June 13th, 2022 DelveInsight Business Research Releases

The Orthopedic Braces and Support Systems market is expected to surge due to the rising prevalence of orthopedic diseases and disorders, continuous product commercialization, and the rise observed in the product affordability and market availability. Another contributing factor is the rising number of sports and accident-related injuries. Moreover, growing public awareness of preventive care and the rising prevalence of arthritis and spinal deformities also play a key role in establishing an upward growth trend in the Orthopedic Braces and Support Systems market during the forecast period from 2022 to 2027.    

According to the latest report published by DelveInsight, “Orthopedic Braces and Support Systems Market Insight,” the global Orthopedic Braces and Support Systems market is expected to witness appreciable growth owing to an increase in the prevalence of several disorders such as sciatic nerve, impaired muscle, paralysis, fractures, strokes, among others. Additionally, the rising prevalence of foot-related problems is another key factor driving the growth of Orthopedic Braces and Support Systems across the globe. Furthermore, improper and heavy lifting of weights that leads to bulging, ruptured disks, scoliosis, and stress-induced back pain is another prominent factor influencing the growth of the Orthopedic Braces and Support Systems market. Therefore, considering the high demand for the latest and most innovative orthopedic braces and supports system will also help in influencing the Orthopedic Brace and Support Systems market positively. This report will provide an in-depth understanding of the Orthopedic Braces and Support System market, further benefiting the competitors or stakeholders operating in the Orthopedic Braces and Support Systems market. 

Orthopedic braces and support devices are primarily used in injury prevention, injury rehabilitation, post-operative care, and osteoarthritic care. The devices are also used for protection, support, and strengthening of the joints and muscles. Athletes also use them to prevent themselves from injuries. The orthopedic braces and support systems are medical devices that are used to address musculoskeletal issues. The devices can be used to align properly and correct the position for support, stabilization, and protection of certain body areas, including muscles, bones, and joints, as they heal from any injury or trauma.

Geographically, the global Orthopedic Braces and Support Systems market is studied for North America, Europe, Asia-Pacific, and the Rest of the World. In terms of the largest market share, North America is expected to amass a significant revenue share in the global Orthopedic Braces and Support Systems market during the forecast period. Some of the factors responsible for the growth of the North American Orthopedic Braces and Support Systems market are the rising prevalence of the geriatric population, rising prevalence of neuromuscular disorders, increasing innovation in orthopedic braces and support system products for better patient comfort, and growing focus on product development activities in the region along with the presence of key manufacturers in the region are certain factors that are expected to contribute in the growth of the North American Orthopedic Braces and Support Systems market growth. However, the superiority of North America will be majorly challenged by the European Orthopedic Braces and Support Systems market. 

Further, the Asia Pacific region has the future potential for growth in the Orthopedic Braces and Support Systems market. This can be attributed to the rising geriatric population in the APAC region, which are susceptible to numerous diseases such as arthritis, spine deformities, and sciatic nerve disease.

To know more about why North America is leading the market growth in the Orthopedic Braces and Support Systems market, get a snapshot of the report Orthopedic Braces and Support Systems Market

To read more about the latest highlights related to Orthopedic Braces and Supports , get a snapshot of the key highlights entailed in the Orthopedic Braces and Supports Market

The leading Orthopedic Braces and Support Systems companies such as Ottobock, Boston Orthotics & Prosthetics, LeTourneau Prosthetics, and Orthotics, B BOUNDLESS BIOMECHANICAL BRACING INC., 3M, Trulife, Basko Healthcare, Bauerfeind, Breg, Inc, DJO, LLC, Acor Orthopaedic, Inc., Aspen Medical Products, LLC, Allard USA Inc, Steeper Inc, ORTHOMERICA PRODUCTS, INC, Conwell Medical Co., Ltd, Kinetec Medical Products UK Ltd, Kao Chen Enterprise Co., Ltd, Össur, medi GmbH & Co. KG, DeRoyal Industries, Inc, and others are currently working in the Orthopedic Braces and Support Systems Market .

The Orthopedic Braces and Support Systems market witnessed a dip in the generated revenue due to the outbreak of COVID-19. The global spread of the COVID-19 has led to undisrupted restrictions and disruptions caused in business and personal activities. For instance, many governments have issued lockdown orders for both personal and local business activities. The direct impact of the COVID-19 and the preventive and precautionary measures implemented due to lockdown is expected to continue to affect certain industry elements, including operations, commercial organizations, supply chains, and distribution systems.

Furthermore, COVID-19 has negatively impacted the value chain stages due to strict lockdown guidelines imposed by the government in several countries. Several manufacturing facilities were shut down temporarily for some time. Also, the supply chains and distribution networks were also interrupted owing to restrictions on traveling due to lockdown and a decline caused in sales activity.

To gain a better understanding about the short/long-term impact of COVID-19 on the Orthopedic Braces and Support Systems market, get a snapshot of the report Orthopedic Braces and Support System Market Outlook

Market Segmentation By Product Type – Upper Extremity Braces and Support Systems (Shoulder, Elbow, Hand & Wrist, And Finger), Lower Extremity Braces and Support Systems (Foot & Ankle, Knee, Hip, And Others), and Spinal Braces And Support Systems

Market Segmentation By Flexibility – Soft and Elastic Braces & Supports, Hard Braces and Supports, and Hinged Braces & Supports

Market Segmentation By End User – Hospitals & Clinics, Ambulatory Surgical Centers, Homecare Settings, and Others

Market Segmentation By Geography – North America, Europe, Asia-Pacific, and Rest of World

Key Orthopedic Braces and Support Systems Companies – Ottobock, Boston Orthotics & Prosthetics, LeTourneau Prosthetics and Orthotics, B BOUNDLESS BIOMECHANICAL BRACING INC., 3M (NYSE: MMM), Trulife, Basko Healthcare, Bauerfeind, Breg, Inc, DJO, LLC, Acor Orthopaedic, Inc., Aspen Medical Products, LLC, Allard USA Inc, Steeper Inc, ORTHOMERICA PRODUCTS, INC, Conwell Medical Co., Ltd, Kinetec Medical Products UK Ltd, Kao Chen Enterprise Co., Ltd, Össur (OTCMKTS: OSSFF), medi GmbH & Co. KG, DeRoyal Industries, Inc , among others

Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

DelveInsight Analysis: The Orthopedic Braces and Support Systems market size is expected to grow at a CAGR of 5.77% to reach USD 6.45 billion by 2027.

Which MedTech key players in the Orthopedic Braces and Support Systems market are set to emerge as the trendsetter explore @ Orthopedic Braces and Support Systems Companies

Interested in knowing how Orthopedic Braces and Support Systems Market will be growing by 2027? Click to get a snapshot of the Orthopedic Braces and Support Systems Market Analysis

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Orthopedic Prosthesis Devices Market Insights, Competitive Landscape and Market Forecast – 2027 report delivers an in-depth understanding of market trends, market drivers, market barriers, and key Orthopedic Prosthesis Devices companies involved, such as Ottobock, Boston Orthotics & Prosthetics, LeTourneau Prosthetics, and Orthotics, Advanced Arm Dynamics, among others.

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