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> Medical Devices> Orthopedic Braces & Supports Market
Medical Devices MD0208 January 2020 Share

Orthopedic Braces & Supports Market

Orthopedic Braces & Supports market is expected to grow from USD 4.34 billion in 2019 to USD 6.54 billion by 2026 at a CAGR of 6% from 2020 to 2026.

Orthopedic braces and orthopedic supports are mainly designed to protect, soothe, support, and proper the injuries or irregular alignment through a procedure of rehabilitation and recovery. They need numerous functions like rehabilitation and prevention of the injury, osteoarthritis care, post-operative care, etc. Orthopedic braces and supports are fairly common under the orthopedic supplies but are sometimes misunderstood as a neighborhood of recuperative medicine. These are usually made from rigid materials, like hard plastics, and soft materials, like spandex, mostly used for immobilizing joints, which allows them to heal in an efficient position. Soft and elastic braces are the foremost common bracing & support products in orthopedics. These are easy to use, flexible, provide unrestricted patient mobility, and are highly customizable, as compared to other surgical alternatives. Growth during this market can primarily be attributed to the rising availability of advanced products, growing adoption & patient preference for orthopedic braces in post-operative & preventive care, and therefore the supportive reimbursement scenario for target products across mature markets. The global market is segregated on the basis of Product as Ankle Braces and Supports, Foot Walkers and Orthoses, Hip, Back, & Spine Braces and Supports, Knee Braces and Supports, Shoulder Braces and Supports, Elbow Braces and Supports, Hand/Wrist Braces and Supports, and Facial Braces and Supports. Based on Type the market is segmented in Soft & Elastic Braces and Supports, Hinged Braces and Supports, and Hard Braces and Supports. Based on Application the global market is segmented in Preventive Care, Ligament Injury, Post-operative Rehabilitation, Osteoarthritis, Compression Therapy, and Other Indications.

The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

3M Company, Alcare Co., Ltd., Bauerfeind AG, Bird and Cronin, Inc., Breg, Inc., BSN Medical, Deroyal Industries, Inc., DJO Finance LLC, medi GmbH & Co. KG, Össur Hf, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Orthopedic Braces & Supports market has been segmented as below:

By Product

  • Ankle Braces and Supports
  • Foot Walkers and Orthoses
  • Hip, Back, & Spine Braces and Supports
    • Neck & Cervical Spine Braces and Supports
    • Lower Spine Braces and Supports
  • Knee Braces and Supports
  • Shoulder Braces and Supports
  • Elbow Braces and Supports
  • Hand/Wrist Braces and Supports
  • Facial Braces and Supports

By Type

  • Soft & Elastic Braces and Supports
  • Hinged Braces and Supports
  • Hard Braces and Supports

By Application

  • Preventive Care
  • Ligament Injury
    • Anterior Cruciate Ligament Injury
    • Lateral Collateral Ligament Injury
    • Other Ligament Injuries
  • Post-operative Rehabilitation
  • Osteoarthritis
  • Compression Therapy
  • Other Indications

By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

Orthopedic Braces & Supports Market, By Company

  • 3M Company
  • Alcare Co., Ltd.
  • Bauerfeind AG
  • Bird and Cronin, Inc.
  • Breg, Inc.
  • BSN Medical
  • Deroyal Industries, Inc.
  • DJO Finance LLC
  • medi GmbH & Co. KG
  • Össur Hf
  • Ottobock Healthcare
  • Remington Products Company
  • Thuasne Group
  • Trulife
  • Zimmer Biomet Holdings, Inc

The report covers the below scope:

  • Global market sizes from 2019 to 2026, along with CAGR for 2020-2026
  • Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021 and forecast from 2021 to 2026
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2019
  • Estimated year - 2020
  • Projected year - 2021
  • Forecast period - 2021 to 2026

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include 3M Company, Alcare Co., Ltd., Bauerfeind AG, Bird and Cronin, Inc., Breg, Inc., BSN Medical, Deroyal Industries, Inc., DJO Finance LLC, medi GmbH & Co. KG, Össur Hf, and others.

Why to Buy this Report:

  • Gain detailed insights on the Orthopedic Braces & Supports industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

  1. Executive Summary
  2. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

  1. Orthopedic Braces & Supports Market, By Product

            5.1 Introduction

            5.2 Ankle Braces and Supports

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Foot Walkers and Orthoses

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 Hip, Back, & Spine Braces and Supports

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

            5.5 Knee Braces and Supports

                        5.5.1 Market Overview

                        5.5.2 Market Size and Forecast

            5.6 Shoulder Braces and Supports

                        5.6.1 Market Overview

                        5.6.2 Market Size and Forecast

            5.7 Elbow Braces and Supports

                        5.7.1 Market Overview

                        5.7.2 Market Size and Forecast

            5.8 Hand/Wrist Braces and Supports

                        5.8.1 Market Overview

                        5.8.2 Market Size and Forecast

            5.9 Facial Braces and Supports

                        5.9.1 Market Overview

                        5.9.2 Market Size and Forecast

  1. Orthopedic Braces & Supports Market, By Type

            6.1 Introduction

            6.2 Soft & Elastic Braces and Supports

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Hinged Braces and Supports

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Hard Braces and Supports

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

  1. Orthopedic Braces & Supports Market, By Application

            7.1 Introduction

            7.2 Preventive Care

                        7.2.1 Market Overview

                        7.2.2 Market Size and Forecast

            7.3 Ligament Injury

                        7.3.1 Market Overview

                        7.3.2 Market Size and Forecast

            7.4 Post-operative Rehabilitation

                        7.4.1 Market Overview

                        7.4.2 Market Size and Forecast

            7.5 Osteoarthritis

                        7.5.1 Market Overview

                        7.5.2 Market Size and Forecast

            7.6 Compression Therapy

                        7.6.1 Market Overview

                        7.6.2 Market Size and Forecast

            7.7 Other Indications

                        7.7.1 Market Overview

                        7.7.2 Market Size and Forecast

  1. Orthopedic Braces & Supports Market, By Geography

            8.1 Introduction

            8.2 Europe

                        8.2.1 Europe Market, By Product

                        8.2.2 Europe Market, By Type

                        8.2.3 Europe Market, By Application

            8.3 North America

                        8.3.1 North America Market, By Product

                        8.3.2 North America Market, By Type

                        8.3.3 North America Market, By Application

            8.4 Asia Pacific

                        8.4.1 Asia Pacific Market, By Product

                        8.4.2 Asia Pacific Market, By Type

                        8.4.3 Asia Pacific Market, By Application

            8.5 Rest of The World

                        8.5.1 Rest of The World Market, By Product

                        8.5.2 Rest of The World Market, By Type

                        8.5.3 Rest of The World Market, By Application

  1. Competitive Insights

            9.1 Key Insights

            9.2 Company Market Share Analysis

            9.3 Strategic Outlook

                        9.3.1 Mergers & Acquisitions

                        9.3.2 New Product Development

                        9.3.3 Portfolio/Production Capacity Expansions

                        9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements

                        9.3.5 Others

  1. Company Profiles

(Overview, Key Financials, Recent Developments, Product and Service Offering)

  • 3M Company
  • Alcare Co., Ltd.
  • Bauerfeind AG
  • Bird and Cronin, Inc.
  • Breg, Inc.
  • BSN Medical
  • Deroyal Industries, Inc.
  • DJO Finance LLC
  • medi GmbH & Co. KG
  • Össur Hf
  • Ottobock Healthcare
  • Remington Products Company
  • Thuasne Group
  • Trulife
  • Zimmer Biomet Holdings, Inc.

The global Orthopedic Braces & Supports market has been segmented as below:

By Product

  • Ankle Braces and Supports
  • Foot Walkers and Orthoses
  • Hip, Back, & Spine Braces and Supports
    • Neck & Cervical Spine Braces and Supports
    • Lower Spine Braces and Supports
  • Knee Braces and Supports
  • Shoulder Braces and Supports
  • Elbow Braces and Supports
  • Hand/Wrist Braces and Supports
  • Facial Braces and Supports

By Type

  • Soft & Elastic Braces and Supports
  • Hinged Braces and Supports
  • Hard Braces and Supports

By Application

  • Preventive Care
  • Ligament Injury
    • Anterior Cruciate Ligament Injury
    • Lateral Collateral Ligament Injury
    • Other Ligament Injuries
  • Post-operative Rehabilitation
  • Osteoarthritis
  • Compression Therapy
  • Other Indications

By Region

  • Europe
  • North America
  • Asia Pacific
  • Rest of The World

Orthopedic Braces & Supports Market, By Company

  • 3M Company
  • Alcare Co., Ltd.
  • Bauerfeind AG
  • Bird and Cronin, Inc.
  • Breg, Inc.
  • BSN Medical
  • Deroyal Industries, Inc.
  • DJO Finance LLC
  • medi GmbH & Co. KG
  • Össur Hf
  • Ottobock Healthcare
  • Remington Products Company
  • Thuasne Group
  • Trulife
  • Zimmer Biomet Holdings, Inc

FAQ's

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