Braces Market Size, Scope, Demand, Key Players, Restraints, & Forecast Analysis & Booming Growth , Industry Experts 2022-2028

 
Orthopaedic braces market will exhibit a CAGR of around 5.72% for the forecast period till 2028 North America dominates the orthopaedic braces market owing to the rising prevalence of orthopaedic conditions and favourable reimbursement scenario in this region. The geriatric population is considered as one of the highest contributors to the demand for orthopedic braces and support. This population is highly susceptible to musculoskeletal disorders. Bones and connecting tissues, such as ligaments and cartilages, naturally weaken with growing age. This poses a high risk for muscle injury mainly in the knees and shoulders of the elderly.
This further stiffens the joints, which raises the need for braces and supports to improve mobility. ACL sprains and tears are the other commonly affecting conditions affecting people involved in high-demand activities such as football, gymnastics, soccer, downhill skiing, and basketball. As movement restrictions were eased, injuries due to the potential impact of detraining emerged as a key contributing factor to ACL injuries.
 
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Rising number of orthopedic diseases worldwide has resulted in higher acceptance of orthopedic products, and commercialization of treatment procedures. The fast-growing sports industry sector, along with soaring number of accidental injuries, and hiking sales of online and off-the-shelf products are other factors expected to boost the market expansion.
 Orthopedic braces are primarily medical devices that are designed to address musculoskeletal issues, including properly aligning, correcting the position, and protecting the muscles, joints, and bones while healing from injury or trauma. They are increasingly preferred over other invasive treatments as they are less painful and assist in quick recovery while limiting the incidences of post-surgical complications. The industry size from lower extremity braces and supports segment, based on products, will substantially expand through 2029. The knee braces and supports subsegment will grow exponentially with booming elderly population and presence of favorable remuneration frameworks across developed countries. The rising number of sports injuries along with increasing cases of knee and ankle-related injuries has led to the growing adoption of knee braces in the follow-up treatment post knee surgeries. Increasing product penetration to offer relief to individuals suffering from arthritis is a key trend fostering market progression.
 
This research report categorizes the orthopedic braces and supports market based on product, type, application, distribution channel and region.
By Product

• Knee Braces and Supports

• Ankle Braces and Supports

• Foot Walkers and Orthoses

• Hip, Back, And Spine Braces and Supports

• Neck & Cervical Spine Braces and Supports

• Lower Spine 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

• Hard Braces and Supports

• Hinged 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 Applications*

By Distribution Channel

• Hospitals and Surgical Centres

• Orthopedic Clinics

• Pharmacies & Retailers

• E-commerce platforms

• Other End Users*

 
The major players covered in the global orthopaedic braces market report are 3M, ALCARE Co., Ltd., Bauerfeind USA Inc., Essity Aktiebolag, Bird & Cronin, Breg, Inc., DJO, LLC, DeRoyal Industries, Inc., medi Deutschland, Össur, OTTOBOCK, Spectrum Brands, Inc., Ascent Meditech Limited, Frank Stubbs Company Inc., OPPO MEDICAL INC., ReWalk Robotics, Trulife, Zimmer Biomet and Becker Orthopedic 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.
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Major toc of the report
Ø  Chapter One: Introduction
Ø  Chapter Two: Market Segmentation
Ø  Chapter Three: Market Overview
Ø  Chapter Four: Executive Summary
Ø  Chapter Five: Premium Insights
 
TOC Details  https://www.databridgemarketresearch.com/toc/?dbmr=global-orthopedic-braces-market
Profound Questions Answered in this Report:
·        What is the growth rate of various stages in the value chain of the industry?
·        Which region has the highest growth rate and size of the emerging market by value in 2021?
·        Who are the competitive players in Orthopaedic Braces Market?
·        Which region has the largest share and degree of competition in the industry?
·        What is the CAGR of the market during the forecast period 2021 to 2028?
·        Which region is expected to hold the highest market share for the market?
·        What is the main driver of Orthopaedic Braces Market
·        What is sales volume, revenue, and price analysis of top players of the market?
·        What are the market opportunities and threats faced by the vendors in the industry?
·        What has been the impact of COVID-19 on the Orthopaedic Braces Market?
 
 
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