Orthopedic Braces & Supports Market 2017-2018 & 2025: Demand for Higher Quality Products are Likely to Propel the Growth of the Market
DUBLIN, Dec. 18, 2018
DUBLIN, Dec. 18, 2018 /PRNewswire/ --
The "Orthopedic Braces & Supports Market to 2025 - Global Analysis and Forecasts by Product, Application, and Geography" report has been added to ResearchAndMarkets.com's offering.
In the report the orthopedic braces and supports market, the market is expected to reach US$ $ 5,429.3 Mn in 2025 from US$ 3,631.2 in 2017. The market is estimated to grow with a CAGR of 5.3% from 2018-2025.
The orthopedic braces and supports market is driven by the driving factor such as increase in the number of orthopedic surgeries, rise in the geriatric population, growing incidents of road accidents and increase in the awareness and adoption of orthopedic braces and supports are expected to boost the market over the years. The trend of demand for higher quality products are likely to propel the growth of the market.
The orthopedic braces and supports market as per the product the segment is segmented as knee, back & hip, shoulder, elbow, foot and ankle and spine. The market of knee segment has the highest market share in 2017, contributing to orthopedic braces and supports market is of 41.5% and is expected to retain its dominance during the forecast period from 2018 to 2025.
The availability of the design for the knee braces which includes knee strap, closed and open patella brace, hinged knee braces, knee sleeves, rehabilitative braces, prophylactic braces, wraparound braces and unloader braces provides various options for the user. Similarly, the shoulder segment contributed 19.1% of the market share in the year 2017 and is expected to be the fastest growing market in the coming forecast period.
The application segment of the orthopedic braces and supports market includes ligament injury, osteoarthritis, preventive care, cold bracing and others. The application segment for the orthopedic braces and supports market was valued at US$ 3,631.2 Mn in 2017 and is estimated to reach US$ 5,429.3 Mn by 2025.
The ligament injury segments is likely to dominate the market in the coming future owing to features offered by the different market players for the patients for their comfort and the braces are preferred as the non-surgical treatments for the ligaments injuries. The osteoarthritis segments are the fastest growing segment in the test type and is expected to be the fastest growing segment in the forecast period owing to the increase in the geriatric population which shows the damages of their knees and the increase in the numbers of osteoarthritis cases due to obesity are likely to propel the growth of the orthopedic braces and supports market.
Key Topics Covered:
1.1 Scope Of The Study
1.2 Research Report Guidance
2. Global Orthopedic Braces And Supports Market - Key Takeaways
3. Global Orthopedic Braces And Supports Market - Market Landscape
3.2 Market Segmentation
4. Global Orthopedic Braces And Supports Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increase In The Number Of Orthopaedic Surgeries
4.1.2 Rise In The Geriatric Population
4.1.3 Growing Incidents Of Road Accidents
4.1.4 Increase In The Awareness And Adoption Of Orthopaedic Braces And Supports.
4.2 Key Market Opportunities
4.2.1 High Market Potential In Developing Nations
4.2.2 Obesity, Chronic Disease And Osteoarthritis On The Rise
4.3 Future Trends
4.3.1 Demand For Higher Quality Products
4.4 Impact Analysis
5. Orthopedic Braces And Supports Market - Global Analysis
5.1 Global Orthopedic Braces And Supports Market Revenue Forecasts And Analysis
5.2 Global Orthopedic Braces And Supports Market, By Geography - Forecasts And Analysis
5.3 Performance Of Key Players
5.3.1 Djo Global
5.3.2 Zimmer Biomet
5.4 Expert Opinions
6. Global Orthopedic Braces And Supports Market Analysis - By Product
6.2 Global Orthopedic Braces And Supports Market, By Product, 2017 & 2025 (%)
6.3 Knee Market
6.4 Back & Hip Market
6.5 Shoulder Market
6.6 Elbow Market
6.7 Foot And Ankle Market
6.8 Spine Market
7. Global Orthopedic Braces And Supports Market Analysis - By Application
7.2 Global Orthopedic Braces And Supports Market, By Application, 2017 & 2025 (%)
7.3 Ligament Injury Market
7.4 Osteoarthritis Market
7.5 Preventive Care Market
7.6 Cold Bracing Market
7.7 Others Market
8. North America Orthopedic Braces And Supports Market Revenue And Forecasts To 2025
9. Europe Orthopedic Braces And Support Market Revenue And Forecasts To 2025
10. Asia-Pacific Orthopedic Braces And Supports Market Revenue And Forecasts To 2025
11. Middle East & Africa Orthopedic Braces And Supports Market Revenue And Forecasts To 2025
12. South And Central America Orthopedic Braces And Supports Market Revenue And Forecasts To 2025
13. Orthopedic Braces And Supports Market, Key Company Profiles
- DJO Global
- Zimmer Biomet
- Ossur Corporate
- Breg Inc.
- BSN medical,
- DeRoyal Industries, Inc.
- ALCARE Co.Ltd
For more information about this report visit https://www.researchandmarkets.com/research/sv2kwm/orthopedic_braces?w=5
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