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Orthopedic Braces and Supports Market Size, Share, Key Players, Growth Trend, and Forecast, 2020–2028

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The Orthopedic Braces and Supports market is projected to grow at a rate of 5.7% in terms of value, from USD 4.29 Billion in 2020 to reach USD 6.64 Billion by 2028.

Reports and Data have published a novel report on the global Orthopedic Braces and Supports market that offers a comprehensive overview of the market and helps investors, and users understand market dynamics and make investment plans accordingly. The report offers details about market revenue growth, market size, drivers, restraints, limitations, growth opportunities, and top companies. The report also focuses on manufacturing and production and recent collaborations of market players. The report is formulated with thorough primary and secondary research and is verified by experts and professionals in the industry. The data is well-represented through charts, graphs, tables, figures, and other pictorial presentations.

The report consists of quantitative and qualitative research on the market performed by our market experts. The Orthopedic Braces and Supports industry report emphasizes the current and upcoming market revenue growth opportunities and trends. Moreover, the report offers key information on the industry statistics, as well as a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply demand ratios, production manufacturing capacities, sales distribution networks, cost demand volatility, import/export ratios, profit margins, and macro-economic and micro-economic factors. Our market experts have determined the current financial positions of the leading industry players in the report leveraging advanced analytical tools such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.

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Market Overview:

The global Orthopedic Braces and Supports market has significantly grown over the recent past and is expected to register rapid growth over the forecast period. The pharma and healthcare sector is rapidly evolving with innovations in technology, increasing healthcare spending and improving healthcare facilities and systems. Many hospitals, ambulatory surgical care centers and clinics across the globe are adopting advanced devices and equipment. Revenue growth of the global Orthopedic Braces and Supports market is significantly driven by factors such as increasing prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and growing funds by several public and private sectors. In addition, rising focus on drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investments in research and development activities are expected to drive global market revenue growth during the forecast period. 

Competitive Outlook of the Global Orthopedic Braces and Supports Market

The globla Orthopedic Braces and Supports market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Orthopedic Braces and Supports market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

Top Companies Profiled in the Report:

Bauerfeind AG, Össur Hf, DJO Finance LLC, Breg, Inc., DeRoyal Industries, Inc., Bird Cronin, Inc., Ottobock Holding GmbH Co. KG, BSN medical, Zimmer Biomet Holdings, Inc., Oppo Medical, LLC, Becker Orthopedic, Thuasne Group, 3M Company, Reh4Mat, and United Ortho, Malvern Panalytical Ltd., HORIBA, Ltd., Unchained Labs, and SETARAM Instrumentation, among others.

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The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.

Orthopedic Braces and Supports Market Segmentation:

Type Outlook (Revenue, USD Million; 2018-2028)

  • Soft and elastic
  • Hard and rigid
  • Hinged braces
  • Other braces and supports

Product Outlook (Revenue, USD Million; 2018-2028)

  • Elbow and Forearm
  • Wrist-Hand
  • Shoulders
  • Ankle and Foot
  • Knee
  • Spine and Neck

Application Outlook (Revenue, USD Million; 2018-2028)

  • Injury Rehabilitation
  • Injury Prevention
  • Osteoarthritis Care
  • Post-Operative Care
  • Others

End-User Outlook (Revenue, USD Million; 2018-2028)

  • Hospitals
  • Healthcare centers
  • Clinics
  • Research institutes
  • Other

Geographic Segment Covered in the Report:

The Orthopedic Braces and Supports report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

  • North America (USA and Canada)

  • Europe (UK, Germany, France and the rest of Europe)

  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

  • Latin America (Brazil, Mexico, and the rest of Latin America)

  • Middle East and Africa (GCC and rest of the Middle East and Africa)

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