Orthopedic Braces & Support, Casting & Splints Market, by Type (Orthopedic Braces and Supports (Upper Extremity Braces and Support and Low Extremity Braces and Support), Casting Supplies & Equipment, and Splinting Supplies & Equipment), by Distribution Channel (Orthopedic Clinics, Hospitals, OTC, and E-Commerce), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Orthopedic braces are wearable medical devices that offer appropriate alignment, positional correction, supporting the muscles, stabilizing and protecting several parts of the body, which include joints, bones, and muscles. These devices are mainly prescribed by orthopedics and orthotists to the patients who suffered from major injuries and are used in prophylaxis of these damages. Products in the global orthopedic braces & support, casting & splints market also aid in alleviation of joint pains, especially in sporting injuries as well as in chronic orthopedic conditions such as arthritis. Primary function of the products in the global orthopedic braces & support, casting & splints market is to stabilize and correct the joint abnormalities. Orthopedic braces and support devices are used by patients immediately after the injury and are suggested to be worn throughout the course of hospitalization, and also during the rehabilitation.
Market Dynamics
Increase in the geriatric population living with various chronic or acute orthopedic conditions is one of the most important drivers of the global orthopedic braces & support, casting & splints market. Furthermore, rising instances of musculoskeletal disorders is also contributing to growth of the global orthopedic braces & support, casting & splints market over the forecast period. Moreover, rising instances of sports injuries as well as increasing number of roadside accidents are also driving the global orthopedic braces & support, casting & splints market growth. For instance, as per the data published in 2017, by the Ministry of Road Transport and Highways, a branch of the government of India, there were over 36 road accidents reported per one lakh of population.
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