The global Orthopedic Braces & Supports market garnered revenue around USD 3.3 Billion in 2020 and projected to reach USD 4.7 Billion in 2027, with at a compound annual growth rate (CAGR) of 6.1% throughout the estimate period from 2020 to 2027. Growth in the orthopedic braces and supports market is driven primarily by the increasing prevalence of orthopedic diseases & disorders, continuous product commercialization, greater product affordability and market availability, rising number of sports and accident-related injuries, and growing public awareness related to preventive care.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Orthopedic Braces & Supports market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Orthopedic Braces & Supports market growth.
The global Orthopedic Braces & Supports market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Breg, Inc. (US), DJO Finance LLC (US), Bauerfeind AG (Germany), DeRoyal Industries, Inc. (US), and Össur Hf (Iceland) are the top five players in the global orthopedic braces and supports market. Other prominent players operating in this market include Oppo Medical, Inc. (US), Zimmer Biomet Holdings, Inc. (US), Ottobock Holding GmbH & Co. KG (Germany), Bird & Cronin, Inc. (US), Remington Products Company (US), 3M Company (US), medi GmbH & Co. KG (Germany), BSN medical (Germany), Thuasne Group (France), Becker Orthopedic (US), and Trulife (Ireland).
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
By Product
- Ankle Braces and Supports
- Foot Walkers and Orthoses
- Hip, Back, & Spine Braces and Supports
- Neck & Cervical Spine Braces and Supports
- Lower 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
By Type
- Soft & Elastic Braces and Supports
- Hinged Braces and Supports
- Hard Braces and Supports
By Application
- Preventive Care
- Ligament Injury
- Anterior Cruciate Ligament Injury
- Lateral Collateral Ligament Injury
- Other Ligament Injuries
- Post-operative Rehabilitation
- Osteoarthritis
- Compression Therapy
- Other Indications
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of EU
Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Rest of Central & South America
Middle East and Africa
- UAE
- Saudi Arabia
- Rest of MEA
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