250 Pages Orthopedic Braces and Support System Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
According to Fact MR’s recent market research, sales of Orthopedic Braces and Support System to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.
Focus on improving overall patient care will remain a chief growth driver. Besides this, Orthopedic Braces and Support System market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Orthopedic Braces and Support System market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Orthopedic Braces and Support System
The report offers actionable and valuable market insights of Orthopedic Braces and Support System. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Orthopedic Braces and Support System Market across various industries and regions.
This newly published and insightful report sheds light on Market Insights of Orthopedic Braces and Support System, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Orthopedic Braces and Support System Market.
Key Segments in Orthopedic Braces and Support System Industry Research
-
Product
- Knee Braces and Supports
- Ankle Braces and Supports
- Foot Walkers and Orthoses
- Hip, Back, & Spine Braces and Supports
- Shoulder Braces and Supports
- Neck & Cervical Spine Braces and Supports
- Hand & Wrist Braces and Supports
- Others
- Upper Extremity Braces and Supports
- Lower Spine Braces and Supports
- Upper Spine Orthoses
- Elbow Braces and Supports
- Facial Braces and Supports
- Post-Operational Knee Braces
- TLSOs
- LSOs
- Walker Boots
- Pneumatic Walker Boots
- Non-pneumatic Walker Boots
-
Type
- Soft & Elastic Braces and Supports
- Hinged Braces and Supports
- Hard Braces and Supports
-
Application
- Application of Orthopedic Braces and Support Systems in Preventive Care
- Application of Orthopedic Braces and Support Systems in Ligament Injury
- Application of Orthopedic Braces and Support Systems in Anterior Cruciate Ligament Injury
- Application of Orthopedic Braces and Support Systems in Lateral Collateral Ligament Injury
- Application of Orthopedic Braces and Support Systems in Post-operative Rehabilitation
- Application of Orthopedic Braces and Support Systems in Osteoarthritis
- Application of Orthopedic Braces and Support Systems in Compression Therapy
-
End User
- Use of Orthopedic Braces and Supports in Orthopedic Clinics
- Use of Orthopedic Braces and Supports in Hospitals
- Use of Orthopedic Braces and Systems at ASCs
- Use of Orthopedic Braces and Systems in Home Care Settings
- Over the Counter (OTC) Orthopedic Braces and Supports
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Factors Fuelling Growth of the Global Market
Growth of the global orthopedic braces and support system market is mainly bound by various macro-economic and micro-economic factors. Prevalence of spinal deformities, impaired muscles, fracture injury, arthritis, paralysis and sciatic nerve has revved up adoption of orthopedic braces in the global market.
A recent report by CDC states that an estimated 22.7% of adults had doctor-diagnosed arthritis in 2015 along with higher age-adjusted prevalence in women (23.5%) then in men (18.1%). Growing prevalence of foot issues has led to increasing adoption of orthotic shoe devices and braces globally.
Increasing demand for convenience and comfort has led the manufacturers to focus on integrating innovative features in range of orthotic shoe devices, which offers cushion to keep the foot safe from exertion and keep it in neutral position. Demand for faster restoration process of fracture after removing the cast continues to contribute towards growth of the global orthopedic braces & support system market.
Surge in demand to support weak limbs has revved up sales of various orthopedic braces and support products in the global market. Moreover, application of orthopedic braces enables controlling and guiding a joint or injured body part in order to limit or immobilize extremities during the foot injury.
In addition, demand for orthopedic braces remain high among obese persons due to growing need for weight management. Obese people face difficulties while walking and moving around attributed to weight issues. Adoption of orthopedic braces continue to remain high among obese persons in order to reduce weight bearing.
Moreover, companies in the orthopedic industry continue concentrating on designing orthopedic braces and support systems in parallel with the smart technology. Smart AFO braces, smart spine braces and step smart braces include some of the recently launched orthopedic devices.
Companies in this industry is mainly concentrating on development and innovation of products in order to achieve an advantage in the global market. Moreover, manufacturers are increasingly focusing on offering features in the orthopedic devices that allow the end users to avoid bad smell and allows the injured skin to breathe.
In order to design products with improved efficiency and accuracy, manufacturers are witnessed to adopt hypoallergenic materials and anatomical modelling software applications. Attributed to water-resistant and lightweight features, demand for orthopedic devices will continue to rev up significantly.
Sales to Remain High through Knee Braces & Support Products
Increasing instances of injuries in legs and knee has led to a surge in demand for the knee braces & support products. Based on product type, the knee braces & supports segment is projected to represent a robust revenue growth, recording more than US$ 500 Mn by 2022-end. During the forecast period, this segment is projected to reflect a healthy CAGR in the global market. The hospital end users segment is projected to generate highest revenues, representing more than US$ 500 Mn by 2017-end. On the other hand, the ASCs end users segment is projected to reflect a robust CAGR throughout the forecast period.
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Report Benefits & Key Questions Answered
- Orthopedic Braces and Support System Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- Orthopedic Braces and Support System Historical volume analysis: The report provides a comparison of Orthopedic Braces and Support System’s historical sales and projected sales performance for 2021-2031.
- Orthopedic Braces and Support System Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Orthopedic Braces and Support System market. It carefully gauges the impact of changing healthcare needs of key demographics globally
- Orthopedic Braces and Support System Consumption by demographics: The report investigates consumer behavior affecting Orthopedic Braces and Support System demand outlook for the assessment period. Effect of their keenness for digital trends on Orthopedic Braces and Support System market is carefully analyzed
- Post COVID consumer spending on Orthopedic Braces and Support System: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Orthopedic Braces and Support System market growth.
More Valuable Insights on Orthopedic Braces and Support System Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Orthopedic Braces and Support System, Sales and Demand of Orthopedic Braces and Support System, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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