Orthopedic braces are medical devices designed to address musculoskeletal issues; they are used to properly align, correct the position, support, stabilize, and protect certain parts of the body (particularly the muscles, joints, and bones) as they heal from injury or trauma. These medical devices are often prescribed for the patient to wear during the process of recovery and rehabilitation.
The classification includes the braces & support, casting supplies, splinting supplies, and the proportion of Splinting Supplies in 2017 is about 60%.
Orthopedic braces & support casting & splints is widely used in hospitals, retail pharmacies and online sales. The most proportion of Orthopedic Braces & Support Casting & Splints is sold in hospitals, and the proportion in 2017 is about 52%.
North America is the largest supply place, with a production market share nearly 47% in 2017. Following North America, Europe is the second largest supply place with the production market share of 27%, and the market share of Asia-Pacific is about 17%.
According to this study, over the next five years the Orthopedic Braces & Support Casting & Splints market will register a 5.6% CAGR in terms of revenue, the global market size will reach US$ 6980 million by 2024, from US$ 5320 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Orthopedic Braces & Support Casting & Splints business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Orthopedic Braces & Support Casting & Splints market by product type, application, key manufacturers and key regions and countries.
This study considers the Orthopedic Braces & Support Casting & Splints value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Braces & Support
Casting Supplies
Splinting Supplies
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital
Retail Pharmacies
Online Sales
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DJO Global
Ottobock
Ossur
3M Company
Bauerfeind
DeRoyal
Medi GmbH & Co.
Zimmer
Lohmann & Rauscher
Breg
THUASNE
ORTEC
BSN Medical
Tynor Orthotics
DUK-IN
Prime Medical
Adhenor
Aspen
Rcai
Truelife
Huici Medical
Dynamic Techno Medicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Orthopedic Braces & Support Casting & Splints consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Orthopedic Braces & Support Casting & Splints market by identifying its various subsegments.
Focuses on the key global Orthopedic Braces & Support Casting & Splints manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Orthopedic Braces & Support Casting & Splints with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Orthopedic Braces & Support Casting & Splints submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
