Orthopedic Braces and Supports Market By Usage Area (Hospitals, Specialty Clinics, Home Care, Others), By Product (Knee, Foot and Ankle, Upper Extremity, Neck and Spine Braces and Supports, Exoskeletons) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Published By: Brisk Insights | Published On: Jun 2, 2022

 

Orthopedic braces and supports are the products used to change or alter the functioning of musculoskeletal system. These devices are mainly used for rehabilitation from illness, trauma, and even congenital conditions. At present, the global orthopedic braces and supports market is driven by baby boomer population, high focus on improving quality of life, innovation in nature of braces and supports, rising incidence of sports injuries and others. Conversely, restricted reimbursement and payment models, and healthcare budgets put constraints to the growth of this market.

 

The purpose of this research study titled ‘orthopedic Braces and Supports Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global orthopedic braces and supports market. This report presents and analyzes the major trends prevalent in the global orthopedic braces and supports market and the market size and forecast.

 

This report categorizes the global orthopedic braces and supports market in terms of product type, usage areas and geographical distribution. Based on product type, the global orthopedic braces and supports market is categorized into knee braces and supports (knee support braces, knee braces for osteoarthritis and ligament injuries and post-surgery knee braces), foot and ankle braces and supports (soft braces and hinged braces), upper extremity braces and supports (wrist and hand supports, shoulder supports and elbow supports), neck and spine braces and supports and exoskeletons. On the basis of usage area, the global orthopedic braces and supports market is categorized into hospitals, specialty clinics, home care and others. Market size and forecast for each mentioned segment for the period 2015-2025 is presented in the report along with respective CAGRs for the forecast duration 2017-2025.

 

Geographically, the global orthopedic braces and supports market is best understood by segmenting the market into five major regions and chief region level markets as follows:

 

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

 

The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional presented in terms of product type, usage areas and constituent region/country level markets. 

 

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global orthopedic braces and supports market. Competition assessment tools such as, major agreements, partnerships and collaborations, market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the orthopedic braces and supports market. The key players profiled in this report are Alcare Co., Ltd., Ascent Meditech Ltd., Bauerfeind AG, Breg, Inc., BSN Medical, DeRoyal Industries, Inc., DJO Global, FLA Orthopedics, Inc., Frank Stubbs Co., Inc., McDavid, Inc., Össur Corporate, Otto Bock Healthcare GmbH, OPPO Medical, Inc., ReWalk Robotics and Trulife.

 

Based on the usage areas, the global orthopedic braces and supports market is segmented as follows:

 

1.   Hospitals

2.   Specialty Clinics

3.   Home Care

4.   Others

 

Among the considered usage areas, specialty clinics and facilities is observed to be the largest segment for orthopedic braces and supports. Higher influx of patients in orthopedic specialty clinics as against hospitals chiefly contribute to the dominance of this segment. There is also a reported trend of increasing over-the-counter availability of these products. This has further led to significant growth in demand for orthopedic braces and supports in home care. The home care segment is expected to further proliferate on the ground of increasing sports injuries and growing demand for orthopedic braces and supports particularly for extremities for the purpose of injury prevention and pain management.

 

Based on the product types, the global orthopedic braces and supports market is segmented as follows:

 

1.   Knee Braces and Supports

a.    Knee Braces for Osteoarthritis and Ligament Injuries

b.    Post-surgery Knee Braces

2.   Foot and Ankle Braces and Supports

a.    Soft Braces

b.    Hinged Braces

3.   Upper Extremity Braces and Supports

a.    Wrist and Hand Supports

b.    Shoulder Supports

c.    Elbow Supports

4.   Neck and Spine Braces and Supports

5.   Exoskeletons

 


Most of the market segments considered for the purpose of this study are expected to steadily progress mainly due to the growing geriatric population and prevalence of osteoarthritis and obesity. Knee braces and supports segment is expected to retain its dominance through and beyond the forecast period. High worldwide prevalence of osteoarthritis and obesity and growing disposable incomes of the general population are the key factors supporting the dominance of this segment. Additionally, neck and spine braces and supports will experience the highest demand during the forecast period 2017-2025. Technological development and rapid regulatory approvals will open lucrative market penetration opportunities for exoskeletons segment, particularly in the developed markets of North America and Western Europe.

 

Geographically, the global orthopedic braces and supports market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

 

North America and Western Europe capture over 55% of the global orthopedic braces and supports market. High prevalence of obese and arthritic patients, growing geriatric population and evolved reimbursement policies and healthcare infrastructure mainly contribute to the dominance of the mentioned regional markets. Furthermore, entry of several players in the emerging economies of Asia Pacific and increasing awareness and disposable incomes of the domestic population, along with revival of healthcare infrastructure makes Asia Pacific the fastest growing regional market for orthopedic braces and supports.

 

The detailed regional classification of the global orthopedic braces and supports market is as follows:

 

  • North America (U.S. & Canada)
  • Europe (Germany, U.K., and Rest of Europe)
  • Asia Pacific (China, Japan and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East and Africa (GCC and Rest of Middle East and Africa)

 

Chapter 1. Preface


1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

 

Chapter 2. Executive Summary


2.1. Global Orthopedic Braces and Supports Market Portraiture
2.1.1. Global Orthopedic Braces and Supports Market, by Product Type, 2016
2.1.2. Global Orthopedic Braces and Supports Market, by Usage Area, 2016
2.1.3. Global Orthopedic Braces and Supports Market, by Geography, 2016

 

Chapter 3. Orthopedic Braces and Supports Market: Market Dynamics and Future Outlook


3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Porter’s Five Forces Model
3.6. Attractive Investment Proposition, by Geography
3.7. Major Acquisitions, Agreements, Partnerships and Collaborations
3.8. Competitive Landscape
3.8.1. Competitive Landscape, by Key Players, 2016

 

Chapter 4. Global Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)


4.1. Overview
4.2. Top 3 Country Markets
4.3. Attractive Investment Proposition: Global Orthopedic Braces and Supports Market, by Product Type
4.4. Knee Braces and Supports
4.4.1. Knee Support Braces
4.4.2. Knee Braces for Osteoarthritis and Ligament Injuries
4.4.3. Post-surgery Knee Braces
4.5. Foot and Ankle Braces and Supports
4.5.1. Soft Braces
4.5.2. Hinged Braces
4.6. Upper Extremity Braces and Supports
4.6.1. Wrist and Hand Supports
4.6.2. Shoulder Supports
4.6.3. Elbow Supports
4.7. Neck and Spine Braces and Supports
4.8. Exoskeletons

 

Chapter 5. Global Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)


5.1. Overview
5.2. Top 3 Country Markets
5.3. Attractive Investment Proposition: Global Orthopedic Braces and Supports Market, by Usage Area
5.4. Hospitals
5.5. Specialty Clinics
5.6. Home Care
5.7. Others

 

Chapter 6. Global Orthopedic Braces and Supports Market, by Geography, 2015 – 2025 (US$ Mn)


6.1. Overview
6.2. North America Orthopedic Braces and Supports Market Analysis, 2015 – 2025
6.2.1. North America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.2.2. North America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.2.3. North America Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
6.2.3.1. U.S.
6.2.3.1.1. North America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.2.3.1.2. North America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.2.3.2. Canada
6.2.3.2.1. North America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.2.3.2.2. North America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.3. Europe Orthopedic Braces and Supports Market Analysis, 2015 – 2025
6.3.1. Europe Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.3.2. Europe Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.3.3. Europe Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
6.3.3.1. U.K.
6.3.3.1.1. Europe Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.3.3.1.2. Europe Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.3.3.2. Germany
6.3.3.2.1. Europe Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.3.3.2.2. Europe Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.3.3.3. Rest of Europe
6.3.3.3.1. Europe Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.3.3.3.2. Europe Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.4. Asia Pacific Orthopedic Braces and Supports Market Analysis, 2015 – 2025
6.4.1. Asia Pacific Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.4.2. Asia Pacific Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.4.3. Asia Pacific Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
6.4.3.1. Japan
6.4.3.1.1. Asia Pacific Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.4.3.1.2. Asia Pacific Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.4.3.2. China
6.4.3.2.1. Asia Pacific Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.4.3.2.2. Asia Pacific Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.4.3.3. Rest of Asia Pacific
6.4.3.3.1. Asia Pacific Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.4.3.3.2. Asia Pacific Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.5. Latin America Orthopedic Braces and Supports Market Analysis, 2015 – 2025
6.5.1. Latin America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.5.2. Latin America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.5.3. Latin America Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
6.5.3.1. Brazil
6.5.3.1.1. Latin America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.5.3.1.2. Latin America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.5.3.2. Mexico
6.5.3.2.1. Latin America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.5.3.2.2. Latin America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.5.3.3. Rest of Latin America
6.5.3.3.1. Latin America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.5.3.3.2. Latin America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
6.6. Middle East & Africa (MEA) Orthopedic Braces and Supports Market Analysis, 2015 – 2025
6.6.1. MEA Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.6.2. MEA Orthopedic Braces and Supports Market, by Usage area, 2015 – 2025 (US$ Mn)
6.6.3. MEA Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
6.6.3.1. GCC
6.6.3.1.1. MEA Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.6.3.1.2. MEA Orthopedic Braces and Supports Market, by Usage area, 2015 – 2025 (US$ Mn)
6.6.3.2. Rest of MEA
6.6.3.2.1. MEA Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
6.6.3.2.2. MEA Orthopedic Braces and Supports Market, by Usage area, 2015 – 2025 (US$ Mn)

 

Chapter 7. Company Profiles


7.1. Alcare Co., Ltd.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Ascent Meditech Ltd.
7.3. Bauerfeind AG
7.4. Breg, Inc.
7.5. BSN Medical
7.6. Deroyal Industries, Inc.
7.7. DJO Global
7.8. FLA Orthopedics, Inc.
7.9. Frank Stubbs Co., Inc.
7.10. McDavid, Inc.
7.11. Össur Corporate
7.12. Otto Bock Healthcare GmbH
7.13. OPPO Medical, Inc.
7.14. ReWalk Robotics
7.15. Trulife
7.16. Other Notable Players

TABLE 1 Global Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
TABLE 2 Global Orthopedic Braces and Supports Market, by Geography, 2015 – 2025 (US$ Mn)
TABLE 3 North America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
TABLE 4 North America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 5 North America Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 6 Europe Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 9 Asia Pacific Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
TABLE 10 Asia Pacific Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 12 Latin America Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
TABLE 13 Latin America Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 14 Latin America Orthopedic Braces and Supports Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 15 Middle East and Africa Orthopedic Braces and Supports Market, by Product Type, 2015 – 2025 (US$ Mn)
TABLE 16 Middle East and Africa Orthopedic Braces and Supports Market, by Usage Area, 2015 – 2025 (US$ Mn)
TABLE 17 Middle East and Africa Orthopedic Braces and Supports Market, by Region, 2015 – 2025 (US$ Mn)
TABLE 18 Alcare Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 19 Ascent Meditech Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 20 Bauerfeind AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 21 Breg, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 22 BSN Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 23 DeRoyal Industries, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 24 DJO Global: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 25 FLA Orthopedics, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Frank Stubbs Co., Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 McDavid, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 Össur Corporate: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 Otto Bock Healthcare GmbH: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 OPPO Medical, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 ReWalk Robotics: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 Trulife: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

FIG. 1 Orthopedic Braces and Supports Market: Market Segmentation
FIG. 2 Global Orthopedic Braces and Supports Market Share, by Product Type, 2016 (US$ Mn)
FIG. 3 Global Orthopedic Braces and Supports Market Share, by Usage Area, 2016 (US$ Mn)
FIG. 4 Global Orthopedic Braces and Supports Market, by Geography, 2016 (Value %)
FIG. 5 Attractive Investment Proposition, by Geography
FIG. 6 Market Competition Landscape, by Key Players, 2016
FIG. 7 Global Knee Support Braces Market, 2015 – 2025 (US$ Mn)
FIG. 8 Global Knee Braces for Osteoarthritis and Ligament Injuries Market, 2015 – 2025 (US$ Mn)
FIG. 9 Global Post-surgery Knee Braces Market, 2015 – 2025 (US$ Mn)
FIG. 10 Global Soft Braces Market, 2015 – 2025 (US$ Mn)
FIG. 11 Global Hinged Braces Market, 2015 – 2025 (US$ Mn)
FIG. 12 Global Wrist and Hand Supports Market, 2015 – 2025 (US$ Mn)
FIG. 13 Global Shoulder Supports Market, 2015 – 2025 (US$ Mn)
FIG. 14 Global Elbow Supports Market, 2015 – 2025 (US$ Mn)
FIG. 15 Global Neck and Spine Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 16 Global Exoskeletons Market, 2015 – 2025 (US$ Mn)
FIG. 17 Global Orthopedic Braces and Supports Market in Hospitals, 2015 – 2025 (US$ Mn)
FIG. 18 Global Orthopedic Braces and Supports Market in Specialty Clinics, 2015 – 2025 (US$ Mn)
FIG. 19 Global Orthopedic Braces and Supports Market in Home Care, 2015 – 2025 (US$ Mn)
FIG. 20 Global Orthopedic Braces and Supports Market in Other Usage Areas, 2015 – 2025 (US$ Mn)
FIG. 21 U.S. Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 22 Canada Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 23 U.K. Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 24 Germany Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 25 Rest of Europe Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 26 Japan Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 27 China Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 28 Rest of Asia Pacific Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 29 Brazil Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 30 Mexico Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 31 Rest of Latin America Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 32 GCC Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)
FIG. 33 Rest of Middle East and Africa Orthopedic Braces and Supports Market, 2015 – 2025 (US$ Mn)

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