COVID-19 UPDATE :ORTHOPEDIC BRACES AND SUPPORTS MARKET IS THRIVING WORLDWIDE WITH DJO GLOBAL, ZIMMER BIOMET, MEDTRONIC, SMITH AND NEPHEW, STRYKER, ÖSSUR, NUVASIVE®, INC

Global orthopedic braces and supports market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of orthopedic braces and supports market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Global Orthopedic Braces and Supports Market By Type (Soft & Elastic Braces and Supports, Hard & Rigid Braces and Supports, Hinged Braces and Supports), Product Type (Upper Extremity, Lower Limb Neck and Spine, Pelvis-Hip-Femur), End-User (Hospitals, Clinics, Home Healthcare and Others), Distribution Channel (Orthopedic Clinics, Hospitals, Over the Counter (OTC), E-Commerce, Prescription), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: 

Global orthopedic braces and supports market is estimated to reach USD 6.8 billion by 2026 registering a substantial CAGR of 6.6%. The increased awareness of public about preventive care, affordability of products and growth in the sector are major key drivers of the market.

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Key Market Competitors: Global Orthopedic Braces and Supports Market

Few of the major market competitors currently working in the global orthopedic braces and supports market are DJO global, Zimmer Biomet, Medtronic, Smith and Nephew, Stryker, Össur, NuVasive®, Inc., Integra LifeSciences, Globus Medical Inc., DePuy Synthes, Ottobock., AC Mould Engineering Limited, Johnson & Johnson Services, Inc., Weber Orthopedic Inc., BSN medical, Inc., Becker Orthopedic, OPPO Medical Inc., Langer Biomechanics, McDavid Inc., Frank Stubbs Company Inc., DeRoyal Industries, Inc., Ascent Meditech Limited, Alcare Co., Ltd.,  among others

Market Definition: Global Orthopedic Braces and Supports Market

Orthopedic braces and supports are the devices or product made to support the body parts after injury as well as they also provide prevention from the injury. It support, protect, stabilize, support, and correct the injury. They also provide alignment on abnormal injury through rehabilitation and recovery.

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Market Drivers

  • The increased awareness of public about preventive care
  • Affordable products with greater availability
  • Rising sport industry sector
  • Increased number of accidental injuries

Market Restraint

  • Innovative surgeries are major restrain to the orthopedic device sector
  • Unawareness regarding the new orthopedic braces and support 

Market Segmentation:-

To comprehend Global Orthopedic Braces and Supports market dynamics in the world mainly, the worldwide Orthopedic Braces and Supports market is analyzed across major global regions.

  • North America: United States, Canada, and Mexico.
  • South & Central America: Argentina, Chile, and Brazil.
  • Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
  • Europe: UK, France, Italy, Germany, Spain, and Russia.
  • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2: Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3: Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

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Orthopedic Braces and Supports Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Orthopedic Braces and Supports report provides the complete structure and fundamental overview of the industry market.

Key Developments in the Market:

  • In February 2019, Colfax Corporation acquired the DJO Global Inc. completely. The DJO is well known brand for providing Orthopedic Continuum of Care. This acquisition will help Colfax Corporation company to get consistent, growing cash flows for compounding value creation
  • In February 2018, Breg, Inc. provider of premium, high-value sports medicine products and services for orthopedic care launched new solution brand. Breg Impact™ brand will deliver customized, yet proven DME/bracing programs at 470 healthcare facilities and 2,400 outsourced inventory locations

Reasons to Purchase this Report

  • Current and future of global orthopedic braces and supports market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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