Global Bracing and Supports Market Growth 2023-2029

Global Bracing and Supports Market Growth 2023-2029

Bracing devices are orthopedic appliances used to align, support and hold structural and functional characteristics of the musculoskeletal system. These devices offer safeguard to various orthopedic joints for prophylactic, post-trauma and post-surgery uses, and also help in increasing mobility for people suffering from a wide range of musculoskeletal problems. Bracing and support devices include bracing products for the upper and lower extremities such as ankle, kneel, elbow, lumbar back and wrist. Bracing devices are extremely effective at improving musculoskeletal manifestations as a part of the treatment and management program. Bracing and support appliances fall into class I FDA medical devices category since most of these devices are used externally.

LPI (LP Information)' newest research report, the “Bracing and Supports Industry Forecast” looks at past sales and reviews total world Bracing and Supports sales in 2022, providing a comprehensive analysis by region and market sector of projected Bracing and Supports sales for 2023 through 2029. With Bracing and Supports sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bracing and Supports industry.

This Insight Report provides a comprehensive analysis of the global Bracing and Supports landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bracing and Supports portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bracing and Supports market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bracing and Supports and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bracing and Supports.

The global Bracing and Supports market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Arthritis and trauma patients are the major consumers of orthopedic braces. Furthermore, rising population of geriatric individuals and the corresponding risk of musculoskeletal disorders such as osteoarthritis, osteoporosis and related fractures mainly drive the global orthopedic braces and supports market. Increasing sporting activities and respective rise in incidence of sports injuries and trauma also contribute to the growth of this market. Also, use of braces such as elbow and ankle braces by sportsmen as a preventive measure has led to growth in demand for these products in the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Bracing and Supports market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Knee Braces & Supports
Foot and Ankle Braces & Supports
Spinal Orthoses
Upper Extremity Braces & Supports

Segmentation by application
Ligament Injury
Preventive Care
Osteoarthritis

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Biomet
Bledsoe
DeRoyal
Ossur
Bauerfeind
Breg
Cramer Products
Orthomerica
Swede-O
Xback Bracing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bracing and Supports market?

What factors are driving Bracing and Supports market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bracing and Supports market opportunities vary by end market size?

How does Bracing and Supports break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.