Orthopedic braces and supports are used to protect and correct the injuries in different part of the body. They are widely used by patient during the phase of recovery. Soft& elastic braces &supports, hinged braces and supports and hard& rigid braces and supports are some of the common type of the orthopedic braces and supports. There main function is to improve the function of the affected bones and muscles. There are different orthopedic braces and supports for knees, elbows, ankle, backs and wrist. They play very important part during the healing process as they keep the injured part stable and comfortable. They are very useful as they help the injured body part to function properly and reduce the pain.
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Some of the factors accelerating the growth of this market are:
Few of the acquisitions and launches in the market are as follow:
The global orthopedic braces and supports market is segmented on the basis of type as soft & elastic braces and supports, hard & rigid braces and supports, hinged braces and supports; product type is segmented as upper extremity, lower limb neck and spine, pelvis-hip-femura; end-user is segmented as hospitals, clinics, home healthcare and others and distribution channel is segmented as orthopedic clinics, hospitals, over the counter (otc), e-commerce, and prescription.
“According to Data Bridge Market Research, global orthopedic braces and supports market is estimated to reach USD 6.8 billion by 2026 registering a substantial CAGR in the forecast period of 2019- 2026”
Few of the major market competitors currently working in the global orthopedic braces and supports market are DJO global, Zimmer Biomet, Medtronic, Smith and Nephew, Stryker, Össur, NuVasive®, Inc., Integra LifeSciences, Globus Medical Inc., DePuy Synthes, Ottobock., AC Mould Engineering Limited, Johnson & Johnson Services, Inc., Weber Orthopedic Inc., BSN medical, Inc., Becker Orthopedic, OPPO Medical Inc., Langer Biomechanics, McDavid Inc., Frank Stubbs Company Inc., DeRoyal Industries, Inc., Ascent Meditech Limited, Alcare Co., Ltd., among others
Orthopedic braces and supports are very beneficial for the patients as it help them to heal their injured part faster and without any pain. These are suitable for every musculoskeletal issues and also correct the position, protect and stabilize the different part of the body; which creating new opportunities for the market. With the availability of different and more comfortable braces and supports; people are opting these more easily which is further expanding the market growth.
Global Orthopedic Braces Market – Industry Trends and Forecast to 2026