Europe Orthopaedic Braces and Supports Market, By Product (Ankle Braces and Supports, Foot Walkers and Orthoses, Hip, Back, and Spine Braces and Supports, Knee Braces and Supports, Shoulder Braces and Supports, Elbow Braces and Supports, Hand/Wrist Braces and Supports, Facial Braces and Supports), Type (Soft and Elastic Braces, Hinged Braces, Hard Braces), Application (Preventive Care, Ligament Injury, Post-Operative Rehabilitation, Osteoarthritis, Compression Therapy, Others), Distribution Channel (Orthopaedic Clinics, Retail Pharmacies, Others) Country (Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the orthopaedic braces and supports market to be grow at a CAGR of 5.5% in the forecast period of 2021-2028.
Braces and supports are orthopaedic equipment that are used externally for holding, aligning, correcting and supporting certain parts of the body while healing from an injury. They are manufactured using specialized materials with intelligent designs that offer intense targeted support to the spine, knee, foot, upper elbow, ankle, shoulder, hip and other body parts. Braces and supports also aid in safeguarding joints after surgeries and offer a sense of mobility to patients suffering from musculoskeletal problems.
The rise in the prevalence of orthopaedic disorders is the significant factor responsible for driving the growth of the orthopaedic braces and supports market. Additionally, an upsurge in the adoption rate of orthopaedic products and commercialization of orthopaedic therapy will act as major drivers influencing the market's overall growth. Similarly, growing public awareness about the prevention of orthopaedic problems, the rise in the number of sports and accident-related injuries and creative tactics for promoting and branding orthopaedic surgery and products will cushion the market growth rate.
Moreover, the increase in the sale of off-the-shelf and online products and promotion and branding initiatives taken by major product manufacturers will generate profitable opportunities for the orthopaedic braces and supports market.
However, minimum patient qualification for orthopaedic treatment and limited clinical indications associated with therapeutic efficacy of orthopaedic braces will act as market restraints and obstruct the market’s growth rate. The growing preferences for pain medications in place of orthopaedic braces might further challenge the growth market.
This orthopaedic 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, geographic expansions, technological innovations in the market. To gain more info on orthopaedic 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.
Europe Orthopaedic Braces and Supports Market Scope and Market Size
The orthopaedic braces and supports market is segmented on the basis of product, type, application 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.
- On the basis of product, the orthopaedic braces and supports market is segmented into ankle braces and supports, foot walkers and orthoses, hip, back, and spine braces and supports, knee braces and supports, shoulder braces and supports, elbow braces and supports, hand/wrist braces and supports, and facial braces and supports.
- On the basis of type, the orthopaedic braces and supports market is segmented into soft and elastic braces, hinged braces, and hard braces.
- On the basis of application, the orthopaedic braces and supports market is segmented into preventive care, ligament injury, post-operative rehabilitation, osteoarthritis, compression therapy, and others.
- On the basis of distribution channel, the orthopaedic braces and supports market is segmented into orthopaedic clinics, retail pharmacies and others.
Orthopaedic Braces and Supports Market Country Level Analysis
Orthopaedic braces and supports market is analysed and market size insights and trends are provided by country, product, type, application and distribution channel as referenced above.
The countries covered in the orthopaedic braces and supports market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
The country section of the orthopaedic 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 Europe 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.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The orthopaedic braces and supports market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for orthopaedic braces and supports market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on orthopaedic braces and supports market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Orthopaedic Braces and Supports Market Share Analysis
Orthopaedic 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, Europe 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 orthopaedic braces and supports market.
The major players covered in the orthopaedic braces and supports market report are Bauerfeind, OTTOBOCK, Medi GmbH & Co. KG, BSN Medical, Thuasne USA, 3M, Zimmer Biomet Holdings, Inc., DJO Global, Inc., Ossur Corporate, De Royal Industries Inc., Alcare Diagnostic Research Center Pvt. Ltd., OPPO MEDICAL INC., TRULIFE among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.