The global market for Orthopedic Braces & Support, Casting and Splints is estimated at US$6.5 Billion in 2023 and is projected to reach US$10.1 Billion by 2030, growing at a CAGR of 6.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the orthopedic braces and supports market is driven by several factors, including technological advancements in fabrication and materials, increased accessibility to orthopedic care in emerging markets, and a heightened awareness of the benefits of preventive bracing. Innovations such as 3D printing and the use of advanced polymers have enhanced the comfort and effectiveness of these devices. Additionally, expanding healthcare infrastructure and growing health expenditures in developing countries have made these critical supports more accessible to a broader audience. Finally, as individuals become more informed about the importance of injury prevention and maintenance of bone health, the demand for orthopedic braces, supports, casting, and splints continues to rise, reflecting a collective move towards proactive personal healthcare.
The growth in the orthopedic braces and supports market is driven by several factors, including technological advancements in fabrication and materials, increased accessibility to orthopedic care in emerging markets, and a heightened awareness of the benefits of preventive bracing. Innovations such as 3D printing and the use of advanced polymers have enhanced the comfort and effectiveness of these devices. Additionally, expanding healthcare infrastructure and growing health expenditures in developing countries have made these critical supports more accessible to a broader audience. Finally, as individuals become more informed about the importance of injury prevention and maintenance of bone health, the demand for orthopedic braces, supports, casting, and splints continues to rise, reflecting a collective move towards proactive personal healthcare.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Orthopedic Braces & Supports segment, which is expected to reach US$5.6 Billion by 2030 with a CAGR of a 6.4%. The Casting Supplies & Equipment segment is also set to grow at 6.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.1 Billion in 2023, and China, forecasted to grow at an impressive 8.3% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Orthopedic Braces & Support, Casting and Splints Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Orthopedic Braces & Support, Casting and Splints Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Orthopedic Braces & Support, Casting and Splints Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aetna, Inc., Bird & Cronin, LLC., Active Ankle Systems, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 146 Featured):
- Aetna, Inc.
- Bird & Cronin, LLC.
- Active Ankle Systems, Inc.
- Ability Prosthetics & Orthotics, Inc.
- Bauerfeind AG
- BREG, Inc.
- Alcare Co., Ltd.
- Corflex Inc.
- BioPed Franchising Inc.
- BraceAbility
- BioMetrics Prosthetic and Orthotic CT
- Bio-medical Carbon Technology Co., Ltd.
- Advanced Orthopaedics
- Cleverlearn Inc..
- Breo-USA
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Aetna, Inc.
- Bird & Cronin, LLC.
- Active Ankle Systems, Inc.
- Ability Prosthetics & Orthotics, Inc.
- Bauerfeind AG
- BREG, Inc.
- Alcare Co., Ltd.
- Corflex Inc.
- BioPed Franchising Inc.
- BraceAbility
- BioMetrics Prosthetic and Orthotic CT
- Bio-medical Carbon Technology Co., Ltd.
- Advanced Orthopaedics
- Cleverlearn Inc..
- Breo-USA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 499 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 6.5 Billion |
| Forecasted Market Value ( USD | $ 10.1 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
