HOME Top Market Reports Orthopedic Braces and Supports Market by Product (Lower Extremity (Knee, Foot, Ankle, Back), Upper Extremity (Shoulder, Elbow, Wrist)), Application (Ligament Injury, Preventive Care, Osteoarthritis), End User (Hospitals, OTC) - Global Forecast to 2022

Orthopedic Braces and Supports Market by Product (Lower Extremity (Knee, Foot, Ankle, Back), Upper Extremity (Shoulder, Elbow, Wrist)), Application (Ligament Injury, Preventive Care, Osteoarthritis), End User (Hospitals, OTC) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: September 2017
Report Code: MD 3845

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The global orthopedic braces and supports market is projected to reach USD 4.93 Billion by 2022 from USD 3.56 Billion in 2016, at a CAGR of 5.6% during 2017–2022.

Objectives of the study are:

  • To define, describe, and forecast the global orthopedic braces market on the basis of product, type, application, end user, and region
  • To provide detailed information regarding the major factors influencing the overall market growth (drivers, restraints, opportunities, and challenges) across individual geographies
  • To strategically analyze micromarkets with respect to their individual growth trends, future prospects, and contributions to the overall market
  • To analyze growth opportunities in the market for various stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW)
  • To profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as product launches; collaborations, agreements, and partnerships; geographic expansions; and mergers & acquisitions in the global orthopedic braces and supports market
  • To benchmark players within the market using proprietary ‘competitive leadership mapping’ framework, which analyzes market players on various parameters within the broad categories of business and product strategy

This research study involves the extensive usage of secondary sources, directories, and databases (such as Hoover’s, Bloomberg Business, Factiva, and Avention), in order to identify and collect information useful for this technical, market-oriented, and financial study of the orthopedic braces market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.

Orthopedic Braces and Supports Market

To know about the assumptions considered for the study, download the pdf brochure

In 2016, DJO Finance LLC (US), Breg, Inc. (US), Ossur Hf (Iceland), DeRoyal Industries, Inc. (US), and Bauerfeind AG (Germany) held the leading position in the global orthopedic braces and supports market. In the past three years, these companies adopted product launches, mergers, strategic acquisitions, agreements, collaborations & partnerships, and expansions as their key business strategies to ensure market dominance. Otto Bock HealthCare (Germany), BSN Medical (Germany), medi GmbH & Co. KG (Germany), 3M Company (US), and THUASNE Group (France) are some of the other major players in this market.

Stakeholders

  • Orthopedic bracing and support product manufacturers
  • Distributors and suppliers
  • Research laboratories and academic institutes
  • Sports institutes and organizations
  • Government and independent regulatory bodies
  • Market research organizations

Scope of the Report

This report categorizes the global orthopedic supports market into the following segments and sub segments:

Global Orthopedic Braces and Supports Market, by Product

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

Global Orthopedic Braces and Supports Market, by Type

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

Global Orthopedic Braces and Supports Market, by Application

  • Ligament Injury
  • Preventive Care
  • Post-operative Rehabilitation
  • Osteoarthritis
  • Other Applications

Global Orthopedic Braces and Supports Market, by End User

  • Orthopedic Clinics
  • Hospitals & Surgical Centers
  • Over-the-counter (OTC) Platforms
  • Other End Users

Global Orthopedic Braces and Supports Market, by Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • RoE
  • Asia Pacific
    • Japan
    • China
    • India
    • RoAPAC
  • Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Geographic Analysis

Further breakdown of the regional orthopedic braces market into:

  • RoW into Latin America, the Middle East, and Africa

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Markets Covered
    1.4 Geographic Scope
    1.5 Years Considered for the Study
    1.6 Currency Used
    1.7 Market Stakeholders 

2 Research Methodology 
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
    2.2 Opportunity Indicators
    2.3 Market Size Estimation
           2.3.1 Top-Down Approach
           2.3.2 Bottom-Up Approach
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Limitations
    2.6 Research Assumptions

3 Executive Summary 

4 Premium Insights 
    4.1 Orthopedic Braces and Supports Market: Overview (2017–2022)
    4.2 Geographic Analysis: Orthopedic Braces Market, By Application (2017)
    4.3 Asia Pacific to Lead the Market Demand for Orthopedic Braces and Supports By the End Users
    4.4 Global Orthopedic Supports Market, By Type (2017–2022)
    4.5 China and India to Lead the Market Growth for Orthopedic Braces and Supports Market During the Forecast Period
    4.6 Prevalence Rate of Hip and Knee Surgeries Among Major European Countries (2014)
    4.7 Proportion of Geriatric Population in Major European Countries (2015)
    4.8 Percentage Increase in Aging Population, By Region: (1980–2010) vs (2010–2040)
    4.9 Incidence of Injuries in Road Accidents Among Major Countries in 2015
    4.1 Global Burden of Scoliosis Among Continents in 2015
    4.11 Healthcare Expenditure Across Major Regions: 2000–2014
    4.12 Healthcare Expenditure Across Major Countries: 2000–2014

5 Market Overview 
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges

6 Orthopedic Braces Market, By Product 
    6.1 Introduction
    6.2 Lower Extremity Braces and Supports
           6.2.1 Knee Braces and Supports 
           6.2.2 Ankle Braces and Supports
           6.2.3 Foot Walkers and Orthoses
           6.2.4 Back, Hip, & Spine Braces and Supports
                    6.2.4.1 Neck & Cervical Spine Braces and Supports
                    6.2.4.2 Lower Spine Braces and Supports
    6.3 Upper Extremity Braces and Supports
           6.3.1. Shoulder Braces and Supports
           6.3.2 Elbow Braces and Supports
           6.3.3 Hand & Wrist Braces and Supports

7 Orthopedic Supports Market, By Type 
    7.1 Introduction
    7.2 Soft & Elastic Braces and Supports
    7.3 Hinged Braces and Supports
    7.4 Hard & Rigid Braces and Supports

8 Orthopedic Braces Market, By Application 
    8.1 Introduction
    8.2 Ligament Injury
    8.3 Preventive Care
    8.4 Post-Operative Rehabilitation
    8.5 Osteoarthritis
    8.6 Other Applications

9 Orthopedic Supports Market, By End User 
    9.1 Introduction
    9.2 Orthopedic Clinics
    9.3 Hospitals & Surgical Centers
    9.4 Over-The-Counter (OTC) Platforms
    9.5 Other End Users

10 Orthopedic Braces Market, By Region 
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.1 Canada
     10.3 Europe
             10.3.1 Germany
             10.3.2 UK
             10.3.3 France
             10.3.4 Rest of Europe (RoE)
     10.4 Asia Pacific
             10.4.1 Japan
             10.4.2 China
             10.4.3 India
             10.4.4 Rest of Asia Pacific
     10.5 Rest of the World (RoW)

11 Competitive Landscape 
     11.1 Market Share Analysis 
     11.2 Competitive Leadership Mapping 
             11.2.1 Visionary Leaders
             11.2.2 Innovators
             11.2.3 Dynamic Differentiators
             11.2.4 Emerging Companies
     11.3 Business Strategy Excellence 
     11.4 Strength of Product Portfolio

*Top 25 companies analyzed for this studies are - DJO Finance LLC  (US), Ossur Hf. (Iceland), Breg, Inc. (US), Otto Bock Holding GmbH & Co. KG  (Germany), DeRoyal Industries, Inc. (US), Bauerfeind AG (Germany), BSN medical (Germany), THUASNE Group (France), 3M COMPANY (US), medi GmbH & Co. KG (Germany), ALCARE Co., Ltd (Japan), Zimmer Biomet Holdings, Inc. (US), Trulife (Ireland), Remington  Products Company (US), Bird & Cronin, Inc. (US), Becker Orthopedic (US), BORT Medical  (Germany), Bio Skin (US), Ascent Meditech Ltd. (India), Chase Ergo, Inc. (US), Corflex, Inc. (US), Pelican Manufacturing(Australia), Reh4Mat (Poland), United Ortho (US), Dicarre LLC (US)

12 Company Profiles 
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
     12.1 Breg, Inc. 
     12.2 Φssur Hf 
     12.3 Bauerfeind AG 
     12.4 BSN Medical
     12.5 DJO Finance LLC 
     12.6 3M Company
     12.7 Otto Bock Healthcare 
     12.8 Deroyal Industries, Inc.
     12.9 Medi GmbH & Co. KG 
     12.10 Thuasne Group 
     12.11 Alcare Co., Ltd 
     12.12 Zimmer Biomet Holdings, Inc.
     12.13 Trulife
     12.14 Remington Products Company
     12.15 Bird & Cronin

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix 
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports 
     13.6 Authors Details


List of Tables (74 Tables)

Table 1 Global Orthopedic Braces & Supports Market, By Product, 2015–2022 (USD Million)
Table 2 Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 3 Lower Extremity Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 4 Knee Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 5 Ankle Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 6 Foot Walkers & Orthoses Market, By Region, 2015–2022 (USD Million)
Table 7 Back, Hip, & Spine Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 8 Back, Hip, & Spine Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 9 Neck & Cervical Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 10 Lower Spine Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 11 Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 12 Upper Extremity Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 13 Shoulder Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 14 Elbow Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 15 Hand & Wrist Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 16 Global Orthopedic Braces and Supports Market, By Type, 2015–2022 (USD Million)
Table 17 Soft & Elastic Orthopedic Braces Market, By Region, 2015–2022 (USD Million)
Table 18 Hinged Orthopedic Supports Market, By Region, 2015–2022 (USD Million)
Table 19 Hard & Rigid Orthopedic Braces and Supports Market, By Region, 2015–2022 (USD Million)
Table 20 Global Orthopedic Braces Market, By Application, 2015–2022 (USD Million)
Table 21 Orthopedic Supports Market for Ligament Injury, By Region, 2015–2022 (USD Million)
Table 22 Orthopedic Braces and Supports Market for Preventive Care, By Region, 2015–2022 (USD Million)
Table 23 Orthopedic Braces Market for Post-Operative Rehabilitation, By Region, 2015–2022 (USD Million)
Table 24 Orthopedic Supports Market for Osteoarthritis, By Region, 2015–2022 (USD Million)
Table 25 Orthopedic Braces and Supports Market for Other Applications, By Region, 2015–2022 (USD Million)
Table 26 Global Orthopedic Braces Market, By End User, 2015–2022 (USD Million)
Table 27 Orthopedic Supports Market for Orthopedic Clinics, By Region, 2015–2022 (USD Million)
Table 28 Orthopedic Braces and Supports Market for Hospitals & Surgical Centers, By Region, 2015–2022 (USD Million)
Table 29 Orthopedic Braces Market for OTC Platforms, By Region, 2015–2022 (USD Million)
Table 30 Orthopedic Supports Market for Other End Users, By Region, 2015–2022 (USD Million)
Table 31 Orthopedic Braces & Supports Market, By Region, 2015–2022 (USD Million)
Table 32 North America: Orthopedic Braces & Supports Market, By Country, 2015–2022 (USD Million)
Table 33 North America: Lower Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 34 North America: Upper Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 35 North America: Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 36 North America: Orthopedic Braces & Supports Market, By Application, 2015–2022 (USD Million)
Table 37 North America: Orthopedic Braces & Supports Market, By End User, 2015–2022 (USD Million)
Table 38 US: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 39 US: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 40 Canada: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 41 Canada: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 42 Europe: Orthopedic Braces & Supports Market, By Country, 2015–2022 (USD Million)
Table 43 Europe: Lower Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 44 Europe: Upper Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 45 Europe: Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 46 Europe: Orthopedic Braces & Supports Market, By Application, 2015–2022 (USD Million)
Table 47 Europe: Orthopedic Braces & Supports Market, By End User, 2015–2022 (USD Million)
Table 48 Germany: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 49 Germany: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 50 UK: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 51 UK: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 52 France: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 53 France: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 54 Rest of Europe: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 55 Rest of Europe: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 56 Asia Pacific: Orthopedic Braces & Supports Market, By Country, 2015–2022 (USD Million)
Table 57 Asia Pacific: Lower Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 58 Asia Pacific: Upper Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 59 Asia Pacific: Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 60 Asia Pacific: Orthopedic Braces & Supports Market, By Application, 2015–2022 (USD Million)
Table 61 Asia Pacific: Orthopedic Braces & Supports Market, By End User, 2015–2022 (USD Million)
Table 62 Japan: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 63 Japan: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 64 China: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 65 China: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 66 India: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 67 India: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 68 RoAPAC: Lower Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 69 RoAPAC: Upper Extremity Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 70 RoW: Lower Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 71 RoW: Upper Extremity Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
Table 72 RoW: Orthopedic Braces & Supports Market, By Application, 2015–2022 (USD Million)
Table 73 RoW: Orthopedic Braces & Supports Market, By End User, 2015–2022 (USD Million)
Table 74 RoW: Orthopedic Braces & Supports Market, By Type, 2015–2022 (USD Million)
 
 
List of Figures (30 Figures)
 
Figure 1 Research Design
Figure 2 Breakdown of Primaries: Orthopedic Braces and Supports Market
Figure 3 Opportunity Indicators: Impact Analysis
Figure 4 Global Orthopedic Braces and Supports Market, By Product (2017 vs 2022)
Figure 5 Global Orthopedic Braces Market, By Type (2017)
Figure 6 Global Orthopedic Supports Market, By Application (2017–2022)
Figure 7 Global Orthopedic Braces and Supports Market, By End User (2017–2022)
Figure 8 Orthopedic Braces Market, By Region (2017–2022)
Figure 9 Prevalence of Hip Fractures in Major Countries (2016)
Figure 10 Obese Population (As A Percentage of the Total Population) in  OECD Countries (2015)
Figure 11 Geriatric Population Across Major Healthcare Markets  Worldwide, 2000 vs 2015
Figure 12 Percentage of Sports Injuries in the English Premier League (UK), 2015–2016
Figure 13 Percentage of Sports Injuries Reported During NBA (US), 2016–2017
Figure 14 Commonly Reported Sports Injuries Worldwide (2013)
Figure 15 Global Incidence of Sports Injuries Among Athletes (Aged Below 19 Years), 2013
Figure 16 Lower Extremity Braces & Supports Market, By Type, 2017 vs 2022
Figure 17 Ankle Sprains Cases Across Major Countries, 2015
Figure 18 Upper Extremity Braces and Supports, By Type: 2017 2022
Figure 19 Orthopedic Supports Market, By Type: Growth  Forecast During 2017 2022
Figure 20 Orthopedic Braces and Supports Market, By Application: Growth  Forecast During 2017 2022
Figure 21 Orthopedic Braces Market, By End User: Growth Forecast (2017–2022)
Figure 22 Orthopedic Supports Market, By Country/Region (2017-2022)
Figure 23 Prevalence of Sports Injuries, By Type, 2015
Figure 24 Proportion of Obese Individuals in Europe: Regional Analysis (2015)
Figure 25 Orthopedic Braces and Supports Market Share, By Key Player, 2016
Figure 26 Orthopedic Braces & Supports Market (Global), Competitive Leadership Mapping (2017)
Figure 27 Φssur Hf: Company Snapshot (2016)
Figure 28 DJO Finance LLC: Company Snapshot (2016)
Figure 29 3M Company: Company Snapshot (2016)
Figure 30 Zimmer Biomet Holdings, Inc.: Company Snapshot (2016)

The global orthopedic braces market is projected to reach USD 4.93 Billion by 2022 from USD 3.76 Billion in 2017, at a CAGR of 5.6%. The development of specialized orthopedic bracing and support products, increased off-the-shelf and online product sales, and product promotion & branding initiatives undertaken by major product manufacturers are the key factors driving the growth of the market.

This report broadly segments the orthopedic supports market into product, type, application, end user, and region. On the basis of product, the market is categorized into lower extremity and upper extremity braces and supports. In 2017, the lower extremity braces and supports segment is expected to account for the largest share of the market. It is also expected to register the highest CAGR during the forecast period due to growing prevalence of obesity & diabetes and higher prevalence of orthopedic disorders and diseases.

On the basis of type, the market is categorized into soft & elastic, hinged, and hard & rigid braces and supports. In 2017, the soft & elastic braces and supports segment is expected to account for the largest share of the market. It is also expected to register the highest CAGR during the forecast period due to greater adoption among medical professionals and patients owing to its physical comfort & convenience and increasing participation in sports and related activities.

Based on application, the market is categorized into five segments, namely, preventive care, ligament injury, post-operative rehabilitation, osteoarthritis, and other applications (osteoporosis, Paget’s disease, and spinal degenerative conditions). In 2017, the ligament injury segment is expected to account for the largest share of the market, owing to growing availability of medical reimbursement for the treatment of ligament injuries and public awareness related to the clinical benefits of these products in the effective clinical management of ligament injuries

Based on end user, the market is segmented into four segments, namely, hospitals, orthopedic clinics, over-the-counter (OTC) platforms, and other end users such as research & academic institutes and contract research organizations (CROs). In 2017, the orthopedic clinics segment is expected to account for the largest share of the market due to significant rise in road accident injuries and higher availability of orthopedic braces and supports through e-commerce online sales & off-the-shelf.

This report covers the market across four major geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). Of the four geographic regions studied in the report, North America is expected to command the largest share of the market in 2017 owing to the favorable medical reimbursement scenario & availability of insurance for major orthopedic bracing procedures and expansion of target patient population (especially osteoporosis and osteoarthritis patients as well as those suffering from musculoskeletal injuries). However, Asia Pacific is expected to register the highest growth rate during the forecast period due to increasing GDP & healthcare expenditure and growing public awareness about various orthopedic treatments.

Orthopedic Braces and Supports Market

Factors such as high adoption of pain medications, limited clinical evidence to support the efficacy of orthopedic braces and supports, and limited patient qualification for bracing-mediated orthopedic treatment are expected to restrain the growth of the market during the forecast period.

The major players in the market are DJO Finance LLC (US), Breg, Inc. (US), Ossur Hf (Iceland), DeRoyal Industries, Inc. (US), Bauerfeind AG (Germany), Otto Bock Holding GmbH & Co. KG (Germany), BSN medical (Germany), medi GmbH & Co. KG (Germany), THUASNE Group (France), and 3M Company (US).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Medical Devices Markets on KnowledgeStore
Request Demo