Press release
GCC Orthopedic Braces and Supports Market Expected to Rise at a CAGR of 5.4% during 2022-2027
According to IMARC Group latest report titled "GCC Orthopedic Braces and Supports Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on GCC Orthopedic Braces and Supports market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The GCC orthopedic braces and supports market size reached US$ 37.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 51 Million by 2027, exhibiting a growth rate (CAGR) of 5.4% during 2022-2027.Braces and supports are orthopedic equipment extensively utilized for aligning, supporting, holding, and correcting certain body parts. This orthopedic equipment is manufactured using specialized materials with intelligent designs. It is known to provide intense targeted support to the spine, ankle, shoulder, knee, spine, ankle, and upper elbow, among other body parts. This equipment is mainly advised by orthopedics to patients who have encountered significant injuries.
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Market Trends:
The market in GCC is primarily driven by the increasing incidences of road accidents, workplace injuries, sports injuries, and musculoskeletal disorders. In line with this, the rising prevalence of arthritis and osteoporosis is positively influencing the demand for orthopedic braces and supports. Furthermore, the growing cases of spinal deformities, sciatic nerve, impaired muscle, paralysis, fractures, and strokes are catalyzing the product demand. Apart from this, escalating need for upper extremity braces and supports and post-operational knee braces are propelling the market. Moreover, multiple manufacturers of orthopedic braces and supports are strongly focusing on designing braces in orthopedics in line with smart technology. As this equipment is lightweight and water resistant, the demand for hip, back, and spine braces and supports, lower spine braces and supports, and shoulder braces and supports are likely to augment in the healthcare industry. Additionally, heavy investments by the governments of GCC countries to enhance the existing healthcare infrastructure are providing a boost to the market.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/gcc-orthopedic-braces-supports-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
GCC Orthopedic Braces and Supports Market Segmentation:
Our report has categorized the market based on country, product, type, application and end use industry.
Breakup by Product:
• Lower Extremity Braces and Supports
• Spinal Braces and Supports
• Upper Extremity Braces and Supports
Breakup by Type:
• Soft and Elastic Braces and Supports
• Hinged Braces and Supports
• Hard and Rigid Braces and Supports
Breakup by Application:
• Ligament Injury
• Preventive Care
• Post-Operative Rehabilitation
• Osteoarthritis
• Others
Breakup by End User:
• Orthopedic Clinics
• Hospitals and Surgical Centers
• Over-the-Counter (OTC) Platforms
• Others
Breakup by Country:
• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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