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Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices Market SizeAccording to new survey, global Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices market is projected to reach US$ 394.2 million in 2029, increasing from US$ 295 million in 2022, with the CAGR of 4.2% during the period of 2023 to 2029.
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Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices Market
Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices supports and corrects shoulder, elbow, wrist and hand positioning. The device easily attaches to any wheel chair arm rest. It positions/maintains functional upper extremity alignment. New fabric reduces shear/friction.
Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices market research.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Shoulder Elbow Wrist Hand Orthosis (SEWHO) Devices market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
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Segment by Type
• Dynamic Orthotics
• Static Orthotics
Segment by Application
• Clinics
• Hospital
• Others
By Company
Hanger Clinic, Comprehensive Prosthetics and Orthotics, DJO Global, DeRoyal Industries, Medi, Thuasne, Scheck & Siress, AbleData, Maramed Orthopedic Systems, Prosthetic & Orthotic Care, Myomo
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