Bracing and Supports Market. (Financial Impact Analysis)
Published Date: Mar, 2023 | 164 Pages | Report ID: MRU_293239
Bracing and Supports Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
293239 | Date :
Mar, 2023 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Bracing and Supports market including various factors related to and dependent influencing the market growth.
Bracing devices are orthopedic appliances used to align, support and hold structural and functional characteristics of the musculoskeletal system. These devices offer safeguard to various orthopedic joints for prophylactic, post-trauma and post-surgery uses, and also help in increasing mobility for people suffering from a wide range of musculoskeletal problems. Bracing and support devices include bracing products for the upper and lower extremities such as ankle, kneel, elbow, lumbar back and wrist. Bracing devices are extremely effective at improving musculoskeletal manifestations as a part of the treatment and management program. Bracing and support appliances fall into class I FDA medical devices category since most of these devices are used externally.
Arthritis and trauma patients are the major consumers of orthopedic braces. Furthermore, rising population of geriatric individuals and the corresponding risk of musculoskeletal disorders such as osteoarthritis, osteoporosis and related fractures mainly drive the global orthopedic braces and supports market. Increasing sporting activities and respective rise in incidence of sports injuries and trauma also contribute to the growth of this market. Also, use of braces such as elbow and ankle braces by sportsmen as a preventive measure has led to growth in demand for these products in the market.
North America accounts for nearly 50% of the market share and is predicted to retain its market share until the end of the forecast period. The bracing and support market is driven by the increase in sports-related injuries within the region. Another factor for the growth is the adoption of an active lifestyle by the aging population that leads to a higher incidence of fractures, and injuries. The US, Canada and Mexico were the biggest markets during 2014, in this region.
The global Bracing and Supports market is valued at xx million US$ in 2020 and will reach xx million US$ by the end of 2030, growing at a CAGR of xx% during 2023-2030. The objectives of this study are to define, segment, and project the size of the Bracing and Supports market based on company, product type, end user and key regions.
This report studies the global market size of Bracing and Supports in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Bracing and Supports in these regions.
This research report categorizes the global Bracing and Supports market by top players/brands, region, type and end user. This report also studies the global Bracing and Supports market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Bracing and Supports market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Bracing and Supports market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Bracing and Supports market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Bracing and Supports Market: The major competitors working in the market are:
, Biomet, Bledsoe, DeRoyal, Ossur, Bauerfeind, Breg, Cramer Products, Orthomerica, Swede-O, Xback Bracing
Market by Order Type
Knee Braces & Supports
Foot and Ankle Braces & Supports
Spinal Orthoses
Upper Extremity Braces & Supports Market size by End User
Ligament Injury
Preventive Care
Osteoarthritis
Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Bracing and Supports market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Bracing and Supports Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Bracing and Supports market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Bracing and Supports market size and their forecasts
To provide strategic profiles of the key players operating in the Bracing and Supports market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Bracing and Supports market
Target Audiences for Bracing and Supports Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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