Global Orthopedic Orthotics Market Analysis 2017-2023: Market is Estimated to Reach $5 Billion - ResearchAndMarkets.com

DUBLIN--()--The "Global Orthopedic Orthotics Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

Orthopedic Orthotics Market was valued at $3 billion in 2016, and is estimated to reach $5 billion by 2023, growing at a CAGR of 6.3% during the forecast period.

Orthotics is a field dealing with design and construction of orthoses, an external support that modifies controls or immobilizes movements. Orthoses assists in correcting muscle and joint by restricting and aligning bones. Orthopedic orthoses are generally prescribed in instances of deformity caused due to accidents, trauma, osteoarthritis, birth defects or sports injury.

Orthoses could be prefabricated or customized to fit custom requirements. Orthoses devices are generally made of plastic or graphite, due to flexibility offered by these materials, and at the same time restricting abnormal movements. Neoprene is also popular in soft braces as it provides comfort and is also has easy applications.

Technological advances such as computer assisted design (CAD) and 3D printing have contributed to the growth of the personalized orthoses. Customized devices have the potential to deliver better results, as compared to pre-fabricated devices. The market for custom orthoses is rapidly growing due to changing customer preferences which is because of increasing disposable income, and growing awareness about medical services. Growing trend of physical fitness in baby boomers has led to more number of hospital visits for muscle pain and other skeletal muscular problems.

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. Global Orthopaedic Orthotics Market

4. Global Orthopaedic Orthotics Market by Manufacturing

5. Global Orthopaedic Orthotics Market by Human Anatomical Region

6. Global Orthopaedic Orthotics Market by Region

7. Company Profiles

  • DJO Global, Inc.
  • Ottobock
  • Breg Inc.
  • Ossur
  • DeRoyal Industries
  • Medi
  • Biomet, Inc.
  • Nakamura Brace Co. Ltd.
  • Thuasne SA
  • Aspen Pharmacare Holdings Limited

For more information about this report visit https://www.researchandmarkets.com/research/2whjxk/global_orthopedic?w=4

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Related Topics: Orthopedic Devices

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Orthopedic Devices