Press release
Global Orthopedic Braces & Supports, Casting, & Splints Market: Segmental Highlights and Table of Content (2016-2024)
The global orthopedic braces and support, casting, and splints market was valued at US$4.6 bn in 2015 and is projected to expand at a CAGR of 6.4% from 2016 to 2024 to reach US$7.9 bn by 2024.
The Global Orthopedic Braces & Supports, Casting, & Splints Market is segmented on the basis of Product, Distribution Channel and Geography.
In terms of product, the orthopedic braces and support, casting, and splints market is led by the orthopedic braces and support segment, accounting for a 58.4% share by 2024. Companies are consistently working on new materials and technologies in order to develop braces that are as per the requirements of the patient. This is expected to enable the orthopedic braces and support segment to register the highest year-on-year growth over the course of the forecast period.
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By distribution channel, the orthopedic clinics segment accounted for the major share in the global orthopedic braces and support, casting, and splints market. Accounting for an estimated 37.4% share in 2016, North America dominates the global orthopedic braces and support, casting, and splints market on the basis of geography and is likely to retain its lead throughout the forecast period. The market in Asia Pacific is projected to reflect a CAGR of 7.3% from 2016 to 2024, emerging as one of the most attractive regional segments.
North America leads the global orthopedic braces and support, casting, and splints market with maximum share. In the near future too, it is slated to retain its leading position on the back of a sizeable proportion of the population suffering from bone disorders such as osteoporosis and osteopenia. Other factors propelling the market in the region are a robust network of clinics and hospitals in the U.S. and continued technological progress in the healthcare industry.
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Summary of Table of Content
1. Preface
2. Assumptions & Acronyms Used
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Market Analysis
7. Global Orthopedic Braces & Support, Casting & Splints Market Analysis, by Product
8. Global Orthopedic Braces & Support, Casting & Splints Market Analysis, by End-user
9. Global Orthopedic Braces & Support, Casting & Splints Market Analysis, by Region
10. North America Orthopedic Braces & Support, Casting & Splints Market Analysis
11. Europe Orthopedic Braces & Support, Casting & Splints Market Analysis
12. APAC Orthopedic Braces & Support, Casting & Splints Market Analysis
13. Latin America Orthopedic Braces & Support, Casting & Splints Market Analysis
14. MEA Orthopedic Braces & Support, Casting & Splints Market Analysis
15. Company Profiles
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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