Press release
Demand For Knee Braces And Supports Is Set To Increase At A CAGR Of 5% Across The By 2031| Fact.MR study
thopedic Braces and Support System Market Report By Product (For Knee, Ankle, Foot Walkers, Hip, Back, & Spine), By Type (Soft & Elastic, Hinged, Hard Braces), By Application (Ligament Injury, Osteoarthritis, Compression Therapy), By End User - Regional Forecast 2021-2031The global orthopedic braces and support system market was valued at around US$ 3 Bn in 2020, which amounts to around 11% share of the overall orthopedic devices market. Sales of orthopedic braces and support systems are slated to accelerate at a CAGR of 6% to top US$ 5.5 Bn by 2031. Demand for knee braces and supports is set to increase at a CAGR of 5% across the assessment period of 2021 to 2031.
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Prominent Key players of the Orthopedic Braces and Support System market survey report:
BSN medical Inc.
3M Healthcare
DJO Global Inc.
Breg Inc.
OSSUR
Otto Bock Healthcare
Zimmer Biomet Holdings, Inc.
Bauerfeind AG
Alcare Company Ltd
Becker Orthopedic
Frank Stubbs Company Inc.
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Key Segments in Orthopedic Braces and Support System Industry Research
Product
Knee Braces and Supports
Ankle Braces and Supports
Foot Walkers and Orthoses
Hip, Back, & Spine Braces and Supports
Shoulder Braces and Supports
Neck & Cervical Spine Braces and Supports
Hand & Wrist Braces and Supports
Others
Upper Extremity Braces and Supports
Lower Spine Braces and Supports
Upper Spine Orthoses
Elbow Braces and Supports
Facial Braces and Supports
Post-Operational Knee Braces
TLSOs
LSOs
Walker Boots
Pneumatic Walker Boots
Non-pneumatic Walker Boots
Type
Soft & Elastic Braces and Supports
Hinged Braces and Supports
Hard Braces and Supports
Application
Application of Orthopedic Braces and Support Systems in Preventive Care
Application of Orthopedic Braces and Support Systems in Ligament Injury
Application of Orthopedic Braces and Support Systems in Anterior Cruciate Ligament Injury
Application of Orthopedic Braces and Support Systems in Lateral Collateral Ligament Injury
Application of Orthopedic Braces and Support Systems in Post-operative Rehabilitation
Application of Orthopedic Braces and Support Systems in Osteoarthritis
Application of Orthopedic Braces and Support Systems in Compression Therapy
End User
Use of Orthopedic Braces and Supports in Orthopedic Clinics
Use of Orthopedic Braces and Supports in Hospitals
Use of Orthopedic Braces and Systems at ASCs
Use of Orthopedic Braces and Systems in Home Care Settings
Over the Counter (OTC) Orthopedic Braces and Supports
The insights for each vendor consists of:
Company profile
SWOT analysis
Main market information
Market share
Revenue, pricing and gross margin
What insights does the Orthopedic Braces and Support System Market report provide to the readers?
Orthopedic Braces and Support System fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each Orthopedic Braces and Support System player.
Various regulations imposed by the governments on the consumption of Orthopedic Braces and Support System in detail.
Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Orthopedic Braces and Support System.
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The report covers following Orthopedic Braces and Support System Market insights and assessment that are helpful for all participants involved in the Orthopedic Braces and Support System market:
Data on recently introduced regulations and their impact on key industries and on demand in Orthopedic Braces and Support System
Latest industry Analysis on Orthopedic Braces and Support System Market, with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Orthopedic Braces and Support System Market and changing consumer preferences in major industries.
Changing Orthopedic Braces and Support System demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Orthopedic Braces and Support System major players
Orthopedic Braces and Support System Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
Orthopedic Braces and Support System demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
Questionnaire answered in the Orthopedic Braces and Support System Market report include:
How the market for Orthopedic Braces and Support System has grown?
What is the present and future outlook of the global Orthopedic Braces and Support System on the basis of region?
What are the challenges and opportunities for the Orthopedic Braces and Support System?
Why the consumption of Orthopedic Braces and Support System highest in region?
In which year segment is expected to overtake segment?
Read Our Latest Article on Healthcare Domain
https://www.factmr.com/article/124/latest-trends-in-the-healthcare-industry-how-has-it-transformed-businesses
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Market Overview
The Orthopedic Braces Market Size reached USD 4.3 billion in 2022 and is projected to grow from USD 4.5 billion in 2023 to USD 7.3 billion by 2032, with a compound annual growth rate (CAGR) of 6.20% during the forecast period (2023 - 2032).
Key drivers fueling market growth include a growing geriatric population and an increase in the number of sports-related injuries among athletes.
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