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(Medical-NewsWire.com, October 23, 2017 ) Orthopedics Braces and Support Market is expected to experience a moderate growth in coming years between 2017 and 2025. The market is expected to become $5.89 billion by 2025 at a growing CAGR of 5.12%. Orthopedic braces and support devices are mainly used to strengthen and support joints and muscle. These are used in cases ofprophylaxis of injury and patient care settings, right from the emergency room through the hospitalization period to rehabilitation and post care. Increasing geriatric population, rising awareness about the orthopedic support systems among people, increasing co-morbid conditions leading to orthopedic diseases and increasing cases of road accidents, will be the major drivers of orthopedic braces and support market over the forecast period. Orthopedic disorders are a common phenomenon among the geriatric population across the globe. In addition, increasing incidence of road accidents has also contributed to the market growth to a large extent. For instance, as per National Highway Traffic Safety Administration, in US, the cases of road accidents have increased more than 7.5% in 2015.
Major Key Player
Bauerfeind AG
McDavid Knee Guard Inc.
DeRoyal Industries
Allcare
Breg Inc
Otto Bock Healthcare GmbH
Össur Corporate
Frank Stubbs Co. Inc.
FLA Orthopedics Inc.
DJO Global Inc.
BSN Medical.
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Orthopedic Braces and Support Market Segmentation:
By Product
• Upper Extremity Braces & Supports
o Shoulder Supports
o Wrist & Hand Supports
• Spinal Orthoses
• Foot and Ankle Braces & Supports
o Soft Braces
o Hinged Braces
• Knee Braces & Supports
o Knee Braces for Osteoarthritis and Ligament Injuries
o Post-operational Knee Braces
By End User
• Hospitals
• Orthopedic Clinics
• Over the Counter
By Region
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Table of Contents :
1. Introduction
2. Executive Summary
3. Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Increasing cases of road accidents and Injuries
3.3.1.2.Increasing Geriatric Population and cases of orthopedic disorders
3.3.1.3.Changing Lifestyles and Increasing Adoption
3.3.2. Restraints
3.3.2.1.Clashes Between Healthcare Companies and Players of the Market
3.3.2.2.Availability of Alternative Treatment
3.3.2.3.Non-Availability Of Customization Options For Over the Counter (OTC) orthopedic braces and systems
3.3.3. Opportunities
3.3.3.1.Emerging Markets to Offer Lucrative Growth Opportunities
3.4.Industry Trends
4. Orthopedic Braces and Support Market, By Product
5. Orthopedic Braces and Support Market, By Application
6. Orthopedic Braces and Support Market, By Region
7. Company Profiles
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