The Market for Global Orthopedic Braces and Supports is expected to grow at CAGR 6.6% from 2017 to 2024
Data Bridge Market Research new Insight’s on “Global Orthopedic Braces and Supports Market, is projected to reach USD 5.91 billion by 2024, from USD 3.62 billion in 2016, at a CAGR of 6.6% during the forecast period from 2017 to 2024.”
The market is segmented by Product Type (Upper Extremity, Lower Limb Neck and Spine, Pelvis-Hip-Femur), By End-User (Hospitals, Clinics, Home Healthcare and Other End-Users), By Distribution Channel (Orthopedic Clinics, Hospitals, Over The Counter (OTC), E-Commerce, Prescription), By Geography (North America, Europe, Asia Pacific, Latin, America, MEA (Middle East & Africa))- Industry Trends and Forecast to 2024
The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
Orthopedic Braces and Supports Market: Recent Developments
The main restrains regarding the orthopedic braces and support is lack of knowledge. New technologies are upgrading from time to time. Although innovative surgery has currently increased the adoption of knee, ankle and joint braces, those same improvements could potentially pose a challenge to the orthopedic device sector in the future. By wearing a brace and decreasing the load on the injured area, may indeed increase the load on another area of the body, which could lead to injury. Unawareness regarding the new orthopedic braces and support lead to restrain the market. Misleading leads to restrain regarding orthopedic braces and support and lack of trust among the general public.
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Orthopedic Braces and Supports Market Categories: Segmentation
The global orthopedic braces and supports market is segmented based on product type, end-user, distribution channel and geography.
On the basis of product type, the global orthopedic braces and supports market is segmented into Upper Extremity, Lower Limb Neck and Spine, and Pelvis-Hip-Femur.
Based on end-user the market is segmented into Hospitals, Clinics, Home Healthcare and Others.
On the basis of distribution channel the market is segmented into Orthopedic Clinics, Hospitals, Over the Counter (OTC), E-Commerce, and Prescription.
Orthopedic Braces and Supports Market: Geographic Segmentation
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia Pacific, Latin America, MEA (Middle East & Africa).The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
Orthopedic Braces and Supports Market: Company Share Analysis
The market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in the global nasal spray market are DJO global, Zimmer Biomet, Medtronic, Smith and Nephew, Stryker, NuVasive, Integra LifeSciences, Globus Medical, DePuy Synthes, Ottobock., AC Mould, Johnson&Johnson, Weber Orthopedic Inc., Bledsoe Brace Systems, FLA Orthopedics , Bauerfeind USA Inc., OPPO Medical Inc., Langer Biomechanics and BSN medical.
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