|09-25-2017 08:13 PM CET - Health & Medicine||
Global Orthopedic Braces and Supports Market 2017 Global Competitive Analysis and Top Industry Forecasts to 2024
Press release from: Data Bridge Market Research
Global Orthopedic braces and supports market is expected to reach USD 5.91 billion by 2024 from USD 3.62 billion in 2016, at a CAGR of 6.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Aging Factor is the main driver for orthopedic braces and support and its increased awareness of health and fitness. Orthopedic braces and supports are now in boom owing to sports injuries and Arthritis. The aforementioned healthcare ailments are expected to create growth in this market. Osteoarthritis (OA) may affect over 80% of people over the age of 60. More than 250,000 Americans are affected by multiple sclerosis, women are twice as likely to be diagnosed as compared to men.
The global orthopedic braces and supports market is segmented based on product type, end-user, distribution channel and geography.
On the basis of product type, the global orthopedic braces and supports market is segmented into Upper Extremity, Lower Limb Neck and Spine, and Pelvis-Hip-Femur.
Based on end-user the market is segmented into Hospitals, Clinics, Home Healthcare and Others.
On the basis of distribution channel the market is segmented into Orthopedic Clinics, Hospitals, Over the Counter (OTC), E-Commerce, and Prescription.
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Based on geography, the market is segmented into five geographical regions:
• North America
• South America
• Rest of the World
The geographical regions are further segmented into major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
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The Global Orthopedic Braces And Support Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are
• DJO global
• Zimmer Biomet
• Smith and Nephew
• Integra LifeSciences
• Globus Medical
• DePuy Synthes
• AC Mould
• Weber Orthopedic Inc.
• Bledsoe Brace Systems
• FLA Orthopedics
• Bauerfeind USA Inc.
• OPPO Medical Inc.
• Langer Biomechanics
• BSN medical
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