Press release
Braces and Support Market: Empowering Movement and Recovery - Redefining Orthopedic Support with Cutting-Edge Designs and Unmatched Comfort
Braces and Support Market
The market for braces and supports is expanding due to an increase in musculoskeletal disorders among the population. The growing geriatric population, rising hospitalizations, and increasing sports-related injuries and accidents are the main factors driving market growth. This has also had a positive impact on the market and created a need for technological advancements in braces and support systems to meet the growing population's demands and needs. Increased investments in research and development and technological advancements in braces and supports will give the market a boost over the coming years.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/33345
Leading manufacturers of braces and supports are focusing on developing products that are in line with smart technologies. Some recently launched smart technology-based braces and supports include AFO smart braces, step smart braces, smart spinal braces, and many more. Companies are focusing more on product development to gain a competitive advantage over others in the market.
For instance:
Rebound Post-Op Elbow Brace, a non-invasive, lightweight, adjustable brace with user-friendly design characteristics, was introduced by Ossur in July 2021. It was intended to make it simpler for patients to use while recovering from serious elbow injuries or surgical operations.
Key Takeaways from Market Study
The knee braces and supports segment dominated the market with 28.7% market share in 2021.
In 2021, soft & elastic braces and supports accounted for 38% of the market share owing to increasing demand for braces for preventive care and also for post-operative care.
By application, braces and support systems are increasingly being used in preventive care and are expected to exhibit a CAGR of 6.8% during the forecasted years.
Hospitals dominated the end user category with a market share of 30% in 2021.
North America led with a market share of 32.4% in 2021.
"Rising technological developments in manufacturing advanced braces and support systems, high prevalence of musculoskeletal disorders, and increasing geriatric population are key market growth drivers," according to a researcher of Persistence Market Research.
Get Full Access of this Report@ https://www.persistencemarketresearch.com/checkout/33345
Market Competition
DJO Global Inc.
3M Healthcare
Breg Inc.
OSSUR, Otto Bock Healthcare
Zimmer Biomet Holdings, Inc.,
Bauerfeind AG
Alcare Company Ltd
Becker Orthopedic
Frank Stubbs Company Inc.
Bird and Cronin Inc.
DeRoyal Industries Inc.
Medi GmbH & Co. KG
Trulife Inc.
As a result of an aging population and a rise in musculoskeletal problems, brace and support manufacturers are currently at maximum capacity. There are numerous regional, up-and-coming, and established businesses in the market for braces and supports, which is fragmented. To introduce revolutionary braces with increased efficacy, key market players have started promotional operations.
In November 2021, Breg, Inc. signed an agreement with Aspen Medical Products, a leading company dealing with the designing, development, and marketing of upper and lower spinal orthotics. This was a five-year supplier agreement for increasing its efficiency to sell its innovative spinal portfolio products.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights on the braces and support market in its latest study, presenting a historical demand assessment of 2017 to 2021 and projections for 2023 to 2032.
You Can Customize this Report As per Your Requirement Click Here@ https://www.persistencemarketresearch.com/request-customization/33345
The research study is based on the
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),
type (soft & elastic braces and supports, hinged braces and supports, hard braces and supports),
application (preventive care, ligament injury, anterior cruciate ligament injury, lateral collateral ligament injury, post-operative rehabilitation, osteoarthritis, compression therapy),
end user (orthopedic clinics, hospitals, ambulatory surgical centers, home care settings, over-the-counter products),
across seven key regions of the world.
For additional insights on how the growth of the braces and support market will unfold over the decade, write to the analyst at media@persistencemarketresearch.com
Persistence market research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Braces and Support Market: Empowering Movement and Recovery - Redefining Orthopedic Support with Cutting-Edge Designs and Unmatched Comfort here
News-ID: 3074107 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Brace
North Wales: Health Chiefs Brace for Surge in Covid Compensation Claims
The punitive costs of medical compensation claims in North Wales have been highlighted as health chiefs brace for a surge in Covid compensation claims. This comes after it emerged that a woman was given contraceptive advice despite being left infertile by a surgical 'Never Event' as a reproductive organ was mistakenly removed.
Between December and January, the Betsi Cadwaladr University Health Board has processed 24 claims for clinical negligence and…
Back Brace Market Size, Share, Development by 2025
Market Research Report Store offers a latest published report on Back Brace Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This report focuses on the key global Back Brace players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Back Brace with respect to individual growth…
USA firms brace for major hit by retaliation tariffs
By Bouchard Fintech
The likelihood that that USA would be imposing tariffs on China was clear for all to see. After all, China has a massive trade imbalance with the USA and exports far more products and goods to the USA than it imports.
It was, however, something of huge surprise that the USA started to impose tariffs on imports from its closest allies and most trusted trading partners. The tariffs…
Managed Network Services Market Brace over 2025
Global Managed Network Services Market: Snapshot
Information technology or IT as it is very popularly known as these days have become a part and parcel of our lives. In our day to day activities even in daily household chores IT play a very crucial role. IT infrastructure is, as such, very significant in each and every department of every company these days. With majority of workforce making use of multiple gadgets…
XT Brace is Now Available at Rogue Fitness and Bodybuilding.com
Braces For The Active Lifestyle Created By U.S. Intelligence Officers And Mastered For The Athlete
XT BRACE is now available at Rogue Fitness and Bodybuilding.com. Rogue is a leader in American Made Strength and Conditioning equipment. Rogue is the Official Equipment Supplier of the CrossFit Games. Bodybuilding.com is an industry leader in their sector. XT BRACE was born out of necessity when created by U.S. Intelligence Officers while in a remote…
Industrial Shelf Supports from Federal Brace
December 6, 2016 - Charlotte, NC - Federal Brace is adding a shelf bracket to their Industrial and Commercial Supports Line. This line of gusseted and cantilevered supports is made of either 11 gauge or ¼” material thickness, and is made for projects in which many brackets are needed. The Industrial Shelf Bracket, in particular, is perfect for commercial and industrial locations in which a long shelf needs light to…
