Bracing devices are orthopedic appliances used to align, support and hold structural and functional characteristics of the musculoskeletal system. These devices offer safeguard to various orthopedic joints for prophylactic, post-trauma and post-surgery uses, and also help in increasing mobility for people suffering from a wide range of musculoskeletal problems. Bracing and support devices include bracing products for the upper and lower extremities such as ankle, kneel, elbow, lumbar back and wrist. Bracing devices are extremely effective at improving musculoskeletal manifestations as a part of the treatment and management program. Bracing and support appliances fall into class I FDA medical devices category since most of these devices are used externally.
Arthritis and trauma patients are the major consumers of orthopedic braces. Furthermore, rising population of geriatric individuals and the corresponding risk of musculoskeletal disorders such as osteoarthritis, osteoporosis and related fractures mainly drive the global orthopedic braces and supports market. Increasing sporting activities and respective rise in incidence of sports injuries and trauma also contribute to the growth of this market. Also, use of braces such as elbow and ankle braces by sportsmen as a preventive measure has led to growth in demand for these products in the market.
North America accounts for nearly 50% of the market share and is predicted to retain its market share until the end of the forecast period. The bracing and support market is driven by the increase in sports-related injuries within the region. Another factor for the growth is the adoption of an active lifestyle by the aging population that leads to a higher incidence of fractures, and injuries. The US, Canada and Mexico were the biggest markets during 2014, in this region.
The global Bracing and Supports market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Bracing and Supports market based on company, product type, end user and key regions.
This report studies the global market size of Bracing and Supports in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Bracing and Supports in these regions.
This research report categorizes the global Bracing and Supports market by top players/brands, region, type and end user. This report also studies the global Bracing and Supports 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:
Biomet
Bledsoe
DeRoyal
Ossur
Bauerfeind
Breg
Cramer Products
Orthomerica
Swede-O
Xback Bracing
Market size by Product
Knee Braces & Supports
Foot and Ankle Braces & Supports
Spinal Orthoses
Upper Extremity Braces & Supports
Market size by End User
Ligament Injury
Preventive Care
Osteoarthritis
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Bracing and Supports 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 Bracing and Supports 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 Bracing and Supports 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 Bracing and Supports 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 Bracing and Supports 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 Bracing and Supports 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.
Summary:
Get latest Market Research Reports on Bracing and Supports . Industry analysis & Market Report on Bracing and Supports is a syndicated market report, published as Global Bracing and Supports Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Bracing and Supports market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.