According to this latest publication from Meticulous Research®, the global Orthopaedic Braces & Supports market is expected to register a CAGR of 4.2% to reach $4.44 billion by 2029. The rise in accidental injuries, the increasing geriatric population worldwide, and the growing prevalence of obesity and diabetes drive market growth. Additionally, rising healthcare expenditure and disposable income in countries such as India and China are expected to offer significant opportunities for the growth of this market.

Braces and supports are essential tools in the medical industry for treating and preventing various orthopedic conditions. They offer patients a range of benefits, including support, stability, and pain relief. These devices are designed to aid in the healing and rehabilitation process by providing assistance to affected joints and muscles.

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One of the primary uses of braces and supports is in post-injury recovery. They help to immobilize the affected area, limit movement, and reduce pressure and pain. By doing so, they facilitate the healing process and ensure the joint or muscle has adequate time to recover. Additionally, these devices are also used to prevent further injury by providing support and stability to the affected area, particularly during physical activity or sports.

Sports supports and orthopedic braces are particularly useful for athletes who are at a higher risk of injuries. For instance, knee braces are widely used for knee injuries, especially in sports like football and basketball, which put a lot of pressure on the joints. They help to stabilize the knee joint, alleviate pain, and prevent further injury. Similarly, ankle braces are commonly used in sports like soccer and basketball to prevent ankle sprains.

Braces and supports come in a variety of types, including soft, hard, and hinged braces. Soft braces are made from stretchy materials and offer a high level of flexibility, making them comfortable to wear for long periods. Hard braces, on the other hand, are more rigid and offer greater support and stability. Hinged braces combine the benefits of both soft and hard braces, providing both flexibility and support.

In conclusion, braces and supports are essential medical devices that offer a range of benefits to patients recovering from orthopedic injuries or illnesses. They provide support, stability, and pain relief and are particularly useful for athletes and people engaged in physical activity. With their wide variety of types and designs, braces and supports offer customized solutions to patients' unique needs.

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Based on application, the ligament injury segment is expected to account for the largest share of the global orthopedic braces & supports market in 2022. The large market share of this segment is attributed to the high number of accidents leading to ligament fractures, increasing youth participation in sports and athletic activities, and the rise in the cases of diabetes and obesity leading to the risk of osteoarthritis.

Based on distribution channel, the pharmacies and retailers’ segment is expected to account for the largest share of the global orthopedic braces & supports market in 2022. The large market share of this segment is attributed to the convenience and product range offered by pharmacies and retailers, awareness about the orthopedic braces and supports, and easy access to retailers.

Based on geography, North America is expected to account for the largest share of the global orthopedic braces & supports market in 2022, followed by Europe. However, Asia-Pacific is expected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the growing geriatric population, increasing cases of ligament injuries, government initiatives to manufacture products domestically, such as the Made in China 2025 initiative, and rising cases of diabetes, further increasing the risk of osteoarthritis.

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Orthopedic Braces & Supports Market, by Product
• Knee Braces & Supports
• Ankle Braces & Supports
• Foot Walkers & Orthoses
• Back, Hip, and Spine Braces & Supports
• Neck and Cervical Braces & Supports
• Shoulder Braces & Supports
• Elbow Braces & Supports
• Hand and Wrist Braces & Supports
• Facial Braces & Supports
Orthopedic Braces & Supports Market, by Application
• Ligament Injury
o Anterior Cruciate Ligament Injury
o Lateral Collateral Ligament Injury
• Preventive Care
• Post-operative Rehabilitation
• Osteoarthritis
• Compression Therapy
• Other Applications
Note: Other applications include musculoskeletal disorders, carpal tunnel syndrome, and occupational injuries
Orthopedic Braces & Supports Market, by Distribution Channel
• Orthopedic Clinics
• Hospitals
• Pharmacies & Retailers
• E-commerce Platforms
• Other Distribution Channels
Note: Other distribution channels include physiotherapy clinics and surgery centers

Key Players
The key players operating in the global orthopedic Braces and Supports market are Bauerfeind AG (Germany), Zimmer Biomet Holdings, Inc. (U.S.), 3M Company (U.S.), Össur hf. (Iceland), Breg, Inc. (U.S.), Enovis Corporation (U.S.), Bird & Cronin, LLC (U.S.), DeRoyal Industries, Inc. (U.S.), Essity Aktiebolag (publ) (Sweden), and Ottobock SE & Co. KGaA (Germany).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/orthopedic-braces-and-supports-market-5355

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