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Orthopedic Braces & Support, Casting and Splints - Global Market Trajectory & Analytics

  • ID: 4806477
  • Report
  • September 2020
  • Region: Global
  • 183 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Bsn Medical Gmbh
  • Deroyal Industries
  • Djo Global
  • Ossur Hf
  • Prime Medical
  • Stryker Corporation
  • MORE
Global Orthopedic Braces & Support, Casting and Splints Market to Reach $8.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Orthopedic Braces & Support, Casting and Splints estimated at US$5.7 Billion in the year 2020, is projected to reach a revised size of US$8.2 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Casting Supplies & Equipment, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Splinting Supplies & Equipment segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 8% CAGR

The Orthopedic Braces & Support, Casting and Splints market in the U. S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Orthopedic Braces & Supports Segment to Record 5.3% CAGR

In the global Orthopedic Braces & Supports segment, USA, Canada, Japan, China and Europe will drive the 4.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.5 Billion in the year 2020 will reach a projected size of US$3.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2027, while Latin America will expand at a 6.5% CAGR through the analysis period. We bring years of research experience to this 7th edition of our report. The 183-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • BSN Medical GmbH
  • DeRoyal Industries, Inc.
  • DJO Global, Inc.
  • Ossur HF
  • Prime Medical Inc.
  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bsn Medical Gmbh
  • Deroyal Industries
  • Djo Global
  • Ossur Hf
  • Prime Medical
  • Stryker Corporation
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Increasing Incidence of Musculoskeletal Disorders and Rise in Sports Injuries Propel Growth in the Global Orthopedic Braces & Support, Casting and Splints Market
  • Competition
  • Global Walking Braces Market: Percentage Breakdown of Sales by Leading Players for 2019E
  • Global Competitor Market Shares
  • Orthopedic Braces & Support, Casting and Splints Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Growing Geriatric and Obese Population at High Risk of Osteoarthritis, Osteoporosis and Other Musculoskeletal Disorders Drive Orthopedic Braces & Support, Casting and Splints Market
  • Expanding Elderly Population
  • Expanding Elderly Population Worldwide – Breakdown of Number of People Aged 60+ Years in Billion by Geographic Region for the Years 2017 and 2050
  • Growing Obesity Concerns
  • Top Obese Countries Worldwide – Ranked by Adult Obese Individuals as % of Total Population for 2019E
  • Increasing Volume of Orthopedic Surgeries
  • Number of Planned Hip and Knee Replacement Procedures in the US by Age Group for the Years 2010 and 2017
  • Increase in Sports-Related Injuries
  • Ten Most Common Types of Sports Injuries
  • Orthopedic Braces and Supports Market: Osteoarthritis and Sports Injuries Drive Growth
  • Global Orthopedic Bracing and Support Systems Market: Percentage Breakdown of Revenues by Product for 2019E
  • Global Ankle & Foot Braces Market: Percentage Breakdown of Sales by Application for 2019E
  • Knee Braces Market Benefits from Increase in Cases of Knee Osteoarthritis and Rise in Sports and Other Injuries
  • An Insight into Some of the Most Common Types of Knee Injuries
  • Knee Braces Play a Vital Role in Reducing Pain for Osteoarthritis Patients
  • A Review of Select Popular Knee Braces
  • OTC Orthopedic Braces Market: Increasing Affordability of Products Favors Growth
  • Ankle Braces Market: Growing Number of People Affected by Ankle Osteoarthritis and Increase in Musculoskeletal Injuries Fuels Growth
  • A Review of Select Popular Ankle Braces
  • Popular Ankle Braces for Basketball Players
  • Hip Braces Support Patients Suffering from Hip Dislocation
  • A Glance at Popular Support Brace for Back, Thigh and Hip Pain
  • Back Support Market: Growth Fueled by Rising Demand from Orthopedic Clinics
  • Global Back Support Market: Percentage Breakdown of Revenues by End-Use Segment for 2019E
  • Upper Extremity Orthotics Braces: Supporting Stability to Immobilization Requirements of Upper Extremities
  • Cervical Neck Braces: Essential for Pain Relief and to Assist in Recovery of Neck and Spine
  • A Review of Select Cervical Neck Braces
  • Popular Tennis Elbow Braces – A Review
  • Casting and Splinting Equipment and Supplies Market - An Overview
  • Global Orthopedic Splits and Casts Market: Percentage Breakdown of Sales by Product Type for 2019E
  • Orthopedic Splints Market: Poised for Favorable Growth
  • Increasing Incidence of Fractures Drive Orthopedic Casting Materials Market
  • Innovations & Advancements
  • Innovative Knee Brace Using Aerospace-Grade Composite Material Supports Knee Joint and Enhances Mobility
  • Knee Extensor Assist (KEA) Technology-based Knee Braces Provide Improved Muscular Assistance
  • Novel Knee Orthosis Focuses on Alleviating Osteoarthritis Pain
  • ActivArmor Creates Innovative 3D Printed Cast/Orthotic Device
  • PRODUCT OVERVIEW
  • Introduction to Orthotics
  • Orthopedic Braces: Definition
  • Types of Orthopedic Braces and Supports
  • Ankle Brace
  • Types of Ankle Braces
  • Knee Brace
  • Back Brace
  • Orthopedic Splints
  • Types of Orthopedic Splints
  • Orthopedic Cast
  • Materials Used in Making a Cast
  • Types of Casts
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Orthopedic Braces & Support, Casting and Splints Market Share (in %) by Company: 2019 & 2025
  • Orthopedic Braces and Support Devices Market: An Overview
  • US Orthopedic Braces and Support Systems Market: Percentage Breakdown of Value Sales by Product for 2019E
  • US Orthopedic Braces and Support Systems Market: Percentage Breakdown of Value Sales by End-Use for 2019E
  • OTC Orthopedic Braces Market in North America: An Overview
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Orthopedic Braces & Support, Casting and Splints Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Strong Growth in Store for European Orthopedic Braces and Supports Market
  • Knee Braces Market – Benefiting from Rising Incidences of Various Diseases and the Subsequent Need for Bracing and Support
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC
  • OTC Orthopedic Braces Market in Asia-Pacific: A High Growth Market
  • Market Analytics
AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
3 of 3
  • Bsn Medical Gmbh
  • Djo Global
  • Deroyal Industries
  • Ossur Hf
  • Prime Medical
  • Stryker Corporation
  • Zimmer Biomet Holdings
Note: Product cover images may vary from those shown
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