Global Orthopedic Braces and Supports Market - Industry Trends and Forecast to 2026

  • Orthopedic Devices
  • Upcoming Report
  • May 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global 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), End-User (Hospitals, Clinics, Home Healthcare and Others), Distribution Channel (Orthopedic Clinics, Hospitals, Over the Counter (OTC), E-Commerce, Prescription), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Orthopedic Braces and Supports Market

Global orthopedic braces and supports market is estimated to reach USD 6.8 billion by 2026 registering a substantial CAGR of 6.6%. The increased awareness of public about preventive care, affordability of products and growth in the sector are major key drivers of the market.

Market Definition: Global Orthopedic Braces and Supports Market

Orthopedic braces and supports are the devices or product made to support the body parts after injury as well as they also provide prevention from the injury. It support, protect, stabilize, support, and correct the injury. They also provide alignment on abnormal injury through rehabilitation and recovery.

Market Drivers

  • The increased awareness of public about preventive care
  • Affordable products with greater availability
  • Rising sport industry sector
  • Increased number of accidental injuries

Market Restraint

  • Innovative surgeries are major restrain to the orthopedic device sector
  • Unawareness regarding the new orthopedic braces and support

Segmentation: Global Orthopedic Braces and Supports Market

By Type

  • Soft & Elastic Braces and Supports
  • Hard & Rigid Braces and Supports
  • Hinged Braces and Supports

By Product Type

  • Upper Extremity

    • Elbow And Forearm
    • Wrist-Hand
    • Shoulders

  • Lower Extremity

    • Ankle and foot
    • Knee-Tibia

  • Spine And Neck

    • Head-Cervical Spine
    • Thoracic Spine-Thorax
    • Lumbar Spine

  • Pelvis-Hip And Femur
  • Braces And Supports

    • Full time

      • Milwaukee Brace
      • Boston Brace
      • Wilmington Brace

    • Night Time

      • Charleston bending brace
      • Providence Brace
      • Cervical spine brace

        • Halo Ring
        • Crowns
        • Vest

By Application

  • Injury Rehabilitation
  • Injury Prevention
  • Osteoarthritis Care
  • Post-Operative Care
  • Others

By End User

  • Hospitals
  • Clinics
  • Home Health Care
  • Other

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In February 2019, Colfax Corporation acquired the DJO Global Inc. completely. The DJO is well known brand for providing Orthopedic Continuum of Care. This acquisition will help Colfax Corporation company to get consistent, growing cash flows for compounding value creation
  • In February 2018, Breg, Inc. provider of premium, high-value sports medicine products and services for orthopedic care launched new solution brand. Breg Impact™ brand will deliver customized, yet proven DME/bracing programs at 470 healthcare facilities and 2,400 outsourced inventory locations

Competitive Analysis: Global Orthopedic Braces and Supports Market

The global orthopedic braces and supports market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of orthopedic braces and supports market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Orthopedic Braces and Supports Market

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

Research Methodology: Global Orthopedic Braces and Supports Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global orthopedic braces and supports market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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