#Braces Market

[industryupdate]

Latin America Orthopedic Garments, Soft Goods and Braces Market is Witnessing Significant Growth

As per a report by P&S Intelligence, the Latin America orthopedic garments market will advance at 5.2% compound annual growth rate, to reach USD 376.3 million, by 2030. To learn more about this report: https://bit.ly/3Pj2Rof The growth in the industry is driven by factors such as the increasing elderly populace, the existence of numerous physiotherapists, easy availability & affordability of…

[batcavescolony]

Head canon:

Hero's have adapted their suits to help them. They have extra back stabilization cus of a back injury, built in braces for their knees, elbow or wrists etc. This means they can't just take off their suits and trade them cus they're custom made for each hero.

[hearditinapastlife2019]

naurrr my coworker told my boss yesterday about my farmer drama from the summer that i’ve been avoiding telling my boss about because i don’t want to be dramatic (& because i’ve already had lots of issues with customers and i didn’t want to bring up another) and apparently they want to talk to me tomorrow and make sure im ok. NOOOOOO

[thebirdandhersong]

on the good news train today: I have finally finished the last chapter(!!!) of my Inklings challenge story, which marks the FIRST ever Inklings challenge story I've ever completed properly :'D coming in at 30,810 words (yikes) (it did get out of hand, I must admit), it is definitely not a short story, but it IS a piece that I think articulates a lot of what I've been thinking about lately re: love and death, and, considering everything, is probably something I needed to write. I am very happy!! It has been a wild ride, but a deeply clarifying one.

[antirepurp]

my friend came across sonic advance 2 while in japan and got it for me so once they get back im going to have to face the advance series' level design once more to unlock the one thing i wanted this game on a cartridge for: the tiny chao garden

[divinekangaroo]

last night i dreamt that somebody loved me - pettiot - Peaky Blinders (TV) [Archive of Our Own]

Ch 1 / ?

S4-E6. What happens in the months between Tommy deciding to run for a parliamentary seat and his successful election outcome.

This is how Thomas Shelby proposes marriage to a whore: he doesn’t.

.

.

Explicit | Tommy Shelby/Lizzie Stark, Polly Grey, Ada Shelby, Charles Shelby, Ruby Shelby | Post-Birth Sex, Hurt/Comfort, Anachronistic Chinese Restaurant, Class Issues, Anger Issues, Profoundly and Mutually Poor Communication Skills, Probably Non-canon Compliant Shelby Grandparent and Parent Backstory, Swiftly Averted Lactation Kink, Mild Post-natal Depression (Lizzie’s got the Morbs)

[disastergay]

sometimes I forget that my family will be forced to pay like, $55,467 out of pocket in order to fix a problem with my jaw that, if left unchecked, will permanently ruin my teeth

and this is because our insurance company decided said surgery is not essential to my survival

[fingertipsmp3]

Guess who fucked up her knee again??? And AT WORK no less

[mitalipingale]

https://social.studentb.eu/read-blog/188841_dental-braces-market-size-analysis-and-forecast-2031.html

The Dental Braces Market in 2023 is US$ 4.12 billion, and is expected to reach US$ 7.03 billion by 2031 at a CAGR of 6.92%.

[healthcaremarketanalysis]

Orthopedic Braces & Supports Market worth $5.1 billion by 2029

The global orthopedic braces and supports market is projected to reach USD 5.1 billion by 2029, up from USD 3.6 billion in 2023, at a CAGR of 7.2%. We have observed that bracing products are increasingly used in musculoskeletal and soft tissue applications driven by the market availability of lightweight and customizable products and the rising number of sports and other injuries and related orthopedic surgical procedures. These trends are further augmented by the customer shift toward off-the-shelf/OTC products, integration of smart textiles with bracing products (such as glucose or heart rate monitors), and continued reimbursement coverage in prominent markets. Some of the noteworthy start-ups reported in the market include Roam Robotics, Sensoria Health, ActiveOrtho, Orpyx, Myomo, Exos, and Ossur.

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Market Dynamics

 Drivers

Increasing prevalence of orthopedic diseases and disorders

Continuous product commercialization

Growing product affordability and availability

Rising number of sports and accident-related injuries

Growing public awareness about preventive care

 Restraints

Limited patient qualification for bracing-mediated orthopedic treatment

Limited clinical evidence of therapeutic efficacy

 Opportunities

Increased sales of off-the-shelf and online products

Expansion and promotion initiatives by major manufacturers

 Challenges

Significant adoption of pain medication

Product comfort and compliance

By product, the Knee Braces and Supports segment accounted of orthopedic braces & supports industry for the largest share in 2022. Based on products, the global orthopedic braces & supports market is segmented into Knee, Ankle, foot walkers, Hip, Back, and Spine, Shoulder, Elbow, Hand, Wrist, Facial braces and supports. In 2022, the knee braces and supports segment accounted for the largest market share. Rising awareness of proactive health and increased prevalence of musculoskeletal issues fuel the growth of preventive care with braces and supports, offering non-invasive pain relief and injury prevention.

From sports enthusiasts to aging populations, people embrace braces as they provide affordable, comfortable support, reducing strain and promoting long-term joint health.

By Type, the soft and elastic braces type segment of orthopedic braces & supports industry to register significant growth in the near future. Based on type, the orthopedic braces & supports market is divided into soft and elastic braces, hand braces and supports, elbow braces and supports, hinged braces and supports. The demand for soft and elastic orthopedic braces and supports is growing due to the increasing emphasis on comfort and flexibility, making them more suitable for everyday use and promoting patient compliance. Additionally, advancements in materials and design technologies contribute to the development of lightweight yet effective soft braces, catering to a wide range of orthopedic conditions while allowing for greater mobility.

By end user, the hospitals and surgical centers segment of orthopedic braces & supports industry accounted for the largest share in 2022 On the basis of end user, the orthopedic braces & supports market has been segmented into hospitals and surgical centers, orthopedic clinics, pharmacies and retailers, e-commerce platforms and other end users. However, the hospitals and surgical centers segment is estimated to grow at the highest CAGR during the forecast period.

By region, North America is expected to be the largest market of orthopedic braces & supports industry during the forecast period. North America, comprising the US and Canada, accounted for the largest share of the orthopedic braces & supports market in 2022. The faster growth of the orthopedic braces and supports imaging market in North America can be attributed to its technological leadership, robust healthcare infrastructure, high market demand driven by prevalent diseases and an aging population, ample financial resources for advanced medical equipment investment, established regulatory frameworks ensuring safety and quality, active research collaboration, insurance coverage for advanced diagnostics, patient expectations for comprehensive care, and a competitive market environment fostering innovation.

As of 2022, prominent players in the market are 3M (US), Essity (Sweden), DJO LLC (US), Ossur HF (Iceland), Breg, Inc. (US), Bauerfeind AG (Germany), Devicor Medical Products, Inc., (Leica Biosystems) (Germany), Hologic, Inc. (US), Argon Medical Devices (US), Zimmer Biomet (US), Ottobock Healthcare (Germany), Thuasne (France), ALCARE Co., Ltd (Japan), Nippon Sigmax (Japan), Bird & Cronin (US), DeRoyal Industries (US), medi GmbH (Germany), and Foundation Wellness (US)

Recent Developments of Orthopedic Braces & Supports Industry: In January 2022, Össur announced the launch of the ReLeaf Active knee brace, designed to provide pain relief and support for patients with osteoarthritis. The brace features a unique hinge design that mimics the natural movement of the knee, and it is made from lightweight, breathable materials for comfort. In August 2022, DonJoy announced the launch of the Vizor 120 ankle brace, a lightweight and comfortable brace that provides support and stability for patients with ankle sprains. The brace features a unique air-filled pad that conforms to the shape of the ankle, and it is made from breathable materials to keep the foot cool and dry.

[bommagoni]

Europe Knee Braces Market Size, Share, Trends, Forecast 2030

[marketreports-blog]

According to latest report, the U.S. orthopedic braces and supports market size was estimated at USD 1.75 billion in 2024 and is projected to hit around USD 2.93 billion by 2033, growing at a CAGR of 5.9% during the forecast period from 2024 to 2033. 

[robotsafari]

WHO IS THIS GREEN GUY????

[industryforecastnews]

Orthopedic Braces And Supports Market Size To Reach USD 7.01Bn By 2030

Orthopedic Braces And Supports Market Growth & Trends

The global orthopedic braces and supports market size is expected to reach USD 7.01 billion by 2030 and is expected to expand at a CAGR of 7.0% over the forecast period, according to a new report by Grand View Research, Inc. Key factors propelling the market growth include the growing incidence of injury & trauma, the prevalence of chronic diseases such as rheumatoid and osteoarthritis and increasing technological advancements. For instance, in March 2023, Aspen Medical Products, a mobility and pain management solutions provider, partnered with NICE Recovery Systems (NICE) to launch integrated bracing and cold compression solutions for pain management and post-operative care to patients recovering from surgery or injury.

Osteoporosis is a leading cause of musculoskeletal and joint disorders among the older population, increasing the demand for orthopedic braces. Older individuals are prone to experiencing various musculoskeletal ailments, making them a key demographic driving the market demand for orthopedic braces and supports. For instance, according to the International Osteoporosis Foundation, annually, osteoporosis causes over 8.9 million fractures across the globe, resulting in an osteoporosis fracture every 3 seconds. Similarly, according to the same source, osteoporosis affects approximately 6.3% of men over the age of 50 and 21.2% of women over the age of 50 globally.

As people age, significant changes occur in their neuromuscular and skeletal systems, making them more susceptible to weak arthritis, anterior cruciate ligament (ACL) injuries, and ligament tears. The older population is projected to grow significantly during the forecast period, further driving the demand for orthopedic braces and supports.

The growing prevalence of sport-related injuries is another significant factor contributing to pain, disability, or restricted movement, thereby driving the demand for orthopedic braces and supports. For instance, in Europe, sports injuries account for around 6.2 million people annually. Furthermore, in the U.S., it is projected that 30 million children and adolescents participate in youth sports; among them, 2 million individuals account for sports injuries.

Request a free sample copy or view the report summary: Orthopedic Braces And Supports Market Report

Additionally, the rising prevalence of chronic and acute conditions, such as arthritis and sports injuries, further boosts the demand for orthopedic braces and supports. Major companies in the market are actively involved in initiatives to improve product offerings and expand their market presence, which is expected to contribute to the overall market growth. For instance, in February 2021, BREG, Inc, a provider of billing services and orthopedic bracing, introduced two new product lines called Pinnacle and Ascend. These product lines consist of 15 orthopedic braces specifically designed for patients with spinal injuries. The launch of these new product lines signifies the company's expansion of its product portfolio, allowing it to offer a broader range of solutions to meet the needs of patients with spinal injuries.

Injuries associated with sports are rising due to the increasing number of sports activities. Athletes involved in fitness-related pursuits, including cycling, running, and others, are particularly susceptible to physical injuries, including ligament injuries. Indoor athletes, in particular, face a high threat of ankle ligament tears, leading to a significant demand for ankle braces. For instance, according to the National Safety Council, in the U.S., 445,642 and 409,224 exercise and exercise equipment injuries were reported in 2022 and 2021, respectively. Additionally, ankle braces are commonly recommended for recovery from acute ankle sprains. Athletes utilize orthopedic braces to safeguard themselves from injuries during sports activities. These braces aid in restricting unwanted movements during matches, allowing athletes to play with greater ease and convenience.

Orthopedic Braces And Supports Market Report Highlights

By product, the braces & supports segment held the largest market share of 74.9% in 2023 and is also expected to witness the fastest growth during the forecast period, owing to the increasing number of osteoarthritis cases, which boosts the demand for products such as braces and support devices

By end-use, the orthopedic clinic segment held the largest share in terms of revenue in 2023. The segment's dominance is attributed to the growing preference for orthopedic consultations for fast and rapid checkups

North America dominated the overall market with a revenue share of 33.7% in 2023, owing to the increasing expenditure on healthcare and rising disposable income

Regional Insights

North America held the largest market revenue share of 33.7% in 2023. The dominance of the North American region is attributed to the presence of technologically equipped hospitals in Canada and the U.S. In addition, the region experiences a growing prevalence of chronic conditions, resulting in an increased number of orthopedic surgeries. The expanding geriatric population further fuels this trend as older individuals are more susceptible to orthopedic issues. For instance, according to America's Health Rankings 2022 data, in the U.S., around 58 million adults ages 65 and older.

Orthopedic Braces and Supports Market Segmentation

Grand View Research has segmented the orthopedic braces and supports market-based on product, end-use, and region:

Orthopedic Braces & Supports Product Outlook (Revenue, USD Million, 2018 - 2030)

Braces & Supports Type

Knee Braces & Supports

Knee Braces for Osteoarthritis & Ligament Injuries

Post-operational Knee Braces

Back Braces & Supports

Upper Spine Orthoses

TLSOs

LSOs

Others

Ankle Braces & Supports

Soft Braces

Hinged Braces

Walking Boots

Pneumatic

Non-pneumatic

Upper Extremity Braces & Supports

Elbow Braces & Supports

Wrist Braces & Supports

Others

Hip Braces & Supports

Others

Pain Management Products

Cold Therapy Products

DVT Products

Orthopedic Braces & Supports End-use Outlook (Revenue, USD Million, 2018 - 2030)

Orthopedic Clinics

Over the Counter (OTC)

Hospitals

DME Dealers

Others

Orthopedic Braces & Supports Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

Spain

Norway

Denmark

Sweden

Asia Pacific

China

India

Japan

Australia

South Korea

Thailand

Latin America

Brazil

Mexico

Argentina

MEA

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players in Orthopedic Braces And Supports Market

BREG, Inc.

Frank Stubbs Company Inc.

DeRoyal Industries, Inc.

Össur

Fillauer LLC

Ottobock

McDavid

Bauerfeind

Weber Orthopedic LP

DJO, LLC (Enovis)

Browse Full Report: Orthopedic Braces And Supports Market Report

[bhushans]

Unveiling the Power of Data: Global Orthopedic Braces and Support Market

The global orthopedic braces and supports market is expected to increase significantly over the next several years, reaching a valuation of more than US$ 4.6 billion by 2024. The market is anticipated to grow at a strong Compound Annual Growth Rate (CAGR) of 6.7% during the assessment period, reaching a value of US$ 8.8 billion by 2034.

Orthopedic braces and supports offer patients the necessary stability and support during the treatment and recovery of musculoskeletal disorders and accidents. Global demand for cutting-edge orthopaedic braces and supports is being driven by the rising incidence of orthopedic illnesses and the development of orthopaedic brace technologies.

Orthopedic braces and supports offer a wide range of benefits, including pain relief, improved joint stability, and support during recovery from injuries. They play a crucial role in various applications, from post-surgical rehabilitation to chronic pain management and sports injury prevention.

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Here are some key drivers propelling the market growth:

Rising Prevalence of Musculoskeletal Disorders: The global aging population and increasingly active lifestyles are leading to a higher incidence of musculoskeletal disorders like arthritis, osteoporosis, and sports injuries.

Focus on Non-Invasive Treatment Options: Healthcare providers are increasingly recommending non-invasive solutions for managing musculoskeletal conditions whenever possible. Orthopedic braces and supports offer an effective and non-invasive approach.

Technological Advancements: Continuous advancements in materials science and design are leading to the development of more comfortable, lightweight, and user-friendly orthopedic braces and supports.

Top Recommended Strategies to Stay Ahead of Market Competition:

Key players can use smart sensors, materials, and biofeedback mechanisms to provide rehabilitation experiences and personalized support for effective rehabilitation bracing solutions.

Companies need to prioritize research to develop new materials, applications, and designs for braces and support to effectively meet the needs of patients and align with emerging trends.

Industry participants can consider collaborating with experts to prepare products validated for science and practical use cases.

Market contenders can offer customization options like personalized support levels and custom-fit braces to meet individual needs effectively.

By focusing on streamlining the purchase process, like offering hassle-free returns and convenient online ordering options, players can build loyalty and trust among their target market.

Recent Developments

In October 2023, OrthoPediatrics Corp. launched the DF2 Brace as a strategy to expand into non-surgical business to treat kids suffering from musculoskeletal injuries.

In September 2023, Enovis Corporation officially disclosed the acquisition of LimaCorporate S.p.A. The acquisition of the latter company added a wide variety of orthopedic medical devices like braces and other support apparatus.

Key Players in the Orthopedic Braces and Support Industry:

DJO, LLC (United States)

Zimmer Biomet (United States

Medtronic (Ireland)

Stryker Corporation (United States)

Össur (Iceland)

NuVasive®, Inc (United States)

Integra LifeSciences Corporation (United States)

Globus Medical (United States)

OTTOBOCK (Germany)

AC Mould Engineering Limited (China)

Johnson and Johnson Services, Inc (United States)

Weber Orthopedic LP. DBA Hely and Webe (United States)

BSN medical (India)

Becker Orthopedic (United States)

OPPO MEDICAL INC (United States)

Langer Biomechanics (United States)

Frank Stubbs Company Inc. (United States)

DeRoyal Industries, Inc (United States)

Ascent Meditech Limited (India)

Alcare Co., Ltd (Tokyo)

Others

Orthopedic Braces and Support Industry by Category:

By Product:

Braces and Supports Type

Knee Braces for Osteoarthritis and Ligament Injuries

Post-operational Knee Braces

Upper Spine Orthoses

TLSOs

LSOs

Soft Braces

Hinged Braces

Pneumatic

Non-pneumatic

Elbow Braces and Supports

Wrist Braces and Supports

Pain Management Products

Cold Therapy Products

DVT Products

By End-user:

Orthopedic Clinics

Over the Counter (OTC)

Hospitals

DME Dealers

Others

By Region:

North America

Latin America

Western Europe

Eastern Europe

South Asia and the Pacific

East Asia

Middle East and Africa