#Orthopedic Braces and Support Market Trends

[rkingresearch]

The Global Orthopedic Braces & Supports Market was valued at USD 3.72 Billion in 2021. The market is projected to grow USD 5.34 Billion in 2030, at a CAGR of 5.9%

[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.

[dog-braces]

The Secret Weapon for Your Dog’s Health: Why Dog Leg Braces Are More Than Just a Trend

Imagine this: your dog, once full of energy, running around with pure joy, suddenly slows down. A limp starts to show up, and your heart sinks. You’ve probably heard of dog leg braces, but how do they really work, and why should you consider one for your furry friend?

A New Era of Mobility for Dogs

Dog leg braces are becoming an increasingly popular solution for dog owners dealing with various leg injuries, post-surgery recovery, and even age-related issues like arthritis. While many people associate these braces with human orthopedics, they’ve been tailored to meet the specific needs of canines. But here's the kicker—there’s more to them than just a simple remedy for a limp.

What’s So Special About Dog Leg Braces?

The market for dog braces is expanding rapidly, and for a good reason. Studies indicate that one in five dogs will develop some form of arthritis, particularly in their joints. According to the American Kennel Club, arthritis is common in older dogs, but it can also affect younger, more active dogs who’ve sustained injuries. This is where a dog leg brace can be a game-changer.

Dog leg braces, also known as canine leg braces, provide joint support, reducing pain and promoting faster healing. They help dogs that suffer from ligament injuries, like a torn ACL (anterior cruciate ligament), or conditions such as hip dysplasia. Unlike a human’s medical brace, a dog’s brace needs to be uniquely designed to allow for movement while stabilizing the joint. This is why custom canine leg braces are becoming a standard choice.

The Benefits You Might Not Know About

Prevents Further Injury Dog leg braces don’t just help your dog recover—they prevent further injury. By stabilizing the leg, they protect the injured area from additional strain, which can lead to worsening the condition. This is especially important for dogs with recurring issues like luxating patella (a dislocated knee), as the brace helps keep the knee joint in place.

Improved Mobility and Quality of Life The right brace can significantly improve your dog's ability to walk, run, and play. You may notice that your dog is more active and has a better range of motion after wearing the brace for a few days. Many owners report that their dog’s mood improves too—less pain means more happy wagging tails.

Supports Healing Without Surgery Surgical options for leg injuries can be invasive and expensive. While surgery may be the best option in some cases, a dog leg brace can help dogs avoid or delay surgery. It’s also a non-invasive and affordable option to manage minor to moderate injuries, especially when combined with physical therapy.

The Downside—What You Should Consider

Despite all the benefits, dog leg braces aren't a one-size-fits-all solution. Not all dogs will tolerate wearing them, especially if they are not properly fitted. A poorly fitted brace can lead to discomfort or chafing, so it's important to get the sizing and material right. Additionally, while braces help with healing, they do not cure the underlying issue. They can be used in conjunction with treatment, but they should not replace professional veterinary care.

Custom Dog Leg Braces: A Tailored Fit

Customizing your dog's leg brace is key to ensuring that it provides the right support without causing discomfort. Some dogs, such as those with unique body types (like Dachshunds or Greyhounds), may need a more tailored design to accommodate their shape. Working with a specialist who understands your dog’s unique needs is critical. For instance, a dog leg brace designed for a dog with arthritis will have different features than one intended to stabilize a knee after surgery.

Are Dog Leg Braces Right for Your Dog?

If your dog is struggling with leg pain, an injury, or even just getting older, a dog leg brace might just be the solution you’ve been searching for. Not only can they provide immediate relief, but they can also support long-term health, allowing your dog to live its best, happiest life possible. Keep in mind, whether it's a canine leg brace, dog braces, or a custom-fit solution, the first step is always consulting your veterinarian. They can help guide you toward the best option for your dog's specific condition.

Ultimately, a dog leg brace could be the key to unlocking a more active, pain-free future for your furry companion, helping them get back to their old self again. After all, they’re not just dogs—they’re family.

[farmacuticals]

Rising Demand for Custom Veterinary Orthotic Solutions

Veterinary Ortho Prosthetics represents a specialized field within veterinary medicine focused on the development and use of prosthetic and orthopedic solutions for animals. These solutions include prosthetic limbs, braces, and support devices that help animals with congenital disabilities, injuries, or conditions that impair their mobility. The rise in pet ownership, coupled with an increasing willingness among pet owners to invest in high-quality healthcare solutions, has contributed significantly to the growth of the Veterinary Ortho Prosthetics market. From enhancing mobility to improving the overall quality of life for pets, Veterinary Ortho Prosthetics plays an essential role in modern veterinary care.

The Veterinary Ortho Prosthetics Market Size was projected to reach 76.79 (USD Billion) in 2022 based on MRFR analysis. By 2032, the veterinary orthopaedics market is projected to have grown from 81.23 billion USD in 2023 to 134.5 billion USD. Over the course of the forecast period (2024–2032), the Veterinary Ortho Prosthetics Market is anticipated to develop at a CAGR of approximately 5.77%.

Veterinary Ortho Prosthetics Analysis

Veterinary Ortho Prosthetics analysis shows a promising growth trajectory, driven by the increasing awareness and demand for quality veterinary healthcare options. As more pet owners seek to improve their pets' comfort and mobility, the demand for custom prosthetics and orthopedic solutions has increased significantly. Veterinary Ortho Prosthetics analysis also reveals that advancements in technology, such as 3D printing and the use of lightweight, durable materials, have enabled veterinarians to design customized prosthetics that fit animals of varying sizes and needs. Furthermore, this sector's growth has been influenced by improvements in diagnostics and surgical techniques, which allow for more precise and successful fittings.

Veterinary Ortho Prosthetics Trends

Recent Veterinary Ortho Prosthetics trends emphasize the use of advanced materials and technologies to create prosthetics that are not only functional but also comfortable for the animals. 3D printing, in particular, has transformed this field by allowing veterinarians to produce customized prosthetics that meet the specific anatomical needs of individual animals. Another key trend is the use of biodegradable materials, which reduce the risk of infection and complications associated with permanent implants. Additionally, an increased focus on post-operative care and rehabilitation solutions has emerged, ensuring animals adapt smoothly to their new prosthetics. These trends reflect a commitment to quality and innovation, which drives the adoption of Veterinary Ortho Prosthetics across diverse veterinary settings.

Reasons to Buy the Reports

Market Insights: Provides comprehensive insights into the Veterinary Ortho Prosthetics market, including growth drivers, challenges, and key market dynamics, making it a valuable resource for stakeholders.

Competitive Analysis: Detailed competitive analysis highlights key players and new entrants in the Veterinary Ortho Prosthetics market, allowing buyers to identify market opportunities and stay ahead of the competition.

Technological Advancements: Outlines recent technological developments, such as 3D printing and custom prosthetics, keeping buyers informed of the latest innovations.

Detailed Segment Analysis: Breakdown by application, animal type, and geographic region to help businesses make informed investment decisions based on market demand and growth potential.

Future Market Projections: Provides future projections, enabling investors to understand potential growth areas and make strategic plans for long-term success in the Veterinary Ortho Prosthetics market.

Recent Developments

Recent developments in Veterinary Ortho Prosthetics highlight the sector’s rapid innovation and its impact on animal welfare. In 2023, several companies began leveraging AI to design prosthetics with improved anatomical precision, allowing for a more natural range of motion. Veterinary surgeons in the United States introduced lightweight, 3D-printed limb prosthetics for dogs, which have gained popularity due to their affordability and accessibility. Additionally, researchers are experimenting with advanced materials like carbon fiber, which offers strength without adding excessive weight to the prosthetics. In Europe, specialized veterinary clinics have developed new prosthetic joint implants for large animals, providing them with enhanced mobility. Such advancements emphasize the evolving nature of the Veterinary Ortho Prosthetics market, reflecting both technological progress and an increased focus on animal rehabilitation.

Veterinary Ortho Prosthetics is a transformative field, offering pets and working animals a chance at improved mobility and quality of life. With continuous innovation and growing acceptance, the market is set to expand, making it a significant area of focus for veterinarians, pet owners, and investors alike.

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[tamanna31]

Exoskeleton Market Trends, Statistics, Segments, Graphs Growth Factors Forecast to 2030

 Exoskeleton Industry Overview

The global exoskeleton market size was estimated at USD 419.5 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 16.6% from 2024 to 2030. In terms of volume, the market volume was 13,643 units in 2023 and is projected to grow at a CAGR of 9.3% from 2024 to 2030. Rapidly growing global geriatric population, rising adoption rates of medical devices in different industries such as automobile, military, defense, and construction, and rising incidence of stroke are some of the key driving forces responsible for the market growth.

Gather more insights about the market drivers, restrains and growth of the Exoskeleton Market

Furthermore, the growing incidence rate of spinal cord injuries (SCI) is expected to drive the demand across global markets. For instance, as per the National Spinal Cord Injury Statistical Center (NSCISC), in the U.S., 17,730 new SCIs are diagnosed annually, and approximately 291,000 live with SCIs.

Exoskeleton solutions are widely adopted across industries to support employee health and boost productivity. Growing demand has led to emergence of several startups expertizing in exoskeleton technology and providing solutions for rehabilitation. Furthermore, constantly evolving exoskeleton industry is driving market players to devise innovative product development strategies to boost adoption over the forecast period. For instance, in June 2022, Ekso Bionics received 510(k) FDA clearance for marketing the EksoNR robotic exoskeleton. It is the latest generation of devices that can be used for rehabilitation of multiple sclerosis patients.

Some of the most common musculoskeletal injuries and disorders affecting the construction industry are occupational overuse syndrome (OOS), cumulative trauma disorders (CTD), and repetitive strain injury (RSI). For instance, as per WHO data estimates published in July 2022, approximately 1.71 billion individuals across the globe have musculoskeletal disorders that include neck pain, lower back pain, fractures, amputation, rheumatoid arthritis, and osteoarthrit is. Similarly, in 2022, according to the U.S. Bureau of Labor Statistics, approximately 502,380 workers have occupation-related musculoskeletal disorders across several industries. These are some of the driving factors boosting adoption of exoskeleton solutions owing to benefits associated with exoskeleton technology, such as augmenting or assisting users’ physical activity or capability, improving users’ health & productivity, and reducing fatigue experienced by industrial workers.

Rapid technological advancements in the global market are expected to boost the demand for exoskeletons. Increasing popularity and growing adoption of exoskeletons by companies are expected to contribute to market growth. In addition, increasing adoption of exoskeletons in manufacturing sector, logistics, automotive, and construction is leading to a rise in penetration of exoskeletons, thereby fueling the market growth. For instance, in December 2021, IKEA and BMW are using Bionic’s fifth generation Cray X, an AI-enabled, powered exoskeleton capable of lifting an additional 70 pounds, reducing the risk of repetitive stress injuries and back injuries. Such advancements are expected to boost market growth over the forecast period.

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global disposable hospital gowns market size was valued at USD 3.68 billion in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030. The heightened focus on infection control within medical settings fuels the demand for disposable gowns.

• The global knee braces market size was valued at USD 1.12 billion in 2023 and is projected to grow at a CAGR of 7.7% from 2024 to 2030. The rise in osteoarthritis (OA) cases, orthopedic knee surgeries, athletic injuries and other knee related injuries are fueling the growth of the knee brace industry.

Exoskeleton Market Segmentation

Grand View Research, Inc. has segmented the exoskeleton market report based on mobility, technology, extremity, structure, end-use, and region:

Exoskeleton Mobility Outlook (Volume, Revenue, USD Million, 2018 - 2030) • Mobile • Fixed/Stationary

Exoskeleton Technology Outlook (Volume, Revenue, USD Million, 2018 - 2030) • Powered • Non-powered

Exoskeleton Extremity Outlook (Volume, Revenue, USD Million, 2018 - 2030) • Upper Body • Lower Body • Full Body

Exoskeleton Structure Outlook (Volume, Revenue, USD Million, 2018 - 2030) • Rigid Exoskeletons • Soft Exoskeletons

Exoskeleton End-Use Outlook (Volume, Revenue, USD Million, 2018 - 2030) • Healthcare • Military • Industry

Exoskeleton Regional Outlook (Volume, Revenue, USD Million, 2018 - 2030) • North America o US o Canada • Europe o Germany o UK o Spain o Italy o France o Denmark o Norway o Sweden • Asia Pacific o Japan o China o India o Australia o Thailand o South Korea • Latin America o Brazil o Mexico o Argentina • MEA o South Africa o Saudi Arabia o UAE o Kuwait

Key Companies profiled: • Ekso Bionics • Hocoma • Lockheed Martin Corporation • Suit X • Rex Bionics Plc. • RB3D • ReWalk Robotics • Cyberdyne, Inc. • ActiveLink (Panasonic Corporation)

Order a free sample PDF of the Exoskeleton Market Intelligence Study, published by Grand View Research.

Key Exoskeleton Company Insights

• Ekso Bionics specializes in bionic exoskeletons, robotics, and rehabilitation. Ekso Bionics received its first FDA clearance for exoskeleton for patients affected with spinal cord injuries and stroke. The company is a leader in technology innovation and is one of pioneers in the market. The company also focuses on partnering with established healthcare facilities to expand their distribution channels and enhance care delivery in newer business geographies

• Cyberdyne, Inc. develops and distributes exoskeleton suits widely used in medicine, caregiving, and living & labor support. The company has been devising various business expansion strategies such as mergers and technological collaborations. The company focuses on collaborating with different stakeholders of the supply chain, thereby increasing its clientele and expanding their business geography

• Lockheed Martin Corporation is a large company dealing in aerospace, security, defense, and other technologies. The company has expertise in developing exoskeleton or exo-robots for the military and defense industries. The company focuses on obtaining defense service contracts

Recent Developments

• In December 2023, German Bionic introduced the Apogee exoskeleton with robotic motors for healthcare workers to lift and move heavy patients with greater ease, less strain, and improved stamina

• In June 2022, CYBERDYNE Inc. formed a business and capital alliance with LIFESCAPES Inc. This collaboration highlighted the combined effort to further leverage the exoskeleton technology arena and improve rehabilitation options for patients with severe paralysis

• In June 2022, Ekso Bionics received 510(k) FDA clearance for marketing the EksoNR robotic exoskeleton. It is the latest generation of devices that can be used for the rehabilitation of multiple sclerosis patients

• In February 2020, Ekso Bionics launched EksoPulse platform, a cloud-deployed platform to measure and analyze EksoNR robotic exoskeleton. The platform is integrated with a user-friendly interface and dashboard to measure activity & progress in rehabilitation sessions

• In November 2018, Lockheed Martin received a USD 6.9 million development contract from the U.S. Army Natick Soldier Research, Development, and Engineering Center (NSRDEC) to further develop the Onyx exoskeleton for soldier demonstrations

[healthcare-skyquest]

The Sports Medicine market is playing an essential role in improving the performance and recovery of athletes worldwide. As the demand for injury prevention and rehabilitation increases, the sports medicine market is expanding rapidly. This article covers the latest market trends, segmentation, growth drivers, and major players, offering insights for industry stakeholders and decision-makers.

Market Overview

According to SkyQuest’s Sports Medicine Market report, the market is currently valued at USD 7.78 Billion in 2023, with a projected CAGR of 5.6%. The increasing awareness of health, fitness, and the rise in sports-related injuries are some of the primary factors driving market growth.

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Market Segmentation

By Product:

Body Reconstruction Products: Used in surgical procedures for repairing damaged tissues and joints.

Body Support & Recovery Products: Includes braces, supports, and physiotherapy devices to aid recovery.

Accessories: Items like tapes, bandages, and disinfectants used for minor injuries and recovery.

By Application:

Knee Injuries: Among the most common sports injuries treated with sports medicine products.

Shoulder Injuries: Shoulder rehabilitation and surgical interventions are critical in sports medicine.

Ankle & Foot Injuries: Foot and ankle injuries account for a large portion of sports injuries, necessitating specialized treatments.

Back & Spine Injuries: Often treated with both conservative and surgical methods in the sports medicine domain.

By End-User:

Hospitals: Major treatment centers for sports injuries and surgeries.

Specialty Clinics: Offering focused treatment and rehabilitation services for sports injuries.

Ambulatory Surgical Centers: Provide outpatient procedures, including orthopedic surgeries related to sports medicine.

Physiotherapy Centers: Focus on non-invasive recovery and rehabilitation through physical therapy.

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Key Growth Drivers

Rising Sports Injuries: With more people participating in sports and fitness activities, the incidence of injuries is growing, driving demand for sports medicine.

Technological Advancements in Surgery: Minimally invasive surgical techniques and advanced rehabilitation technologies are boosting the sports medicine field.

Growing Fitness Awareness: Increased awareness of fitness and wellness is driving the market for injury prevention and performance enhancement products.

Expanding Healthcare Infrastructure: Emerging markets are improving healthcare facilities, further driving the demand for sports medicine.

Leading Companies in the Market

SkyQuest’s Sports Medicine Market report lists the following major players:

Stryker Corporation

Smith & Nephew

Zimmer Biomet

Arthrex, Inc.

Conmed Corporation

Johnson & Johnson

Mueller Sports Medicine, Inc.

DJO Global

Breg, Inc.

Ossur

Read More at: - https://www.skyquestt.com/report/sports-medicine-market

Challenges and Opportunities

The sports medicine market faces challenges such as the high cost of advanced treatments and the risk of post-surgical complications. However, opportunities exist in technological innovations and the increasing adoption of telemedicine in the field of sports rehabilitation.

Future Outlook

The future of the sports medicine market looks promising with ongoing advancements in injury prevention, treatment, and rehabilitation technologies. Companies that focus on research and development and capitalize on the growing demand for non-invasive treatments will be positioned for success in the coming years.

The sports medicine market is set to grow substantially as the demand for specialized treatments and preventive care rises. Decision-makers in the healthcare and sports sectors should leverage these market trends to meet the evolving needs of athletes and fitness enthusiasts. For a deeper analysis and strategic insights, consult SkyQuest’s Sports Medicine Market report.

[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.

[yashmedica]

Soft vs. Hinged vs. Hard Braces: Understanding the Support Spectrum

Confused about soft, hinged, or hard braces? We break down the orthopedic braces market by type, exploring applications, growth trends, and innovative technologies like smart materials and 3D printing. Discover top players and make informed choices

Orthopedic Braces Market: A Breakdown by Type The orthopedic braces market is booming, driven by an aging population and increasing participation in sports activities. But within this market, different types of braces serve specific purposes and cater to varying needs. Let’s delve into the most frequently asked questions regarding soft & elastic braces, hinged braces, and hard braces. 1. Market…

[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

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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

[tritonmarketresearchamey]

Clear Aligners Market: 3D & CAD Improve Treatment Efficacy

According to WHO Global Oral Health Status Report 2022, oral diseases affect around 3.5 billion individuals globally. Periodontal disease is one such condition affecting approximately 19% of the global population, resulting in tooth fallout on several occasions. Further, as per the National Center for Biotechnology (NCBI) , around 93% of adolescents between 12-18 are diagnosed with malocclusion, which refers to developmental abnormalities of teeth. This high prevalence of dental conditions has influenced dentists to adopt advanced solutions, including invisible aligners. Triton’s estimates suggest the global clear aligners market will advance with a CAGR of 29.3% during the forecast period 2023-2030.

While both braces and clear aligners treat malocclusion, the latter technology has gained prominence owing to shorter treatment duration as well as convenience over braces. In recent years align procedures have gained prominence, with clear correct aligners popular among young adults and teenagers due to superior comfort and aesthetic appeal.

While aesthetic appeal has been an attractive marketing strategy, players are expanding their footing with the help of cutting-edge technologies.

CAD/CAM Technology: Innovation Shapes Clear Aligner Treatments

Computer-aided design (CAD) and computer-aided manufacturing have enabled dentists to accomplish complex treatments faster and more accurately. The technology constructs dental veneers, crowns, inlays, aligners, etc., more precisely than traditional methods. Over the recent years, CAD/CAM technology has enabled dental specialists to provide aesthetically pleasing options with decreased side effects and long-lasting restorations. This growing prominence led Align Technology, a medical device company manufacturing the Invisalign system of clear aligners and CAD/CAM software, to establish ‘Align Innovation Center (AIC)’ in Hyderabad, India.

Developed through CAD-CAM technology and thermoformed plastic materials, customized clear correct aligners have gained popularity among teens seeking to improve their appearance while avoiding metal braces. In this regard, the launch of Invisalign Teen has enabled dentists to enhance an individual’s profile by developing the lower jaw. As per industry sources, around 1 million teenagers have opted for clear aligners over braces, especially in North America and Asia-Pacific.

Aesthetic Aligners with 3D Printing and Imaging

According to WHO, malocclusion is the third most prevalent dental condition globally, following dental caries and periodontal disease. Given the high prevalence, clear aligners supported by advanced 3D technology have proven effective in treating crooked teeth, overbites, cross bites, etc. As per the American Journal of Orthodontics and Dentofacial Orthopedics, dental procedures prefer digital workflow with 3D printers to reduce treatment time and improve outcomes. Besides, estimates suggest that more than 20% of patients are willing to pay more to reduce treatment time.

Given the rising benefits of 3D systems, Align Technology introduced a 3D treatment plan, ‘ClinCheck Treatment Plan,’ that designs custom-made Invisalign aligners based on the patient’s teeth X-rays and impressions. Further, on April 20, 2023, LuxCreo, a 3D printing clear dental appliances specialist, launched an FDA Class II 510(k) cleared end-to-end solution for dentists and orthodontists. This approach enables professionals to deliver aligners via oral scan in less than 2 hours. Such innovations are thus expected to widen the scope of the clear aligners market over the forecast period.

Dental Tourism & Teledentistry Expands Application Prospects

Dental treatment has emerged as a prominent medical tourism segment in recent years. Low-cost cosmetic dental treatments in emerging economies like Mexico, India, South Korea, etc., back this growing trend. For instance, estimates indicate the cost of smile designing in the US is around $8000, whereas it is about $1000 in India. The rising virtual patient consultations or teledentistry has also boosted online (e-commerce) and offline (direct-to-consumer) sales of dental accessories like invisible aligners. Therefore, in retrospect, the growing need for low-cost and low turnaround time in dental treatments opens avenues for the clear aligners market.

 

FAQs:

Q1) In which age groups are clear aligners widely preferred?

Adults and teens are two major age groups opting for clear aligners technology.

Q2) What factors drive the clear aligners market?

The high prevalence of malocclusions, the advent of 3D printing and CAD/CAM technology, and customization drive the clear aligners market.

[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…

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Orthopedic Devices Market: Drivers, Challenges, and Opportunities

The global orthopedic devices market is on a trajectory of robust growth, anticipated to soar to a staggering USD 80.28 billion by 2030, with a healthy Compound Annual Growth Rate (CAGR) of 4.5%. This surge underscores the evolving healthcare landscape and societal trends influencing the industry. Let's delve deeper into the key drivers, challenges, and exciting opportunities shaping this dynamic market.

Key Market Drivers:

Several key drivers are fueling the growth of the orthopedic devices market:

Aging Population: The global population is aging, leading to an increased incidence of musculoskeletal conditions such as osteoarthritis and osteoporosis. This demographic trend is driving demand for orthopedic procedures and devices aimed at restoring mobility and improving quality of life for seniors.

Technological Advancements: Innovations in orthopedic technology, such as minimally invasive surgical techniques, 3D printing, and advanced biomaterials, are improving patient outcomes and expanding the range of treatment options available to orthopedic patients.

Rise in Sports-Related Injuries: The growing popularity of sports and fitness activities has led to an increase in sports-related injuries, including fractures, ligament tears, and cartilage damage. This trend is driving demand for orthopedic implants and devices designed to support athletes' recovery and rehabilitation.

Challenges and Opportunities:

Despite the promising growth prospects, the orthopedic devices market faces several challenges:

High Cost of Treatment: Orthopedic procedures and devices can be expensive, limiting access to care for some patients, particularly in developing countries with limited healthcare resources.

Regulatory Hurdles: Stringent regulatory requirements can pose challenges for companies seeking to bring new orthopedic products to market, leading to delays in product launches and increased development costs.

Competition from Non-Invasive Treatments: Non-invasive treatments such as physical therapy, bracing, and medication present alternatives to surgery for some orthopedic conditions, posing a competitive threat to traditional orthopedic devices.

Despite these challenges, the orthopedic devices market presents significant opportunities for growth and innovation:

Emerging Markets: Developing countries with expanding healthcare infrastructure and rising disposable incomes represent untapped markets for orthopedic device manufacturers, offering opportunities for expansion and market penetration.

Personalized Medicine: Advances in personalized medicine, including 3D-printed implants and patient-specific treatment plans, have the potential to revolutionize orthopedic care by tailoring treatments to individual patient needs and preferences.

Technological Integration: The integration of technology into orthopedic devices, such as sensors and wearable devices for remote monitoring, presents opportunities to improve patient outcomes and enhance the efficiency of orthopedic care delivery.

Conclusion:

In conclusion, the orthopedic devices market is poised for significant growth in the coming years, driven by demographic trends, technological advancements, and the increasing prevalence of musculoskeletal conditions. While the market faces challenges such as high treatment costs and regulatory hurdles, there are ample opportunities for innovation and expansion, particularly in emerging markets and personalized medicine. By addressing these challenges and leveraging emerging opportunities, orthopedic device manufacturers can position themselves for success in this dynamic and rapidly evolving market landscape.

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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.

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 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.

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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.

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Navigating the Orthopedic Braces and Support Casting Market

Alright, brace yourselves (pun intended), because we’re diving into the wild world of orthopedic braces and support casting. Grab a seat — this isn’t your typical snooze-fest market report. We’re about to take a sassy stroll through the Global Orthopedic Braces and Support Casting and Splints Market. Spoiler alert: it’s more exciting than a cat video on the internet.

Orthopedic Braces: More Than Just Grandpa’s Gear

So, the market’s been doing a little cha-cha, strutting from a casual USD 6995.3 million in 2021 to a whopping USD 12246.14 million by 2030 — that’s a sizzling 6.5% CAGR. Blame it on the aging population, sports injuries, or maybe just the sudden urge to strut your stuff without the fear of joint protests.

Market Snapshot: Where the Cool Kids Hang Out

Rockstar Players: Spencer Italia S.r.l., 3M Company, Bauerfeind AG, Stryker Corporation — these names are like the Beyoncé and Jay-Z of orthopedic support. Move over, music industry!

Regional Rumble: North America and Europe are flexing their healthcare muscles, but guess who’s the new kid on the block? Asia-Pacific is the cool party crasher, showing off some serious growth potential.

Material Madness: Metal-based braces, fabric-based braces, and thermoplastic-based splints are having a showdown. It’s like a fashion face-off, but for orthopedic support. Who knew joints could be so chic?

Market Trends: Where Fashion Meets Function

Personalized Orthopedic Bling: Forget one-size-fits-all; it’s the era of personalized orthopedic braces! With 3D printing and digital imaging, it’s like getting a tailored suit for your joints. Suave.

Material Innovation: Thermoplastic-based splints are the divas of the market, offering lightweight alternatives with excellent moldability. And fabric-based braces? They’re the rising stars, combining comfort with runway-worthy style.

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Market Dynamics: The Rollercoaster Ride

Heroes and MVPs: Aging global population, sports-related injuries, and technological advancements are the MVPs. Avengers, assemble! Orthopedic style.

Villains and Challenges: Stringent regulations and the high cost of advanced materials are the villains. Every hero needs a nemesis, right?

Competitive Landscape: Brace Yourself for the Battle

Heavyweight Champions: Spencer Italia S.r.l., 3M Company, Bauerfeind AG — these are the heavyweights, making moves with strategic initiatives and innovative products. It’s like a chess game, but with orthopedic devices.

Recent Drama: Enovis acquires LimaCorporate S.p.A. for a whopping USD 850 million — the orthopedic support market has more drama than a reality show.

Key Market Trends: Because Trends Make the World Go ‘Round

Personalized Solutions: It’s not just about support; it’s about personalization. 3D printing, advanced materials — the market is on a quest for the perfect fit. Cinderella would be proud.

ABIRAW Insights: Sounds fancy, right? ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is the Sherlock Holmes of market analysis, revealing dynamic trends and challenges.

The Final Word

So, there you have it — the snarky guide to the Global Orthopedic Braces and Support Casting and Splints Market. It’s a jungle out there, but with personalized orthopedic bling and innovative materials, your joints are in for a treat. Stay braced, stay supported, and keep it sassy! Because who said market reports have to be a bore?

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