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Key Trend Reshaping the Orthopedic Accessories Market in 2025: 3D Printing Technology Revolutionizes Customization And Efficiency In The Orthopedic Accessories Market
What Are the Projections for the Size and Growth Rate of the Orthopedic Accessories Market?In recent years, the orthopedic accessories market has seen consistent growth. The market size is projected to increase from $3.22 billion in 2024 to $3.31 billion in 2025, with a compound annual growth rate (CAGR) of 2.7%. Factors contributing to the growth during the historical period include the aging population, orthopedic injuries, demand for rehabilitation and physical therapy, and evolving lifestyle and fitness trends.
It is anticipated that the orthopedic accessories market will experience consistent expansion in the upcoming years. The market is projected to increase to $3.78 billion by 2029, with a compound annual growth rate (CAGR) of 3.4%. The predicted growth for the forecast period is due to factors such as the development of emerging markets, regulatory backing and reimbursement, technological advancements, and value-driven healthcare. The emerging trends expected during the forecast period include the adoption of smart orthopedic accessories, usage of eco-friendly materials, increased patient participation, and the introduction of tele-rehabilitation and remote monitoring.
What Are the Main Catalysts for Growth in the Orthopedic Accessories Market?
The rising counts of medical instances owing to mishaps on the roadway and during sporting events are propelling the Orthopaedic Accessories market. In these incidents, bones and other muscular fabrics are at high chances of tearing, necessitating orthopaedic aids like arm support, knee braces, and hip support for offering firm comfort to the torn tissue and fragmented joints/bones during the therapy. Orthopaedic accessories help to constrain the bones, allowing them the necessary time for recuperation. Additionally, orthopaedic accessories like bone cement and casting are crucial for connecting fragmented bones and filling the gaps within or amongst the bones. A study by WHO discloses that nearly 20-50 million people worldwide sustain non-lethal injuries every year as a result of motor accidents. Similarly, a Stanford Children's Health survey shows that over 3.5 million children aged 14 or younger are injured annually while engaging in sports or other leisure activities. As there is an incline in the frequency of road and sports accidents, the number of medical cases requiring orthopaedic accessories for effective treatment will escalate, hence boosting the orthopaedic accessories market.
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Which Businesses Are at the Forefront of Orthopedic Accessories Market Development?
Major companies operating in the orthopedic accessories market include Stryker Corporation, Zimmer Biomet Holdings Inc., DePuy Synthes Companies, Smith and Nephew PLC, McDavid, Aesculap Implant System, Conmed Corporation, Donjoy, NuVasive, Medtronic plc, Schock Doctor, Rehband, Nordic Lifting, BioSkin, Bauerfeind AG, Futuro, Ultra Flex Athletics, EVS Sports, Neo G, NatraCure, United Ortho, Corflex Cryo, DJO Global, Arthrex, Tecres SpA, Heraeus Holding and Teknimed, OsteoRemedies, Enovis, Globus Medical, Orthofix Medical (Orthofix-SeaSpine), 4Web Medical, OrthoPediatrics, SeaSpine Orthopedics, Acumed LLC, Bioventus Surgical, Integra LifeSciences, Medline Industries Inc., MicroPort Orthopedics Inc.
What Are the Latest Innovations in the Orthopedic Accessories Market?
Orthopedic accessory market entities are increasingly incorporating 3D printing technology to enhance production effectiveness and to create tailor-made accessories based on patient's needs. The methodology of 3D printing involves the construction of intricate structures by the layering of thin material slices and removing unnecessary parts. Given the diversity of body shapes and sizes, 3D printing is a vital asset to these companies as it allows them to produce accessories that fit the specific needs of each patient. For instance, ZSFab Company has employed 3D printing technology to produce orthopedic accessories such as neck braces and wrist casts. In addition, companies such as Stryker, Medtronic, and Smith & Nephew, are also experimenting with 3D printing as a means to augment their manufacturing processes and enhance product quality.
How Is the Orthopedic Accessories Market Segmented?
The orthopedic accessories market covered in this report is segmented -
1) By Type: Bone Cement, Casting System, Removal System
2) By Application: Hip, Knee, Spine
3) By End User: Hospital, Orthopedic Clinic, Trauma Fixation Center
Subsegments:
1) By Bone Cement: Polymethyl Methacrylate (PMMA) Bone Cement, Calcium Phosphate Bone Cement, Antibiotic-Loaded Bone Cement
2) By Casting System: Plaster Casting System, Fiberglass Casting System
3) By Removal System: Bone Cement Removal System, Cast Removal System
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Where Is the Orthopedic Accessories Market Growth Most Prominent?
North America was the largest region in the global orthopedic accessories devices equipment market in 2023. Western Europe was the second-largest region in the orthopedic accessories devices equipment market. The regions covered in the orthopedic accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The Orthopedic Accessories Global Market Report?
- Market Size Analysis: Analyze the Orthopedic Accessories Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Orthopedic Accessories Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Orthopedic Accessories Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Orthopedic Accessories Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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