Orthopedic Braces And Supports Market Size Worth $8.25 Billion By 2032 | CAGR: 7.1%

The global Orthopedic Braces And Supports market size is expected to reach USD 8.25 billion by 2032, according to a new study by Polaris Market Research. The report “Orthopedics Braces and Supports Market Share, Size, Trends, Industry Analysis Report, By Product (Pain Management Products, Braces & Supports Type); By End-Use; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Braces and supports denote orthopedic devices extensively employed to align, support, hold, and correct specific parts of the body. Crafted with specialized materials and intelligent designs, these devices offer focused and robust support to various body areas such as the ankle, knee, shoulder, spine, and upper elbow.

The escalating prevalence of musculoskeletal conditions stands out as a key catalyst for the orthopedic braces and supports market. With the global population aging and lifestyles becoming increasingly sedentary, the occurrence of orthopedic issues like osteoarthritis, fractures, and sports-related injuries is on the rise. This expanding patient demographic fuels the demand for orthopedic braces and supports, serving to manage pain, prevent injuries, and assist in rehabilitation.

The emerging opportunity lies in integrating orthopedic consultations and device recommendations into telehealth platforms. Telehealth enables patients to remotely access orthopedic expertise, undergo assessments, and receive prescriptions for orthopedic braces and supports. This has the potential to enhance access to care, especially in underserved areas, and broaden the market's reach.

A notable opportunity exists in delivering personalized orthopedic braces and supports. Progress in 3D printing and digital scanning technology has facilitated the development of custom-fit orthopedic devices, precisely tailored to an individual's anatomy and specific requirements. The customization enhances patient comfort and contributes to overall treatment outcomes, making it a substantial opportunity within the market.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/orthopedics-braces-and-supports-market/request-for-sample

The growth of the orthopedic braces and supports market was significantly affected by the impact of COVID-19. Government-imposed lockdown measures and restrictions aimed at curbing the spread of the coronavirus led to a reduction in sports-related injuries, as many sporting events were postponed. For instance, an article published in February 2022 noted a 34.6% decrease in sports-related emergency department visits in 2020. The same source indicated that the majority of these visits were from patients below 22 years of age (55.7%). However, data from the NSC Injury Facts, published in July 2021, revealed a 20% increase in the prevalence of sports and recreational injuries in 2021. Consequently, the anticipated rise in the number of sports-related injuries within the population is expected to drive market growth over the forecast period.

Orthopedic Braces and Supports Market Report Highlights

• In 2023, the braces and supports category emerged as the predominant segment in the market, primarily propelled by the increasing incidence of arthritis. This category is further classified into ankle, knee, walking boots, and back, with a notable rise in demand for support products and braces due to the increased prevalence of knee, ankle, and upper extremity issues and injuries.
• In forecast period, the orthopedic clinics segment dominated the orthopedic braces and supports market, attributed to the increasing presence of orthopedic surgeons. These clinics serve as vital primary healthcare providers for individuals experiencing musculoskeletal pain.
• In 2023, the North American region asserted its dominance in the global market, holding the largest market share. This achievement is propelled by the increasing accessibility of favorable reimbursement and insurance policies, coupled with government regulations that facilitate the commercialization of orthopedic braces and supports.
• The global key market players include Bauerfeind, BREG, Inc., DeRoyal Industries, Inc., DJO, LLC (Enovis), Frank Stubbs Company Inc., McDavid, ÖssurFillauer LLC, Ottobock, and Weber Orthopedic LP.

Polaris Market Research has segmented the Orthopedic Braces And Supports market report based on product, end-use, and region:

Orthopedic Braces and Supports, Product Outlook (Revenue - USD Billion, 2019 - 2032)

• Pain Management Products
  • DVT Products
  • Cold Therapy Products
• Braces & Supports Type
  • Upper Extremity Braces & Supports
    • Wrist Braces & Supports
    • Elbow Braces & Supports
    • Others
  • Knee Braces & Supports
    • Knee Braces & Supports
    • Knee Braces for Osteoarthritis & Ligament Injuries
  • Ankle Braces & Supports
    • Hinged Braces
    • Soft Braces
  • Back Braces & Supports
    • LSOs
    • Upper Spine Orthoses
    • TLSOs
    • Others
  • Walking Boots
    • Non-pneumatic
    • Pneumatic

Orthopedic Braces And Supports, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

• Orthopedic Care Centers
• Non-prescription (OTC) Outlets
• Medical Centers
• Durable Medical Equipment (DME) Retailers
• Others

Orthopedic Braces And Supports, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Orthopedics Braces and Supports Market Report Scope