Orthopedic Braces And Support Devices And Equipment Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Orthopedic Braces And Support Devices And Equipment Market?
The increasing geriatric population is driving the orthopedic braces and support devices market. As people age, they become more susceptible to injuries due to weakened bones and connective tissues. In the U.S., 70% of individuals aged 50-70 suffer from osteoarthritis, and this percentage is expected to increase in the coming years, contributing to the demand for orthopedic braces and support devices.
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How Will the Growth Rate of theOrthopedic Braces And Support Devices And Equipment Market Impact Industry Trends by 2034?
The orthopedic braces and support devices and equipment market size has grown steadily in recent years. It is expected to grow from $4.01 billion in 2024 to $4.2 billion in 2025, at a compound annual growth rate (CAGR) of 4.9%. The growth is attributed to the aging population, orthopedic injuries, rehabilitation and physical therapy, and lifestyle and fitness trends.
The orthopedic braces and support devices market is projected to grow at a steady pace, reaching $5.05 billion in 2029 at a CAGR of 4.7%. Growth drivers include value-based healthcare initiatives, personalization in treatment, and expansion in emerging markets. Trends to observe are smart brace technology, use of lightweight and breathable materials, 3D printing, and remote rehabilitation.
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What Are the Most Significant Market Trends Transforming theOrthopedic Braces And Support Devices And Equipment Market?
Companies in the orthopedic braces and support devices market are focusing on innovations such as unloader technology-based brace systems to improve pain relief and mobility for osteoarthritis patients without surgery. In January 2024, Enovis Corporation launched the DonJoy Roam OA knee brace, which incorporates features like ‘Mag-align’ magnetic clips for optimal strap alignment, Set-and-Forget technology for easy application, and the BOA Fit System for adjustable support, enhancing comfort and stability.
Who Are the Leading Market Players Fueling Growth in the Orthopedic Braces And Support Devices And Equipment Market Trend?
Major companies operating in the orthopedic braces and support devices and equipment market include DJO Global, Bauerfeind AG, Otto Bock Healthcare GmbH, Breg Inc., Ossur Hf, DeRoyal Industries Inc., BSN medical GmbH, Medi GmbH & Co. KG, THUASNE Group, 3M Company, Lohmann & Rauscher International, Alcare Company Ltd., McDavid Knee Guard Inc., FLA Orthopedics Inc., Frank Stubbs Co. Inc., Zimmer Biomet Holdings Inc., Ortec B.V., Tynor Orthotics, DUK-IN, Prime Medical Inc., Adhenor, Aspen Medical Products, Rcai, Truelife, Shanghai Huici Medical Technology Co. Ltd., Dynamic Techno Medicals Pvt. Ltd., Hely & Weber Orthopedics, Mueller Sports Medicine Inc., Procare Software LLC, Scheck & Siress Prosthetics Inc., Townsend Design
How is the Global Orthopedic Braces And Support Devices And Equipment Market Segemented?
The orthopedic braces and support devices and equipment market covered in this report is segmented –
1) By Type: Lower extremity braces, Upper extremity braces, Back and hip braces, Other braces
2) By Product: Soft And Elastic Braces and Supports, Hinged Braces and Supports, Hard And Rigid Braces and Supports
3) By End User: Hospitals, Home Healthcare, Clinics, Other End-Users
Subsegments:
1) By Lower Extremity Braces: Knee Braces, Ankle Braces, Foot Braces, Thigh Braces
2) By Upper Extremity Braces: Elbow Braces, Wrist Braces, Shoulder Braces, Hand Braces
3) By Back And Hip Braces: Lumbar Braces, Sacral Braces, Pelvic Braces, Hip Braces
4) By Other Braces: Neck Braces, Spinal Braces, Rib Braces
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Which Geographics are Influencing the Growth of the Orthopedic Braces And Support Devices And Equipment Market?
North America was the largest region in global orthopedic devices and equipment market in 2023. Western Europe was the second-largest region in global orthopedic devices and equipment market. The regions covered in the orthopedic braces and support devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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