Orthopedic Braces and Supports Market is expected to reach US$ 5,429.3 Million by 2025

PRESS RELEASE BY The Insight Partners 19 Nov 2018

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Ligament Injury is the Largest Segment by Application in the Orthopedic Braces & Supports Market During 2020–2025

According to our new research study on " Orthopedic Braces & Supports Market Forecast to 2025 – COVID-19 Impact and Global Analysis – by Product, Application, and Geography," the market was valued at US$ 5,429.3 million by 2025 from US$ 3,950.6 million in 2019; it is estimated to grow with a CAGR of 5.3% from 2020-2025. The report highlights the trends and drivers prevailing in the orthopedic braces & supports market.

Based on the application, the orthopedic braces & supports market is segmented into ligament injury, osteoarthritis, preventive care, cold bracing, and others. Ligament injury is the largest segment among the application segment in the orthopedic braces and supports market and is also anticipated to hold the largest market in the coming future. At the same time, the osteoarthritis growing segment is accounted to grow at the fastest CAGR. Ligaments are composed of tough bands of fibrous tissue that joints two bones or bone to cartilage. The ligaments provide support and strength to joints. Ligaments are strong and can be stretched; however, when extreme force is applied, or some high impact is given to the ligaments, these are torn and result in ligament injuries.

Lucrative Regions for Orthopedic Braces and Supports in Healthcare Market

Lucrative Regions for Orthopedic Braces and Supports in Healthcare Market

Orthopedic Braces & Supports Market Report 2021-2031

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Orthopedic Braces & Supports Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Spine, Shoulder, Elbow, Back & Hip, Knee, and Ankle & Foot), Application (Osteoarthritis, Preventive Care, Ligament Injury, Cold Bracing, and Others), and Geography

The ligament injuries are most commonly seen in the knee, ankle, and wrist; these injuries are commonly seen during sports activities. During these athletic and other sport activities where these part of the bodies are under constant activities and stress. Therefore, the probability of getting ligament injuries is very high. The ligament injuries are seen in three types, namely, Grade I, which is mild ligament tear, Grade II, which is moderate ligament tear and Grade III, which is a complete ligament injury.

The symptoms shown by ligament injuries are pain, swelling, instability in joints, and improper functioning of the body part. Thus to support these part after the injury, braces or supports are used; the braces protect the injured structures and prevent further injury, helps in reducing pain, initiates tissue healing, and provides support and joint stabilization. The brace can be used with a combination of supporting tape or strapping or can be used independently, which enables patients to move on their own. Thus, braces and supports are generally preferred as non-surgical treatments for ligament injuries, and the market of the segment is expected to grow significantly in the coming future.

DJO Global, Zimmer Biomet, Ossur Corporate, 3M, Breg Inc., Bauerfeind, BSN medical, DeRoyal Industries, Inc., Thuasne, ALCARE Co.Ltd, and Ottobock are among the several players engaged in addressing the demands for orthopedic braces & supports market growth.

The report segments the orthopedic braces & supports market as follows:

Based on the product, knee, back & hip, shoulder, elbow, foot and ankle and spine. On the basis of application, the market is segmented into ligament injury, osteoarthritis, preventive care, cold bracing, and others. Based on geography, the hospital supplies market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France), Asia Pacific (China, Japan, India), the Middle East & Africa (the UAE, Saudi Arabia, and South), and South & Central America (Brazil).

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