Orthopedic Braces & Supports Market is projected to reach USD 5.5 billion by 2024 from USD 4.1 billion in 2019, at a CAGR of 5.7%.
The major factors driving the growth of the Orthopedic Braces & Supports Market are the increasing prevalence of orthopedic diseases & disorders, rising number of sports and accident-related injuries, and growing public awareness related to preventive care.
Breg, Inc. (US), DJO Finance LLC (US), Bauerfeind AG (Germany), DeRoyal Industries, Inc. (US) and Össur Hf (Iceland) are the top five players in the global orthopedic braces and supports market. Other prominent players operating in this market include Oppo Medical, Inc. (US), Zimmer Biomet Holdings, Inc. (US), Ottobock Holding GmbH & Co. KG (Germany), Bird & Cronin, Inc. (US), Reh4Mat (Poland), 3M Company (US), medi GmbH & Co. KG ( ... Read more
Orthopaedic devices fall under the medical specialty of orthotics, a field that involves the design, manufacture, and application of orthopaedic braces and other similar devices that are used outside the patient’s body to modify or improve the function and structure of the affected muscles and bones.