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Orthopedic Orthotic Devices Market By Product (Upper Extremity Braces and Support, Lower Extremity Braces and Support and Orthotic Splints) – Growth, Future Prospects & Competitive Analysis, 2017 – 2025

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Overview

Rising prevalence of chronic diseases such as osteoarthritis, spondylitis, osteoporosis, etc., requiring effective bone alignment and support. Additionally, the rising geriatric population with joint deformities and traumatic injuries will result in deep market penetration for orthopedic orthotic devices. The limiting factors related to this market are the ineffective reimbursement policies that deter patients from availing orthotic devices for treatment, and maintaining the orthotic devices, such as cleaning, oiling, etc., is a tedious job.

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In accordance with the scope of the report, the product segment includes braces and support for the upper extremity, braces and support for the lower extremity, and orthotic splints. Braces and support of the upper extremity are further categorized as braces and support of the elbow, braces and support of the spine, braces, and support of the shoulders, braces and support of the wrist, and braces and support of the neck. Braces and support of the lower extremity are further classified as braces and support of the ankle, braces, and support of the hip, and braces and support of the knee. Orthotic splints are further sub-segmented as lower extremity splints and upper extremity splints. The market estimation and forecast for the duration of 2015–2025 are included in the report.

Emphasis has been laid on the geography segment with elucidation on market size and forecast for the duration of 2015–2025.

A brief understanding regarding the scope of the report has been elucidated by specifically focusing on the competition currently observed among the companies that have a tremendous influence on the orthopedic orthotic devices market. The competitive landscape has been beneficial in understanding the competition. Porter’s five forces model has been useful in providing insights regarding the business dynamics of the orthopedic orthotic devices market. The market leaders in the global orthopedic orthotic devices market are Ossur, Ottobock, Ltd., Ascent Meditech Limited, Bauerfeind AG, Breg, Inc., BSN Medical, CARE Co., DeRoyal Industries, Inc., DJO Global, and Truelife.

Based on product, the orthopedic orthotic devices market is categorized into:

Upper Extremity Braces and Support

  • Elbow Braces and Support
  • Spinal Braces and Support
  • shoulder braces and support
  • Wrist Braces and Support
  • neck braces and support

Lower extremity braces and support

  • knee braces and support
  • Ankle Braces and Support
  • hip braces and support

Orthotic Splints

  • Upper Extremity Splints
  • Lower Extremity Splints

The growth of the orthopedic orthotic devices market is determined by the rising prevalence of chronic diseases such as osteoporosis, spondylitis, rheumatoid arthritis, etc. The increasing geriatric population with grade 3 osteoarthritis and rising cases of injuries due to traumatic accidents and sports will result in deep market penetration for orthopedic orthotic devices. Manufacturers involved in the manufacturing of orthopedic orthotic devices are constantly striving to achieve uniform thickness in the orthotic devices by employing CAD/CAM software’s ability to capture 3-D images of the foot and computer numerical control machines milling the orthotic device.

Currently, braces and support of the lower extremity are the largest market due to the rising prevalence of knee and osteoarthritis in the geriatric population and the increasing number of knee, ankle, and foot injuries in athletes playing football, baseball, basketball, and field and track athletics events. Braces and support of the upper extremity show promising sales records and prominent growth for the period 2015-2025 due to the increasing number of traumatic injuries in the upper extremities, such as the spine, wrist, and neck, due to car accidents, falls, and injuries at the workplace, as well as the rising prevalence of shoulder and elbow injuries in athletes playing cricket, wrestling, and boxing. The major players in the orthopedic orthotic devices market are DeRoyal Industries, Bauerfeind AG, CARE Co., Ltd., Ascent Meditech Limited, Breg, Inc., BSN Medical, DeRoyal Industries, Inc., DJO Global, Ossur, Ottobock, and Truelife.

For the purpose of this study, the global orthopedic orthotic devices market is categorized into the following regional and country-specific markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

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According to the Centers for Disease Control and Prevention’s 2015 statistics, approximately 30 million adults in the U.S. are suffering from osteoarthritis. The factors responsible for the dominance of North America are the rising prevalence of osteoporosis, osteoarthritis, etc., the existence of well-developed healthcare centers, and the presence of major players engaged in the manufacture of orthopedic orthotic devices. The increase in the geriatric population suffering from bone deformities necessitating effective support and braces for bone structure alignment, as well as a supportive regulatory environment for orthopedic orthotic devices, is primarily responsible for market growth in Europe. The Asia-Pacific region will experience consistent growth due to an increasing number of elderly patients suffering from grade 3 osteoarthritis and fast-track approval for orthopedic orthotic devices.

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Global Orthopedic Orthotic Devices Market Portraiture
2.1.1. Global Orthopedic Orthotic Devices Market, by Product, 2016 (Value %)
2.1.2. Global Orthopedic Orthotic Devices Market, by Geography, 2016 (Value %)

Chapter 3. Orthopedic Orthotic Devices Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Porter’s Five Forces Analysis
3.6. Attractive Investment Proposition, by Geography
3.7. Top 3 Countries: Global Orthopedic Orthotic Devices Market, 2015-2025 (US$ Mn)
3.8. Competitive Landscape: Global Orthopedic Orthotic Devices Market, by Key Players, 2015-2025 (US$ Mn)

Chapter 4. Global Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
4.1. Overview
4.2. Attractive Investment Proposition: Global Orthopedic Orthotic Devices Market, by Product, 2016
4.3. Upper Extremity Braces and Support
4.3.1. Elbow Braces and Support
4.3.2. Spinal Braces and Support
4.3.3. Shoulder Braces and Support
4.3.4. Wrist Braces and Support
4.3.5. Neck Braces and Support
4.4. Lower Extremity Braces and Support
4.4.1. Knee Braces and Support
4.4.2. Ankle Braces and Support
4.4.3. Hip Braces and Support
4.5. Orthotic Splints
4.5.1. Upper Extremity Splints
4.5.2. Lower Extremity Splints

Chapter 5. Global Orthopedic Orthotic Devices Market, by Geography, 2015 – 2025 (US$ Mn)
5.1. Overview
5.2. North America Orthopedic Orthotic Devices Market Analysis, 2015 – 2025
5.2.1. North America Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
5.2.2. North America Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.2.2.1. U.S.
5.2.2.1.1. U.S. Orthopedic Orthotic Devices Market, By Product, 2015-2025 (US$ Mn)
5.2.2.2. Canada
5.2.2.2.1. Canada Orthopedic Orthotic Devices Market, By Product, 2015-2025 (US$ Mn)
5.3. Europe Orthopedic orthotic devices Market Analysis, 2015 – 2025
5.3.1. Europe Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
5.3.2. Europe Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.3.2.1. U.K.
5.3.2.1.1. U.K. Orthopedic Orthotic Devices Market, By Product, 2015-2025 (US$ Mn)
5.3.2.2. Germany
5.3.2.2.1. Germany Orthopedic Orthotic Devices Market, By Product, 2015-2025 (US$ Mn)
5.3.2.3. Rest of Europe
5.3.2.3.1. Rest Of Europe Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.4. Asia Pacific Orthopedic orthotic devices Market Analysis, 2015 – 2025
5.4.1. Asia Pacific Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
5.4.2. Asia Pacific Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.4.2.1. Japan
5.4.2.1.1. Japan Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.4.2.2. China
5.4.2.2.1. China Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.4.2.3. India
5.4.2.3.1. India Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.4.2.4. Rest of Asia Pacific
5.4.2.4.1. Rest Of Asia Pacific Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.5. Latin America Orthopedic Orthotic Devices Market Analysis, 2015 – 2025
5.5.1. Latin America Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
5.5.2. Latin America Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
5.5.2.1. Brazil
5.5.2.1.1. Brazil Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.5.2.2. Mexico
5.5.2.2.1. Mexico Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.5.2.3. Rest of Latin America
5.5.2.3.1. Rest Of Latin America Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.6. Middle East & Africa Orthopedic orthotic devices Market Analysis, 2015 – 2025
5.6.1. Middle East and Africa Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
5.6.2. Middle East and Africa Orthopedic Orthotic Devices Market, by Region, 2015 – 2025 (US$ Mn)
5.6.2.1. GCC
5.6.2.1.1. GCC Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)
5.6.2.2. Rest of Middle East and Africa
5.6.2.2.1. Rest Of Middle East and Africa Orthopedic Orthotic Devices Market, by Product, 2015-2025 (US$ Mn)

Chapter 6. Company Profiles
6.1. ALCARE Co., Ltd.
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. Key Developments
6.2. Ascent Meditech Limited
6.3. Bauerfeind AG
6.4. Breg, Inc.
6.5. BSN Medical
6.6. DeRoyal Industries, Inc.
6.7. DJO Global
6.8. Ossur
6.9. Ottobock
6.10. Truelife

List of Figures

FIG. 1 Orthopedic orthotic devices: Market Segmentation
FIG. 2 Global Orthopedic orthotic devices Market Share, by Product, 2016 (Value %)
FIG. 3 Global Orthopedic orthotic devices Market Share, by Geography, 2016 (Value %)
FIG. 4 Attractive Investment Proposition, by Geography
FIG. 5 Market Competition Landscape, by Key Players, 2016
FIG. 6 Global Elbow Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 7 Global Spinal Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 8 Global Shoulder Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 9 Global Wrist Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 10 Global Neck Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 11 Global Knee Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 12 Global Ankle Braces and Support Market For Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 13 Global Hip Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 14 Global Upper Extremity Splints Market For Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
FIG. 15 Global Lower Extremity Splints Market For Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)

List of Tables

TABLE 1 Global Orthopedic Orthotic Devices Market Portraiture
TABLE 2 Global Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 3 Global Upper Extremity Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
TABLE 4 Global Lower Extremity Braces and Support Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
TABLE 5 Global Orthotic Splints Market for Orthopedic Orthotic Devices, 2015 – 2025 (US$ Mn)
TABLE 6 Global Orthopedic Orthotic Devices Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 7 North America Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 8 North America Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 9 U.S. Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 10 Canada Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 11 Europe Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 12 Europe Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 13 U.K. Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 14 Germany Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 15 Rest of Europe Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 16 Asia Pacific Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 17 Asia Pacific Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 18 Japan Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 19 China Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 20 India Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 21 Rest of Asia Pacific Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 22 Latin America Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 23 Latin America Orthopedic Orthotic Devices Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 24 Brazil Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 25 Mexico Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 26 Rest of Latin America Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 27 Middle East And Africa Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 28 Middle East And Africa Orthopedic Orthotic Devices Market, by Region, 2015 – 2025 (US$ Mn)
TABLE 29 GCC Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 30 Rest of Middle East and Africa Orthopedic Orthotic Devices Market, by Product, 2015 – 2025 (US$ Mn)
TABLE 31 ALCARE Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 Ascent Meditech Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 Bauerfeind AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 34 Breg, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 35 BSN Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 36 DeRoyal Industries, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 37 DJO Global: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 38 Ossur: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 39 Ottobock: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 40 Truelife: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage

Frequently Asked Questions:

What is the size of Orthopedic Orthotic Devices Market?

The market for Orthopedic Orthotic Devices Market is expected to reach US$ 5,695.8 Mn by 2025.

What is the Orthopedic Orthotic Devices Market CAGR?

The Orthopedic Orthotic Devices Market is expected to see significant CAGR growth over the coming years, at 4.24%.

What is the Forecast period considered for Orthopedic Orthotic Devices Market?

The report is forecasted from 2017-2025.

What is the base year considered for Orthopedic Orthotic Devices Market?

The base year of this report is 2016.

Who are the major players in this market?

DeRoyal Industries, Bauerfeind AG, CARE Co., Ltd., Ascent Meditech Limited, Breg, Inc., BSN Medical, DeRoyal Industries, Inc., DJO Global, Ossur are some of the major players in the global market.

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