Press release
Orthopedic Supplies Market Opportunities, Market-specific challenges and Demand Forecast to 2027
The Global Orthopedic Supplies Market covers latest information regarding the development rate, market estimates, drivers, limitations, future based demand, and revenue during the forecast period. The Orthopedic Supplies Market involves of data accumulated from frequent primary and secondary sources. This information has been verified and authorized by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals. This document further helps in thoughtful market trends, applications, specifications, and market challenges.The global Orthopedic Supplies market is projected to grow from USD 133.5 billion by 2027 from USD 132.6 billion in 2022, at a CAGR of 4.6%.
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The Top Leading Players in the market include:
Spenco, Medline, Air Cast, Scott Specialties, Silipos, Grafco, Cho-Pat, Futuro, HoMedics, Alex Orthopedic, Bell-Horn, Pedifix,Boston Scientific Corporation
Recent Developments
In 2019, Boston Scientific Corporation acquired BTG plc with a focus on offering best-in-class technologies, unparalleled clinical evidence, and strengthened commercial infrastructure.
Orthopedic Supplies Market segmentation:
Market segment by Type:
Abdominal Binders
Ankle & Foot Braces
Back & Shoulder Braces
Elbow & Forearm Support
Hand & Wrist Support
Neck Braces & Pillows
Hot Cold Therapy
Knee & Thigh Braces
Chair & Seat Cushions
Market segment by Application:
Public Hospital
Private Clinic
Nursing Home
Personal Care
Others
Market Overview:
The global Orthopedic Supplies market is projected to grow from USD 133.5 billion by 2027 from USD 132.6 billion in 2022, at a CAGR of 4.6%. The growth of this market is majorly driven by the increasing prevalence of chronic diseases across the globe, increasing government and corporate investments in healthcare projects and infrastructure development, rising demand for infection control measures to curb the occurrence of HAIs, and the rising demand for medical devices.
North America was the largest regional market for Orthopedic Supplies in 2022
The Orthopedic Supplies market in North America, Europe, the Asia Pacific, and the Rest of the World has been covered in this report. In 2022, North America held the largest share of the market, followed by Europe. The rising incidence of chronic diseases, increasing geriatric population, and the increasing prevalence of COVID-19 are the major factors driving the growth of the Orthopedic Supplies market in North America.
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Global Orthopedic Supplies Market: Regional Segmentation
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
Research Methodology of Orthopedic Supplies Market:
The report has been merged using three research methodologies. The first step centres around comprehensive primary and secondary researches, which includes an extensive collection of information on the Global Orthopedic Supplies Market and the parent and peer market. The next step involves validating the market size, estimations, findings, and expectations with further accurate information from industry experts. The report obtains a complete estimation of the market size with the help of bottom-up and top-down methods. Finally, the report obtains the market estimation of all the segments and sub-segments using data triangulation and market breakup procedures.
Influence of the Orthopedic Supplies market report:
– Comprehensive valuation of all opportunities and risk in the market.
– Orthopedic Supplies market recent inventions and major events.
– Detailed study of business strategies for growth of the market-leading players.
– Conclusive study about the growth plot of Infrared Imaging global Orthopedic Supplies market for forthcoming years.
– In-depth understanding of market-particular drivers, constraints and major micro markets.
– Favourable imprint inside vital technological and market latest trends striking the global market.
Key questions answered in the report:
How will the Orthopedic Supplies market change in the next five years?
Which are the five top players of the market?
What are the drivers and restraints of the market?
Which product and application will take a lion’s share of the global market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Orthopedic Supplies market throughout the forecast period?
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Following are major TOC of Orthopedic Supplies Market:
Chapter 1: Orthopedic Supplies Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Orthopedic Supplies Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Export, Import, Consumption, by Regions
Chapter 6: Global Production, Price Trend by Type, Revenue (Value)
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Sourcing Strategy, Industrial Chain and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Orthopedic Supplies Market Forecast
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