Orthopedic braces are medical devices designed to address musculoskeletal issues; they are used to properly align, correct the position, support, stabilize, and protect certain parts of the body (particularly the muscles, joints, and bones) as they heal from injury or trauma. These medical devices are often prescribed for the patient to wear during the process of recovery and rehabilitation.
The classification includes the braces & support, casting supplies, splinting supplies, and the proportion of Splinting Supplies in 2017 is about 60%.
Orthopedic braces & support casting & splints is widely used in hospitals, retail pharmacies and online sales. The most proportion of Orthopedic Braces & Support Casting & Splints is sold in hospitals, and the proportion in 2017 is about 52%.
North America is the largest supply place, with a production market share nearly 47% in 2017. Following North America, Europe is the second largest supply place with the production market share of 27%, and the market share of Asia-Pacific is about 17%.
The global Orthopedic Braces & Support Casting & Splints market is valued at 5320 million US$ in 2018 and will reach 7890 million US$ by the end of 2025, growing at a CAGR of 5.8% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Orthopedic Braces & Support Casting & Splints market based on company, product type, end user and key regions.
This report studies the global market size of Orthopedic Braces & Support Casting & Splints in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Orthopedic Braces & Support Casting & Splints in these regions.
This research report categorizes the global Orthopedic Braces & Support Casting & Splints market by top players/brands, region, type and end user. This report also studies the global Orthopedic Braces & Support Casting & Splints market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Medi GmbH & Co.
Lohmann & Rauscher
Dynamic Techno Medicals
Market size by Product
Braces & Support
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Orthopedic Braces & Support Casting & Splints market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Orthopedic Braces & Support Casting & Splints market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Orthopedic Braces & Support Casting & Splints companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Orthopedic Braces & Support Casting & Splints submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Orthopedic Braces & Support Casting & Splints are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Orthopedic Braces & Support Casting & Splints market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.