DUBLIN--(BUSINESS WIRE)--The "Global Orthopedic Braces and Supports Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global orthopedic braces and supports market was valued at US$ 3,285.5 mn in 2016, and is expected to reach US$ 5,356.2 mn by 2025, expanding at a CAGR of 5.4% from 2017 to 2025.
Arthritis and trauma patients are the major consumers of orthopedic braces. Furthermore, the rising population of geriatric individuals and the corresponding risk of musculoskeletal disorders such as osteoarthritis, osteoporosis and related fractures mainly drive the global orthopedic braces and supports market. Increasing sporting activities and respective rise in incidence of sports injuries and trauma also contribute to the growth of this market. Also, the use of braces such as elbow and ankle braces by sportsmen as a preventive measure has led to growth in the demand for these products in the market.
North America is the largest consumer of orthopedic braces and supports. A vast senescent and obese population, better reimbursements, and greater awareness are the key factors driving the growth of North America market.
On the other hand, the Asia-Pacific is expected to be the fastest growing regional market for orthopedic braces and supports. Huge geriatric population, the rapid proliferation of orthopedic goods, and growing disposable incomes have resulted in a growth in demand for orthopedic braces and supports in the region.
The major players in the global orthopedic braces and supports market chiefly concentrate on new product development, while maintaining competitive prices and expanding their distribution network.
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Orthopedic Braces and Supports Market: Market Dynamics and Future Outlook
Chapter 4. Global Orthopedic Braces and Supports Market, by Product Type, 2015 - 2025 (US$ Mn)
Chapter 5. Global Orthopedic Braces and Supports Market, by Usage Area, 2015 - 2025 (US$ Mn)
Chapter 6. Global Orthopedic Braces and Supports Market, by Geography, 2015 - 2025 (US$ Mn)
Chapter 7. Company Profiles
- Alcare Co., Ltd.
- Ascent Meditech Ltd.
- Bauerfeind AG
- Breg, Inc.
- BSN Medical
- Deroyal Industries, Inc.
- DJO Global
- FLA Orthopedics, Inc.
- Frank Stubbs Co., Inc.
- McDavid, Inc.
- ssur Corporate
- Otto Bock Healthcare GmbH
- OPPO Medical, Inc.
- ReWalk Robotics
For more information about this report visit https://www.researchandmarkets.com/research/jtgb4q/global_orthopedic?w=4