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Overview of the Global Orthopedics Braces and Supports Industry
The Global Orthopedics Braces and Supports market is projected to experience substantial growth between 2024 and 2030, driven by digital transformation, innovation in service delivery, and expanding global demand. With a forecasted CAGR of 5.2% during the forecast period, i.e., 2024–30. This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.
Market Size & Forecast (2024–2030)
- Base Year:Â 2023
- Forecast Period: 2024–2030
- Estimated CAGR (2024–2030):  5.2%
Key Market Driver (What’s Driving Orthopedics Braces and Supports Sector Growth?)
Rising Prevalence of Orthopedic Diseases Boost the Market Growth – Orthopedic braces & supports serve as crucial tools in managing a diverse range of musculoskeletal conditions & injuries, offering stability, protection, and assistance to individuals across various situations. From aiding in post-operative recovery & rehabilitation to preventing injuries and managing chronic conditions like osteoarthritis, these devices play a pivotal role in enhancing overall musculoskeletal health.
By immobilizing injured joints, providing support to weakened areas, alleviating pain, and promoting proper alignment and function during daily activities or sports participation, orthopedic braces contribute significantly to improving the quality of life for individuals with musculoskeletal issues. With the prevalence of conditions like osteoporosis on the rise globally, the role of orthopedic braces becomes increasingly vital in addressing the growing burden of musculoskeletal disorders.
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Global Orthopedics Braces and Supports Industry Recent Development:
- 2024: Enovis Corporation acquired Lima Corporate SpA, an orthopedic implant solutions company. Lima's diverse portfolio of orthopedic medical devices, which includes braces among other products, further solidifies Enovis' position and expands its offerings in the orthopedic sector.
- 2023: OrthoPediatrics Corp. launched DF2 Brace to treat kids suffering from musculoskeletal injuries. Specifically targeting femur fracture fixation, this brace is intended for pediatric patients ranging from six months to five years of age.
Top Companies in the Orthopedics Braces and Supports Market
Here’s a snapshot of key players leading innovation and market share:
- Essity AB
- 3M Company
- Thuasne Group
- Ossur HF
- Zimmer Biomet
- Enovis Corporation
- OrthoPaediatrics Corporation
- Alcare Co. Ltd.
- Nippon Sigmax Co. Ltd.
- Medi GmbH & Co. Kg
- Trulife Group Ltd.
- Mueller Sports Medicine Inc.
- Becker Orthopedic
- Frank Stubbs Company Inc.
- Aspen Medical Products LLC
- Others
Includes SWOT analysis, revenue trends, partnerships, and product launches.
Factor Hinder Orthopedics Braces and Supports Industry Growth
Pervasive Use of Pain Medication Posing Challenge in the Market Growth – The widespread adoption of pain medication poses a significant obstacle to the expansion of the Orthopedic Braces Market as it has the potential to mask symptoms rather than address the underlying musculoskeletal issues. While pain medication offers temporary relief, it fails to offer a sustainable solution for managing orthopedic conditions or injuries. Consequently, individuals often resort to pain medications as a quick fix instead of exploring alternative treatments like orthopedic braces, which provide mechanical support & stability, and aid in rehabilitation.
Moreover, relying solely on pain medication delays or dissuades individuals from seeking appropriate orthopedic interventions, potentially worsening their conditions over time. Educating both healthcare providers and consumers about the advantages of orthopedic braces as complementary or primary treatment options alongside pain medications is essential for overcoming this challenge and promoting holistic orthopedic care.
Explore Our Comprehensive Study:Â https://www.marknteladvisors.com/research-library/orthopedics-braces-supports-market.html
Orthopedics Braces and Supports Market Segmentation Analysis
-By Product
- Knee Braces & Supports
- Ankle Braces & Supports
- Foot Walkers & Orthoses
- Hip, Back, and Spine Braces & Supports
- Shoulder Braces & Supports
- Elbow Braces & Supports
- Hand & Wrist Braces and Supports
- Facial Braces & Supports
The Hip, Back, and Spine Braces and Supports segment has rapidly grown within the Global Orthopedics Braces and Supports Market. Â
-By End Users
- Hospital & Surgical Centers
- Orthopedic Clinics
- Pharmacies & Retailers
- E-commerce Platforms
- DME Dealers
- Others
The Orthopedic Clinics segment has emerged as a dominant segment in the Orthopedic Braces and Supports Market, commanding a significant share of the revenue.
-By Type
- Soft & Elastic Braces and Supports- Market Size & Forecast 2019-2030F, USD Million
- Hard Braces & Supports- Market Size & Forecast 2019-2030F, USD Million
- Hinged Braces & Supports- Market Size & Forecast 2019-2030F, USD Million
-By Application
- Ligament Injury- Market Size & Forecast 2019-2030F, USD Million
- Preventive Care- Market Size & Forecast 2019-2030F, USD Million
- Postoperative Rehabilitation- Market Size & Forecast 2019-2030F, USD Million
- Osteoarthritis- Market Size & Forecast 2019-2030F, USD Million
- Compression Therapy- Market Size & Forecast 2019-2030F, USD Million
- Others- Market Size & Forecast 2019-2030F, USD Million
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is expected to maintain a significant market share in the Orthopedic Braces and Supports Market, driven by factors, such as the rising incidence of musculoskeletal disorders, orthopedic fractures, and an expanding geriatric population.
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Methodology Behind the Report
This research combines qualitative and quantitative methods, including:
- Expert interviews
- Proprietary forecasting models
- Financial and trade databases
- Government and institutional data
Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.
Frequently Asked Questions About the Orthopedics Braces and Supports Market
- What is the growth rate of the Orthopedics Braces and Supports market from 2024–2030?
- Which segment are expected to dominate market?
- Who are the top companies and what strategies being they using?
- What are the key risks and challenges in this industry?
- How can businesses prepare for future trends?
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 14.50+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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