Global Bracing and Support (B&S) Market – Analysis By Product, By Type, By End User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)
Executive Summary
According to Azoth Analytics research report, the Global Bracing and Support (B&S) Market is projected to display impressive growth during 2022–2027. The Global Bracing and Support (B&S) Market was valued at USD 4433.83 Million in the year 2021 with the North American region leading the regional market share. The key factors driving the growth of this market include the rising prevalence of chronic diseases such as neurological disorders which impact the spinal and the nervous system of the patients, the growth of the geriatric population and increasing sports-related injuries which are propelling the demand for Bracing and Support (B&S) in the market.
Moreover, technological advancements in the field of Bracing and Support (B&S) along with rising adoption of universal health coverage in the developed and developing markets, increasing product launches, rising healthcare infrastructure and expenditure with the presence of key market players who constantly undertake research and development activities in the market is further facilitating the growth of braces and supports globally.
The Covid-19 pandemic had a significant negative impact on the global Bracing and Support (B&S) market and the companies experienced a reduction in revenue due to a decline in the number of patients. A significant decline was due to patients deciding to postpone their visits for various reasons including concerns regarding their own health and safety.
Scope of the Report
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