Global Orthopedic Braces and Supports Market Industry Analysis, Growth and Forecast, 2017 - 2024


Posted August 24, 2018 by kunalraut

Global Orthopedic Braces and Supports Market is expected to reach USD 5.91 billion by 2024 from USD 3.62 billion in 2016, at a CAGR of 6.6% in the forecast period 2017 to 2024.

 
Market Analysis:
Global Orthopedic Braces and Supports Market is expected to reach USD 5.91 billion by 2024 from USD 3.62 billion in 2016, at a CAGR of 6.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Orthopedic Braces and Supports Market
By Product Type
• Knee Braces & supports,
• Foot & Ankle Braces And Supports,
• Spinal Orthoses,
• Upper Extremity Braces and Supports,
• Leg Walkers
The global orthopedic braces and supports market is driven by the rising population of geriatric population globally. Some of the major healthcare condition driving this market is osteoarthritis, sports injuries, other traumatic wounds, orthopedic surgeries, obesity and osteoporosis. Manufacturers and suppliers developing and promoting braces and supports for prophylactic and performance-enhancing products are expected to fueling the market revenue. A new trend of increasing sales of orthopedic braces and supports via e-commerce is expected to become the biggest sales channel for these devices by 2025. Also stock and bill programs allow manufacturers to bill insurers directly another positive factor for this markets growth.

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By End-User
• Hospitals,
• Clinics,
• Home Healthcare
• By Distribution Channel
• Orthopedic Clinics,
• Hospitals,
• Over The Counter (OTC),
• E-Commerce,
• Prescription
By Geography
• North America,
• Europe,
• Asia Pacific,
• Latin,
• America,
• MEA (Middle East & Africa)
Some of the Major Players:
• DJO Global,
• Ossur Corporate,
• Bauerfeind AG,
• Breg, Inc.,
• BSN Medical GmbH,
• DeRoyal Industries, Inc.,
• Otto Bock Healthcare GmbH,
• Alcare Company Ltd.,
• Oppo Medical,
• Trulife
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Tags orthopedic braces and supports market industry analysis , orthopedic braces and supports market research , orthopedic braces and supports market size , orthopedic braces and supports market , orthopedic braces and supports
Last Updated August 24, 2018