Future Outlook of the Orthopedic Accessories Market: Growth, Trends, and Emerging Opportunities Explored
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What fueled the previous growth in the orthopedic accessories market?
The market for orthopedic accessories has seen steady growth over recent years. There is an expected rise in the market, from $3.22 billion in 2024 to $3.31 billion in 2025, at a compound annual growth rate (CAGR) of 2.7%. Growth during the historical period has likely been driven by elements such as an aging population, incidence of orthopedic injuries, the need for rehabilitation and physical therapy, as well as lifestyle and fitness trend.
What will be the orthopedic accessories market size in the future?
In the coming years, the market size for orthopedic accessories is anticipated to undergo consistent expansion, reaching up to $3.78 billion by 2029 with a compound annual growth rate (CAGR) of 3.4%. Factors contributing to the expected growth during this forecast period include the expansion of emerging markets, regulatory backing and reimbursement, technological advancement, and value-oriented healthcare. The main trends to watch for during this period involve intelligent orthopedic accessories, the use of eco-friendly materials, increased patient engagement, tele-rehabilitation, and remote monitoring.
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What main drivers are fueling expansion in the orthopedic accessories market?
The Orthopaedic Accessories market is getting propelled by the surging number of medical cases resulting from road and sports mishaps. In these accidents, bones and muscle tissues are at a higher risk of getting damaged, necessitating the use of orthopaedic accessories such as arm support, knee braces, and hip support. These accessories provide staunch support to the injured tissue and fractured bones during the healing process. They stabilise the bones allowing them the necessary time to recuperate. Besides, orthopaedic accessories like bone cement and casting come in handy for mending broken bones and filling in gaps in or between bones. As stated in the WHO report, due to road accidents 20-50 million people worldwide sustain non-fatal injuries every year. Similarly, Stanford Children’s Health survey reveals that every year, an alarming number of children, over 3.5 million aged 14 years or younger, suffer injuries from sports or recreational activities. Therefore, as the number of road and sports accidents continues to rise, the cases requiring orthopaedic accessories for apt treatment will escalate consequently, bolstering the orthopaedic accessories market.
What key areas define the segmentation of the global orthopedic accessories market?
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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Who are the dominant players expanding their reach in the orthopedic accessories market?
Major companies operating in the orthopedic accessories market include Stryker Corporation, Zimmer Biomet Holdings Inc., DePuy Synthes Companies, Smith and Nephew PLC, McDavid, Aesculap Implant System, Conmed Corporation, Donjoy, NuVasive, Medtronic plc, Schock Doctor, Rehband, Nordic Lifting, BioSkin, Bauerfeind AG, Futuro, Ultra Flex Athletics, EVS Sports, Neo G, NatraCure, United Ortho, Corflex Cryo, DJO Global, Arthrex, Tecres SpA, Heraeus Holding and Teknimed, OsteoRemedies, Enovis, Globus Medical, Orthofix Medical (Orthofix-SeaSpine), 4Web Medical, OrthoPediatrics, SeaSpine Orthopedics, Acumed LLC, Bioventus Surgical, Integra LifeSciences, Medline Industries Inc., MicroPort Orthopedics Inc.
How are evolving market trends shaping orthopedic accessories Strategies?
Firms operating within the orthopedic accessories market are progressively leveraging 3D printing technology to enhance productivity and to produce bespoke accessories, tailoring to the patient’s needs. 3D Printing is a method to create intricate structures by layering thin materials and eliminating superfluous parts. Given the variation in body shapes and sizes in relation to orthopedic treatment, 3D Printing lets companies manufacture accessories aligning with patient’s specific requirements. ZSFab Company, as an illustration, utilized 3D Printing technology to fabricate orthopedic accessories like neck braces and wrist casts. Moreover, corporations like Stryker, Medtronic, and Smith & Nephew are leveraging 3D printing to boost manufacturing efficiencies and the quality of their products.
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Which regions are emerging as leaders in 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.
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