We have a flat 20% off on all of our 2025 global market reports. And the coupon code is FY25SAVE
How large is the orthopedic braces and support devices and equipment market, and what is its growth trajectory?
The orthopedic braces and support devices and equipment market size has grown steadily in recent years. It will grow from $4.01 billion in 2024 to $4.2 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to aging population, orthopedic injuries, rehabilitation and physical therapy, lifestyle and fitness trends.
The orthopedic braces and support devices and equipment market size is expected to see steady growth in the next few years. It will grow to $5.05 billion in 2029 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to emerging markets growth, regulatory support and reimbursement, value-based healthcare, personalized medicine. Major trends in the forecast period include smart orthopedic braces, 3d printing, lightweight and breathable materials, tele-rehabilitation and remote monitoring.
Get Your Free Sample of The Global Orthopedic Braces And Support Devices And Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2406&type=smp
What are the key forces behind the orthopedic braces and support devices and equipment market’s growth in recent years?
The rise in the geriatric population is driving the orthopedic braces and support devices and equipment market. Elderly people are more prone to injuries as their bones and connective tissues weaken with age. For example, in the US 70% of the population aged between 50-70 years suffers from osteoarthritis and is likely to increase further in the forecast period. This is one of the major contributing factors to the growth of this market.
What are the major segments of the orthopedic braces and support devices and equipment market?
The orthopedic braces and support devices and equipment market covered in this report is segmented –
1) By Type: Lower extremity braces, Upper extremity braces, Back and hip braces, Other braces
2) By Product: Soft And Elastic Braces and Supports, Hinged Braces and Supports, Hard And Rigid Braces and Supports
3) By End User: Hospitals, Home Healthcare, Clinics, Other End-Users
Subsegments:
1) By Lower Extremity Braces: Knee Braces, Ankle Braces, Foot Braces, Thigh Braces
2) By Upper Extremity Braces: Elbow Braces, Wrist Braces, Shoulder Braces, Hand Braces
3) By Back And Hip Braces: Lumbar Braces, Sacral Braces, Pelvic Braces, Hip Braces
4) By Other Braces: Neck Braces, Spinal Braces, Rib Braces
Order your report now for swift delivery
Which companies dominate the orthopedic braces and support devices and equipment market?
Major companies operating in the orthopedic braces and support devices and equipment market include DJO Global, Bauerfeind AG, Otto Bock Healthcare GmbH, Breg Inc., Ossur Hf, DeRoyal Industries Inc., BSN medical GmbH, Medi GmbH & Co. KG, THUASNE Group, 3M Company, Lohmann & Rauscher International, Alcare Company Ltd., McDavid Knee Guard Inc., FLA Orthopedics Inc., Frank Stubbs Co. Inc., Zimmer Biomet Holdings Inc., Ortec B.V., Tynor Orthotics, DUK-IN, Prime Medical Inc., Adhenor, Aspen Medical Products, Rcai, Truelife, Shanghai Huici Medical Technology Co. Ltd., Dynamic Techno Medicals Pvt. Ltd., Hely & Weber Orthopedics, Mueller Sports Medicine Inc., Procare Software LLC, Scheck & Siress Prosthetics Inc., Townsend Design
How will evolving trends contribute to the growth of the orthopedic braces and support devices and equipment market?
Major companies operating in the orthopedic braces and support devices and equipment market are focused on developing advanced products such as unloader technology-based brace systems to provide effective pain relief, and enhanced mobility for patients with osteoarthritis without the need for surgery. The unloader technology-based brace system in orthopedic braces and support devices is designed to alleviate pain and improve mobility by offloading weight from injured or arthritic joints, thus redistributing forces to promote healing and enhance functional performance. For instance, in January 2024, Enovis Corporation, a US-based medical technology company, launched the DonJoy Roam OA knee brace. It features ‘Mag-align’ magnetic clips for optimal strap alignment, Set-and-Forget technology for easy application, and the BOA Fit System for adjustable support. These innovations enhance patient comfort and confidence while providing effective unloading and stabilization, allowing users to maintain or increase their activity levels.
Which regional trends are influencing the orthopedic braces and support devices and equipment market, and which area dominates the industry?
North America was the largest region in global orthopedic devices and equipment market in 2023. Western Europe was the second-largest region in global orthopedic devices and equipment market. The regions covered in the orthopedic braces and support devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Orthopedic Braces And Support Devices And Equipment Market Report 2025 Offer?
The orthopedic braces and support devices and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Orthopedic braces and support devices and equipment are medical devices that provide external support to the musculoskeletal system, helping stabilize and protect injured bones, joints, muscles, and ligaments. They are commonly used in rehabilitation to promote healing, prevent further injury, and improve mobility. Their main purpose is to ensure proper alignment and recovery.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2406
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
