Asia-Pacific Orthopedic Braces and Supports Market By Type (Soft & Elastic Braces and Supports, Hard & Rigid Braces and Supports, Hinged Braces and Supports), Product Type (Upper Extremity, Lower Limb Neck and Spine, Pelvis-Hip-Femur), Application (Preventive Care, Ligament Injury, Post-Operative Rehabilitation, Osteoarthritis, Compression Therapy, Other), End User (Hospitals, Clinics, Home Healthcare and Others), Distribution Channel (Orthopedic Clinics, Hospitals, Over the Counter (OTC), E-Commerce, Prescription), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific) Industry Trends and Forecast to 2027
Market Analysis and Insights: Asia-Pacific Orthopedic Braces and Supports Market
Orthopedic braces and supports market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 1.28 billion by 2027 growing with a CAGR of 5.75% in the above-mentioned forecast period. The growing prevalence of orthopaedic diseases and disorders will help in driving the growth of the orthopedic braces and supports market.
Continuous product commercialization, greater product affordability and market availability, rising number of sports and accident-related injuries will likely to accelerate the growth of the orthopedic braces and supports market in the forecast period of 2020-2027. On the other hand, promotion and branding initiatives undertaken by major product will further boost various opportunities that will lead to the growth of the orthopedic braces and supports market in the above mentioned forecast period.
Limited clinical evidence to support the therapeutic efficacy of orthopedic braces and limited patient qualification for bracing-mediated orthopedic treatment will likely to hamper the growth of the orthopedic braces and supports market in the above mentioned forecast period.
The significant adoption of pain medications is going to be a challenge for the market.
This orthopedic braces and supports market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on orthopedic braces and supports market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Orthopedic Braces and Supports Market Scope and Market Size
Orthopedic braces and supports market is segmented on the basis of type, product type, application, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the orthopedic braces and supports market is segmented into soft & elastic braces and supports, hard & rigid braces and supports and hinged braces and supports
- On the basis of product type, the orthopedic braces and supports market is segmented into upper extremity, lower limb neck and spine and pelvis-hip-femur. The upper extremity is further sub-segmented into elbow and forearm, wrist-hand and shoulders. The lower extremity is further sub-segmented into foot and ankle and knee-tibia. The spine and neck is further sub-segmented into head-cervical spine, thoracic spine-thorax and lumbar spine. The braces and support is further sub-segmented into milwaukee brace, boston brace, wilmington brace, charleston bending brace, providence brace and cervical spine brace.
- Based on application, the orthopedic braces and supports market is segmented into preventive care, ligament injury, post-operative rehabilitation, osteoarthritis, compression therapy and other
- Orthopedic braces and supports market has also been segmented based on the end user into hospitals, clinics, home healthcare and others
- Based on distribution channel, the orthopedic braces and supports market is segmented into orthopedic clinics, hospitals, over the counter (OTC), e-commerce and prescription
Orthopedic Braces and Supports Market Country Level Analysis
Orthopedic braces and supports market is analysed and market size insights and trends are provided by country, type, product type, application, end user and distribution channel as referenced above.
The countries covered in the orthopedic braces and supports market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to China has a huge base of geriatric population driving the product demand. Japan is also a significant contributor of the market owing to the presence of advanced manufacturing facilities and technologies.
The country section of the orthopedic braces and supports market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Orthopedic Braces and Supports Market Share Analysis
Orthopedic braces and supports market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to orthopedic braces and supports market.
The major players covered in the orthopedic braces and supports market report 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 domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Asia-Pacific Orthopedic Braces and Supports Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.