Global Orthopedic Braces and Supports Market By Product (Knee Braces & supports, Foot & Ankle Braces and Supports, Spinal Orthoses, Upper Extremity Braces and Supports, Leg Walkers), By End-User(Orthopedic Clinics and Hospitals), By Geography (North America, Europe, Asia-Pacific, Rest Of The World)
The global orthopedic braces and supports market is driven by the rising population of geriatric population globally. Some of the major healthcare condition driving this market is osteoarthritis, sports injuries, other traumatic wounds, orthopedic surgeries, obesity and osteoporosis. Manufacturers and suppliers developing and promoting braces and supports for prophylactic and performance-enhancing products are expected to fueling the market revenue. A new trend of increasing sales of orthopedic braces and supports via e-commerce is expected to become the biggest sales channel for these devices by 2025. Also stock and bill programs allow manufacturers to bill insurers directly another positive factor for this markets growth.
Some of the major players operating in this market are DJO Global, Ossur Corporate, Bauerfeind AG, Breg, Inc., BSN Medical GmbH, DeRoyal Industries, Inc., Otto Bock Healthcare GmbH, Alcare Company Ltd., Oppo Medical, Trulife among other vernacular Players, DJO Global dominates the market with 18.2% market share globally.
For free sample of the report
Europe Orthopedic Braces and Supports Market - Trends and Forecast to 2027
Asia-Pacific (APAC) Orthopedic Braces and Supports Market - Trends and Forecast to 2024
Global Orthopedic Braces and Supports Market - Industry Trends and Forecast to 2026
North America Orthopedic Braces and Supports Market – Industry Trends and Forecast to 2027
Data Bridge Published new market report on Orthopedic Braces and Supports Market - Analysis and Forecast to 2020
Europe Orthopedic Braces and Supports Market is Poised to Grow at 7.3%
Global Orthopedic Braces And Supports Market is Expected to Grow at CAGR 6.6% from 2017 to 2024
Orthopedic Braces and Supports Market to grow at a CAGR of 6.6% due to increasing sports related injury