Orthopedic Braces and Supports Market By Usage Area (Hospitals, Specialty Clinics, Home Care, Others), By Product (Knee, Foot and Ankle, Upper Extremity, Neck and Spine Braces and Supports, Exoskeletons) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Orthopedic braces and supports are the products used to change or alter the functioning of musculoskeletal system. These devices are mainly used for rehabilitation from illness, trauma, and even congenital conditions. At present, the global orthopedic braces and supports market is driven by baby boomer population, high focus on improving quality of life, innovation in nature of braces and supports, rising incidence of sports injuries and others. Conversely, restricted reimbursement and payment models, and healthcare budgets put constraints to the growth of this market.

The purpose of this research study titled ‘orthopedic Braces and Supports Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global orthopedic braces and supports market. This report presents and analyzes the major trends prevalent in the global orthopedic braces and supports market and the market size and forecast.

This report categorizes the global orthopedic braces and supports market in terms of product type, usage areas and geographical distribution. Based on product type, the global orthopedic braces and supports market is categorized into knee braces and supports (knee support braces, knee braces for osteoarthritis and ligament injuries and post-surgery knee braces), foot and ankle braces and supports (soft braces and hinged braces), upper extremity braces and supports (wrist and hand supports, shoulder supports and elbow supports), neck and spine braces and supports and exoskeletons. On the basis of usage area, the global orthopedic braces and supports market is categorized into hospitals, specialty clinics, home care and others. Market size and forecast for each mentioned segment for the period 2015-2025 is presented in the report along with respective CAGRs for the forecast duration 2017-2025.

Geographically, the global orthopedic braces and supports market is best understood by segmenting the market into five major regions and chief region level markets as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional presented in terms of product type, usage areas and constituent region/country level markets. 

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global orthopedic braces and supports market. Competition assessment tools such as, major agreements, partnerships and collaborations, market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the orthopedic braces and supports market. The key players profiled in this report are Alcare Co., Ltd., Ascent Meditech Ltd., Bauerfeind AG, Breg, Inc., BSN Medical, DeRoyal Industries, Inc., DJO Global, FLA Orthopedics, Inc., Frank Stubbs Co., Inc., McDavid, Inc., Össur Corporate, Otto Bock Healthcare GmbH, OPPO Medical, Inc., ReWalk Robotics and Trulife.

Geographically, the global orthopedic braces and supports market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Orthopedic Braces And Supports Market

North America and Western Europe capture over 55% of the global orthopedic braces and supports market. High prevalence of obese and arthritic patients, growing geriatric population and evolved reimbursement policies and healthcare infrastructure mainly contribute to the dominance of the mentioned regional markets. Furthermore, entry of several players in the emerging economies of Asia Pacific and increasing awareness and disposable incomes of the domestic population, along with revival of healthcare infrastructure makes Asia Pacific the fastest growing regional market for orthopedic braces and supports.

The detailed regional classification of the global orthopedic braces and supports market is as follows:

  • North America (U.S. & Canada)
  • Europe (Germany, U.K., and Rest of Europe)
  • Asia Pacific (China, Japan and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC and Rest of Middle East and Africa)
Choose License Type
Published Date:  Aug 2017
Category:  Medical Devices
Report ID:   58639
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Connect With Us
+1-408-641-3282
24/7 Research Support