Global Market of Orthopedic Braces and Support System: Knee Braces and Support Products to Generate Significant Revenues

Posted on 2018-05-16 by Mark Hub in Healthcare // 0 Comments

Fact.MR

Rockville, US, 2018-May-16 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of global orthopedic braces & support system market. The study is titled as “Orthopedic Braces & Support Systems Market Research Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global orthopedic braces & support system market.

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Factors Fuelling Growth of the Global Market

Growth of the global orthopedic braces & support system market is mainly bound by various macro-economic and micro-economic factors. Prevalence of spinal deformities, impaired muscles, fracture injury, arthritis, paralysis and sciatic nerve has revved up adoption of orthopedic braces in the global market. A recent report by CDC states that an estimated 22.7% of adults had doctor-diagnosed arthritis in 2015 along with higher age-adjusted prevalence in women (23.5%) then in men (18.1%). Growing prevalence of foot issues has led to increasing adoption of orthotic shoe devices and braces globally.

Increasing demand for convenience and comfort has led the manufacturers to focus on integrating innovative features in range of orthotic shoe devices, which offers cushion to keep the foot safe from exertion and keep it in neutral position. Demand for faster restoration process of fracture after removing the cast continues to contribute towards growth of the global orthopedic braces & support system market. Surge in demand to support weak limbs has revved up sales of various orthopedic braces and support products in the global market. Moreover, application of orthopedic braces enables controlling and guiding a joint or injured body part in order to limit or immobilize extremities during the foot injury.

Sales to Remain High through Knee Braces & Support Products

Increasing instances of injuries in legs and knee has led to a surge in demand for the knee braces & support products. Based on product type, the knee braces & supports segment is projected to represent a robust revenue growth, recording more than US$ 500 Mn by 2022-end. During the forecast period, this segment is projected to reflect a healthy CAGR in the global market. The hospital end users segment is projected to generate highest revenues, representing more than US$ 500 Mn by 2017-end. On the other hand, the ASCs end users segment is projected to reflect a robust CAGR throughout the forecast period.

Market Players

Major players in the global market of orthopedic braces & support system are Breg, Inc., Bauerfeind AG, DeRoyal Industries, Inc., BSN Medical GmbH, Ossur hf., DJO Global, Inc., Promedics Orthopedics Ltd., Otto Bock Healthcare GmbH, Trulife Inc. and Ascent Meditech Ltd.

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Table of Contents:

Chapter 1 Global Outlook
1.1 Global Healthcare Industry Outlook

Chapter 2 Global Orthopedic Braces & Support Systems Market – Executive Summary

Chapter 3 Global Orthopedic Braces & Support Systems Market Overview
3.1 Introduction
3.1.1 Global Orthopedic Braces & Support Systems Market Taxonomy
3.1.2 Global Orthopedic Braces & Support Systems Market Definition
3.2 Global Orthopedic Braces & Support Systems Market Size (US$ Mn) and Forecast, 2012-2022
3.2.1 Global Orthopedic Braces & Support Systems Market Y-o-Y Growth
3.3 Global Orthopedic Braces & Support Systems Market Dynamics
3.4 Supply Chain
3.5 Cost Structure
3.6 Pricing Analysis
3.7 Raw Material Sourcing Strategy and Analysis
3.8 Procedure Numbers, By Region
3.9 PEST Analysis
3.10 Product Life Cycle Analysis
3.11 Key Participants Market Presence (Intensity Map) By Region

Chapter 4 Global Orthopedic Braces & Support Systems Market Analysis and Forecast, 2012-2022
4.1 Global Orthopedic Braces & Support Systems Market Size and Forecast By Product, 2012-2022
4.1.1 Knee Braces & Supports Orthopedic Braces & Support Systems Market Size and Forecast, 2012-2022
4.1.1.1 Revenue (US$ Mn) Comparison, By Region
4.1.1.2 Market Share Comparison, By Region

Continued……

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