Press release
Orthopedic Braces and Supports Market to reach USD 5.73 Bn by 2029, emerging at a CAGR of 6 percent and forecast 2023-2029
Orthopedic Braces and Supports Market Report Scope:The Orthopedic Braces and Supports research report presents an extensive analysis of market growth prospects, challenges, and projections. By leveraging Porter's five forces, the report provides insights into forming profitable supplier and customer networks. Market potential is determined through meticulous analysis of size, segmentation, and impact factors, offering investors a comprehensive industry outlook.
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Orthopedic Braces and Supports Market Research Methodology:
The research methodology utilized in this report combines rigorous data collection and analysis, drawing from a range of reputable sources. The research adopts both quantitative and qualitative approaches, ensuring a comprehensive understanding of the Orthopedic Braces and Supports market landscape.
Market Drivers:
Rising incidents of orthopedic conditions and disorders
Growing prevalence of obesity and related lifestyle issues
Increasing demand for orthopedic braces in preventive care and post-operative rehabilitation
Surge in sports-related injuries and athletic activities
Market Restraints:
Qualification limitations for certain patients
Lack of awareness and affordability in emerging markets
Market Opportunities:
Growing sales of off-the-shelf and online orthopedic products
What are Orthopedic Braces and Supports Market Dynamics:
Orthopedic braces and supports play a pivotal role in aligning, stabilizing, and safeguarding different parts of the body during the healing process. These medical devices are integral in post-operative care, osteoarthritis treatment, and injury prevention. The market is fueled by factors such as the rise in osteoarthritis cases, a growing elderly population, surging sports-related injuries, and innovative product launches by key market players.
Orthopedic Braces and Supports Market Regional Insights:
North America leads the market due to a rising prevalence of musculoskeletal diseases, sports injuries, and an aging population. The United States is projected to maintain a significant market share throughout the forecast period, driven by a robust healthcare system and technological innovation.
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What is Orthopedic Braces and Supports Market Segmentation:
by Product
1. Knee Braces and Supports
2. Ankle Braces and Supports
3. Foot Walkers and Orthoses
4. Shoulder Braces and Supports
5. Elbow Braces and Supports
6. Hand & Wrist Braces and Supports
7. Facial Braces and Supports
8. Hip, Back, And Spine Braces and Supports
1.2 Neck & Cervical Spine Braces and Supports
1.2 Lower Spine Braces and Supports
by Type
1. Soft & Elastic Braces and Supports
2. Hard Braces and Supports
3. Hinged Braces and Supports
by Application
1.Ligament Injury
1.1 Anterior Cruciate
1.2 Lateral Collateral
1.3 Other
2.Preventive Care
3. Post-operative Rehabilitation
4.Osteoarthritis
5.Compression Therapy
6. Other
by End-User
1. Orthopedic Clinics
2.Over the Counter (OTC)
3. Hospitals
4. DME Dealers
5.Others
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Who are Orthopedic Braces and Supports Market Key Players:
DJO Global, Inc. (US)
1. Zimmer Biomet (US)
2. Medtronic (US)
3. Stryker Corporation (US)
4. Becker Orthopedic (US)
5. OPPO MEDICAL INC (US)
6. Langer Biomechanics (US)
7. Integra LifeSciences Corporation (US)
8. Globus Medical (US)
9. Frank Stubbs Company (US)
10.DeRoyal Industries (US)
11.NuVasive, Inc (US)
12.Weber Orthopedic LP. DBA Hely & Webe (US)
13.Active Ankle Systems, Inc (US)
14.3M Company (US)
15.Ottobock SE & Co. KGaA (Germany)
16.Artsanity S.R.L. (Italy)
17.Össur hf. (Iceland)
18.Allard International (Sweden)
19.Ascent Meditech Limited (India)
20.Alcare Co., Ltd (Japan)
21.Arshine Lifescience Co., Ltd. (China)
Table of content for the Orthopedic Braces and Supports Market includes:
1. Orthopedic Braces and Supports Market : Research Methodology
2. Orthopedic Braces and Supports Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Orthopedic Braces and Supports Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4. Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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