According to the most recent analysis by Emergen Research, the worldwide orthopaedic braces and supports market had a value of USD 4.02 billion in 2021 and is anticipated to grow at a rate of 6.4% during the projected period. Rapid technological product development in terms of material and model design of orthopaedic braces and supports, as well as the rising frequency of musculoskeletal illnesses, are key factors fueling the market's revenue growth. Additionally, it is anticipated that rising rates of sports-related accidents and injuries will considerably fuel market revenue development.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Orthopedic Braces and Supports market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Orthopedic Braces and Supports market landscape.
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Key companies operating in the Orthopedic Braces and Supports market include:
Breg, Inc., Bauerfeind AG, Becker Orthopedic, Ottobock Holding GmbH, Össur., Zimmer Biomet Holdings, Inc., Globus Medical, 3M, and DJOGLOBAL, LLC
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Orthopedic Braces and Supports market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Orthopedic Braces and Supports Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Orthopedic Braces and Supports Market Segmentation:
-
Product Outlook (Revenue, USD Billion; 2019-2030)
- Knee Braces and Supports
- Ankle Braces and Supports
- Foot Walkers and Orthoses
- Hip, Back, and Spine Braces and Supports
- Shoulder Braces and Supports
- Elbow Braces and Supports
- Hand & Wrist Braces and Supports
- Facial Braces and Supports
-
Material Type Outlook (Revenue, USD Billion; 2019-2030)
- Soft & Elastic Braces and Supports
- Hard Braces and Supports
- Hinged Braces and Supports
-
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals
- Orthopedic Clinics
- E-Commerce Platforms
Orthopedic Braces and Supports Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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