The Orthopedic Braces And Support Devices And Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Orthopedic Braces And Support Devices And Equipment Market?
The market size for orthopedic braces and support devices and equipment has been progressively increasing in the past years. It is projected to rise from $4.01 billion in 2024 to $4.2 billion in 2025, representing a compound annual growth rate (CAGR) of 4.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Orthopedic Braces And Support Devices And Equipment Industry?
The Orthopedic Braces And Support Devices And Equipment Global Market Report 2025 predicts that by 2029, the market will grow to be worth $5.05 billion, with a compound annual growth rate (CAGR) of 4.7%.
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What are the Key Growth Drivers Fueling the Orthopedic Braces And Support Devices And Equipment Market?
The key drivers in the orthopedic braces and support devices and equipment market are:
• Surge in emerging markets
• Enhanced regulatory support and reimbursement initiatives
• Advancements towards value-based healthcare
• Increased focus on personalized medicine.
Global Market Segmentation: Identifying Major Orthopedic Braces And Support Devices And Equipment Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Orthopedic Braces And Support Devices And Equipment Market?
The key trends in the orthopedic braces and support devices and equipment market are:
• The trend towards smart orthopedic braces is emerging.
• The adoption of 3D printing in production is becoming a significant trend.
• Lightweight and breathable materials in braces and support devices are gaining traction.
• Tele-rehabilitation and remote monitoring methods are emerging as important future trends.
Who Are the Top Competitors & Leading Players in the Orthopedic Braces And Support Devices And Equipment Market?
Major companies in the orthopedic braces and support devices and equipment market are:
• 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
Regional Dominance: Which Area Leads the Global Orthopedic Braces And Support Devices And Equipment Market?
North America was the largest region in global orthopedic devices and equipment market in 2023
