Orthopedic Braces and Supports Market Study, By Type (Soft & Elastic, Hard & Rigid, Hinged), By Product (Elbow and Forearm, Wrist-Hand, Shoulders, Ankle and Foot, Knee, Spine and Neck), By Applications, By End User, Forecasts To 2026
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The global orthopedic braces and supports market was valued at USD 3.82 billion in 2018 and is expected to reach USD 6.05 billion by 2026, at a CAGR 5.9% Through the process of rehabilitation and recovery, orthopedic braces and orthopedic splints protect, stabilize, support and correct injuries or abnormal alignment. They are predominantly used in injury rehabilitation, injury prevention, osteoarthritic care, post-operative care and more.Basically, orthopedic braces are wearable medical devices that provide appropriate alignment, posture correction which support the muscles while protecting and steadying several parts of the body mainly including bones, muscles and joints. Orthopedics and orthotists are authorized professionals who guide their patients to use these devices. Orthopedic braces and support are devices which are advised to be worn immediately after the occurrence of the injury and are suggested to be worn throughout the period of rehabilitation and hospitalization. On the basis of utility and function, the orthopedic wearable braces can be significantly classified into lower extremity braces, upper extremity braces and back and hip braces. Lower extremity braces are used for lower parts of the body, viz foot, ankle and knee while upper extremity braces are chiefly utilized to treat patients with impairments caused in the upper part of the body, namely wrist, elbows and shoulders. Patients having issues with their spinal cord and associated parts are recommended back and hip braces.
Affordable prices of the products with greater availability, increased number of accidental injuries, technological progressions, awareness regarding joints, bones and muscles and intensifying sports industry sectors are acting as market drivers to flourish high demands of orthopedic braces and support in the market. On the other hand, unawareness regarding the new technological developments in the field of orthopedic braces and supports is restraining the growth of the market.Bauerfeind AG, ssur Hf, DJO Finance LLC, Breg, Inc., DeRoyal Industries, Inc., Bird & Cronin, Inc., Ottobock Holding GmbH & Co. KG, BSN medical, Zimmer Biomet Holdings, Inc., Oppo Medical, LLC, Becker Orthopedic, Thuasne Group, 3M Company, Reh4Mat, and United OrthoSoft & Elastic, Hard & Rigid, Hinged,Elbow and Forearm, Wrist-Hand, Shoulders, Ankle and Foot, Knee, Spine and Neck
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