Discover trends, market shifts, and competitive outlooks for the orthopedic accessories industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What is the Projected CAGR for the Orthopedic Accessories Market Size from 2025 to 2034?

In recent times, the market size for orthopedic accessories has seen consistent growth. There is an expected increase from $3.22 billion in 2024 to $3.31 billion in 2025, marking a compound annual growth rate (CAGR) of 2.7%. The rise in the historical duration can be linked to factors such as aging demographics, orthopedic injuries, the need for rehabilitation and physical therapy, as well as lifestyle and fitness tendencies.

The market size for orthopedic accessories is projected to experience consistent expansion over the coming years. The market is predicted to increase to $3.78 billion in 2029, with a compound annual growth rate (CAGR) of 3.4%. The anticipated growth during the forecast years could be a result of factors such as the expansion of emerging markets, supportive regulatory climate and reimbursement, technological advancements, and a focus on value-based healthcare. Key trends expected during the forecast period are intelligent orthopedic accessories, sustainable materials, patient involvement, tele-rehabilitation, and remote monitoring.

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What Are the Primary Drivers Supporting the Market Growth of the Orthopedic Accessories Market?

The surge in medical cases from road and sports accidents is fueling the growth of the Orthopaedic Accessories market. The chances of bone and muscle tissue damage are significantly high in such accidents, these injuries often need orthopaedic accessories like arm support, knee braces, and hip support. These devices provide the necessary firm support to damaged tissue and broken bones during treatment. Orthopaedic accessories aid in immobilizing the bones and allowing them the required healing time. Additionally, orthopaedic accessories such as bone cement and casting are useful in rejoining fractured bones and filling any gaps present in or between the bones. As per a WHO report, every year, around 20-50 million people worldwide suffer non-fatal injuries from road accidents. Correspondingly, a Stanford Children’s Health survey has found that over 3.5 million children 14 years or younger are injured each year through sports or other recreational activities. With the escalation of road and sports accidents, the number of medical cases needing orthopaedic accessories will continue to rise, thereby propelling the growth of the orthopaedic accessories market.

Which Primary Segments of the Orthopedic Accessories Market Are Driving Growth and Industry Transformations?

The orthopedic accessories market covered in this report is segmented –

1) By Type: Bone Cement, Casting System, Removal System

2) By Application: Hip, Knee, Spine

3) By End User: Hospital, Orthopedic Clinic, Trauma Fixation Center

Subsegments:

1) By Bone Cement: Polymethyl Methacrylate (PMMA) Bone Cement, Calcium Phosphate Bone Cement, Antibiotic-Loaded Bone Cement

2) By Casting System: Plaster Casting System, Fiberglass Casting System

3) By Removal System: Bone Cement Removal System, Cast Removal System

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Which Regions Are Key Players in the Growth of the Orthopedic Accessories Market?

North America was the largest region in the global orthopedic accessories devices equipment market in 2023. Western Europe was the second-largest region in the orthopedic accessories devices equipment market. The regions covered in the orthopedic accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Key Trends Are Shaping the Future of the Orthopedic Accessories Market?

The orthopedic accessories market is witnessing a surge in the use of 3D printing technology by numerous companies who are implementing it to boost production efficacy and create personalized accessories catering to individual patient needs. 3D Printing technology, which functions by layering thin pieces of a material to create complex structures while discarding unwanted parts, accommodates for a range of body shapes and sizes prevalent in orthopedic treatment. A notable example is ZSFab Company, utilizing 3D printing to produce orthopedic accessories such as neck braces and wrist casts. Furthermore, corporations like Stryker, Medtronic, and Smith & Nephew are exploring 3D printing to enhance their manufacturing processes and the quality of their products.

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What Parameters Are Used to Define the Orthopedic Accessories Market?

Orthopedic accessories are specialized devices designed to support and stabilize the musculoskeletal system, aiding in recovery from injuries or surgeries. They provide comfort, reduce strain on weakened body areas and help alleviate pain. These tools promote healing and enhance mobility for individuals with orthopedic conditions.

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