Orthopedic Braces and Supports Market: A Study of the Industry’s Key Segments Forecast 2030

The Global Orthopedic Braces and Supports Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.

The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market.

According to the most recent analysis by Emergen Research, the worldwide orthopaedic braces and supports market had a value of USD 4.02 billion in 2021 and is anticipated to grow at a rate of 6.4% during the projected period. Rapid technological product development in terms of material and model design of orthopaedic braces and supports, as well as the rising frequency of musculoskeletal illnesses, are key factors fueling the market’s revenue growth. Additionally, it is anticipated that rising rates of sports-related accidents and injuries will considerably fuel market revenue development.

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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.

The major companies studied in the report include:

Breg, Inc., Bauerfeind AG, Becker Orthopedic, Ottobock Holding GmbH, Össur., Zimmer Biomet Holdings, Inc., Globus Medical, 3M, and DJOGLOBAL, LLC

The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

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Along with these details, the report also covers the segmentation of the market based on types, applications, end-user industry, and others. Analysis of each market segment, along with projections up to, is offered in the report. The report includes profitability, gross margins, global demand, sales volume, and growth prospects of each market segment.

The report further discusses in detail the market segmentation based on types and applications:

  • Product Outlook (Revenue, USD Billion; 2019-2030)
    • Knee Braces and Supports
    • Ankle Braces and Supports
    • Foot Walkers and Orthoses
    • Hip, Back, and Spine Braces and Supports
    • Shoulder Braces and Supports
    • Elbow Braces and Supports
    • Hand & Wrist Braces and Supports
    • Facial Braces and Supports
  • Material Type Outlook (Revenue, USD Billion; 2019-2030)
    • Soft & Elastic Braces and Supports
    • Hard Braces and Supports
    • Hinged Braces and Supports
  • Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
    • Hospitals
    • Orthopedic Clinics
    • E-Commerce Platforms

Regional Segmentation:

Based on the geographical spread, the Orthopedic Braces and Supports industry is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis of the Orthopedic Braces and Supports market provides an insight into the regions expected to hold the largest share in the market. Additionally, the report provides valuable data about distribution, production, consumption patterns, export/import, and demand and supply ratio.

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