Press release
Spinal Braces Market 2022: Challenges, Drivers, Analysis, Industry Share and Forecast 2027
Global Spinal Braces Market Size, Status, and Forecast for the 2022-2027. In-depth research has been compiled to provide the most up-to-date information on key aspects of the worldwide market. This research report covers major aspects of the Spinal Braces Market, including drivers, restraints, historical and current trends, regulatory scenarios, and technological advancements. The industry's role on the COVID-19 outbreak was comprehensively studied. During a specific period, a full risk evaluation and industry recommendations were made for Spinal Braces. This report compares the pre-COVID-19 and post-COVID-19 marketplaces. The impact of COVID-19 on the regional economy is also taken into account in the research.The analysts forecast the global Spinal Braces market to grow at a CAGR of 5.45 % during the period 2022- 2027.
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The Top Major Prominent Players are: Otto Bock, Ossur, Proteor, Breg,Inc, Hanger Clinic, Blatchford, Trulife, Boston Brace, Ascent Meditech Ltd., Bauerfeind AG, Deroyal Industries, Inc., BSN Medical, DJO Global, FLA Orthopedics, Inc
INDUSTRY NEWS
Össur has acquired 9 companies, including 1 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%).
Dividing the Global Spinal Braces Market by Product Type and Application
This report segments the global Spinal Braces Market on the basis of the following types:
Flexible Type
Rigid Type
On the basis of application, the global market for Spinal Braces is segmented into:
Adult
Children
REGIONAL ANALYSIS
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)
REGIONAL OUTLOOK
North America is Expected to Dominate the Global Market
North America is one of the major contributors in the studied market, owing to the rise in Musculoskeletal Disorders and growing cases of sports-related injuries in the region. Data from the US Department of Health and Human Services, 2018, reported an estimated 8.6 million sports injuries each year in the United States.
Furthermore, the growing geriatric population is another factor attributing to the growth of the Orthopedic Braces and Supports Market. As per the world population aging report, in the United States, the number of people above 65 years of age is projected to reach 84,813 thousand by 2030, from 53,340 thousand in 2019, and the 65-and-older age group’s share in the total population may rise from 16.2% in 2019 to 22.4%, by 2050.
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Strategic points covered in the Spinal Braces market catalogue:
Introduction, market driving force product research goals and research scope Global Spinal Braces market (2022-2027).
Exclusive Summary – Basic information on the global Spinal Braces market.
The changing impact on market dynamics - global party supplies driving factors, trends, challenges and opportunities; post-COVID analysis.
Introduction Global Spinal Braces market factors, after COVID impact analysis, Porter's five force, the supply / value chain, PESTEL analysis, market entropy, patent / trademark analysis.
Show 2016-2022 by type, end user and region/country.
Assess the leading manufacturers of the global Spinal Braces market, including their competitive landscape, peer analysis, BCG matrix and company profile.
Evaluate the market-by-market segments, countries/regions and manufacturers/companies, the revenue share and sales of these companies/companies in these different regions of the main countries/regions (2022-2027).
... To be continued
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Table of Contents Spinal Braces Market
Chapter 1: Spinal Braces Market Overview, Drivers, Restrictions and Opportunities, Segmentation Overview
Chapter 2: Market competition by manufacturers
Chapter 3: Production by regions
Chapter 4: Consumption by Regions
Chapter 5: Production, by types, revenue and market share by types
Chapter 6: Consumption, by applications, market share (%) and growth rate by applications
Chapter 7: Profiling and comprehensive analysis of Producers
Chapter 8: Production Cost Analysis, Raw Material Analysis, Regional Production Expenses.
Chapter 9: Industrial chain, sourcing strategy and downstream buyers
Chapter 10: Marketing strategy analysis, distributors / merchants
Chapter 11: Market Effect Factors Analysis
Chapter 12: Market Forecasts
Chapter 13: Spinal Braces Market Research findings and conclusions, Appendix, methodology and data source.
Keep it going…
Finally, the researchers shed information on Global Spinal Braces ' precise analysis. It also assesses the long-term patterns and platforms that support market expansion. The research report also assesses the level of competitiveness. The market has been thoroughly examined using SWOT analysis and Porter's five scanning. It also aids in the management of company risks and obstacles. It also includes considerable research on sales techniques
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