACES Market:
o Soft & Elastic
o Hinged
o Hard

Market Segment By Application with a focus on market share, consumption trend, and growth rate of ORTHOPEDIC BRACES Market:
o Preventive Care
o Ligament Injury
o Post-operative Rehabilitation
o Osteoarthritis
o Compression Therapy
o Other

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Global Orthopedic Braces Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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