#Orthopedic Braces And Supports Market Size & Share

[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.

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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

[marksmithimarc]

The global orthopedic braces and supports market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. Orthopedic braces and supports are medical devices that support, stabilize, and immobilize bones, joints, and muscles.

[market-insider]

COVID-19 Resulted A Dip In Demand For Orthopedic Braces And Supports

The global orthopedic braces and supports market size is anticipated to reach USD 7.01 billion by 2030, registering a CAGR of 6.5% during the forecast period, according to a new report by Grand View Research, Inc. The key factors driving the market growth include the rising prevalence of chronic diseases such as osteoarthritis and rheumatoid arthritis, the incidence of trauma & injury, and technological advancements. In December 2021, Nan yang Technological University, Singapore, and an engineering firm developed X-Brace - a knee brace that is 30.0% lighter than conventional knee braces. It is distributed by a subsidiary of Delsson- Wearable Kinetics.

The COVID-19 resulted in a dip in demand for orthopedic braces and supports. This was due to the movement restrictions and social distancing measures implemented at local, national, and regional levels. The pandemic also led to supply chain hurdles, decreased sales & marketing activities, and operational challenges. As per the National Safety Council, sports and recreational injuries reduced by around 27.0% in 2020.

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Injuries associated with lacrosse, hockey, track & field, baseball, softball, soccer, football, and basketball decreased by more than 60.0% from March to September 2020. This was attributed to the suspension of school and youth sports leagues leading to decreased visits to emergency departments. However, the demand recovered to pre-COVID levels as social distancing measures were eased and hospital and clinic visits resumed.

Osteoporosis is considered one of the leading causes of musculoskeletal or joint disorders in geriatric populations, leading to the need for orthopedic braces. The products restrict mobility to a particular direction, thereby, assisting the overall movement of a patient. The geriatric population base exhibits the highest incidences of musculoskeletal disorders. Thus, this group population plays a vital role in accelerating the demand for the products.

Aging leads to significant changes in the skeletal and neuromuscular systems, resulting in weak ligaments, arthritis, and Anterior Cruciate Ligament (ACL) tear. The geriatric population is also expected to grow at an unprecedented rate in the years to come. This factor is anticipated to propel the product demand in the orthopedic braces and supports market.

High incidences of sport-related injuries are another leading cause of disability, pain, or restricted movement. As per the study published in the Environment Research and Public Health Journal in May 2021, 40.4% of study participants suffered an injury in 2019. Amongst these, 39.0% were found to be injured in a previously injured area. Around 12.24% were found to suffer from lumbar muscle strains, 11.98% injuries were from ankle sprains, and 9.31% injuries were bone fractures.

Higher rates of injury were found to be associated with using inadequate sports facilities, the greater number of practice hours per week, ages of 14 to 17, inappropriate training loads, and not performing injury-preventive activities. All these risk factors along with the growing incidence of injuries are estimated to propel the demand for orthopedic braces and supports.

[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.

Orthopedic Braces and Supports Market Size, Dynamics & Ecosystem

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Product segment to register significant growth rate over the forecast period of 2023-2029.

Based on the product, the global orthopedic braces and supports market is segmented into Knee, Ankle, foot walkers, Hip, Back, and Spine, Shoulder, Elbow, Hand, Wrist Facial braces and supports. The Kness braces and supports segment is anticipated to register the highest growth rate over the forecast period.

Preventive Care segment in application to register significant growth rate over the forecast period of 2023-2029.

Based on application, the global orthopedic braces and supports market is segmented into preventive care, ligament Injury, post-operative rehabilitation, osteoarthritis, compression therapy, Other Application. The growing trend towards proactive health management has led to increased interest in preventive care, including the use of orthopedic braces and supports to address musculoskeletal issues before they escalate. Additionally, as individuals become more health-conscious, there is a rising awareness of the role that orthopedic braces can play in preventing injuries, promoting proper alignment, and supporting overall musculoskeletal well-being.

The hospitals and breast care centers segment accounted for the largest share of the orthopedic braces and supports market, by distribution channel, in 2023.

Based on distribution channel, the orthopedic braces and supports market is segmented into hospitals and surgical centers, orthopedic clinics, pharmacies and retailers, e-commerce platforms and other end users. The hospitals and surgical segment accounts for the largest share of the market in 2022. The increasing prevalence of musculoskeletal disorders and post-surgical rehabilitation needs has fueled the demand for orthopedic braces and supports in hospitals and surgical centers. Additionally, advancements in medical technology and a growing emphasis on non-invasive treatment options contribute to the expanding utilization of orthopedic braces within healthcare settings for comprehensive patient care.

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.

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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

Prominent Players:

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.

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Orthopedic Braces And Supports Market To Reach $7.01 Billion By 2030

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

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

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)

[neha24blog]

Orthopedic Braces And Supports Market Outlook By Product, End-use, Region And Forecast Till 2030 : Grand View Research Inc.

San Francisco, 22 April 2024: The Report Orthopedic Braces And Supports Market Size, Share & Trends Analysis Report By Product (Braces & Supports Type, Pain Management Products), By End-use (Orthopedic Clinics, OTC), By Region, And Segment Forecasts, 2024 – 2030 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…

[123567-9qaaq9]

Sports Medicine Market, Market Size, Market Share, Key Players| BIS Research 

Sports play an important part in the development of an individual and society. Sports is a physical activity which inculcates discipline, activeness, fitness, and team spirit among people. Playing sports is a common physical activity taken up by health-conscious individuals globally. Not only professional athletes, but children as well as adults play sports.The physical activity involved while playing sports may lead to injuries among the players. 

Market Overview:

The sports medicine market encompasses a wide range of products and services designed to prevent, diagnose, and treat injuries related to sports and physical activities. This includes orthopedic devices, rehabilitation equipment, diagnostic imaging, and pharmaceuticals. The market's growth is fueled by the growing emphasis on maintaining an active lifestyle, coupled with a surge in sports-related injuries worldwide.

Sports medicine is a branch of healthcare that deals with the prevention and treatment of sports injuries and the overall physical fitness of active sportspersons, affecting their functioning and performances, hence, sports medicine is specifically important for them. The treatment of injuries may involve the use of medical devices and pharmaceuticals. These medical devices include implants, arthroscopy devices, suture anchors, braces and support and many other accessories. With the rising awareness about sports and fitness, there has been an increased participation in sports even by the non-professional sportsperson and hence there is an increase in the need for the development of novel diagnostics, prevention techniques and treatment methods which are aimed specifically at sports injuries. The market has witnessed significant advancements in the past few years through the intervention of high-end technologies and medical devices. These advanced treatment methods have reduced time for recovery.

Grab a free sample @ Global Sports Medicine Market Report 

 Market Trends:

Technological Advancements: The integration of cutting-edge technologies, such as robotics, artificial intelligence, and virtual reality, has revolutionized the sports medicine landscape. These technologies are not only enhancing diagnostic capabilities but also improving treatment outcomes and rehabilitation processes.

Regenerative Medicine: Stem cell therapy and platelet-rich plasma (PRP) treatments are gaining prominence in sports medicine. These regenerative approaches aim to accelerate healing and tissue repair, offering athletes a faster and more efficient recovery from injuries.

Wearable Technology: The rise of wearable devices for monitoring and tracking physical activity has a significant impact on the sports medicine market. These devices provide real-time data on athletes' performance, enabling healthcare professionals to tailor personalized treatment and injury prevention strategies.

Telemedicine: The adoption of telemedicine in sports medicine has increased, allowing athletes to access medical consultations remotely. This trend has become especially prominent in the post-pandemic era, providing convenient and timely healthcare solutions for athletes.

Visit our vertical page to understand better @ Precision Medicine 

Market Segmentation:

The sports medicine market can be segmented based on product type, application, and end-user.

Product Type: Based on products, the market can be sub-segmented into body reconstruction and repair, body support, and accessories market respectively. The market for body reconstruction and repair dominates the market in terms of revenue. The growth of the body reconstruction and repair market is accredited to the efficiency of these for advanced methods of treatment for different injuries.

Orthopedic Devices

Surgical Equipment

Orthobiologics

Braces and Support Devices

Topical Pain Relief Products

Application: Based on application, the market can be classified into various injury applications such as knee injury, shoulder injury, hip injury, foot and ankle injury, elbow and wrist injury, and others. Knee injuries were the most common type of injuries and contributed the maximum revenue to the global sports medicine market with a share of 28.16% in 2018. 

Knee Injuries

Shoulder Injuries

Foot and Ankle Injuries

Back and Spine Injuries

Elbow and Wrist Injuries

Regional Analysis:

The sports medicine market exhibits regional variations, influenced by factors such as sports culture, healthcare infrastructure, and economic development. North America and Europe are leading markets, driven by high sports participation rates and advanced healthcare systems. Meanwhile, the Asia-Pacific region is witnessing rapid growth due to increasing awareness and rising disposable income.

Key Players of the market

The key players of the market are 

Smith & Nephew, Stryker Corporation

DePuy Synthes

RTI Surgical

Osiris Therapeutics

Arthrex Inc., 

Bioventus LLC

Breg Inc.

Ceterix Orthopedics Inc.

CONMED Corporation

DJO LLC

General Electric Company

Johnson & Johnson

Mueller Sports Medicine, Inc.

RTI Surgical Inc. 

Wright Medical Group N.V.

Zimmer Biomet Holdings, Inc.

Challenges and Opportunities:

While the sports medicine market presents significant opportunities, it also faces challenges such as regulatory hurdles, high treatment costs, and the need for skilled healthcare professionals. However, the increasing focus on preventive healthcare, coupled with ongoing research and development activities, opens up avenues for market expansion.

Future Outlook:

The sports medicine market is poised for continued growth, fueled by ongoing technological advancements, increasing sports participation, and a growing emphasis on fitness and wellness. As the industry evolves, collaboration between healthcare professionals, sports organizations, and technology developers will play a crucial role in shaping the future landscape of sports medicine.

Conclusion:

The Sports Medicine Market Report unveils a dynamic industry at the intersection of healthcare and sports, catering to the diverse needs of athletes and fitness enthusiasts worldwide. With a focus on innovation, personalized care, and preventive strategies, the sports medicine market is set to play a pivotal role in promoting the well-being of individuals engaged in physical activities.

[vijukumar]

Orthopedic Devices Market Size, Share, Trends and Revenue Forecast

The Orthopedic Devices Market is a dynamic landscape, continually evolving to meet the demands of an aging population and advancements in medical technology. From implants to prosthetics, this market plays a pivotal role in enhancing the quality of life for individuals with musculoskeletal conditions. In this blog post, we will delve into key aspects of the Orthopedic Devices Market, unraveling trends, growth drivers, and the transformative impact of cutting-edge technologies.

Orthopedic Devices Market Overview:

The Orthopedic Devices Market encompasses a broad spectrum of products tailored to address various musculoskeletal disorders. Orthopedic Devices Market Analysis. The Orthopedic Devices Market size is estimated at USD 46.18 billion in 2024, and is expected to reach USD 57.79 billion by 2029, growing at a CAGR of 4.59% during the forecast period (2024-2029). From implants and consumables to prosthetics and trauma devices, the industry is at the forefront of innovation. Let's explore the crucial keywords shaping the narrative of the Orthopedic Devices Market.

Orthopedic Implants Market:

Orthopedic implants are integral to surgical interventions aimed at restoring joint function and relieving pain. The Orthopedic Implants Market continues to expand as advancements in materials and design contribute to improved durability and patient outcomes.

Orthopedic Consumables Market:

The consumables segment of the Orthopedic Devices Market focuses on products essential for routine orthopedic procedures. From surgical gloves to sterilization kits, the Orthopedic Consumables Market ensures a seamless and safe surgical environment.

Orthopedic Prosthetics Market:

Advancements in materials and design have revolutionized the Orthopedic Prosthetics Market. Customized solutions, improved comfort, and enhanced functionality are key trends driving the prosthetics segment, catering to a diverse range of patient needs.

Orthopedic Trauma Devices Market:

Trauma devices play a critical role in the Orthopedic Devices Market, addressing fractures, dislocations, and other traumatic injuries. Innovations in materials and fixation techniques contribute to quicker recovery times and improved patient outcomes.

Orthopedic Braces and Supports Market:

Orthopedic braces and supports are vital for managing musculoskeletal conditions and aiding in rehabilitation. This segment of the market focuses on providing solutions that enhance mobility while providing necessary support.

Orthopedic Devices Market Research Reports:

In-depth research reports on the Orthopedic Devices Market are invaluable resources for industry professionals. These reports offer comprehensive insights into market trends, revenue projections, and competitive landscapes, aiding informed decision-making.

Orthopedic Disposable Market:

The Orthopedic Disposable Market addresses the demand for single-use, sterile products in orthopedic procedures. This market segment plays a crucial role in maintaining aseptic conditions during surgeries.

Orthopedic Surgical Robotic Devices Market:

The integration of robotic technology in orthopedic surgeries represents a significant leap forward. The Orthopedic Surgical Robotic Devices Market is witnessing rapid growth, with robotic-assisted procedures offering enhanced precision and shorter recovery times.

Conclusion:

The Orthopedic Devices Market stands at the intersection of medical innovation and patient-centric care. From implants to prosthetics and trauma devices, the industry is committed to advancing treatment options for musculoskeletal disorders. As technology continues to shape the landscape, the future promises even more remarkable developments in the quest for improved orthopedic solutions. Stay tuned as we navigate the ever-evolving world of orthopedic devices, where innovation meets the needs of patients and healthcare providers alike.

[industryforecastnews]

Orthopedic Braces And Supports Market Size, Share & Growth Report, 2030

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: https://www.grandviewresearch.com/industry-analysis/orthopedic-braces-support-systems-market

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

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

S.

Canada

Europe

Germany

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: https://www.grandviewresearch.com/industry-analysis/orthopedic-braces-support-systems-market

[aeroautomotive]

Orthopedic Braces & Supports Market Global Analysis and Forecasts by Solutions, Component, and Application to 2025

"Market Research on Orthopedic Braces & Supports Market - Growth Rate, Market Share & Size" is the name research released by The Insight Partners and is now out for purchase. The business focuses on consulting and specializes in syndicated market research. The company is assisting Orthopedic Braces & Supports market investors by providing both qualitative and quantitative data through this study.

Business Environment Analysis

This market research offers the study of a range of external factors impacting Orthopedic Braces & Supports market players. These factors include economic, technological, and environmental considerations. Businesses can optimize their strategies as per these influences. Orthopedic Braces & Supports market is driven by certain factors and there might be some hindrances ahead, this section takes you through all these factors. This chapter focuses on the following aspects-

Orthopedic Braces & Supports market trends

Economic conditions

Consumer behavior analysis

Technological landscape

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Covid-19 Impact on Business Ecosystem

The pandemic of covid-19 caused a slowdown in startup ecosystems and businesses throughout the globe were affected. Companies suffered from a lack of capital and funds. Shortage of supplies and dependency on global networks resulted in gaps in production. Many businesses come up with new contingency plans to ensure their survival.

The worldwide pandemic has caused considerable disruption to economies and enterprises, as well as several hitherto unheard-of issues. Nevertheless, the full extent of the pandemic's influence is still unknown, and further in-depth longitudinal research is needed to fully explore this matter. Consequently, the purpose of this section is to shed light on the difficulties and possibilities that may arise in the new normal while keeping the pandemic in mind.

Orthopedic Braces & Supports Market Forecast

The market research study guides organizations on market economics by identifying current market size, revenue potential, and total market share. This further includes projections on future market size and share in the forecast period. The company needs to comprehend its clientele and the demand it creates to focus on a smaller selection of items. Through this chapter, market size assists businesses in estimating demand in specific marketplaces and comprehending projected patterns for the future.

Orthopedic Braces & Supports Market Competition Analysis

Key companies in the Orthopedic Braces & Supports market are-��DJO Global, Zimmer Biomet, Ossur Corporate, 3M, Breg Inc., Bauerfeind, BSN medical,, DeRoyal Industries, Inc., Thuasne, ALCARE Co.Ltd, Ottobock. This chapter provides information about both long-standing and recent Orthopedic Braces & Supports market participants. Comprehending the competition facilitates a company's understanding of its market position. The study provides insights into opportunities and dangers facing Orthopedic Braces & Supports industry participants through this chapter. Opportunities for market expansion in the Orthopedic Braces & Supports sector may be found by contrasting the price and organic growth methods employed by major market players.

Orthopedic Braces & Supports Market Segmentation

Based on Product of Orthopedic Braces & Supports Market Research report:

Spine

Shoulder

Elbow

Back & Hip

Knee

and Ankle & Foot

Based on Application of Orthopedic Braces & Supports Market Research report:

Osteoarthritis

Preventive Care

Ligament Injury

Cold Bracing

Based on Regions:

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

Rest of the World…

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[market-insider]

Technological Innovations Driving the Orthopedic Braces and Supports Market

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.

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

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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.

List of top players in Orthopedic Braces And Supports Market

BREG, Inc.

Frank Stubbs Company Inc.

DeRoyal Industries, Inc.

Össur

Fillauer LLC

Ottobock

McDavid

Bauerfeind

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We have segmented the orthopedic braces and supports market-based on product, end-use, and region.

Orthopedic Braces & Supports Product Outlook

Braces & Supports Type

Pain Management Products

Orthopedic Braces & Supports End-use Outlook

Orthopedic Clinics

Over the Counter (OTC)

Hospitals

DME Dealers

Others

Orthopedic Braces & Supports Regional Outlook

North America

Europe

Asia Pacific

Latin America

MEA

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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[healthcaremarketanalysis]

Rotator Cuff Injury Treatment Market Size, Share & Trends [2026]

Rotator Cuff Injury Treatment Market in terms of revenue was estimated to be worth $989.3 million in 2021 and is poised to reach $1,244.2 million by 2026, growing at a CAGR of 4.7% from 2021 to 2026 according to a latest report published by MarketsandMarkets™. Various factors such as rising number of sports-related shoulder injuries, technological advancements in rotator cuff rupture arthroscopic surgical devices, greater product affordability and market availability, and growing public awareness related to the availability of different treatments for rotator cuff rupture. Moreover, the ongoing developments in regenerative biologics are likely to offer significant growth opportunities for players in the rotator cuff injury treatment market.

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North America is the largest regional market for rotator cuff injury treatment industry

North America capture the largest share of the rotator cuff injury treatment market. This is attributed to the continuous development and commercialization of novel rotator cuff injury treatment products, favorable reimbursement and insurance coverage for rotator cuff repair treatment, supportive government regulations for product commercialization, and significant participation in sports.

Additionally, the growing adoption of bracing products for preventive and post-operative patient care, and strong presence of several key players in the country with its orthobiologic products in pipeline are likely to contribute towards the dominant market position.

The prominent players operating in this market includes Arthrex (US), Stryker Corporation (US), Smith & Nephew (UK), Johnson & Johnson (DePuy Synthes) (US), Zimmer Biomet (US), CONMED Corporation (US), Integra LifeSciences Corporation (US), LimaCorporate (Italy), FH ORTHOPEDICS S.A.S. (France), Evolutis India Pvt Ltd. (India), DJO Global (US), 3S Ortho (France), Breg, Inc. (US), GPC Medical Ltd. (India), and Parcus Medical (US).

Market Dynamics

Industry Growth Opportunities

Rising number of sports-related shoulder injuries

Rising technological advancements in rotator cuff rupture devices

Growing public-private funding grants and educational awareness initiatives

Increasing risk of osteoarthritis in the geriatric population

Growing developments in orthobiologics

 Burning Issues and Challenges

High costs associated with arthroscopic surgery instruments

High failure rates of rotator cuff treatment

Shortage of trained orthopedic professionals

Top 3 Use Cases of Rotator Cuff Injury Treatment Market:

Arthroscopic Repair: Arthroscopic surgery is a minimally invasive approach that has become a widely adopted technique for treating rotator cuff injuries. It involves the use of small incisions and specialized instruments to repair the torn tendons of the rotator cuff. Arthroscopic repair offers benefits such as reduced postoperative pain, faster recovery, and improved cosmetic outcomes. This technique is commonly used for smaller to moderate-sized tears and has proven to be effective in restoring shoulder function.

Regenerative Medicine: The use of regenerative medicine approaches, such as stem cell therapy and tissue engineering, shows promise in the treatment of rotator cuff injuries. Stem cells can be harvested from the patient's own body or from other sources and then introduced into the damaged area to promote tissue healing and regeneration. Tissue engineering involves the creation of scaffolds or matrices that provide structural support and promote tissue growth. These regenerative approaches aim to enhance the body's natural healing process and may offer improved outcomes, particularly for more severe or chronic rotator cuff injuries.

Rehabilitation and Physical Therapy: Rehabilitation and physical therapy play a crucial role in the comprehensive treatment of rotator cuff injuries. Following surgical intervention or conservative management, a tailored rehabilitation program helps restore strength, flexibility, and function of the shoulder joint. It involves a range of exercises, manual therapy techniques, and modalities that target the rotator cuff muscles and associated structures. Rehabilitation aims to optimize recovery, improve range of motion, and prevent re-injury. It is an essential component of the overall treatment plan for rotator cuff injuries, enabling patients to regain functional independence and return to their daily activities.

These three use cases highlight the comprehensive approach to treating rotator cuff injuries, incorporating surgical intervention, regenerative medicine approaches, and rehabilitative care. By leveraging these strategies, healthcare professionals can effectively address the various aspects of rotator cuff injuries, promoting healing, restoring function, and improving patient outcomes.